Sonic is Fantom’s new amazing platform to revolutionize decentralized finance (DeFi). With its unparalleled transaction speeds, groundbreaking Ethereum Virtual Machine (EVM), and improved developer incentives. Sonic seeks to go beyond the tech constraints of today’s blockchain platforms. Besides a stronger innovation ecosystem, it promises faster finalization times and increased scalability. Sonic’s features are highly compelling with a native Ethereum bridge and auto optimization of yield farming strategies. This combination renders it an alluring one-stop-shop for users and developers seeking a deeper DeFi experience.

Sonic's Technical Innovations

At the heart of Sonic is SonicVM, a new kind of virtual machine. It’s meant to escape the shackles of the Ethereum Virtual Machine (EVM). SonicVM, built from the ground up to optimize transaction processing and smart contract execution, ushers in a new paradigm of efficiency and scalability.

At one end of the range, Sonic provides exceptional performance with the ability to scale beyond 10,000 TPS. It guarantees less than two-second finalization times. These improvements are intended to address the chronic problems of network congestion. They increase the transaction confirmation time, which currently plagues and cripples many of today’s blockchain platforms. This speed is very important for DeFi applications that need fast and trustless transaction processing.

The platform’s advanced Automated Market Maker (AMM) is inspired by Curve V2. This AMM design allows for faster and more frequent updates. It further reduces capital requirements, enhancing the efficiency of trading on the platform and of liquidity provision.

Bridging to Ethereum and Expanding DeFi Capabilities

Sonic connects to Ethereum through a native bridge called Sonic Gateway. This gateway allows fast and secure asset transfer between Sonic and Ethereum. This improves interoperability, enabling developers to leverage the best of both ecosystems. Transactions run through the Sonic Gateway are settled on Ethereum, which provides optimal security and trust.

The integration with the stablecoin sUSD is another foundational aspect of the Sonic platform. sUSD is closing in on a goal of $1 billion in capitalization. This integration provides a robust and liquid asset for all DeFi activities within the Sonic ecosystem.

Sonic provides sophisticated yield farming strategies and a capital efficient class of loans with 10x leverage. These features enable users to optimize for higher yield and engage in more complex DeFi strategies.

Incentivizing Developers through Fee Monetization (FeeM)

Sonic takes a radically different approach by introducing an incentive system based on Fee Monetization (FeeM). FeeM provides a unique incentive for developers, allowing them to receive up to 90% of transaction fees accrued by their deployed dApps. This model incentivizes their retention by attracting talented developers through direct financial incentives. It motivates them to innovate and create the most valuable applications on top of a Sonic platform. By incentivizing developers according to the level of adoption their dApps achieve, Sonic cultivates a dynamic and creative environment.