We’re thrilled to announce the 2nd round of our Meme Period Level of competition, developing to the results of the 1st spherical, which distributed $five hundred,000 of sFTMx to thousands of Blessed winners! Meme Time highlights the top memecoins on Opera along with the approaching Sonic chain even though distributing sFTMx to new
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We’re thrilled to announce the 2nd spherical of our Meme Time Level of competition, constructing around the results of your 1st spherical, which dispersed $500,000 of sFTMx to Many Blessed winners! Meme Period highlights the top memecoins on Opera and also the upcoming Sonic chain when distributing sFTMx to new
Just to put things in standpoint. I have a TZ250W as well as the TSR is about forty,000 lines. The bulk of that may be with the default SW configuration - NOT from my alterations.
However, there might be far more significant overall performance gains with more testing that could require a hard fork Down the road, but The existing system is to not difficult fork Fantom Opera. Will the community be able to operate nodes to the Sonic testnet?
Fantom Sonic is in its testnet phase for the time being and can roll out for a mainnet to interchange Fantom Opera in spring 2024. At present, Sonic delivers two distinctive testnets: the shut testnet aims to showcase the utmost theoretical limitations of Sonic, whereas the open up testnet is interactive, enabling any consumer to working experience Sonic straight.
Liquidity Management: Coordinating vesting schedules with industry liquidity to stabilize token costs and reduce the impact of buy and offer orders.
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The Sonic chain will be a layer-one System that connects to Ethereum by means of a bespoke layer-two bridge, making it possible for Sonic to tap into huge amounts of liquidity, users, and Fantom Sonic migration protocols. This permits the community to combine the inexpensive, scalability, and speed of the layer 1 with the security of a layer-two bridge for use of native ETH along with other assets on Ethereum.
The 4 governance proposals introduced with the Sonic network collectively build a strong and sustainable Basis for its ecosystem. Just about every proposal addresses a special element of the network’s changeover and advancement, creating a cohesive strategy to ensure Sonic's very long-phrase achievements.
The change with the Fantom Opera community on the recently introduced Sonic chain is not only a technological shift but also demonstrates the critical role that tokenomics performs in a very job’s very long-expression viability. Sonic Labs, the recently rebranded Fantom group, is spearheading this changeover by introducing the Sonic chain as well as S token, meant to swap the present FTM token on the one:one foundation.
1 illustration of an analogous migration is Polygon’s new update from your MATIC token towards the POL token. This provides insights into what may be envisioned Along with the FTM to S token transition.
Though our Opera chain is getting upgraded with new “Sonic technological know-how”, we'll no longer be utilizing the identify “Sonic” to check with our tech stack. In its place, Sonic will seek advice from this new chain.
The changeover from MATIC to POL was engineered for being simple and is predicted to come about on September 4, 2024. Token holders send their MATIC tokens to an upgraded clever agreement that immediately returns the equal volume of POL, just like the FTM-to-S transition.