Sonic Announcements (prev. Fantom)
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Official announcements from the Fantom Foundation and ecosystem updates from dApps on Opera and the upcoming Sonic chain.
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Sonic Airdrop News

Our 2nd proposal for the upcoming #Sonic chain has PASSED!

๐Ÿช‚ Airdrops for Opera & Sonic users are coming, with up to 6% of the $S token's FDV being minted for this initiative.

The airdrops intend to boost activity, application revenue, and gas-fee generation across the Opera and Sonic ecosystems, while bootstrapping TVL upon deployment.

๐Ÿ” Learn more about Sonic and the remaining proposals
.
Sonic Labs Innovator Fund

๐Ÿ’ธ We're thrilled to announce the Sonic Labs Innovator Fund, to which we're committing up to 200,000,000 FTM to accelerate partner migration for the #Sonic launch! This is worth over $100,000,000 at the time of writing.

The fund complements our 100 million+ $S airdrop and will attract an influx of innovative dApps to Sonic, such as:

๐Ÿ“ฑ Dozens of dApps across the industry
๐Ÿ— Top-tier infrastructure providers
๐Ÿ›  On-chain tooling and compliance
๐Ÿช™ Native assets and bridge integration
๐Ÿ’ณ Wallet and index developers
๐ŸŒŸ Strategic Web2 partnerships
โž• And more

This substantial allocation underscores our dedication to building a robust and dynamic platform and community ๐Ÿค

๐Ÿ” Learn more about the Sonic Labs Innovator Fund.
Gas Monetization Bonus

We're excited to announce the latest #Fantom Gas Monetization quarterly bonus ๐Ÿ’ธ

๐Ÿ† We're distributing 55,000+ $FTM to the top 12 dApps on Opera that have generated the most gas:

1. PaintSwap
2. SpookySwap
3. XEX Labs
4. Beethoven X
5. Equalizer Exchange
6. Mummy Finance
7. WigoSwap
8. Sacra: Falling of Myrd
9. ODOS
10. Solidly Labs
11. XEN
12. Velocimeter

Congratulations to these innovative projects for driving the most user engagement ๐Ÿš€

๐Ÿ” Learn more about Gas Monetization.
Sonic Governance News

Our 3rd proposal for the upcoming #Sonic chain has PASSED!

Funding for ecosystem grants, marketing, partnerships, and innovative programs like Sonic Spark and Sonic University are now on the horizon! ๐Ÿš€

๐Ÿ’ธ Sonic Spark โ€” Spark innovation with early founders and bring the next wave of builders to Sonic by providing native builder grants

๐Ÿ“š Sonic University โ€” Provide students at select colleges and universities with resources, knowledge, access, and guidance to build the next generation of dApps on Sonic

๐Ÿ” Learn more about the proposal.
Fantom Insights Newsletter

Two things can sum up our previous month: memecoins and #Sonic governance proposals.

The inaugural round of Meme Season was thrilling with many twists, and we passed key governance proposals for the upcoming Sonic chain to ensure its long-term success.

๐Ÿช‚ Airdrop for Opera & Sonic users
๐Ÿ’ธ Up to 200,000,000 $FTM Innovator Fund
๐Ÿš€ Meme Season round 1 finished
โž• And more

๐Ÿ” Check out the latest Fantom Insights newsletter.
Estfor Kingdom Update

A thrilling new chapter begins for Estfor Kingdom with the extensive Montanite Sommar update! Brace yourselves for exciting updates across skills, combat, items, and quests ๐ŸŽฎ

๐ŸŒฒ Skills
Experience multi-output actions in Mining, Fishing, and Woodcutting. Thieving now has new environments, bounties, and a "Chests" interface.

โš”๏ธ Combat
Prepare to venture onto the Mountain, filled with powerful Montanites and oozing Primdiat power, and utilize new Rings and Fire & Poison arrows.

๐Ÿ’ Items
Discover brimstone, coins, fragments, rings, and chests.

๐Ÿ“œ Quests
Enjoy 27 new quests in various questlines like Way of the Axe and Fire and Ice.

๐Ÿ” Learn more about the Estfor Kingdom update.
Sonic Governance News

Our 4th proposal for the upcoming #Sonic chain has PASSED!

