What is Sonic?
Sonic is a high-performance EVM, L1 blockchain that is booming in growth due to its sub-second latency, grassroots ecosystem, and innovative incentives.
To bootstrap further growth, Sonic will distribute ~200,000,000 $S as part of its inaugural Sonic Season 1 incentive campaign.
Sonic has partnered with Royco to enable users to to easily earn & compare $S incentives from applications.
To boost Royco adoption, Sonic awarded 16,800 Gems to Royco to distribute to applications as a part of the Sonic Boom program.
What incentives are being distributed?
Users of Sonic Markets on Royco are eligible to receive 3 types of Sonic-sponsored incentives:
App Gems: Sonic “Gems” are off-chain incentives redeemable for $S. Each app will distribute a fixed number of Gems to users.
Royco Bonus Gems: Bonus Gems will be distributed exclusively to Royco users.
Sonic Activity Points: “Activity Points” are points awarded for using Sonic apps. These can later be redeemed for more $S.
Sonic users will be eligible for all of these during Sonic Season 1. At the end of Season 1 (June 2025), users will be able to claim their $S incentives based on their Gems and Points balances. Gems holders will be able claim liquid $S, while Points holders will receive a vested NFT airdrop position. Learn more here.
How does Sonic x Royco work?
Estimating Sonic Airdrop: Royco makes all of this simple. All you need to do is select “Estimate Sonic Airdrop” the % of the total 190,500,000 $S airdrop that you believe will go to Sonic Season 1.
So if you believe 40% will go to Season 1, you can input this amount.
Comparing Rates: You can then compare incentive rates across markets.
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Viewing Eligible Incentives: You can also see how apps will distribute Gems (ie. pro-rata to all Rings Points holders), the Royco Gems Bonus, and Sonic Points by clicking into each market.
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Negotiate for More Incentives: As with any Royco Market, you can also place limit orders to negotiate with apps for more incentives.
Sonic Markets are live on Royco: app.sonic.royco.org
Initial Markets, with more coming soon...
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