In this article, I will discuss Sonic, a fee and economic activity monetization blockchain project that aims to help propel the future of DeFi applications.
From their infrastructure to liquidity access, Sonic was built to gives the developers and users the best experience they can earn so as to help sustain and grow the blockchain ecosystem.
What is Sonic ?
Sonic is the fastest EVM Layer 1, earning unmatched speed, incentives, infrastructure, and technologies.
Looking to the future of DeFi applications, Sonic performs with impressive TPS of 10,000 and unmatched sub-second finality.
Monetization of fees through Sonic’s Fee and Ad revenue program Permits the aforementioned fully unrestricted fee monetization enabling developers to earn up to 90 percent of the revenue from their applications.
Developers can now directly monetize app users and interactions without having to share that revenue with their advertisers.
Moreover, the Sonic Gateway provides a secure native bridge to Ethereum, granting developers and users easy access to deeper liquidity. Other assets softlocked in the bridge can never be stolen regardless of what happens.
Here’s an overview table for the Sonic :
| Feature | Details |
|---|---|
| Blockchain Type | EVM Layer 1 |
| Performance | 10,000 TPS and sub-second finality |
| Key Program | Fee Monetization (FeeM) |
| Developer Incentives | Developers earn up to 90% of the fees generated by their apps |
| Liquidity Access | Native bridge to Ethereum |
| Security | Fail-safe mechanism to protect assets |
| Target Use Case | Next-generation DeFi applications |
| Infrastructure | World-class, scalable, and decentralized infrastructure |
Key Features of Sonic Coin
High Performance
Sonic Coin has an EVM Layer 1 Blockchain that operates at a staggering 10,000 transactions per second (TPS) and has a finality time of less than a second so transactions are both fast and efficient.
Fee Monetization (FeeM)
Users can generate profit by making their applications and take home 90% of the revenue made from the application. This enables and encourages increased user engagement and traffic on the application.
Scalable Infrastructure
Sonic Coin maintains a commitment to offering infrastructural support that will enable the next generation of DeFi applications with world class Sonic Coin is able to scale without sacrificing performance.
Secure Liquidity Access
Thanks to the Sonic Gateway, users and developers can access a large liquidity pool through a secure native Ethereum bridge that siphones assets while safeguarding assets through a fail-safe.
Developer-Focused Ecosystem
Sonic Coin brings developers into the fold, creating incentives for them while also providing a smooth onboarding experience into its blockchain for developing dApps which will lead to increased monetization opportunities.
Decentralized
Sonic Coin as a decentralized blockchain provides transparency, secures data and trust, eliminating the need for centralized controlled entities to monitor the activities of their users.
How Safe is Sonic ?
Sonic’s primary focus is on users’ security which is achieved via a native Ethereum bridge that allows access to liquidity with an added unique but effective asset protection system.
Through this advanced infrastructure aims to fend off any potential risks that users, developers, and their assets or transactions might undergo. The decentralized architecture of Sonic strengthens his protection from dangers present in centralized systems.
The above features aid Sonic to ensure the safe creation and usage of decentralized applications (dApps).
Tokenomics
The Sonic token (S) features a progressive economic model that seeks to benefit both developers and users.
The innovative Fee Monetization program enables developers to earn from the revenue their applications drive, allowing them to benefit from up to 90% of the monetize fee which creates a prosperous cycle of development and revenue generation.
A strategic airdrop campaign set to increase the network utilization and growth will allocate 190,500,000 S tokens.
The airdrop is offered to users in such a way that tokens are distributed in 9-months vested cliffs, where users receive 25% of there tokens immediately and subsequently unlock the remaining 75% of their tokens after 9 months.
Users can choose to access their tokens before the cliff through a withdrawal mechanism, however, early access does incur a proportional fee.
A portion of the fee is burned to sustain scarcity and increase the value of the token, by permanently removing a portion of transaction fees from circulation.
By aligning the needs of the developers, the users and the token holders, these economic measures enable the ecosystem to achieve strong organic growth in the long term.
Sonic vs. Competitors
| Feature | Sonic | ARM | COX |
|---|---|---|---|
| High Performance (10,000 TPS) | ✔️ | ❌ | ✔️ |
| Sub-Second Finality | ✔️ | ❌ | ❌ |
| Fee Monetization Program | ✔️ | ❌ | ✔️ |
| Developer Revenue (Up to 90%) | ✔️ | ❌ | ✔️ |
| Ethereum Bridge | ✔️ | ✔️ | ❌ |
| Fail-Safe Mechanism | ✔️ | ❌ | ✔️ |
| Scalable Infrastructure | ✔️ | ✔️ | ✔️ |
| Decentralized | ✔️ | ✔️ | ✔️ |
Where Sonic Token Available
| Platform | Trading Pairs | Supported Features | Website Link |
|---|---|---|---|
| Binance | SONIC/USDT, SONIC/BTC | High liquidity, fast transactions, security | binance.com |
| KuCoin | SONIC/USDT, SONIC/ETH | Advanced trading tools, staking options, and security | kucoin.com |
| Gate.io | SONIC/USDT, SONIC/BTC | Margin trading, futures, and advanced charting features | gate.io |
| PancakeSwap | SONIC/BNB, SONIC/USDT | Decentralized trading, liquidity pools, staking | pancakeswap.finance |
| Uniswap | SONIC/ETH, SONIC/USDT | Decentralized exchange, liquidity pools, and security | uniswap.org |
| SonicSwap | SONIC/ETH, SONIC/USDT | Sonic-focused DEX, high-speed trading, low fees | sonicswap.io |
Roadmap
Sonic’s marketing approach is bold and tackles multiple initiatives to strengthen its demand in the blockchain industry.
These initiatives include facilitating the launch of the Fee Monetization initiative, deploying the Sonic Gateway, and orchestrating an extensive airdrop promotion.
Sonic is strengthening its development ecosystem by partnering with industry giants, such as Chainlink, Pyth, Dune, Alchemy, and Safe.
The community program “Sonic & Sodas” will add more by sponsoring events to enable developers from different countries to network with one another.
These initiatives in their totality seek to create an inviting environment for developers, users, and collaborators enabling users to benefit from the ecosystem and achieving growth in a sustainable manner.
Final Thoughts
Sonic is a novel blockchain created to support the rapidly changing DeFi (Decentralized Finance) applications, merging high performance with scalability and security.
Sonic leads the blockchain arena with an incredible 10,000 TPS and subsecond finality.
Developers also stand to benefit from the Fee Monetization (FeeM) program which allows them to earn revenue directly from user interaction.
For both developers and users, Sonic provides reliable and easy-to-use solutions with secure liquidity access via the Sonic Gateway and Ethereum bridge.
All in all, Sonic’s performance incentives and security features position it as one of the key players in the blockchain and Defi space.
