⛓️ What is the S token? Sonic layer-1 blockchain platform
💥 Sonic is a layer-1 blockchain platform compatible with the Ethereum Virtual Machine (EVM). The project is designed to support developers in building the next generation of decentralized applications (dApps). The system has the capability to process over 10,000 transactions per second (TPS) and confirmation times of under 1 second. As a result, Sonic offers superior speed and scalability.
⚡️ The platform supports a robust ecosystem with a program to earn money from transaction fees. This allows developers to earn up to 90% of the fees from their applications, optimizing their revenue. Sonic provides a secure gateway called Sonic Gateway. The gateway allows for fast and secure asset transfers between the Ethereum network and Sonic.
🚧 With its flexible structure and high scalability, Sonic promises to become the leading blockchain platform for decentralized applications in the future. The platform will launch its mainnet on December 18th and announce the listing of the S token on Binance at 3 PM on January 16, 2025.
⏰ The project will temporarily suspend deposits/withdrawals of FTM and begin auto-upgrading from FTM to S token at 10:30 AM on January 13, 2025. The opening time for depositing S token is 2 PM on January 16, 2025.
