Sonic S Social Audit & Trust Score
Market Data & Token Stats
| Fully Diluted Valuation | $180.17M |
|---|---|
| 24H Trading Volume | $21.20M |
| 24H Low / High | $0.04356 / $0.04744 |
| Circulating Supply | 3.78B |
| Total Supply | 3.89B |
| Max Supply | ∞ |
Key Project Information
| Categories | Smart Contract Platform 3 more |
|---|---|
| Founder | Ahn Byung Ik 1 more |
| Website | soniclabs.com Whitepaper 1 more |
| Socials | 2 more |
| Explorer | Sonicscan 1 more |
OGAudit Security Evaluation & Social Audit Metrics
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Sonic (s) Expert User Reviews
Is Sonic safe or a scam? Read verified Crypto OG reviews about Sonic
$s Markets
| Name | Pair | OG Score |
|---|
About Sonic
Sonic $S is a next-generation layer-1 (L1) blockchain platform designed to overcome existing challenges in blockchain scalability, efficiency and developer incentives. Offering an unprecedented throughput of 10,000 transactions per second (TPS) with sub-second finality, Sonic $S caters to developers and users alike by fostering a seamless on-chain experience. The platform introduces a secure bridge to Ethereum, known as the Sonic Gateway, enabling robust interoperability while maintaining security.
Coming from the creators of the Fantom Opera network, Sonic $S inherits a proven track record of 99.9% uptime and reimagines blockchain technology to drive real-world adoption and productive consumer-facing applications. Sonic $S provides a solution to the growing imbalance in blockchain ecosystems where centralized sequencer fees overshadow developers' earnings. By addressing this, Sonic $S makes developers a priority with its revolutionary Fee Monetization (FeeM) model.
Key Features
Fee Monetization (FeeM): Developers can earn up to 90% of their applications' transaction fees, incentivizing high-quality app development and creating a sustainable revenue model for builders.
Sonic Gateway: A secure, native bridge enabling ERC-20 token transfers between Ethereum and Sonic $S with safety mechanisms to mitigate bridge-related risks.
Dynamic Fee Functionality: Developers can customize gas costs, facilitating a creator-driven economy.
Sub-Second Finality: True transaction finality achieved within one block, eliminating long wait times and unnecessary challenges associated with rollups.
Innovator Fund: Up to 200,000,000 S tokens allocated to acquire key infrastructure and strategic partnerships for long-term growth.
With these advancements, Sonic $S sets a new industry standard, blending the advantages of L1 and L2 models to provide scalability, decentralization and speed.
Use Cases
Developer Empowerment: Sonic $S gives developers unparalleled control over transaction fee pricing, with options to subsidize or dynamically adjust fees to improve user experience while maintaining profitability.
Interoperability: The Sonic Gateway enables seamless connectivity to Ethereum's liquidity, creating new opportunities for decentralized finance (DeFi) and broader blockchain adoption.
Consumer-Facing Applications: With 10,000 TPS and sub-second finality, Sonic $S is positioned as a foundation for efficient and secure applications in industries like DeFi, gaming and AI.
Staking and Governance: Sonic $S employs an innovative staking mechanism to support liquid staking tokens (LSTs) and a governance model that fuels ecosystem growth.
Founders, Backers and Partners
Sonic $S is built by the same team behind Fantom Opera, a network that achieved $14 billion in total value locked (TVL) at its peak. The transition from Fantom to Sonic $S is supported through a 1:1 token swap, ensuring continuity and trust for its existing community.
To bolster its ecosystem, Sonic $S has partnered with top-tier infrastructure providers and projects, including:
Chainlink
Pyth
Dune
Alchemy
Safe
Redstone
Tenderly
Additionally, Sonic $S is backed by an Innovator Fund and airdrop campaigns to incentivize early adoption and bootstrap network activity.
Conclusion
Sonic $S emerges as a game-changing blockchain platform, redefining the developer incentive model while delivering unmatched scalability, speed and security. With its Fee Monetization program, Sonic $S empowers developers to create profitable businesses while driving mass adoption of blockchain technology. Combined with strategic partnerships and advanced features like the Sonic Gateway, Sonic $S is well-positioned to disrupt the blockchain landscape and lead the industry into a decentralized future.
What is unique about Sonic (S)?
Sonic $S offers developers up to 90% of transaction fees, sub-second finality and a secure Ethereum bridge.
Who are the founders of Sonic (S)?
The founders are anonymous.
Who are the backers/investors of Sonic (S)?
Sonic $S partners include Chainlink, Pyth, Dune, Alchemy and Safe, among others.
Where can I buy Sonic (S)?
Binance, Bybit, CoinbaseOKXGate.io
Information in this section carefully collected and curated from publicly available data from official sources, including the Sonic Official Website, Sonic Whitepaper and Sonic X (Twitter) Account.
The information presented on this page is created and published by the OGAudit Editorial Team for educational and informational purposes. It should NOT be construed as an endorsement, or as legal, or investment advice. If you believe any content on this page is outdated or incorrect, please feel free to contact us for updates and corrections.
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