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Sonic Price (S)
-200% Bonus3,175,000,000 S
3,175,000,000 S
Sonic S Sonic (S) Chart
Sonic (S) Return On Investment(ROI)
What Is Sonic(S)?
Sonic is our new, upcoming layer-1 platform with a secure gateway to Ethereum and provides the fastest settlement layer for digital assets with over 10,000 TPS and complete, one-second confirmation times. The ecosystem will be supported by a massive incentive program.
What Is S Token?
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
Additionally, the S token will be used with the upcoming Gateway to Ethereum, with more details to be announced soon.
Upon the launch of the new Sonic chain, FTM holders will be able to exchange 1 $FTM for 1 $S. We also expect you'll be able to purchase S directly from decentralized exchanges (DEXs) on Sonic or key centralised exchanges (CEXs) in the near future.
How Does Sonic(S) Work?
- Validator Rewards. To help secure the Sonic network by providing computing resources and staking a certain amount of $S, you can earn block rewards as well as transaction fees paid by users on Sonic.
- Block Rewards. The target reward rate for validators is 3.5% when 50% of the network is staked. The network mints tokens each epoch to distribute to validators to achieve this. This target rate is maintained proportionally, so if all $S tokens are staked, validators and stakers will earn 1.75% annually. Conversely, if only 25% of $S tokens are staked, they will earn 7% annually.
- Network Fees. Network fees are generated when users pay gas to interact with the network. Validators earn a percentage of these fees, which are distributed equally among all staked S tokens.
Sonic (S) Community
- Twitter: https://x.com/0xSonicLabs
- Discord: https://discord.gg/3Ynr2QDSnB
- Reddit: https://reddit.com/r/0xSonic
- Telegram: https://t.me/SonicAnnouncements
Sonic FAQ
What is the price of Sonic (S) token?
CoinCarp does not currently have price data for Sonic as it has yet to be listed on any cryptocurrency exchanges (CEX or DEX). Once Sonic is live on an exchange, CoinCarp will provide real-time Sonic (S) token prices from different exchanges.
Is Sonic (S) token a good investment?
It depends on your personal risk tolerance and investment goals. Sonic is a cryptocurrency that is highly volatile and therefore may not be suitable for all investors. Before investing, please do your own research about cryptocurrencies, crypto wallets, cryptocurrency exchanges, and smart contracts, and it is crucial to understand the risks and potential rewards of investing in cryptocurrencies..
If you decide to get involved in Sonic investing, you will also need to understand the Sonic project's white paper, team background, tokenomics, and the overall market environment.
Where can I buy Sonic (S) token token?
CoinCarp's tracking data suggests that the Sonic is currently not available for purchase on a cryptocurrency exchange. While you may be able to purchase Sonic from other traders through Over-the-Counter (OTC) trading, the risks associated with this method are considerable. We strongly advise you to do your own research and understand the risks involved before engaging in any trading activities for Sonic.
How to short Sonic (S) token?
According to CoinCarp's tracking data, no crypto exchange yet supports Sonic contracts or ETF trading. so you can't short Sonic
What will Sonic (S) token be worth in 5 years?
It is impossible to predict what Sonic will be worth in five years. The cryptocurrency market is highly volatile and can be affected by a variety of factors, such as US dollar policy, government regulations, technological progress, market sentiment, Sonic's circulating supply and the development of project ecology. Therefore, it is impossible to accurately predict the price of Sonic 5 years from now.
S Price Statistics
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