Sonic Labs Unveils Sonic Mainnet with 10,000 TPS and Instant Finality

Sonic Labs Launches the Sonic Mainnet

Sonic Labs has officially announced the launch of its eagerly awaited Sonic mainnet, an Ethereum Virtual Machine (EVM)-compatible framework capable of achieving 10,000 transactions per second (TPS) and offering sub-second finality. Aimed at developers, this groundbreaking platform is set to enhance their experience by providing powerful infrastructure and attractive monetary incentives.

Transforming Developer Incentives

The Sonic mainnet’s innovative Fee Monetization model ensures developers can earn up to 90% of network fees generated by their applications, a paradigm shift from traditional blockchain revenue structures. Sam Harcourt, Business Development Lead, stated, "FeeM addresses the revenue issues faced by developers by integrating rewards directly into the blockchain, ensuring fair revenue sharing from the start."

Seamless Upgrade from Fantom

Transitioning from Fantom's FTM token to Sonic's S token is made effortless through a one-to-one upgrade process facilitated by Sonic Labs. Michael Kong, CEO, highlighted that "the new Sonic chain is not just an upgrade, but a transformative platform for developers and users alike." This upgrade portal will be available for 90 days post-launch for seamless conversions.

Decentralized Interoperability through Sonic Gateway

• Security: Ensures user funds recovery on Ethereum after failures.
• Speed: Efficient asset transfers every 10 minutes.
• Decentralization: Operates independently of centralized control.

With the Sonic Gateway, Sonic Labs aims to set a new standard for secure decentralized interoperability across blockchains.

Sonic Airdrop Programme

To promote growth, Sonic Labs is distributing 190.5 million S tokens through an innovative airdrop program for users and developers. This includes Sonic Points and Sonic Gems, incentivizing both communities to engage actively with the platform.

A Revolutionary Step in Blockchain Development

In conclusion, Sonic Labs is paving the way for a new era in blockchain development with its mainnet. By prioritizing developer rewards and user engagement, Sonic is set to become a hub for innovative DeFi applications.