Hassan Maishera
On Wednesday, Sonic Labs, previously known as the Fantom Foundation, announced via a blog post that the Sonic mainnet is now live. Sonic is a high-throughput, EVM-compatible layer-1 blockchain platform that offers developers attractive incentives and powerful infrastructure.
With this launch, FTM holders can now upgrade their tokens to S on Sonic on a 1:1 basis using Sonic’s upgrade portal and unlock access to Sonic’s diverse range of apps. Developers, continue reading to learn how to deploy your apps on Sonic and start earning.
Sonic gives developers the tools to build fast, scalable apps with 10,000 transactions per second and sub-second finality. With full EVM compatibility and support for Solidity and Vyper, Sonic works seamlessly with the tools developers already know, like Chainlink, Safe, Pyth, Alchemy, and more. Plus, with features like Fee Monetization.
Fantom is building a programmable platform on a directed acyclic-graph-based distributed ledger. Its FTM coin is down 12% in the last 24 hours and is currently trading at $1.1288.
