Sonic Labs has announced the launch of the Sonic mainnet, a Layer-1 blockchain platform focused on providing developers with superior infrastructure and generous incentives. The Sonic mainnet can handle 10,000 transactions per second (TPS), achieves sub-second finality, and features a built-in decentralized Ethereum access gateway to help developers build on this unparalleled infrastructure and liquidity platform.
Created by the core team behind Fantom, Sonic’s native token S has made significant strides compared to Fantom and FTM. Through a one-to-one upgrade mechanism, existing FTM holders can seamlessly switch to S and begin using Sonic. Sonic focuses on its core role in the DeFi ecosystem, innovating the developer incentive mechanism to provide users with a smooth experience and easy access to liquidity.
Sonic’s Fee Monetization (FeeM) mechanism draws on the advertising revenue model used by platforms like YouTube in the Web2 era, allowing developers to receive up to 90% of the revenue generated by their applications’ network fees. The Sonic mainnet is compatible with Ethereum and serves as a decentralized, trustless bridge between Ethereum and Sonic.
Sonic Labs plans to expand its gateway to other blockchains in the future, providing users with direct, decentralized access to the native assets of multiple blockchains.
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