Sonic Blockchain, created by Sonic Labs, is an innovative platform aiming to enhance transaction speed and support developers.
Key Features of Sonic
Sonic uses a Proof-of-Stake consensus mechanism, enabling it to handle up to 10,000 transactions per second with sub-second confirmation, far surpassing many competitors. Sonic is compatible with Ethereum through its Gateway Bridge and offers a unique fee monetization system, redirecting up to 90% of fees back to developers.
S Tokens: Supply and Distribution
The total supply of S tokens is 3.175 billion, with 2.88 billion already in circulation. Sonic's initial community was formed through a 1:1 token swap from FTM. An airdrop program and the creation of new tokens for growth will begin in June 2025.
Developer Support and Sonic Gems Program
Besides fee monetization, Sonic offers the Sonic Gems Program, rewarding applications based on user engagement, fostering better and more accessible apps.
Sonic represents a significant advancement in blockchain platform design, focusing on speed, Ethereum compatibility, and developer-friendly incentives, which may drive broader adoption and interest in Web3 technologies.
