Sonic Labs, previously known as the Fantom Foundation, announced via X on Tuesday that Snapshot will launch on the Sonic network. Snapshot is a voting platform that allows DAOs, DeFi protocols, NFT communities, and more to vote on proposals easily and without gas fees.
Fantom is building a programmable platform on a directed acyclic-graph-based distributed ledger. Its FTM coin is up 15% in the last 24 hours and is currently trading at $0.6593.