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.
The most recent suggestion involves adding the U.S. Trustee as a party to be notified by the debtors and lowering the highest acceptable value for settled claims from the previous $10 million to $7 million.
The well-received initiative, which initially launched on Solana and later transitioned to Polygon earlier this year, announced its intention to fully refund all the grant funds it had received.
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