Sonic SVM
SONIC
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Sonic SVM Info
Sonic SVM Intro
Sonic is the first atomic Solana Virtual Machine (SVM) Layer 2 solution designed to enable sovereign game economies on the Solana blockchain. Developed by Mirror World Labs, Sonic leverages the HyperGrid framework to provide scalable and customizable infrastructure for game developers, allowing seamless integration of various game engines and virtual machines.
A key feature of Sonic is its atomic interoperability, which enables developers to execute transactions on Sonic without redeploying their Solana programs and accounts. This allows games to process millions of requests per second and settle them back onto Solana's Layer 1, offering a fast and cost-effective on-chain gaming experience.
Since its launch, Sonic has achieved significant milestones, including over 1 million monthly active wallets and more than 600 million transactions on its testnet. The project has also secured $12 million in funding to further develop and expand within the Solana gaming ecosystem.
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Q&A about Sonic SVM Tokenomics
Q: What's SONIC'S tokenomics?
A:
With a total supply of 2,400,000,000 $SONIC, the token allocation is designed to ensure long-term ecosystem growth, community engagement, and network security. 15% of $SONIC will enter circulation at TGE , driving early adoption and incentivizing key ecosystem participants.
57% of $SONIC will be allocated to the Sonic SVM Community, including tokens reserved for Ecosystem & Community, Initial Claims, and Sonic HyperGrid Rewards.
Ecosystem & Community (30%)
30% of $SONIC tokens are allocated to the Sonic SVM Ecosystem & Community, reserved for ecosystem development. This includes grants for game studios and dApp developers building within the Sonic SVM ecosystem. Grants will be awarded upon achieving specific development milestones that drive network growth and user engagement.
Initial Claims (7%)
7% of $SONIC is reserved for exclusive airdrops, rewarding top contributors from the Sonic AVS delegation, Sonic Odyssey, SonicX, HyperFuse Observer Node holders**,** and early supporters of Mirror World and World Store.
Sonic HyperGrid Rewards (20%)
20% of $SONIC tokens are reserved for Sonic HyperGrid Rewards, allocated as follows:
- Validator Rewards: 10% of $SONIC is allocated to Sonic HyperGrid validators for securing the network and maintaining blockchain performance, ensuring stability and decentralization.
- Observation Node Rewards: 10% of $SONIC is allocated to HyperFuse Guardian Nodes, with 9% reserved for node operators and 1% designated for Node Referral Rewards.
Early supporters (8%)
8% of $SONIC tokens are allocated to early supporters who backed our vision in the early stages, providing initial funding and helping shape the foundation of our project. Tokens will be subject to a 12-month cliff, followed by a 24-month linear vesting schedule. Tokens will remain locked and unstakable until fully vested.
Investors (15%)
15% of $SONIC tokens are allocated to investors, subject to a 12-month cliff, followed by a 24-month linear vesting schedule. Tokens will remain locked and unstakable until fully vested.
Foundation (20%)
20% of $SONIC tokens are reserved for the Foundation, including Team Members and Advisors from Engineering, Product, Community & Marketing, Business Development, Strategy, and other key workstreams. Tokens will be subject to an 18-month cliff followed by a 36-month linear vesting schedule, during which they will remain locked and unstakable.
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