News: Sonic co-founder Andre Cronje (AC) disclosed more details about the previously teased algorithmic stablecoin project on X. When the Total Value Locked (TVL) is $10 million, the Annual Percentage Rate (APR) can exceed 200%; when TVL reaches $100 million, the APR is approximately 23.5%; when TVL is over $1 billion, the APR will stabilize around 4.9%. AC finally stated that he will assemble a team to fully launch the project. Previously, AC had posted on X last week that the team had made technical breakthroughs in the algorithmic stablecoin field, but the events of past cycles had left him with "post-traumatic stress disorder" (PTSD), and he was uncertain whether to implement the plan.