Sonic Labs (Fantom) ($S) is a layer-1 platform with a safe gateway to Ethereum, providing the quickest settlement layer for digital property with over 10,000 TPS and one-second transaction confirmations, supported by an enormous incentive program. They’ve an upcoming potential airdrop marketing campaign generally known as the Sonic Gems and Sonic Increase bounty program. Right here is our Sonic Labs (Fantom) ($S) token airdrop information.
Try our step-by-step information!
What’s Sonic Labs (Fantom)($S)?
Sonic Labs is a rebranded entity from the previous Fantom Basis, accountable for driving development amongst functions, partnerships, and customers. It oversees the Sonic chain, a brand new layer-1 platform providing a safe gateway to Ethereum, with over 10,000 TPS and one-second transaction confirmations. The Sonic ecosystem helps an enormous incentive program and options the native S token, which simplifies staking and introduces varied incentive applications.
What’s the Sonic Labs (Fandom) ($S) token?
Sonic Labs (Fantom) ($S) can have a local token generally known as $S. Listed here are its fundamental options:
- Native Token: The S token is the native token for the Sonic community, used for varied roles together with staking and transaction charges.
- Staking Rewards: Validators can earn block rewards and transaction charges by staking S tokens. The reward price reaches 3.5% when 50% of the community is staked.
- Provide and Conversion: At launch, 3.175 billion S tokens will likely be out there, matching the availability of FTM tokens, which might be transformed at a 1:1 ratio.
- Inflation Management: Further tokens will likely be minted for particular applications, however unused tokens will likely be burned to forestall inflation.
Moreover, their Documentation states that they may mint 6% of the three.175 billion $S tokens 6 months after Sonic launches. These tokens will likely be solely used for applications inside the airdrop marketing campaign and can reward each Opera and Sonic customers and builders.
The best way to get the Sonic Labs (Fantom) ($S) token airdrop?
Right here’s a information on learn how to get the potential Sonic Labs (Fantom) ($S) token airdrop
- Turn out to be a developer for Sonic Labs
If in case you have the required technical abilities, you possibly can contemplate becoming a member of Sonic Labs’ Developer’s Path If you happen to’re a developer, Sonic Increase gives as much as 30 successful tasks an opportunity to safe airdrops. Tasks will distribute these airdrops as rewards for utilizing their functions. You possibly can apply to Sonic Increase and compete for these slots. This system launched on August twentieth, with a submission deadline of 1st November 2024. On 4th November 2024, the winners will likely be introduced.
- Full Highway to Sonic Galxe Quest
The Highway to Sonic Galxe Quest consists of 6 collection of various duties resembling bridging, buying and selling or swapping property, in addition to social duties. Observe that you should full the duties by finish of October 2024.
- Full Highway to Sonic Galxe Quest: Sequence 1
Sequence 1 of the Highway to Sonic Galxe Quest requires customers to make use of the Wormhole portal bridge to bridge a minimal of fifty USDC from Ethereum to Fantom. Observe that this requires Fantom tokens ($FTM) for transaction charges.
- Full Highway to Sonic Galxe Quest: Sequence 2
Sequence 2 of the Highway to Sonic Galxe Quest includes perpetual buying and selling on the Lynx platform. Carry out the required trades and hold observe of your progress. As earlier than, you’ll want Fantom ($FTM) tokens for transaction charges.
- Full Highway to Sonic Galxe Quest: Sequence 3
For collection 3 of the Highway to Sonic Galxe Quest, lend (deposit) at lesat 20 FTM on Polter Finance. Additionally commerce 30 FTM on the Degen Specific platform. Additionally, you will want to carry 200 $sFTMx, to get $sFTMx, stake FTM or swap tokens on beets.fi.
- Full Highway to Sonic Galxe Quest: Sequence 4
For collection 4 of the Highway to Sonic Galxe Quest, swap not less than US$20 value of property on Spooky Swap v3. Purchase any merchandise from the in-game store in Estfor Kingdom, and add not less than US$100 value of property in 1 transaction on the USDC.e/sFTMx pool. Lastly, full the opposite social duties. Â
