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@hadi1480
Phantom Foundation announced the details of its new network plan "Sonic". I wrote the full explanation below, thank you for reading.
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@hadi1480
Sonic will be a completely new layer 1 blockchain that will be connected to Ethereum through a native chain bridge. During this process, the tokens of the phantom holders will be converted to the new Sonic network token with the symbol "S" in the same amount of FTM tokens they have.
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@hadi1480
The goal of the Sonic network is to provide better performance for users and developers of decentralized applications (dApps).
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@hadi1480
In addition, the Phantom Foundation has allocated hundreds of millions of FTM tokens from its treasury to support the development of the Sonic ecosystem.
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