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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

backed sonic and chainlink partner to tokenize fortlake sigma opportunities fund

Backed, Sonic, and Chainlink have partnered with Fortlake Asset Management to tokenize the Sigma Opportunities Fund, marking a significant advancement in integrating traditional financial assets with blockchain technology. This initiative will create permissionless tokens collateralized 1:1 by fund units, enhancing access for digital asset investors and enabling new opportunities in decentralized finance. The collaboration highlights the growing trend of asset tokenization, with predictions suggesting it could exceed $16 trillion in the coming years.
CryptoSlate
United States Dollar CHE Sam Harcourt Adam Levine Colin Cunningham Christian Baylis Show more
Finance & Economy, Press Release
15:36 07.12.2024
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