DA Labs
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From $FTM to $S: How Sonic is Reborn in the DeFi World
Introduction
The recent market downturn, combined with the fading popularity of meme coins, has gradually cooled market speculation sentiment, causing funds to flow back from high-risk, low-value speculative targets to areas that can provide stable profits—DeFi is one of them. In this context, Sonic offers investors a more attractive DeFi playground with its EVM compatibility and clear airdrop expectations. Can Sonic leverage its advantages to become the next DeFi hotspot? Let's take a look!
Introduction to Sonic and FTM
Sonic is a high-performance blockchain evolved from Fantom ($FTM). The native token $S will officially replace $FTM at a 1:1 exchange rate with the launch of the mainnet at the end of 2024. The core concept of evolution is to establish Sonic as a Layer 1 token with DeFi advantages. The following four advantages significantly impact on-chain interactions:
The recent market downturn, combined with the fading popularity of meme coins, has gradually cooled market speculation sentiment, causing funds to flow back from high-risk, low-value speculative targets to areas that can provide stable profits—DeFi is one of them. In this context, Sonic offers investors a more attractive DeFi playground with its EVM compatibility and clear airdrop expectations. Can Sonic leverage its advantages to become the next DeFi hotspot? Let's take a look!
Introduction to Sonic and FTM
Sonic is a high-performance blockchain evolved from Fantom ($FTM). The native token $S will officially replace $FTM at a 1:1 exchange rate with the launch of the mainnet at the end of 2024. The core concept of evolution is to establish Sonic as a Layer 1 token with DeFi advantages. The following four advantages significantly impact on-chain interactions:
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