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Fantom officially transitions to Sonic

Table of Contents

📚 Everything You Need to Know About Fantom ($FTM) Transitioning to Sonic ($S)

1. TRANSITION TIMELINE

  • January 13, 2025: Most major CEX exchanges , including Binance and OKX , will halt $FTM trading pairs and support a 1:1 conversion to $S.
  • January 16, 2025: $S trading pairs officially launch on CEX platforms.

PART 1: SONIC’S REVIVAL DRIVERS

  • Major rebranding: Establishing a fresh identity in the crypto community.
  • Notable leadership:
    • Andre Cronje
    • Michael Kong
    • Dani Sesta (a familiar figure from Frog Nation)
  • Crypto Twitter (CT) buzz: Prominent accounts like @DefiSquared, @blknoiz06, and @RunnerXBT are discussing Sonic.
  • DeFi resurgence: Expected influx of new projects on Sonic.
  • Token airdrop: 6% of supply distributed over 6 months post-launch.
  • High TPS vision: Sonic aims for 10,000 TPS, offering significant investment potential.

PART 2: SONIC NETWORK TECHNOLOGY & $S TOKEN DETAILS

Sonic Network Technology

  • 10,000 TPS with sub-1-second transaction finality.
  • Fee Monetization Program: Developers earn up to 90% of fees generated by their applications.

Key Features

  • Sonic Gateway: Secure bridge to Ethereum with 10-minute transfer times.
  • Innovator Fund: 200M $S tokens allocated for ecosystem growth and partnerships.
  • Deflationary mechanics: 190.5M $S tokens distributed through airdrops and deflationary measures.
  • EVM compatibility: Enhanced virtual machine performance.
  • Pruning database: Optimized data storage for efficiency.

$S TOKEN INFORMATION

Utility:

  • Transaction fee payments.
  • Staking for network security.
  • Governance voting rights.

Supply Dynamics:

  • Maximum 15% supply growth until 2031.
  • 1.75% annual inflation after 4 years.

PART 3: DAPPS ON SONIC

DEXs

  • Equalizer
  • SpookySwap
  • KyberNetwork
  • MemeboxFi
  • CurveFinance

Lending & Borrowing

  • fMoneyMarkets
  • SiloFinance

Yield Farming

  • VicunaFinance
  • yearnfi
  • PopsicleFinance
  • NapierFinance
  • spectra_finance

Derivatives

  • stryke_xyz

LST

  • beets_fi

Launchpads

  • Meme: degenexpress69
  • AI Agent: yokodotlive
  • NFT: paint_swap

Social Platforms

  • ThunderDomeSo

Sonic ($S) is presenting a major opportunity with cutting-edge technology and a thriving DeFi ecosystem. Don’t miss this transition! 🚀

Sonic

Tags:

Coin Fantom Sonic

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investors should conduct thorough research before making any decisions. We are not responsible for your investment decisions.

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