Sonic Labs (formerly Fantom) announced today that the native token S will be listed on more than 12 CEXs in January, including Binance, OKX and Bybit, supporting automatic exchange between FTM and S, as well as integration with the Sonic network. (Preliminary summary: Sonic Labs (formerly Fantom) announced token economics, how to get 6% of the total airdrop?) (Background supplement: Andre Cronje predicted that the "Sonic Mainnet" will be launched in December, and FTM surged 40%, there are bargains Can it be picked up?) After changing the name of the team, the public chain Fantom development team Sonic Labs (formerly Fantom) devoted most of its efforts to the newly developed Layer 1 blockchain Sonic. On September 6, 2024, the Sonic test network was officially launched, and then the main network was officially launched on December 18 of the same year. Sonic Labs: S token will be listed on more than 12 CEX in January. Today, officials said that Sonic’s native token S will be listed on more than 12 centralized exchanges (CEX) this month, and supports FTM automatic conversion to S, as well as with Sonic network integration. More launch date information will be announced soon. The CEX listed in the picture include: Binance, OKX, Bybit and other first-line exchanges. We're kicking off 2025 with $S on CEXs. Over 12 centralized exchanges will list $S in January for trading as it replaces FTM. Stay tuned for updates on listing dates. pic.twitter.com/7KX43v7m7o — Sonic Labs (@SonicLabs ) January 1, 2025 S Token Economics S Token, as the Gas token and governance token of Sonic network, supports 1:1 exchange with FTM. Now users can exchange it independently through the upgrade channel. According to official token economics, the initial total supply of S tokens is 3.175 billion, and the initial circulating supply is 2.88 billion. The rest of the information you must know is: Airdrop allocation (6%): A total of 190.5 million S tokens will be issued, which is expected to start 6 months after the issuance of S and gradually unlock over the next 9 months. Extended airdrop: 6 months after the token issuance, the network will add 6% of the initial supply to extend the airdrop event, reward users and developers, and control circulation through a 9-month linear burning mechanism. Growth Fund: Also 6 months after the token issuance, 1.5% of the initial supply of tokens (47.625 million S) will be issued every year for six years to fund development, promotion and ecological expansion. The unused portion will be Destroyed annually to ensure effective use. Validator rewards: Four years after the token issuance, the S token will have an annual inflation rate of 1.75% to reward validators. FTM has risen by more than 40% in the past 24 hours. As Sonic continues to develop, $FTM has performed strongly recently. According to CoinGecko data, $FTM surged from a low of $0.6758 last night to a maximum of $0.8218, a cumulative increase of as much as 21.6%. At the time of writing, it was trading at $0.7879, up 17.1% in the past 24 hours. Related reports Fantom launches new L1 network Sonic: $FTM is converted to $S tokens one-to-one, seamlessly connected to Ethereum...can it reverse the decline? HashKey Global and Sonic have reached a Web3 partnership to jointly promote the construction of the Solana game ecosystem. Damn the thief! The godfather of DeFi, AC, is choking: There is a billion-dollar project "stealing Sonic code" for personal gain. "Sonic Labs announced that S will be launched on Binance, OKX...more than 12 exchanges this month, and FTM jumped 22%." This article was originally Published in BlockTempo, the most influential blockchain news media.