Sonic
After months of hard work, Sonic is excited to announce that Sonic V1 goes live on the Internet Computer. For users, this means that you can now access the Sonic App where you’ll be able to swap your tokens and earn fees as a liquidity provider.
Sonic plan on reserving a war chest full of $SONIC (75% of total tokens supply) specifically for community members who help to drive growth. This could come in the form of adding liquidity early, being an active member of the Sonic protocol community or engaging in the development of the open-source code.
About Sonic
Sonic is the Internet Computer DeFi hub for all of your swapping, liquidity pooling, and trading needs. Built on the Internet Computer to leverage unlimited scalability and supersonic transaction finality.
Sonic operates on a gasless Automated Market Maker (AMM). Users can add new tokens, create new swap pairings, and earn fees by providing liquidity to pools. Barring enough liquidity, traders can swap their tokens using the previously created swap pairings. Thanks to the Internet Computer, all transactions are gasless, the only fees being those paid to liquidity providers.
Sonic
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Step by step guide
- Visit the Sonic Airdrop announcement page, and read carefully.
- Add a Token/pair to Sonic. The Sonic app comes with a fixed set of assets; $ICP, Wrapped ICP (WICP), and Cycles Token (XTC).
- Sonic will be capturing all early platform activity through CAP, keeping careful records of community members who help drive growth, and will do retrospective token allocation to early participants that fit into either camp when they launch the $SONIC governance token. Sonic is a DeFi protocol for the people, driven by the people!
Step-by-Step Guide ''Sonic Airdrop''
▪️ If you had previously signed up for the DFINANCE airdrop before the rebranding to Sonic, rest assured, this will not affect your ability to claim your airdrop when our token is launched. All previous events and users will be accounted for and transitioned to the new platform. If you’ve got any questions about Sonic, connect with them on Twitter or Discord.
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Disclaimer: Investors should take the time to research any given product before they invest their funds (DYOR).
