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Sonic Labs announces a 200M $S token airdrop for early adopters #SonicLabs is launching a 200M $S airdrop with a deflationary mechanism that rewards active users and reduces the total supply, potentially increasing long-term value. Recipients get 25% of their allocated $S tokens upon the airdrop claim, with the remaining 75% vested over 9 months as ERC-1155 tokens. Early claims result in a burn, with higher burns for earlier claims and a decreasing rate over time. Sonic Labs (previously Fantom) is a #Layer1 platform with a secure gateway to #Ethereum . The protocol includes a significant incentive program designed to handle over 10,000 transactions per second. đ blog.soniclabs.com/designing-a-deflationary-airdrop/
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Band Protocol announces an integration with Sonic testnet #BandProtocol integrates with #Sonic testnet as its first push-based oracle, improving the reliability and accuracy of data for dApps on the network. Through this integration, Band Protocol will leverage Sonic's advanced capabilities to provide robust, secure and efficient Oracle solutions, optimizing integration, enhancing reliability and supporting developer innovation. Moreover, Band Protocol ensures that dApps such as Cross-Chain Routers, #DeFi platforms, AMMs and Lending Protocols receive reliable price feeds for assets like DAI, $ETH , $FTM , USDC, USDT and WBTC on the Sonic testnet, with plans to support additional assets as demand increases. đ blog.bandprotocol.com/bandprotocol-sonic-oracle-integration/
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