๐Ÿ’ฅ SONIC BOOM โ€” Launching the Sonic Bounty Program

๐Ÿ’ฅ SONIC BOOM โ€” Launching the Sonic Bounty Program

The Sonic Boom is here!

As we gear up for the highly anticipated launch of the Sonic network, weโ€™re thrilled to unveil Sonic Boom, a bounty program for the Sonic network, and the introduction of Sonic Gems, points in our $S airdrop.

This initiative is set to drive early growth on Sonic by attracting top-tier projects and fostering the development of essential applications within our ecosystem.

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Sonic Gems

Sonic Gems are points that users can earn as part of our 190,500,000 $S airdrop, with 37.5% of the total airdrop allocated to holders of Gems.

The Sonic Boom bounty program is the first initiative where developers can secure an allocation of Gems.

Sonic Boom

Sonic Boom offers up to 30 winning projects an allocation of Gems as bounties for developing innovative apps across a variety of categories that you can find in the next section.

These Gems act as points in our airdrop that projects can distribute to users as rewards for using their apps. This approach helps projects bootstrap and sustain user activity by incentivizing usage.

Sonic Gems represent a meritocratic system designed to empower apps in distributing rewards as part of our airdrop, making them an essential tool for developers aiming to make an impact on the Sonic network.

Weโ€™re allocating a substantial amount of Sonic Gems to the winning apps of this program, recognizing up to 10 winners across three tiers:

๐Ÿ† Emerald
Awarded a mountain of Gems.

๐Ÿฅˆ Sapphire
Awarded a substantial amount of Gems.

๐Ÿฅ‰ Ruby
Awarded a fair amount of Gems.

Bounty Program Categories

The Sonic Boom program covers a wide range of categories, encouraging diverse and innovative applications. Multiple winners can be selected in each category, so whether youโ€™re into lending protocols, NFT markets, or gaming, thereโ€™s a spot for you.

Here are the key categories:

๐Ÿฆ Lending
Simple lending markets, isolated lending markets.

๐ŸŽจ NFT
NFT lending markets, points trading markets.

๐Ÿ› ๏ธ Tooling
Vote incentive markets, liquid locker protocols.

๐Ÿ’ณ Payments
Debit cards supporting S and USDC.

๐Ÿ’ต Stablecoins
CDP stablecoins, yield-bearing stablecoins, RWA-backed stablecoins.

๐Ÿ“ˆ Yield
Fixed yield, yield aggregators, cross-chain yield tokenization.

๐ŸŽฎ Gaming
Prediction markets, single-click games, gamified NFT games.

๐Ÿ’ฑ Exchanges
Perpetual markets, options markets, AMMs, CLOB exchanges.

๐Ÿค– DePIN & AI
Wireless networks, energy grids, computation, storage.

โœŠ Community Movements
Brand ambassador campaigns, user-engagement campaigns.

Bonus Opportunities

Weโ€™re also offering extra rewards for Sonic builders who incorporate the following into their projects:

โ›ฝ๏ธ Gas Monetization
Participate in our improved Gas Monetization program, which could become a significant revenue stream for your app.

๐Ÿ”’ Safe
Use SAFE's tools, such as multi-signature security, backup and recovery protocols, and other DeFi compatibility features.

๐Ÿ’ฅ Sonic Native
Build your app exclusively on Sonic.

Assessment Criteria

Applications are judged on uniqueness, usability, and potential to drive user adoption on Sonic.

  • Concept: Is the idea captivating and valuable to users?
  • Execution: Is the project executed with excellence?
  • Impact: What is the broader impact and sustainability of the project?
  • Points Strategy: How effectively will the application use Sonic Gems to bootstrap success?

Winning projects must deploy on the Sonic testnet with a live, interactive frontend. Once the Sonic mainnet is live, they must deploy within 7 days.

Important Dates

  • Program Launch: August 20
  • Submission Deadline: November 1
  • Evaluation Period: October 31 โ€“ November 3
  • Announcement of Winners: November 4

Winners will receive the first part of their allocation at the launch of Sonic and the second part 60 days after launch, carrying additional weight based on continued performance and contribution to the network.

For inquiries or further information, contact our support team. Make sure to read our Terms and Conditions.