Sonic Mainnet Launches with Robust Developer-Centric Features

Today, Sonic Labs launched the Sonic mainnet. This new EVM layer-1 blockchain platform isn't just another chain; it's designed specifically with developers in mind, offering them powerful tools and enticing incentives.

Imagine processing 10,000 transactions per second with nearly instant finality. Plus, there's a built-in, decentralized bridge linking directly to Ethereum. This is what Sonic brings to the table, making it an ideal playground for developing the next wave of breakthrough apps.

The brains behind Fantom are the ones steering this ship, so you know it's built on solid tech. With the introduction of the S token, Sonic takes a giant stride beyond its predecessors, Fantom and FTM, by redefining what a DeFi hub can be. It's all about giving developers a leg up and ensuring users have smooth, fast access to a deep pool of liquidity.

For those already holding FTM, switching over to Sonic is a breeze, thanks to a straightforward 1:1 token upgrade to S.

Upgrading from FTM to S: A Quick Guide

With Fantom transitioning into Sonic, it's time for FTM holders to make a smooth migration to the new S token. Sonic Labs has crafted an intuitive portal on MySonic to help you convert your existing FTM into S tokens, maintaining a straightforward 1:1 ratio.

Here’s your quick walkthrough:

1. Jump onto the FTM to S upgrade portal.

2. Connect your Web3 wallet.

3. Specify how much FTM you’d like to turn into S.

4. Double-check that you're set to receive an equal amount of S tokens.

5. Approve the transaction.

It’s super quick—your new S tokens should pop up in your wallet on Sonic right after you send out your FTM, all within a minute.

For the first 90 days post-launch, the portal remains flexible, allowing you to swap between FTM and S as you please. After this period, the portal will pivot to only allow FTM to S migration.

Redefining Developer Rewards with Sonic's Fee Monetization

Sonic Labs is pioneering a fresh approach to blockchain development incentives. Where most platforms focus on value extraction, Sonic flips the script by funneling a significant share of network fees directly back to the developers. This shift underscores a commitment to nurturing an ecosystem that values innovation and sustainability above all.

The Fee Monetization (FeeM) initiative at Sonic is groundbreaking. It offers developers up to 90% of the fees generated by their applications, echoing the revenue models of Web2 giants like YouTube, but within a decentralized framework. This means that the more engaging and popular an app is, the more its developers earn, aligning financial rewards with application success.

By integrating established digital revenue tactics with advanced blockchain tech, Sonic equips developers with everything they need to build, scale, and monetize their applications effectively.

Sonic Airdrop: 190.5 Million S Tokens Up for Grabs

Sonic Labs is launching an exciting airdrop, distributing 190.5 million S tokens to both developers and users to foster growth on the Sonic network. The program is split into two parts: Sonic Points and Sonic Gems.

Sonic Points reward users for actions like early adoption, loyalty, holding assets, and actively using Sonic’s apps, encouraging meaningful participation within the ecosystem.

Sonic Gems are aimed at developers, rewarding apps that drive user engagement and innovation. Developers can convert these Gems into S tokens to reward their users, helping to boost app growth and maintain long-term interaction.

Both Sonic Points and Gems will be distributed over multiple seasons, ensuring a consistent and flexible rewards system. The first season is set to conclude around June 2025.

Meet Sonic Gateway: Your Secure, Decentralized Bridge

As blockchain technology advances, the need for reliable and safe bridges between networks has never been greater. Many existing bridges are centralized, making them vulnerable to hacks.

Enter Sonic Labs with Sonic Gateway, a decentralized bridge connecting Ethereum and Sonic. Here’s what makes it stand out:

• Rock-Solid Security: Sonic Gateway is built with your safety in mind. It features a fail-safe that lets you reclaim your funds on Ethereum if the bridge is down for two weeks. This permanent protection ensures your assets are always secure.
• Lightning-Fast Transfers: Bridging happens in scheduled “heartbeats” — every 10 minutes from Ethereum to Sonic and hourly the other way. Need your funds right away? Use the Fast Lane option for instant bridging by paying a small fee.
• True Decentralization: Operated by Sonic’s validator network across both chains, Sonic Gateway eliminates any central point of control. This ensures the bridge remains as decentralized as the Sonic network itself.

How to Bridge Your Assets:

1. Go to the Sonic Gateway website.

2. Connect your Web3 wallet.

3. Select the asset you want to move.

4. Confirm the amount you’ll receive on Sonic.

5. Approve the transaction.

Sonic Labs plans to expand Sonic Gateway to support more blockchains, enabling seamless and secure access to various native assets within the Sonic ecosystem. By keeping custody decentralized, Sonic Gateway avoids the common risks of third-party bridges and centralized solutions.

Sonic Labs's mainnet launch sets a new standard in blockchain. Join the Sonic ecosystem today and help shape the future of DeFi.