Sonic Labs mainnet generates the first block, token airdrop snapshot completed

ChainCatcher news, according to The Block, the Layer1 blockchain project Sonic Labs (formerly Fantom) announced that its mainnet has generated its first block, marking the completion of the "Genesis" phase, and is expected to officially launch soon. A few days prior, the project also launched the upgraded testnet "Blaze."

The team previously announced that they expect to launch the mainnet by the end of November or early December. Sonic Labs has completed the snapshot for the S token airdrop distribution, supporting a 1:1 exchange with Fantom's FTM token, and introduced Sonic Gateway to enable cross-chain bridging functionality.