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- $S Token Utility The native token of the Sonic network has multiple functions, including governance, staking, and fee generation. Governance Stake $S to participate in governance and shape the future of Sonic. Security Stake $S to secure the Sonic network and gateway, while earning rewards.
www.soniclabs.com/token
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The S token will be the native token for Sonic. It has multiple roles within the Sonic network: Paying for transaction fees. Staking to participate in securing the chain (min. 1 $S) Running a validator to secure the chain (min. 50,000 $S) Participating in governance.
- From Fantom to Sonic — What You Need to Know
S Token. The S token will be the native token for Sonic. It...
- S Token | Sonic Labs
The native token of the Sonic network has multiple...
- Overview | Sonic Documentation
The native token of the Sonic chain will be S, introducing...
- From Fantom to Sonic — What You Need to Know
Sep 13, 2024 · S Token. The S token will be the native token for Sonic. It has multiple roles within the Sonic network, such as paying for transaction fees, staking, running a validator, and participating in governance. Additionally, the S token will be used with the upcoming Gateway to Ethereum — stay tuned for more details!
The native token of the Sonic network has multiple functions, including governance, staking, and fee generation. Governance Stake $S to participate in governance and shape the future of Sonic. Security Stake $S to secure the Sonic network and gateway, while earning rewards.
3 days ago · However, S is optimized to align with Sonic’s focus on scalability, interoperability, and user engagement. S vs FTM: a quick comparison. The key differences between the tokens include a more dynamic reward structure tied to Sonic's increased throughput, allowing for faster and more cost-effective transaction processing.
Sep 21, 2024 · Fantom Sonic Tokenomics (S) The transition from Fantom’s FTM token to Sonic’s S token brings some important changes to the network's tokenomics. The swap will happen on a 1:1 basis, meaning every FTM holder will get an equal amount of S tokens. The S token will be the main currency for transaction fees, staking, validator rewards, and ...
The native token of the Sonic chain will be S, introducing numerous exciting changes compared to the FTM token of our existing Opera chain, such as a massive airdrop, simplified staking, incentive programs, and more. The launch of Sonic is scheduled for November/December 2024.
This documentation offers comprehensive details on using and developing applications on our Opera chain, as well as detailed information about our upcoming Sonic chain and its S token.