This enables us to accelerate the transition of our validators and stakeholders to the new Sonic network by:

๐Ÿš€ Enhanced GasM
Boosting Gas Monetization revenue to as much as 90% with a new burn model that increases burn rate for transactions.

โŒ›๏ธ Improved Staking
Reducing max staking period to 14 days, unlocking 100s of millions in liquidity through liquid staking derivatives.

๐Ÿ”„ Validator Migration
Migrating Opera block rewards to Sonic, ensuring limited token supply.

๐Ÿ” Learn more about the proposal.
Meme Season Round 1 Winners

We're excited to announce the winners of the 1st round of Meme Season on Opera, leading up to the launch of #Sonic! ๐Ÿš€
 
๐Ÿฅ‡ 1st place
Coin: $HOOPS | HOOPS_is_Sonic
Prize: ~$300k (600k sFTMx)

๐Ÿฅˆ 2nd place
Coin: $THC | TinHat_Cat
Prize: ~$150k (300k sFTMx)
 
๐Ÿฅ‰ 3rd place
Coin: $sGOAT | theFantomgoat
Prize: ~$50k (100k sFTMx)
 
Congratulations to the winners. We'll distribute funds soon to memecoin holders and teams, including 6 fortunate holders who won over $10,000 each! ๐Ÿคฏ
 
๐Ÿ† Remember, 80% of the prize is given to the memecoin holders and 20% goes to the team.
 
Also, stay tuned for Meme Season's 2nd round, featuring exciting changes ๐Ÿ‘€

๐Ÿ” Learn more about Meme Season and the winners.
Reflexivity Research Report

"With its Meme Season and #Sonic chain, Fantom is set to capitalize on the memecoin craze and handle the surge in users."

Reflexivity Research's latest report on #Fantom covers our Meme Season competition and the winners of its 1st round, who won ~$500,000 of $sFTMx! In addition, the report covers:

๐Ÿš€ Memecoin culture
๐ŸŽฏ Fantom's strategic position

๐Ÿ” Read the full report.
Equalizer Exchange eLocks

๐Ÿ”’ Introducing eLocks on Equalizer Exchange.

Lock your Equalizer liquidity to continue earning trading fees, qualify for whitelisting your token, and receive $EQUAL emissions from the launch of your token ๐Ÿ’ธ

You retain the ability to transfer your locked liquidity in the form of a timed NFT.

Several other integrations for eLocks are currently in development, so stay tuned for more updates.

๐Ÿ” Learn more about eLocks.
Meme Season Round 2

๐Ÿ† Announcing: Meme Season Round 2!

๐Ÿ“… Jul 22 โ€“ Sep 5
๐Ÿ’ต 750k FTM as $sFTMx

The 2nd round of Meme Season features exciting changes that we think you'll love. Brand-new scoring formula, rewards distribution, and eligibility criteria ๐Ÿš€

Also, providing liquidity with memecoins now counts you as a holder. Get ready to be rewarded for providing liquidity! ๐Ÿ‘€

๐Ÿ” Learn more about the 2nd round of Meme Season.
WigoSwap Burn-to-Mint

The brand-new Burn-to-Mint mechanism on WigoSwap allows users to burn their WIGO tokens to earn new project tokens launching on WigoSwap's launchpad ๐Ÿš€

๐Ÿ’Ž This process is beneficial for projects launched with Burn-to-Mint as it helps ensure a fair token distribution for their holders.

Burned WIGO tokens are permanently removed from circulation, helping to stabilize their value.

๐Ÿ” Learn more about WigoSwap's Burn-to-Mint.
Gas-Free Trading Program

Announcing the Sonic Labs Gas-Free Trading Program in partnership with Rabby! ๐Ÿค

โ›ฝ๏ธ From July 22, the program will sponsor up to 10 DEX transactions per unique user on Opera with Rabby Wallet. Available to new wallets or users inactive for 90 days at the program's launch.

The Gas-Free Trading Program coincides with the launch of the 2nd round of Meme Season and is a first-of-its-kind initiative from Sonic Labs and Rabby to encourage trading on the network.

