Sonic is a new blockchain platform developed by Sonic Labs, focusing on speed and developer support, offering up to 10,000 transactions per second.
Key Features of the Sonic Blockchain
Sonic's main features include its high transaction speed and Ethereum compatibility. The platform can confirm transactions in less than one second, making it useful for rapid digital asset exchanges, gaming, and payment processing. Additionally, Sonic uses the Gateway bridge for integration with Ethereum, allowing users to easily move their tokens between networks. The innovative Fee Monetization system returns up to 90% of transaction fees to application developers.
S Token: Supply and Distribution
The S token is used on the Sonic network for various functions like growth incentives and developer support. The total number of tokens started at 3.175 billion, with most already in circulation after a 1:1 swap with FTM. In June 2025, new tokens will be issued to fund network initiatives, including development and marketing support, with a burning mechanism to control supply.
Supporting Developers and the Sonic Gems Program
The Sonic Gems program incentivizes developers by rewarding them with S tokens for high usage metrics of their applications. This allows new projects to grow without needing constant investment. For users, this may lead to more free apps and fewer subscription fees.
The Sonic blockchain offers revolutionary solutions for developers, creating a sustainable economic model and providing high transaction speed. Its approach to monetization and developer incentives could attract new talent and help the platform establish itself in the market.