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! 🚀