Sonic is a new Layer-1 blockchain created by Sonic Labs, notable for its high transaction processing speed and original monetization model for developers.
Transaction Speed and Confirmation Time
Thanks to its Proof-of-Stake consensus mechanism, Sonic can handle up to 10,000 transactions per second, completing transactions in under one second. This makes Sonic particularly beneficial for trading digital assets, running games, processing payments, and supporting applications with many users.
Distinct Developer Advantages
Sonic offers a unique Fee Monetization system, where up to 90% of transaction fees are returned to app developers. This enables creators to earn revenue without constantly seeking investments. Additionally, the Sonic Gems program encourages development based on user engagement metrics.
S Token: Supply and Purpose
The S token serves multiple functions within the Sonic network. The initial supply was set at 3.175 billion tokens, with 2.88 billion in circulation at launch. A gradual distribution of tokens is planned for active users, with new tokens being created to support network growth.
Sonic represents a technical evolution in blockchain with its high performance, Ethereum compatibility, and strong economic incentives. Its monetization system and developer support can attract many talents, aiding in the spread of Web3 technologies.
