Sonic

What is Sonic?

Sonic is a high-performance, Ethereum Virtual Machine (EVM)-compatible Layer-1 blockchain, reimagined from the Fantom network to deliver ultra-fast transaction speeds, robust scalability, and developer-centric incentives. Engineered for decentralized finance (DeFi), gaming, and real-time applications, Sonic processes over 10,000 transactions per second (TPS) with sub-second finality.

Key Features

• High Throughput and Low Latency: Sonic achieves over 10,000 TPS with transaction finality in under one second, ensuring rapid and reliable dApp performance.
• EVM Compatibility: Developers can deploy existing Ethereum smart contracts without modifications, using Solidity and Vyper tools.
• Developer Incentives: Through Fee Monetization, developers can earn up to 90% of the transaction fees generated by their applications.
• Sonic Gateway: A native bridge that enables fast and secure asset transfers between Sonic and Ethereum networks.

Native Token: S

S is the native utility token of the Sonic network. It is used for:

• Transaction Fees: Paying for network operations and dApp interactions.
• Staking: Securing the network and earning staking rewards.
• Governance: Participating in decisions shaping the network’s future.
• Validator Operations: Required for operating validator nodes within the network.

Integration with Cryptoworth

Sonic integrates with Cryptoworth to bring financial clarity to your accounting workflows. Cryptoworth users can easily track, categorize, and report S token transactions, ensuring accuracy and compliance with accounting standards.

Getting Started

1. Install a Sonic-compatible wallet like Rabby Wallet.
2. Upgrade FTM tokens 1:1 into S tokens using Sonic’s upgrade portal.
3. Bridge assets between Ethereum and Sonic using Sonic Gateway.
4. Stake S tokens to secure the network and participate in governance.
5. Connect your wallet to Cryptoworth to manage and track your S token activities.

For more information, visit the Sonic Labs website.