Hello, Mobee Users!
Starting Thursday, January 16, 2025, the FTM token will officially transition to the Sonic (S) token. This migration process is a major step in the development of a more advanced and faster Sonic blockchain ecosystem.
About Sonic (S)
The Sonic (S) token is the native cryptocurrency of the Sonic blockchain network, replacing FTM at a 1:1 ratio in January 2025. It is used for transaction fees, staking, running validators, and participating in network governance. With a total supply of 3.175 billion tokens, Sonic Labs also allocates incentives for ecosystem development through staking rewards, airdrops, and ongoing funding programs.
As part of the Sonic mainnet, which is compatible with the Solana Virtual Machine (SVM) and Ethereum Virtual Machine (EVM), the network delivers high performance with 10,000 transactions per second and block finality of under one second. This advanced technology aims to attract developers and users, especially in the gaming sector, while supporting Sonic's global adoption as the blockchain of the future.