Sonic Labs has officially launched its Sonic mainnet, a next-generation, EVM-compatible, layer-one blockchain designed to empower developers with powerful features and compelling incentives.
With the ability to handle up to 10,000 transactions per second and near-instant finality, Sonic sets a new standard for performance. It also features a native decentralized bridge that connects seamlessly to Ethereum, making it a powerful platform for building innovative, high-impact applications.
Led by the team behind Fantom, Sonic is rooted in proven technology. The introduction of the S token pushes Sonic beyond Fantom and FTM, reshaping the DeFi landscape. It is designed to provide developers with cutting-edge tools while providing users with quick access to abundant liquidity.
For FTM holders, moving to Sonic couldn't be easier — thanks to a simple 1:1 token upgrade to S.
Empowering Developers: Sonic's innovative fee sharing model
Sonic Labs is revolutionizing how blockchain developers are rewarded. Unlike traditional platforms that prioritize value extraction, Sonic takes a radically different approach: it funnels a significant portion of network fees to the developers themselves. This strategy reflects a strong commitment to strengthening the ecosystem rooted in innovation, growth and long-term sustainability.
the Fee monetization (expenses) The program changes the rules of the game. Developers can earn up to 90% of fees generated by their applications – similar to the revenue sharing models seen in Web2 platforms such as YouTube, but implemented in a decentralized environment. The model incentivizes the success of apps, meaning developers earn more as their apps attract greater engagement and usage.
By blending proven digital monetization strategies with cutting-edge blockchain technology, Sonic empowers developers to build, scale, and monetize their applications efficiently and sustainably.
Introducing Voice Gateway: The Decentralized Bridge
As blockchain ecosystems grow, the demand for secure and efficient cross-chain solutions is at an all-time high. Unfortunately, many existing bridges rely on centralized structures, making them prime targets for hacking and failure.
Sonic Gateway from Sonic Labs changes the game. This decentralized bridge seamlessly connects Ethereum and Sonic, providing a secure and easy-to-use experience. Here's what makes it special:
- Absolute security: Sonic Gateway prioritizes the safety of your assets. If the bridge becomes inactive for two weeks, the built-in security system allows you to recover your funds directly on Ethereum. This durable safety net ensures peace of mind and reliable protection.
- Extremely fast conversions: Transfers occur at predictable intervals — every 10 minutes from Ethereum to Sonic, and every hour in the opposite direction. Need faster access? Choose Fast lane Feature the bridge instantly by paying a small fee.
- Completely decentralized process: Unlike centralized bridges, Sonic Gateway is managed by the Sonic Validation Network across both chains. This eliminates single points of failure and ensures that the bridge maintains the same level of decentralization as the Sonic network.
How to bridge your assets:
- Visit Sonic Gateway platform.
- Connect your Web3 wallet.
- Select the asset you want to transfer.
- Review the expected amount on Sonic.
- Approval of the deal.
Sonic Labs has big plans to expand Sonic Gateway, adding support for more blockchains and enabling seamless access to native assets across ecosystems. By maintaining decentralized custody, Sonic Gateway eliminates the vulnerabilities of centralized and third-party solutions, ensuring that your assets remain secure and accessible at all times.
Switching from FTM to S: Your step-by-step guide
With Fantom moving to Sonic, it's time for FTM holders to upgrade to the new version S code. To make this process hassle-free, Sonic Labs has provided an easy-to-navigate upgrade portal My Sonic. Converting FTM tokens to S tokens is simple and maintains a 1:1 exchange rate.
Here's how to upgrade:
- Head to FTM-to-S upgrade portal.
- Connect your Web3 compatible wallet.
- Enter the FTM amount you wish to transfer.
- Confirm the amount of S tokens you will receive (it's a 1:1 direct swap).
- Approval and submission of the transaction.
The process is fast and smooth. Your new S Tokens will appear in your Sonic wallet within moments after you complete the swap.
For the first time 90 days After launch, the gateway offers complete flexibility, allowing you to switch back and forth between FTM and S. Once this period expires, the gateway will only support FTM to S transfers.
Unleashing Growth: 190.5 million S airdrops
Sonic Labs is implementing a large airdrop and distribution operation 190.5 million S tokens For developers and users to accelerate growth on the Sonic Network. The initiative is divided into two reward systems: Sonic points and Sonic Jewels.
- Sonic points It is designed for users, rewarding activities such as early adoption, asset retention, app usage, and overall engagement within the Sonic ecosystem. This encourages active participation and long-term loyalty.
- Sonic Jewels Focus on developers, incentivizing applications that drive user engagement and innovation. Developers can convert their earned gems into S tokens, which can be used to reward users of their apps, promoting sustainable growth and activity.
Voice Points and Gems will be distributed across multiple locations SeasonsThis ensures a consistent and adaptable rewards program. The first season is scheduled to conclude by June 2025.
With its groundbreaking technology, developer-first incentives, and seamless user experience, Sonic Labs is poised to redefine the blockchain landscape, enabling a new era of innovation, scalability, and decentralized success.
This content is sponsored and does not constitute an endorsement by Blockworks. This content has not been verified for accuracy and should not constitute financial advice. We encourage readers to do their own research before making financial decisions.
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