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Fantom announced on X that it has been renamed SonicLabs. SonicLabs plans to gain support by introducing a large-scale incentive program, and Sonic will use S tokens. This new token will enter the ecosystem through large-scale airdrops, simplified staking, incentive plans, and other means. Although the transition from Fantom to SonicLabs has been completed, the launch of Sonic will not be available until the fourth quarter. According to the description provided on the SonicLabs launch page, Sonic is a Layer-1 platform with a secure gateway to Ethereum. @hohooit @wuji-zhang
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