The SOMA token is designed as a non-cumulative, participating preferred stock for SOMA.finance, offering the potential for a dividend payout of as much as 10% of its earnings.
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The regulatory authority has recently confirmed postponements for all six of the pending ETF applications.
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As per the blockchain data, the lending platform is well-positioned to eliminate approximately $7 million worth of MKR governance tokens from the market in the coming month.
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