Sonic has rolled out its mainnet, featuring cutting-edge blockchain attributes and an airdrop of 200 million S tokens.

Layer 1 blockchain compatible with the Ethereum Virtual Machine (EVM), Sonic has announced the launch of its mainnet, which provides a robust infrastructure and appealing incentives for developers.

By processing transactions at a rate of 10,000 TPS and ensuring near-instant finality, along with its native decentralized Ethereum gateway, Sonic intends to empower developers in crafting the next wave of innovative applications while providing users with a smooth and efficient blockchain journey.

FTM token holders can now seamlessly upgrade their tokens to S on Sonic’s platform at a 1:1 ratio via the upgrade portal, which also unlocks access to Sonic's extensive range of apps. Developers are encouraged to follow specific guidelines to deploy their applications on Sonic and start earning rewards.

To carry out the upgrade, FTM holders must connect their Web3 wallets to MySonic, select how much FTM they wish to convert, confirm the quantity of S tokens they will receive, click 'Upgrade,' and validate the transaction. Shortly thereafter, the upgraded S tokens will be credited to their accounts, providing entry to the entire ecosystem. For the initial 90 days post-mainnet launch, users can interchangeably swap FTM and S via this portal. After this timeframe, transfers will exclusively convert FTM to S.

As part of its launch strategy, Sonic unveils MySonic, an all-encompassing portal that facilitates FTM to S upgrades, application exploration, staking options, and governance functionalities.

Moreover, Sonic has introduced the Sonic Gateway, a decentralized bridge that simplifies token transfers between Ethereum and Sonic. The bridging journey consists of three essential stages: depositing assets into the bridge (which can take between 10 to 15 minutes on Ethereum and around 1 second on Sonic), waiting for deposit confirmation, and then bridging the assets during the upcoming 'heartbeat' cycle. These cycles happen roughly every 10 minutes for Ethereum to Sonic and hourly for transfers in the opposite direction, ensuring efficient and cost-effective transactions. Users may select to pay a Fast Lane fee for instantaneous asset movement.

The Gateway maintains decentralization and security through an embedded fail-safe mechanism. Should the Gateway cease to transmit heartbeats for a continuous two-week period, the bridged assets will be automatically unlocked on Ethereum. This fail-safe provides assurance that users will always be able to reclaim ownership of their assets in the unlikely event of a Gateway malfunction. Additionally, Sonic's validator network, functioning across both Sonic and Ethereum, upholds the Gateway’s decentralized nature, shielding it from any centralized control.

Sonic has announced a substantial airdrop of 200 million S tokens, complemented by the introduction of Sonic Points to enhance user engagement.

Coinciding with the mainnet launch, Sonic has rolled out a 200 million S token airdrop, establishing Sonic Points as a means to reward user interaction with the platform and its applications on the blockchain.

Sonic Points aim to incentivize genuine user engagement, rewarding activities like early participation, sustained loyalty, asset ownership, and active participation in various applications within the platform. Users can accumulate Sonic Points by bridging endorsed assets to Sonic or by effectively utilizing them within the ecosystem through authorized applications. This initiative seeks to build a vibrant and engaged community on the Sonic network.