sonic labs launches mainnet with 10000 tps and developer incentives

Sonic Labs has launched its Sonic mainnet, a layer-1 blockchain platform for decentralized finance (DeFi) that aims to enhance the user experience and cater to developers.

Key Features of Sonic Mainnet

Sonic mainnet offers several key features:

  • Capacity of over 10,000 transactions per second (TPS)
  • Sub-second confirmation times
  • Robust infrastructure for decentralized applications

S Token for Seamless Transition

The platform introduces the S token, which allows for a seamless transition for existing FTM holders. Existing FTM holders can easily upgrade their tokens to the new S token.

Decentralized Gateway to Ethereum

Sonic's architecture includes a decentralized gateway to Ethereum, enhancing liquidity and asset security. The Sonic Gateway serves as a decentralized bridge between Ethereum and the Sonic mainnet, ensuring security, speed, and decentralization for asset transfers.

Fee Monetization Model for Developers

The Fee Monetization (FeeM) model allows developers to earn up to 90% of network fees, creating a collaborative and sustainable environment for application development.

Airdrop Program for Network Growth

Sonic Labs is distributing 190.5 million S tokens through an airdrop program to stimulate network growth and encourage user engagement.

Trending
Subcategory:
Countries:
Companies:
Currencies:
People:

MachinaCore is a highly modular and scalable system that allows users to build custom widgets and tools tailored to their specific financial data needs, while seamlessly integrating with other MachinaLabs products, like Machinary, MachinaAI Modules and MachinaTrader.

Address

Waitlist

We’re granting exclusive early access to the first 500 users from december 20.

© 2024 by Machinary.com - Version: 1.0.0.0. All rights reserved

Layout

Color mode

Theme mode

Layout settings