๐Ÿ” Learn more about the Gas-Free Trading Program.
Alchemy Partnership

We're excited to announce our partnership with Alchemy ๐ŸŽ‰

Alchemy will serve as a key launch partner for #Sonic and offers the following on Opera immediately and Sonic when it launches:

โš™๏ธ Robust blockchain infrastructure and expertise for developers

๐ŸŒ Access to public and private RPC endpoints

๐Ÿ’ต Up to $5k credits for Enterprise customers on Sonic and further credit programs

Alchemyโ€™s involvement ensures first-class support for Opera and its community and positions Sonic for a successful launch and long-term growth in the blockchain space when it officially integrates with that network upon launch!

๐Ÿ” Learn more about the Alchemy partnership.
PaintSwap Launchpad

The PaintSwap Launchpad is here!

๐ŸŽจ As the latest addition to the PaintSwap product family, the launchpad is a user-friendly platform that enables creators to launch and mint their own NFTs on Fantom. Its sole purpose is to bring your NFT vision to life faster and easier than ever before.

Its features include decentralized storage, VRF minting, whitelist management, royalty support, and more!

50% of all launchpad fees will go toward buying back and burning $BRUSH ๐Ÿš€

๐Ÿ” Learn more about the PaintSwap Launchpad.
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Meme Season Round 2

LIVE NOW: MEME SEASON ROUND 2! ๐Ÿ’ฅ

๐Ÿ“… Jul 22 โ€“ Sep 5
๐Ÿ’ต 750k FTM as $sFTMx

With a brand-new scoring formula, rewards distribution, and eligibility criteria, Meme Season is back in full force! Also, providing liquidity with memecoins now counts you as a holder ๐Ÿš€

Participate to win big rewards and lead your memecoin to victory ๐Ÿ†

๐Ÿ” View the leaderboard and read the rules.
Innovator Fund Grants: Part 1

We're thrilled to begin unveiling the recipients of the Sonic Labs Innovator Fund! ๐Ÿš€

Get ready for the future of innovation on #Sonic with these projects as they migrate to the new chain:

๐Ÿ”ด Beethoven X
๐ŸŸฃ Debita Finance
๐Ÿ”ต Thunder Dome

You can experience these dApps on Sonic at launch! We'll announce more partners over the coming weeks.

The Sonic Labs Innovator Fund offers up to 200,000,000 $S to accelerate partner migration to Sonic, ensuring funding for new innovative projects and that top dApps on Opera migrate to the new chain at launch this year ๐ŸŒŸ

๐Ÿ” Learn more about the grant recipients.
Sonic Labs Spaces

Join our Space with Alchemy as we discuss our partnership and its benefits for users/developers on Opera and #Sonic ๐ŸŽ™

๐Ÿ“… Friday, July 26
๐Ÿ•™ 5:00 PM UTC

Make sure to set a reminder and reply below with any questions you have for Alchemy!

Hosted by:
Luis Fausto + Zaunzi

Featuring guests:
Dan Nolan from Alchemy + Sam Harcourt from Fantom/Sonic Labs

๐Ÿ” Set a reminder for the Space.
OpenBlock Partnership

๐Ÿ’ธ Announcing OpenBlock as one of our key partners for our airdrop on Sonic with 190,500,000 $S across multiple phases!

OpenBlock will manage and oversee our points and airdrop designs on #Sonic through data-backed decision-making.

๐Ÿ’ฐ The company powers over $2 billion in annual spending and has been a leading provider for Eigen Layer, Arbitrum, Solana, and more.

Most importantly, OpenBlock will provide our airdrop with anti-Sybil protection using:

๐Ÿ” Exploitative behavior detection
๐Ÿšซ Wash trading detection
๐Ÿ“ Volume profiling

With these methods, we'll ensure the most equitable airdrop distribution for everyone on Opera and Sonic, and our partnership will guarantee fair rewards for our users, developers, and validators.

๐Ÿ” Learn more about the airdrop
.
Innovator Fund Grants: Part 2

We're thrilled to unveil more recipients of the Sonic Labs Innovator Fund! ๐Ÿš€

Get ready for the future of innovation on #Sonic with these projects:

๐Ÿ”ต Equalizer Exchange
๐ŸŸ  PaintSwap
โšช๏ธ SilverSwap

You can experience these dApps on Sonic at launch! We'll announce more partners over the coming weeks.

The Sonic Labs Innovator Fund offers up to 200,000,000 $S to accelerate innovation on Sonic, ensuring funding for new ventures and that top dApps on Opera migrate to the new chain at launch this year ๐ŸŒŸ

๐Ÿ” Learn more about the grant recipients.