{
Somali Shilling

Currency

}
sonic labs launches mainnet with developer incentives and decentralized interoperability
Sonic Labs has launched the Sonic mainnet, an EVM-compatible layer-one blockchain boasting 10,000 TPS and sub-second finality, designed to empower developers with a Fee Monetization model that rewards them with up to 90% of network fees. Existing FTM holders can seamlessly upgrade to the new S token through a dedicated portal, while the Sonic Gateway offers a decentralized bridge to Ethereum, enhancing asset security and liquidity. An airdrop of 190.5 million S tokens will incentivize both users and developers, fostering network growth and innovation.
dailyhodl.com
Somali Shilling CYM Michael Kong Sam Harcourt Bernhard Scholz Show more
Technology & Innovation, Press Release
20:31 18.12.2024
sonic labs launches mainnet with 10000 tps and developer incentives
Sonic Labs has launched the Sonic mainnet, an EVM-compatible layer-1 blockchain that boasts 10,000 transactions per second and sub-second finality, enhancing developer incentives and liquidity. The platform features a unique Fee Monetization model, rewarding developers with up to 90% of network fees, and facilitates a seamless upgrade from the FTM token to the new S token. Additionally, the Sonic Gateway provides a secure, decentralized bridge to Ethereum, ensuring asset protection and efficient transfers.
CryptoPotato
Somali Shilling CYM Michael Kong Sam Harcourt Bernhard Scholz Show more
Technology & Innovation, Press Release
15:38 18.12.2024
sonic labs launches mainnet with 10000 tps and developer incentives
Sonic Labs has launched the Sonic mainnet, an EVM-compatible layer-1 blockchain capable of processing over 10,000 transactions per second with sub-second finality. The platform introduces a Fee Monetization model that rewards developers with up to 90% of network fees, enhancing incentives for application development. Additionally, the Sonic Gateway offers a secure, decentralized bridge to Ethereum, ensuring asset protection and efficient transfers.
Crypto News Flash
Somali Shilling CYM Michael Kong Sam Harcourt Bernhard Scholz Show more
Technology & Innovation, Press Release
15:23 18.12.2024
Australia to Phase Out AT1 Bonds Following Credit Suisse Collapse
Australia's banking regulator, APRA, is set to phase out Additional Tier 1 (AT1) bonds by 2025, following concerns over their effectiveness after the Credit Suisse collapse. The move aims to replace AT1 with more reliable capital forms that better absorb losses during financial stress. While feedback on the proposal has been largely supportive, some investors worry about losing access to AT1 as an investment option.
The Straits Times
United States Dollar Somali Shilling Australian Dollar Credit Suisse Real Estate Fund Siat AUS USA
TradFi, News Article
01:54 09.12.2024
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