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Sonic Mainnet Goes Live: 190.5M Tokens Airdropped, EVM Supported

Sonic's 190.5M token airdrop and EVM compatibility set the stage for DeFi innovation

3 minDecember 18, 2024

Highlights:

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Sonic mainnet launches with 190.5M token airdrop, supporting EVM and scalable DeFi apps.

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FTM holders can swap tokens for S tokens through a dedicated portal.

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Sonic incentivizes developers with transaction fee rewards and an innovator fund.

Sonic Mainnet Goes Live: 190.5M Tokens Airdropped, EVM Supported

Sonic Labs has officially launched the Sonic mainnet, introducing a high-speed blockchain compatible with the Ethereum Virtual Machine (EVM). FTM token holders can now swap their tokens for Sonic’s S tokens through a dedicated portal. 

 

Sonic Network: Transforming DeFi Development

 

 

Sonic can handle 10,000 transactions per second, with near-instant finality. The platform offers a smooth experience across different blockchains and acts as a bridge to Ethereum. 

 

Ethereum now boasts $76 billion in total value locked (TVL), and Sonic plans to connect developers with this ecosystem. Developers can use Solidity and Vyper to build secure, multi-chain apps, boosting DeFi innovation.

 

By enhancing scalability without compromising security, Sonic empowers developers to create efficient decentralized apps (dApps). This improvement opens new doors for developers aiming to scale their projects. 

 

190.5M S Tokens Airdropped and Developer Rewards

 

Sonic Labs is airdropping 190.5 million S tokens to reward users and encourage adoption. The airdrop starts with 25% of tokens available on the first day, with the remaining 75% vested over 270 days. 

 

For developers, Sonic offers up to 90% of transaction fees generated by their apps. An innovator fund will distribute up to 200 million S tokens to further boost adoption. 

 

With its EVM compatibility and high throughput, Sonic is positioning itself as a leader in the next generation of decentralized finance. The mainnet launch marks the beginning of a promising journey for Sonic Labs and the DeFi community.

 

 

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