The emergence of Sonic and what it means for DeFi: Report

Sonic represents a major technological leap from its predecessor, Fantom, addressing storage and execution speed issues. The mainnet features the native token S, allowing a 1:1 conversion from FTM in a non-inflationary model for the initial six months—enhancing the DeFi landscape.

The Gas Fee Monetization mechanism incentivizes developers by allocating up to 90% of transaction fees. Andre Cronje’s Flying Tulip platform introduces advanced liquidity management, further integrating Sonic into the DeFi ecosystem.

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