Sonic Labs has rolled out an innovative new blockchain template that concentrates on creating more speedy transactions and better liquidity. Added to this new architecture is a system involving a Directed Acyclic Graph (DAG), which implements novel token distribution and incentive structures. Most importantly, it addresses some of the biggest challenges in the blockchain space. It combines great performance with great support for dApp development.
Its architecture centers on balance sheet liquidity in the short term and return on invested capital over time. This transition is powered by several key components, including a strategic token distribution model, a dedicated Innovator Fund, and technical capabilities that support high transaction throughput. These pieces combine to make a more efficient and easier to develop on blockchain landscape.
Liquidity and Tokenomics
Perhaps the most exciting part of Sonic Labs’ new structure is its unique approach to token liquidity and distribution. In addition, twenty-five percent of the tokens are liquid from day one, giving participants early liquidity. This immediate liquidity is intended to promote trading and active participation within the ecosystem from day one.
The other seventy-five percent of tokens are vested over 270 days. This vesting schedule is intended to encourage long-term alignments with token holders. We send out these fully vested tokens via tradable Non-Fungible Tokens (NFTs). With this new user-centric approach, users will have full control and flexibility to manage and trade their vested assets seamlessly.
The model includes a token burn to decrease the circulating supply. This strategy would be aimed at maximizing the value of the leftover tokens. This deflationary mechanism is designed to help ensure the long-term economic sustainability of the network.
Innovator Fund
To support innovators working with the protocol, Sonic Labs has set aside 200 million $S tokens toward an Innovator Fund. This fund aims, in the most concrete sense, to develop dApps and expand the ecosystem generally. The Innovator Fund plays a direct role in recruiting developers and projects. It offers extraordinary connections and promising rewards for developing on Sonic Labs foundation.
The Innovator Fund has a pipeline of highly promising projects that it’s actively funding. Its purpose is to encourage innovation and develop a wide variety of applications in the Sonic Labs ecosystem. We want to accelerate adoption and utility of the platform with this strategic investment. The fund will support projects and initiatives that contribute to Sonic Labs’ mission of a high-performance, developer-friendly, Ethereum-compatible blockchain environment.
Technical Performance
The Sonic Labs sound architecture was designed as the perfect laboratory to unleash true performance. Using Solana’s proof of history functionality, it can theoretically support upwards of 10,000 TPS, dramatically scaling the current capabilities of the network. This ~10,000 TPS high throughput is essential to handling digital collectibles’ exciting transaction volume. This combination of factors makes the platform well-suited for a variety different applications, including performing decentralized finance (DeFi) and high-frequency trading.
Conversion to confirmation times under a second continue to improve the experience for the user. As a result, these quick confirmation times minimize lag and create a more dynamic user experience for the applications developed on top of the platform. Sonic Labs claims very high TPS and low confirmation times. This potent combination supercharges its usefulness and makes it a worthy competitor to any blockchain on the landscape.
