Sonic is a new Layer-1 blockchain created by Sonic Labs and renowned developer Andre Cronje. The network emphasizes high speed and developer revenue opportunities.
Sonic Features and Advantages
Sonic's Proof-of-Stake blockchain can handle up to 10,000 transactions per second. With transactions confirmed in less than one second, it is ideal for digital asset trading, gaming, and payments. Additionally, Sonic is Ethereum-compatible through its Gateway bridge, allowing application porting without code changes.
S Token: Supply and Distribution
The total issuance is 3.175 billion S tokens, with 2.88 billion initially in circulation. Some tokens are distributed via an airdrop. Starting in 2025, Sonic will issue 1.5% annually to support network growth.
Support for Developers and Economic Incentives
Sonic offers the Fee Monetization (FeeM) system, with up to 90% of transaction fees being returned to developers. The Sonic Gems program also rewards applications for strong user engagement, encouraging the creation of high-quality products.
Sonic offers significant improvements in transaction speed and economic models for developers, which might drive wider Web3 adoption.
