Sonic Labs has recently unveiled the Sonic mainnet, a layer-1 blockchain platform compatible with EVM. Offering developers enticing incentives and robust infrastructure, Sonic boasts 10,000 TPS, sub-second finality, and a decentralized gateway to Ethereum. The platform enables developers to create cutting-edge applications on unparalleled infrastructure and liquidity. Developed by the team behind Fantom, Sonic and its S token represent a significant advancement from Fantom and FTM. Through a seamless upgrade process from FTM to S, existing holders can transition to Sonic effortlessly. Sonic prioritizes developer incentives by rewarding them with up to 90% of network fees through Fee Monetization (FeeM). This model ensures developers are included from the start, unlike other chains that focus on value extraction. The Sonic Gateway provides secure, decentralized interoperability between Ethereum and Sonic, with plans to expand to other blockchains in the future. Sonic Labs is also conducting an airdrop program to distribute S tokens and encourage network growth. Read more AI-generated news on: https://app.chaingpt.org/news