Sonic (S): FTM Replacement with Advanced Blockchain Technology

Sonic (S) is the native token of the Sonic blockchain ecosystem launched to replace FTM from the Fantom network at a 1:1 ratio. This token comes with various functions and advantages aimed at supporting the development of blockchain technology and strengthening the adoption of decentralized applications (dApps) within the Sonic ecosystem.

What is Sonic (S)?

The Sonic (S) token is designed as the center of the Sonic ecosystem, a high-performance blockchain capable of handling up to 10,000 transactions per second with block finalization in less than one second. This technology is compatible with Solana Virtual Machine (SVM) and Ethereum Virtual Machine (EVM), making it an attractive choice for developers and users of blockchain-based applications.

Main Functions of Sonic (S)

The Sonic Token has various roles in the ecosystem, including:

Paying Transaction Fees: Used to pay gas fees on the Sonic network.
Staking: Token holders can stake through the MySonic platform to earn rewards.
Network Validation: Validators receive rewards from blocks and transactions.
Governance: Gives voting rights to token holders to determine the direction of ecosystem development.

Sonic (S) Tokenomics

At launch, the total supply of S is 3.175 billion, equivalent to the FTM supply. Here are some interesting features of Sonic's tokenomics:

1. Airdrop

6% of the total supply will be allocated for the airdrop program. This program is designed to encourage active participation and reduce the total supply through a burn mechanism.

2. Ongoing Funding

Each year, 1.5% (47.625 million tokens) will be minted for the first six years to support ecosystem development. Unused tokens during this period will be burned to prevent inflation.

3. Block Rewards

During the first four years, block rewards will be allocated from the remaining FTM supply on the Opera network. After this period, Sonic will mint new tokens at an inflation rate of 1.75% per year to reward validators.

4. Burn Mechanism

Sonic implements three burn mechanisms to reduce token emissions:

Fee Monetization Burn: 50% of transaction fees are burned if not through a FeeM application.
Airdrop Burn: Tokens not fully claimed within a certain period will be burned.
Funding Burn: Tokens not used for annual funding will be burned.

Staking and Rewards

Sonic offers staking opportunities for S token holders through the MySonic platform, with a 14-day withdrawal period. Stakers can choose trusted validators to ensure the security and smooth running of their staking.

In addition to staking rewards, users can also earn rewards from validators for keeping the network secure. Validator rewards are expected to reach 3.5% APR when 50% of S tokens are staked, but the reward rate can fluctuate depending on the number of tokens staked.

Burn Mechanism for Inflation Control

To prevent inflation, Sonic implements several token-burning mechanisms, including burning transaction fees not followed by applications participating in the Fee Monetization (FeeM) program. In addition, tokens not used in the ongoing funding program each year will be burned, ensuring that all tokens minted for this purpose will be used directly to accelerate network adoption and growth.

Sonic's Advantages Compared to Other Networks

Sonic comes with various advantages that make it an attractive choice, especially in the gaming and decentralized application sectors:

High Transaction Speed: Supports 10,000 transactions per second with instant finalization.
Low Transaction Fees: Provides cost efficiency for developers and users.
SVM and EVM Compatibility: Simplifies application migration from other blockchain ecosystems.
Integrated Ecosystem: Facilitates community development through the Ecosystem Vault and Sonic Community Council.

Sonic's Growth and Future

Sonic replaces FTM and aims to become the blockchain of choice for dApp developers, especially in the growing gaming sector. Sonic offers attractive incentives for developers through the Fee Monetization program, which allows them to earn up to 90% of the fees generated by their applications. With a strong infrastructure and developer support, Sonic strives to expand its reach globally.

How to Buy Sonic (S) on Mobee

Follow these steps to buy Sonic (S) through the Mobee application:

Registration and Verification: Register and complete the account verification process (KYC) first.
Deposit Funds: After verification, deposit funds into your Mobee wallet to facilitate purchases.
Open the Trade Menu: Access the Trade menu at the bottom of the application.
Select Sonic (S): Find Sonic (S) in the asset list or search using the keyword “Sonic (S)”.
Select Trading Pair: Choose a trading pair like Sonic (S)/USDC.
Transaction Method: Determine the transaction method:some text
- Market Order: For the current market price.
- Limit Order: For a price you set yourself.
Enter Amount: Enter the amount of Sonic (S) you want to buy and check the transaction information.
Confirmation: Click “Confirm” to process the purchase.

After the successful transaction, you can find your Sonic (S) assets in the Wallet section.

Sonic (S) brings great innovation to the blockchain world with advanced technology and various incentives offered to developers and users. With various mechanisms to support growth, maintain value, and reduce inflation, Sonic has the potential to become a very important blockchain for future DeFi and dApps adoption.

Sources:

S Token. Accessed in 2025. Sonic Labs.

Sonic (prev. FTM). Accessed in 2025. CoinGecko.

Image Source:

Sonic Labs X (Twitter).

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Disclaimer:

This content is intended to provide additional information to readers. Always do your own research before making any investments. All buying, selling, and investment activities in crypto assets are entirely the responsibility of the reader.