Sonic Labs (Fantom) ($S) Token Airdrop Information
Sonic Labs (Fantom) ($S) is a layer 1 platform with a secure gateway to Ethereum, providing the fastest payment layer for digital assets with over 10,000 TPS and 1 second transaction confirmations, supported by a large incentive program. We provide. They are running a potential airdrop campaign known as the Sonic Gems and Sonic Boom bounty programs. The following is a guide to the Sonic Labs (Fantom) ($S) token airdrop.
Check out our step-by-step guide!
What is Sonic Labs (Fantom)($S)?
Sonic Labs is a rebranded entity of the former Fantom Foundation responsible for driving growth across applications, partnerships, and users. It oversees the Sonic Chain, a new layer 1 platform that provides a secure gateway to Ethereum, with over 10,000 TPS and 1-second transaction confirmations. The Sonic ecosystem supports large-scale incentive programs and features a native S token that simplifies staking and introduces a variety of incentive programs.
What is the Sonic Labs (Fandom) ($S) token?
Sonic Labs (Fantom) ($S) has a native token called $S. Key features include:
- native token:S Token is the native token of the Sonic network and is used for a variety of roles including staking and transaction fees.
- Staking Rewards: Validators can earn block rewards and transaction fees by staking S tokens. When 50% of the network is staked, the reward rate reaches 3.5%.
- Supply and Conversion: At launch, 3.175 billion S tokens will be available, which will match the FTM token supply and can be converted at a 1:1 ratio.
- inflation control: Additional tokens will be issued for specific programs, but unused tokens will be burned to prevent inflation.
The document also states that 6% of the 3.175 billion $S tokens will be issued six months after Sonic launches. These tokens will only be used for programs within the airdrop campaign and will reward both Opera and Sonic users and builders.
How do I receive the Sonic Labs (Fantom) ($S) token airdrop?
Here’s a guide on how to get a potential Sonic Labs (Fantom) ($S) token airdrop:
- Become a developer at Sonic Labs
If you have the necessary technical skills, consider joining Sonic Labs’ developer path. If you’re a developer, Sonic Boom gives you the chance to secure airdrops for up to 30 winning projects. The project distributes these airdrops as a reward for using the application. You can apply to Sonic Boom to compete for this slot. The program launched on August 20 and the submission deadline is November 1, 2024. The winner will be announced on November 4, 2024.
- Complete the Path to Sonic Galxe quest
The path to the Sonic Galxe quest consists of six different tasks: connections, asset trading, bartering, and social tasks. The work must be completed by the end of October 2024.
- Path to Sonic Galxe Quest: Complete Series 1
Path to Sonic Galxe Quest Series 1 requires users to link at least 50 USDC from Ethereum to Fantom using the Wormhole portal bridge. This requires Fantom tokens ($FTM) as transaction fees.
- Path to Sonic Galxe Quest: Complete Series 2
Series 2 of Road to Sonic Galxe Quest includes permanent trading on the Lynx platform. Make the necessary transactions and track your progress. As before, Fantom ($FTM) tokens are required for transaction fees.
- Path to Sonic Galxe Quest: Complete Series 3
For Road to Sonic Galxe Quest Series 3, borrow (deposit) with a minimum of 20 FTM from Polter Finance. Also trade 30 FTM on the Degen Express platform. You also need to have 200 $sFTMx to earn $sFTMx, stake FTM or swap tokens on beets.fi.
- Path to Sonic Galxe Quest: Complete Series 4
For Road to Sonic Galxe Quest Series 4, swap at least US$20 worth of assets at Spooky Swap v3. Purchase items from Estfor Kingdom’s in-game store and add at least US$100 worth of assets in one transaction from the USDC.e/sFTMx pool. Finally, complete other social tasks.
- Play Sonic Arcade Games
You can start farming points with Sonic Arcade games starting September 30, 2024. To play Sonic Arcade games, link your wallet to https://airdrop.soniclabs.com/ and enter the invitation code. wheeling. Then click “Sonic Arcade” in the left bar.
- Add Sonic testnet to Rabby Wallet
Sonic recommends using the Rabby wallet, so download and set it up if you haven’t already. Then click “Add Testnet” and “Connect Wallet”.
- Get testnet $TOKEN
PLAY TO EARN POINTS Buy testnet $TOKEN from the faucet as you will need it for the game. Each play costs 1 $TOKEN. You can request up to 420 $TOKEN per week from Faucet.
- play games
Earn Sonic $S token airdrop points by playing 3 games 20 times a day.
