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Sonic launched a 200 million Token Airdrop, how can ordinary people maximize their profits?
The star project Sonic on the Layer 1 track has nearly reached a TVL of $1 billion in just 4 months. It not only perfectly supports EVM but also offers a groundbreaking fee-sharing mechanism.
The ongoing airdrop plan of 200 million $S tokens combined with a stablecoin strategy offering up to 150% annualized returns provides a rare "yield + airdrop" win-win opportunity.
This article will analyze the technical advantages of Sonic and how to obtain high-yield stablecoin strategies through simple operations.
1. Project Background
Sonic (formerly Fantom) was founded by Michael Kong in 2018, with the goal of overcoming the scalability bottleneck of Ethereum. After experiencing ups and downs, it was upgraded to the current Sonic high-performance Layer-1 with the help of Andre Cronje.
2. Technical Highlights
Sonic's customized technology stack (dedicated virtual machine, database, consensus mechanism) is fully compatible with EVM. As the EVM blockchain with the best performance, Sonic supports over 10,000 TPS, with a confirmation time of <1 second, perfectly suited for high-frequency scenarios in DeFi and Web3 gaming.
The Fee Monetization (FeeM) mechanism disrupts the traditional model, allowing developers to earn 90% of the network fees generated by their applications, avoiding the high costs and complex interoperability issues of "application chains."
Sonic supports native Account Abstraction (AA), enhancing the user interaction experience. Fee subsidies allow Sonic or the protocol to cover users' transaction fees, lowering the entry barrier, so there is no need to prepare $S to experience it. Dynamic fees give applications the ability to flexibly adjust user fees, suitable for different scenarios.
3. Airdrop activities
Sonic launched a points program, involving 200 million $S airdrop, lasting over 1 year, aimed at incentivizing users and developers to promote ecosystem growth.
Users can earn Passive Points by holding or using whitelisted assets (such as scUSD, USDC.e, scETH). Activity Points are obtained through on-chain interactions such as trading, staking, or providing liquidity. At the end of each season, points can be redeemed for $S tokens.
Developers compete for airdrop shares through Sonic Gems, and GEMS can be exchanged for $S and distributed to users of the corresponding dapp.
25% of the tokens earned by the user's points are unlocked immediately, and the remaining 75% is released in the form of NFTs 270 antennas. The airdrop is expected to take place in June, when NFTs with 75% of the tokens may be sold at a low price, and there may be a chance to buy the bottom $S.
Points acquisition requires attention: The liquidity pool needs both tokens to be whitelisted assets (e.g., S-USDC), otherwise no points will be counted; WETH, USDT, etc. only earn Activity Points, not Passive Points.
4. Interaction Strategy
High-Yield Stablecoin Strategy
4.1 Provide Liquidity
The two pools available on @SwapXfi, bUSDC.e-20/wstkscUSD and aSonUSDC/wstkscUSD, not only offer high APR returns (16.7% and 22.27% respectively) but also allow you to earn 12x sonic points, 1.5x Rings points, and airdrops from SwapX.
Briefly explain the operating steps:
First, find the S/USDC lending pair with id 20 on @SiloFinance (the id is the number in the first column), deposit USDC to obtain bUSDC, then deposit USDC on @Rings_Protocol to obtain scUSDC, next stake scUSDC to get stkscUSD, and then stake the obtained stkscUSD once more to get wstkscUSD. Finally, add liquidity on SwapX.
Note: wstkscUSD becomes stkscusd and exits immediately, stkscUSD becomes scUSD in 5 days, and scUSD becomes USDC in 5 days. However, wstkscUSD can also be directly exchanged for USDC on the secondary market on shadow. In other words, large fund exits require 10 days, while small funds can exit directly in the secondary market with low slippage.
Another pool aSonUSDC allows you to earn by depositing USDC into Aave, and the remaining steps are the same as above.
4.2 Vote Bribery
Principle:
The wstkscUSD on @Rings_Protocol will earn the protocol's earnings on sonic, while the scUSDC locked in veUSD ( can earn the yields generated on the mainnet (scUSD is obtained 1:1 with USDC, and there will be corresponding USDC on the mainnet as support, which will generate yields through DeFi operations on the mainnet via veda).
The project party will bribe veUSD holders to vote for the corresponding protocol, thereby allowing the protocol to gain more benefits.
Specific operations:
First, stake USDC into stkscUSD on Rings Protocol ( (refer to 4.1 for providing liquidity), then lock stckscUSD. The duration can be determined based on your own situation; the longer the time, the higher the voting weight.
Next, go to the dapp @Paladin_vote, find Quest, and then locate the corresponding scUSD. Click on it to see the bribery page (link: )
Click on vote and it will redirect to the voting page of Rings protocol. Select the project with the highest yield that you see on Paladin, and just allocate all your votes to it.
Voting needs to be done once a week. Since there aren't many people staking now, the APY can be 150%. If you find weekly voting bothersome, you can use @TholgarFi to automate the voting process, and you just need to go and claim your rewards.
By the way, Rings Protocol is made by Paladin and TholgarFi, so it is safe.
Liquidity and bribery strategies can only choose one. Liquidity can be exited at any time, while bribery requires a locking period of at least a few weeks to a maximum of 1 year. Currently, there are fewer people engaging in bribery, and the capital efficiency is higher. Friends can decide the allocation ratio according to their own preferences.
Finally, let's conclude with AC's words: Sonic's tokens are not important; what matters is Sonic's ecosystem and Sonic's users.