The Sonic blockchain—a new, independent chain distinct from the Fantom Opera network—is set to launch publicly "soon" after achieving Genesis, its first completed block of transactions. Developed by Sonic Labs, this EVM-compatible, speed-optimized Layer-1 blockchain aims to offer innovators low latency, reduced fees, and powerful infrastructure.
👉 Discover how Sonic plans to compete with Solana and Base in speed
Key Features of the Sonic Blockchain
- Genesis Achieved: Sonic Labs confirmed the completion of "Block Zero," marking the chain’s operational readiness.
- FTM to "S" Token Swap: Users can soon exchange Fantom (FTM) tokens for Sonic’s native "S" tokens at a 1:1 ratio.
- Developer Incentives: 90% of transaction fees are redistributed to developers, fostering ecosystem growth.
- Proof-of-Stake Mechanism: "S" token holders can stake to secure the network.
Airdrop and Snapshot Details
Sonic completed a Snapshot on December 2 for its 200 million "S" token airdrop, allocated to participants of its arcade games (e.g., Coinflip, Plinko). These games are now closed ahead of the mainnet launch.
Performance and Competition
During testnet, Sonic achieved 720-millisecond transaction finality, positioning it as a potential rival to Solana and Base in the high-speed EVM chain arena.
Governance and Ecosystem
The Sonic Foundation—launched in May—oversees governance, treasury management, and DeFi ecosystem development, backed by the Fantom Foundation.
FAQs
Q: When will Sonic’s mainnet launch?
A: While no exact date is confirmed, Sonic Labs announced a public launch "soon" post-Genesis.
Q: How do I claim the "S" token airdrop?
A: Eligibility was determined via the December 2 Snapshot. Check Sonic’s official channels for distribution updates.
Q: What makes Sonic different from Fantom Opera?
A: Sonic is a rebranded, upgraded version with enhanced speed, lower fees, and a focus on developer incentives.
👉 Learn more about EVM-compatible blockchains
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