Why did Fantom reinvenue like Sonic?
Fantom was one of the pioneers of the design of the acyclic graph made (DAG) for the distributed registers. It included a rapid purpose and transaction costs for a hundred fraction. However, Fantom relied on the Ethereum derived account storage model and the EVM, which led to swollen storage and slow execution times.
To approach these bottlenecks and implement many other updates, the team behind Fantom has deployed Sonic, a new entirely independent blockchain network. A new HTX report explores the technological history of Sonic, its new Tokenomics model and the innovations it brings to Defi.
Download a full version of the report for free
Sonic technical architecture
Sonic runs on the owner Sonicvm execution engine, which dynamically translates EVM bytecode into a faster internal format for speed execution. It also optimizes heavy calculations to prevent repeated work and the pre-analyzes of the contract code to hide valid jump destinations. SonicvM is entirely compatible with EVM, which means that fantom intelligent contracts can operate transparently on the new blockchain.
To resolve the problem of storage of ONCHAIN HEFTY data and the synchronization of slow nodes, SONIC uses a new database design called SONICDB. Sonicdb separates the condition of the blockchain into two databases. It uses LiveDB for rapid access to current state and execution, and archiveb to store complete historical data. This separation allows consensus nodes to reduce data storage requirements up to 90% and thus considerably reduced hardware requirements and synchronization time.
For a more complete explanation of Sonic’s technical aspects, download the full report here.
Presentation of the token s
The Sonic Mainnet is powered by a new native token, S. FTM holders can convert their tokens into a 1: 1 ratio using the official portal. S remains non -inflationary during the first six months following the launch of Mainnet in December 2024. Then, 6% of the initial offer will be struck to reward the first users of the blockchain. The full report offers in -depth coverage of several airline strategies in capital economicals with various risk profiles.
Sonic rewards developers also via its mechanism for monetizing gas costs (Feem). Up to 90% of the transaction costs between participating applications are transmitted to developers, while the rest is transported to validators.
Become a new center for defi
Andre Cronje, one of the founders of Fantom and the brain behind the subsistence finance protocol, is the spearhead of Defi Innovation on Sonic. Cronje has unveiled Flying Tulip, a new DEFI platform that combines trading, liquidity and loan features pools. The report deals with certain innovations that Flying Tulip brings to the Sonic blockchain.
Flying Tulip is based on the same concept as the dynamic liaison curve of the V2 curve. A MA with a dynamic link curve adjusts its curvature according to the proximity of the price of the pool at an external price observed by an oracle. It also automatically concentrates liquidity around the current price, simplifying liquidity management and improving the effectiveness of capital. Flying Tulip introduces even faster balance curve updates and closer ranges alongside other improvements with a new dynamic value loan model. To find out more about Flying Tulip and its advantages, see HTX’s full sound report:
Download a full version of the report for free
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