S/EUR - Sonic/Euro

About Sonic

Sonic is a layer 1 blockchain platform that seeks to offer efficient and scalable infrastructure for decentralized applications. Formerly known as Fantom (FTM), Sonic has evolved to improve the performance and usability of its network. The platform's native token, known as S, performs multiple functions within the Sonic ecosystem. It is used to pay transaction fees, participate in staking processes, and operate validator nodes that maintain the security and efficiency of the network. Additionally, the S token allows users to engage in the governance of the platform, contributing to key decisions about its development and future direction.