Coinspeaker
Sonic Mainnet Goes Live with 190.5M Token Airdrop, EVM Support
Sonic Labs, a web3-oriented company building on the success of the Fantom (FTM) network, has announced the launch of the Sonic mainnet, a high-throughput layer one (L1) blockchain compatible with the Ethereum Virtual Machine (EVM). Following the mainnet launch, holders of FTM tokens can now swap for S tokens at equal value through Sonic’s dedicated portal.
According to Sonic Labs, FTM holders on the Ethereum (ETH) network can transfer their assets to a supported centralized exchange, where the upgrade to the S token will happen automatically.
For the Wrapped FTM holders on the Opera network, the Sonic Labs team has urged them to unwrap the tokens and use the dedicated upgrade portal on MySonic.
Similarly, the staked and delegated FTM tokens can be upgraded after the completion of the claiming process, taking 24 hours.
Key Features of Sonic Mainnet
The Sonic network is a major milestone for the we
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