Sonic gas fee monetization: up to 90% of fees back to apps
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Argues sharing L1 gas fee revenue with apps is needed for sustainable monolithic ecosystems, or apps will move to appchains. Sonic gives up to 90% of fees to builders, with 320ms testnet finality.
Key claims
Up to 90% of gas revenue goes to app builders
Testnet finality 320ms
Mainnet and FTM to S migration in Q4
Sharing the L1 gas fee revenue with applications is key to enable sustainable ecosystems on monolithic chains.
In the absence of mechanisms like this, apps will inevitably move towards appchain models.
@0xSonicLabs is one of the most innovative L1s launching this year and allows for gas monetization that gives up to 90% of revenue back to the builders of apps that generate the underlying traffic.
Alongside other unique innovations such as the native credit scoring system and other DeFi primitives @AndreCronjeTech has been building, this will turn Sonic into a thriving ecosystem very quickly.
Why? These are unique features that devs won't find elsewhere in the EVM universe.
Also, don't forget there is already an exisiting pool of builders, apps, users and liquidity as well, that will be there too, fueling activity & growth on the new chain from day 1.
If you're fading Sonic, you ngmi anon.
Mainnet and $FTM to $S migration coming Q4.
Testnet (320ms finality and outperforming most L2s in TPS) already live.
NFA but at least DYOR.
@0xSonicLabs If you're looking to DYOR on @0xSonicLabs, check the deep dive by @RedactedRes below. ↓
x.com/RedactedRes/status/1838871745610313948