News list for "Soniclabs"
SonicLabs (formerly Fantom) co-founder Andre Cronje said that for all L2 or application chains, the real cost of running a blockchain (even if semi-successful) is: oracle, stablecoin upfront fee is $7.50 million, $3.50 million per year; RPC, index, Dashboards upfront fee is $200,000, $700,000 per year; VRF, Keepers, wallet support, governance $500,000 per year; Explorers, escrow, risk management $800,000 per year...
SonicLabs (formerly Fantom) selected LayerZero to provide interoperability for Sonic.
On August 21st, according to the SonicLabs (formerly Fantom) team blog, Sonic Labs has launched a new bounty program called "Sonic Boom", which aims to promote the development of key applications in the fields of exchanges, lending, instruments, payments, stablecoins, earnings, games, and NFTs. The program lasts for nearly 13 weeks and will end on November 4th. It will reward up to 30 winning projects according to carefully formulated criteria, with SonicGems as a reward. Sonic Gems are points, ...
Fantom announced on X that it has changed its name to Sonic Labs. SonicLabs plans to gain support by introducing a massive incentive program, and Sonic will use S tokens. This new token will enter the ecosystem through massive airdrops, simplified staking, incentive programs, and more. Although the transition from Fantom to SonicLabs is complete, the launch of Sonic will not wait until the 4th quarter. According to the description provided on the SonicLabs launch page, Sonic is a Layer-1 platfor...
