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Sonic Labs Profile picture
@SonicLabs
Jun 3 • 1 tweets • 1 min read • Read on X
🇺🇸 You're in.

U.S. residents are now eligible for the ~200M $S airdrop!

A milestone moment as our airdrop becomes one of the first to reach the U.S. legally and expands access to $S. Image

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More from @SonicLabs

Sonic Labs Profile picture
Dec 10, 2024
In blockchain, moving assets between chains can be complex and risky.

That’s why we built the Sonic Gateway, a secure and decentralized bridge between Ethereum and Sonic.

🧵 And with its Fast Lane, you’ll never miss a DeFi opportunity again. Image
Assets bridged through the Gateway are processed in intervals called heartbeats:

⚡ Ethereum to Sonic: 10 min
⏱️ Sonic to Ethereum: 1 hour

During each heartbeat, all queued assets are bridged over together.

Heartbeats ensure gas efficiency, but sometimes, you just can't wait.
⚡ Enter Fast Lane.

For a small fee, you can process your Gateway transaction instantly, skipping the usual waiting time between heartbeats.

No delays, no missed opportunities. The best part? Fast Lane doesn’t just help you.
Read 4 tweets
Sonic Labs Profile picture
Jul 25, 2024
💸 Announcing @OpenBlockLabs as one of our key partners for our airdrop on Sonic with 190,500,000 $S across multiple phases!

OpenBlock will manage and oversee our points and airdrop designs on #Sonic through data-backed decision-making.

Learn more about them 👇 Image
OpenBlock is an incentive operating system that helps protocols create, model, and track incentive campaigns.

💰 It powers over $2 billion in annual spending and has been a leading provider of rewards design and efficacy analysis for Eigen Layer, Arbitrum, Solana, and more.
Most importantly, OpenBlock will provide our airdrop with anti-Sybil protection using:

🔍 Exploitative behavior detection
🚫 Wash trading detection
📝 Volume profiling

With these methods, we'll ensure the most equitable airdrop distribution for everyone on Opera and #Sonic.
Read 4 tweets
Sonic Labs Profile picture
Jan 4, 2023
📢 Fantom’s latest governance proposal has passed, bringing gas monetization to successful dApps!

Along with optimizing demand for block space, this implementation rewards quality creators on #Fantom in a sustainable way, using a methodology similar to affiliate incentives.

🧵
2/ In addition, gas monetization will benefit #Fantom's ecosystem of builders by introducing a new revenue source: monetizing the volume of transactions generated by their dApps.

This serves the goal of attracting quality developer talent to ensure a healthy, sustainable network
3/

dApp gas monetization takes the framework of a revenue model that already works in Web2 (ad monetization) and adjusts it to incentivize developers building on the Fantom network. It is a powerful tool to attract and retain high-performing dApps.
Read 7 tweets
Sonic Labs Profile picture
Mar 6, 2022
We're extremely grateful to Andre for all he did for crypto as a whole.

However, Fantom isn't and never was a one man team.

There are 40+ people working at Fantom.
The team effort is what allowed Fantom to become one of the most utilized and loved decentralized networks in world.

Hundreds of developers build on Fantom daily and 100k+ unique address use Fantom every day.

Contrary to some popular belief, Andre wasn't a core dev at Fantom.
The teams working on consensus and more recently middleware have been doing so for years, and the team continues to grow.

He was a big picture guy, working closely with CEO @michaelfkong laying the groundwork especially during the tough times of 2018.
Read 4 tweets
Sonic Labs Profile picture
Jan 26, 2021
Is Fantom a DAG or a blockchain?

A thread:

"Two nomenclatures to first clear up;

1. Blockchain the category
2. Blockchain the structure

A blockchain is a DAG.

- Directed: moves in one direction only
- Acyclic: you can't return to a node from the current node
- Graph
All blockchain (structures) are DAGs.
A DAG can be a blockchain (category).

That out of the way, there are lots of DAGs already. Bitcoin even has leaf nodes (uncles).

So I don't get the DAG vs Blockchain argument.

Also, when looking at DAG, what implementation?
You get:

- storage DAG like @avalancheavax, where the UTXO are stored in DAGs

- block DAG (ghost / spectre / phantom), similar to UTXO for Avalanche
Read 7 tweets

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