David Edwards
Sonic is a layer-1 platform that offers a secure gateway to Ethereum and delivers the fastest settlement layer for digital assets, boasting over 10,000 TPS and one-second transaction confirmations. Furthermore, the ecosystem includes a comprehensive incentive program.
In addition, Sonic’s native token, S, brings several exciting innovations compared to the FTM token on our current Opera chain. These include a large-scale airdrop, streamlined staking, new incentive programs, and more.
They have now launched a campaign that involves playing various games, and the airdrop for this campaign has already been confirmed.
Investments in the project: $91M
Step-by-Step Guide:
- First, refer to the previous post about Sonic Labs Testnet.
- It is also recommended to use the Rabby Wallet for this activity.
- Next, go to the website and connect your wallet.
- Then, click on “Sonic Arcade.”
- After that, add the Sonic testnet to your Web3 wallet. You need to connect your wallet first and then click “Add testnet.”
- Following this, get some $TOKEN from our faucet. Each play costs 1 $TOKEN, and you can request 420 per week. Simply click “Get some $TOKEN.”
- Finally, play each game 20 times per day to earn points for the $S airdrop.
A few words about a Sonic Foundation:
The Sonic Foundation deeply appreciates the loyal community that has supported Opera since its inception.
To show our gratitude, we’re allocating a portion of our airdrop to users who have actively contributed to Opera. Some of the key activities we’re recognizing include:
- Providing liquidity (LPs) across various applications
- Serving as past validators and delegators
- Using wallets impacted by the Opera Multichain bridge
- Holding liquid staked tokens (LST) like sFTMx, beFTM, and ankrFTM
- Owning Opera NFTs, participating in marketplaces, and creating collections
- Engaging with and using Opera protocols
While we want to reward Opera users for their loyalty, we’re also focused on growing the Sonic ecosystem by attracting new users. We’re emphasizing Total Value Locked (TVL), transaction volume, and the growth of early Sonic applications.
Potential airdrop rewards on Sonic may include:
- Providing liquidity (LPs) across Sonic apps
- Staking or validating on Sonic
- Holding liquid staked tokens (LST)
- Deploying verified contracts with high gas usage
- Participating in audience activation campaigns and quests
- Engaging with Sonic protocols
- Bridging funds to Sonic
To tackle the challenge of airdrop incentives on an active blockchain, we’ve created a unique linear decay mechanism with game theory principles. This structure prevents a sudden influx of tokens into the market by gradually regulating their release and burning them over time.
The airdrop model also uses a burn factor that motivates users to increase their on-chain activity while waiting for the optimal exit point. Users who exit early will face a penalty through token burns, while those who wait for the full vesting period will avoid it. Additionally, users will have the option to trade their airdrop allocation on a marketplace with speculative buyers.
On the first day of the airdrop, users can access 25% of their allocation, while the remaining 75% will vest over 270 days as NFT positions. The initial 25% can be claimed immediately, and users have the flexibility to decide when to claim the rest. Those who want to trade their NFT position can do so on secondary marketplaces.
