Why Sonic?

Introduction

For three years, WigoSwap has thrived on Fantom, facilitating over $1 billion in transactions without a single moment of downtime. Now, with the launch of DeFive as upgraded WigoSwap on Sonic, we’re taking things to an entirely new level.

Sonic is a cutting-edge EVM Layer-1 blockchain designed to power the next generation of decentralized applications. Developers on Sonic enjoy access to a range of attractive incentive programs:

  • Fee Monetization: Developers can earn up to 90% of the fees generated by their applications, similar to an ad-revenue model.

  • Innovator Fund: With up to 200 million S tokens dedicated to onboarding new apps, Sonic fosters innovation and growth.

  • Airdrops: Approximately 200 million S tokens are available to incentivize both new and existing users of the Sonic chain and Opera.

Sonic’s infrastructure delivers exceptional performance, supporting up to 10,000 transactions per second with sub-second finality. As an EVM-compatible chain, Sonic provides native support for Solidity and Vyper, ensuring a smooth transition for developers migrating from other blockchains. Sonic Gateway further enhances accessibility by offering seamless access to liquidity across Ethereum via a secure decentralized bridge. Its fail-safe mechanism ensures that user assets remain protected under all circumstances.

By migrating to Sonic, DeFive positions itself as a leader in the decentralized finance space, leveraging a blockchain platform that prioritizes scalability, performance, and developer incentives. This isn’t just an upgrade—it’s the beginning of a transformative journey that redefines the potential of DeFi.

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