KEY TAKEAWAYS
- Curve has launched Curve-Lite on Sonic, enhancing its trading capabilities across blockchain ecosystems.
- Sonic, formerly known as Fantom, offers high performance with up to 10,000 TPS and sub-second block finality.
- Sonic’s fee monetization model incentivizes dApp developers by distributing up to 90% of transaction fees.
Curve has expanded its reach by deploying Curve-Lite on Sonic, a rebranded and upgraded blockchain formerly known as Fantom. This deployment marks another step in Curve’s mission to provide efficient and scalable trading across leading blockchain ecosystems.
Sonic, previously known as Fantom, is a high-performance Layer 1 blockchain designed to address scalability and speed challenges in decentralized applications. With its recent rebranding and upgrades, Sonic offers a throughput of up to 10,000 transactions per second (TPS) and sub-second block finality.
A standout feature of Sonic is its fee monetization model, which distributes up to 90% of transaction fees directly to approved decentralized applications (dApps) built on the network, such as Curve. This innovative approach incentivizes developers to create and maintain high-quality applications while potentially allowing protocols like Curve to benefit financially from transaction activity within their deployed smart contracts.
For more information on this development, visit the official announcement here.
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