🎉 Gate.io Growth Points Lucky Draw Round 🔟 is Officially Live!
Draw Now 👉 https://www.gate.io/activities/creditprize?now_period=10
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1️⃣ Enter 'Post', and tap the points icon next to your avatar to enter 'Community Center'.
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⏰ Ends on May 4, 16:00 PM (UTC)
Details: https://www.gate.io/announcements/article/44619
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🔥 Mastering Sonic: Strategic layout to maximize profits from a 200 million Token Airdrop
The star project of the Layer 1 track, @SonicLabs, has nearly reached a TVL of 1 billion USD in just 4 months. It not only perfectly supports EVM but also offers a groundbreaking fee-sharing mechanism. The ongoing 200 million $S token airdrop plan, along 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 some ups and downs, it was upgraded to the current Sonic high-performance Layer-1 with the assistance 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 games. 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) to enhance the interactive experience. The fee subsidy allows Sonic or the protocol to pay the user's transaction fee on behalf of the user, lowering the barrier to entry and allowing you to experience it without preparing a $S. Dynamic costs give apps the ability to flexibly adjust user fees for different scenarios. 3/Airdrop Event: Sonic has launched a points program involving airdrops of 200 million $S, lasting over 1 year, aimed at incentivizing users and developers to drive ecosystem growth. Users can earn Passive Points by holding or using whitelisted assets (such as scUSD, USDC.e, scETH). Activity Points are earned 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, GEMS can be exchanged for $S and distributed to users of the corresponding dapp. 25% of the tokens earned through user points will be unlocked immediately, while the remaining 75% will be released linearly in the form of NFTs over 270 days. The airdrop is expected to take place in June, and at that time, the NFTs containing 75% of the tokens may be sold at a low price, potentially creating an opportunity to buy $S at the bottom. Points acquisition note: The liquidity pool requires both tokens to be whitelist assets (such as S-USDC), otherwise no points will be awarded; WETH, USDT, etc. only earn Activity Points, not Passive Points. 4/ Interactive Strategy: High Yield Stablecoin Strategy 4.1 Providing Liquidity: @SwapXfi offers the two pools bUSDC.e-20/wstkscUSD or aSonUSDC/wstkscUSD, which not only provide high APR returns (16.7% and 22.27% respectively) but also allow you to earn 12x sonic points, 1.5x Rings points, as well as airdrops from SwapX. ✅ Specific operation: First, find the lending pair S/USDC with id 20 (the id is the number in the first column) on @SiloFinance. Deposit USDC to receive bUSDC, then deposit USDC on @Rings_Protocol to receive scUSDC. Next, stake scUSDC to obtain stkscUSD, and then stake the obtained stkscUSD again to receive wstkscUSD. Finally, add liquidity on SwapX. Note: wstkscUSD turns into stkscusd and exits immediately, stkscUSD turns into scUSD in 5 days, and scUSD turns into USDC in 5 days. However, wstkscUSD can also be directly exchanged for USDC on the secondary market at shadow. This means that large funds need 10 days to exit, while small funds can exit directly on the secondary market with low slippage. Another pool aSonUSDC allows you to earn by depositing USDC on Aave, and the remaining steps are the same as above. 4.2 Voting for Bribery: The wstkscUSD on @Rings_Protocol will earn the protocol's revenue on sonic, while the scUSDC locked by veUSD ( can earn the revenue generated on the mainnet (scUSD is obtained 1:1 with USDC, and there will be corresponding USDC on the mainnet as support; these USDC will earn revenue 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 obtain more benefits. ✅ Specific operation: First, stake USDC into stkscUSD on the Rings Protocol ( (refer to 4.1 for providing liquidity), then lock stkscUSD. The duration can be determined based on your own situation; the longer the time, the higher the weight of the vote. Next, go to the dapp @Paladin_vote, find Quest, and then locate the corresponding scUSD. Click in to see the bribery page (link: quest.paladin.vote/#/scusd). Click on vote and you will be redirected to the voting page of Rings protocol. Select the project with the highest yield that you see on Paladin and allocate all your votes to it. Voting needs to be done once a week, and since there aren't many people staking right now, the APY can be 150%. If you find weekly voting bothersome, you can use @TholgarFi to automate the voting process; you just need to go collect your rewards. By the way, Rings Protocol is made by Paladin and TholgarFi, so it is safe. Liquidity and bribery strategies can only be chosen one or the other. Liquidity can be exited at any time, while bribery requires a lock-up period of a few weeks to a year. Currently, there are fewer people engaging in bribery, making capital efficiency higher. Friends can decide their allocation ratio based on their preferences. Finally, let's conclude with AC's words: Sonic's token is not important; what matters is Sonic's ecosystem and Sonic's users. If you find this tweet helpful, I hope to gain your attention and likes ❤️