Sonic Labs co-creator Andre Cronje reposted a summary of a recent interview on the X platform, in which he revealed that he plans to launch an exchange within the year, aiming to compete with Coinbase and Binance, which will be fully decentralized and provide as much leverage as possible. Andre Cronje also said that Meme is essentially an attention economy, and community coins are valuable, rewarding communities that have been struggling for years and persisting, but that kind of Meme coins that may disappear in a few weeks are toxic. In addition, AC revealed that Sonic is about to launch a "fee subsidy" function and a "smart wallet", the former allows anyone (currently supposed to be a whitelist model) to provide gas to other users, and the latter is a step further on the basis of "abstract wallets", supporting the use of any Token as gas and various accounts to log in.