从 Fantom 到 Sonic Labs：Layer 1 链的第二次启动尝试

从曾经风光无限的公链Fantom到现在的Sonic Labs，2024年对于这条Layer 1链来说将是变革的一年

Once a shining star among public chains, Fantom is now preparing for a "second startup" as Sonic Labs, complete with a foundation rebrand, mainnet upgrade, and token swap. However, despite these efforts, Sonic still faces challenges such as dwindling TVL, ongoing controversies over token issuance, and lingering cross-chain security concerns.

Fantom 曾经是公链中的一颗耀眼明星，现在正在准备“第二次创业”，即 Sonic Labs，包括基础品牌重塑、主网升级和代币交换。然而，尽管做出了这些努力，Sonic 仍然面临着 TVL 减少、代币发行争议持续以及跨链安全问题挥之不去等挑战。

Sonic's key technical narrative revolves around high performance, thanks to its sub-second transaction speed and full support for EVM. These features aim to attract developers and users, enabling a fast and smooth interactive experience. Additionally, Sonic claims to have optimized both the consensus and storage layers, introducing technologies such as live pruning, node synchronization acceleration, and database slimming to enhance node confirmation and recording efficiency.

Sonic 的关键技术叙述围绕高性能展开，这得益于其亚秒级交易速度和对 EVM 的全面支持。这些功能旨在吸引开发者和用户，实现快速、流畅的交互体验。此外，Sonic声称对共识层和存储层进行了优化，引入了实时剪枝、节点同步加速、数据库瘦身等技术，以提高节点确认和记录效率。

While "high TPS" is no longer a novelty among public chains, it remains a core metric for user and project acquisition. A fast and smooth interactive experience can lower the barrier for users to engage with blockchain and opens up possibilities for complex contracts, high-frequency trading, and metaverse gaming applications.

虽然“高TPS”对于公链来说不再是新鲜事，但它仍然是用户和项目获取的核心指标。快速流畅的交互体验可以降低用户接触区块链的门槛，并为复杂合约、高频交易和元宇宙游戏应用提供可能性。

Sonic's cross-chain strategy also involves Sonic Gateway, a technology listed in the official technical documentation with specific introductions to its security mechanisms. The Sonic Gateway employs validators running clients on both Sonic and Ethereum, providing decentralized and tamper-proof "Fail-Safe" protection.

Sonic的跨链策略还涉及到Sonic Gateway，该技术在官方技术文档中列出，并对其安全机制进行了具体介绍。 Sonic Gateway 采用在 Sonic 和以太坊上运行客户端的验证器，提供去中心化且防篡改的“故障安全”保护。

From a design perspective, Sonic's main updates aim to attract a new round of developers and funding through hardware configurations such as tens of thousands of TPS, sub-second settlement, and EVM compatibility, allowing this veteran public chain to return to the market's view with a new image and performance.

从设计角度来看，Sonic此次主要更新旨在通过数万TPS、亚秒级结算、EVM兼容等硬件配置来吸引新一轮的开发者和资金，让这条老牌公链以新的形象和表现。

When Sonic first launched, it set an initial supply (total amount) of 3.175 billion tokens, the same as FTM, ensuring that old holders could receive S on a 1:1 basis. However, a closer examination reveals that the issuance may only be part of Sonic's strategy, as the token economics also contains many practices related to total supply balance.

Sonic刚上线时设定了31.75亿枚代币的初始供应量（总量），与FTM相同，确保老持有者能够以1:1的比例获得S。但仔细研究就会发现，此次发行可能只是Sonic战略的一部分，因为代币经济学还包含许多与总供给平衡相关的实践。

According to the official documentation, starting six months after the mainnet launch, 1.5% (approximately 47.625 million S) will be issued annually for network operations, marketing, DeFi promotion, and other purposes, continuing for six years. However, if this portion of tokens is not fully utilized in a given year, it will be 100% burned, ensuring that only the issued portion is actually invested in development rather than hoarded by the foundation.

根据官方文件，从主网上线后六个月开始，每年将发行1.5%（约4762.5万个S）用于网络运营、营销、DeFi推广等用途，持续六年。然而，如果这部分代币在某一年没有得到充分利用，它将被 100% 销毁，确保只有发行的部分真正投资于开发而不是被基金会囤积。

In the initial four years, the 3.5% annual validator rewards for the Sonic mainnet primarily come from the unused FTM "block reward share" from Opera, thus avoiding a large minting of new S at the start, which could lead to severe inflation. After four years, the issuance of new tokens will resume at a rate of 1.75% for block rewards.

在最初的四年里，Sonic 主网每年 3.5% 的验证者奖励主要来自 Opera 未使用的 FTM“区块奖励份额”，从而避免了在开始时大量铸造新 S，从而导致严重的通货膨胀。四年后，新代币的发行将以 1.75% 的利率恢复以获取区块奖励。

To hedge against the inflationary pressure brought by this issuance, Sonic has designed three destruction mechanisms:

为了对冲本次发行带来的通胀压力，Sonic设计了三种销毁机制：

Fee Monetization Burn: If a DApp does not participate in FeeM, 50% of the Gas fees generated from transactions in that application will be directly burned; this acts as a higher "deflation tax" on applications that do not join the cooperative profit-sharing, encouraging DApps to actively participate in FeeM.

费用变现销毁：如果DApp不参与FeeM，则该应用中交易产生的Gas费用的50%将被直接销毁；这对不加入合作利润分享的应用程序起到了更高的“通货紧缩税”的作用，鼓励DApps积极参与FeeM。

Airdrop Burn: 75% of the airdrop share requires a 270-day vesting period to be fully obtained; if users choose to unlock early, they will lose a portion of the airdrop share, and these "withheld" shares will be directly burned, thereby reducing the circulation of S in the market.

空投销毁：75%的空投份额需要270天的归属期才能完全获得；如果用户选择提前解锁，他们将损失一部分空投份额，而这些“扣留”的份额将被直接销毁，从而减少S在市场上的流通量。

Ongoing Funding Burn: The 1.5% annual issuance for network development will also be 100% burned if not fully utilized in that year; this prevents the foundation from hoarding tokens and limits certain members' long-term occupation of tokens.

持续资金销毁：每年用于网络开发的1.5%发行量，如果当年未全部使用完毕，也将被100%销毁；这可以防止基金会囤积代币，并限制某些成员长期占用代币。

Overall, Sonic attempts to ensure ecological development funding through "controllable issuance" in one hand, while employing multiple "burning" strategies to suppress inflation. The most noteworthy aspect is the "burning" under the FeeM mechanism, as it is directly linked to the participation level and transaction volume of DApps, meaning that the more applications that do not participate in FeeM, the greater the deflationary effect on-chain; conversely, with more FeeM applications, the "deflation tax" decreases, but developer shares increase, forming a dynamic balance between profit-sharing and deflation.

总体而言，索尼克试图一方面通过“可控发行”来保证生态发展资金，同时采用多重“燃烧”策略来抑制通胀。最值得关注的是FeeM机制下的“燃烧”，它与DApp的参与程度和交易量直接挂钩，意味着不参与FeeM的应用越多，链上的通缩效应越大；相反，随着FeeM申请的增多，“通货紧缩税”减少，但开发商份额增加，形成利润分享与通货紧缩之间的动态平衡。

The launch of Sonic, the milestone of 1 million blocks, and the announcement of the cross-chain bridge have indeed increased its visibility in the short term. However, the current reality is that the ecosystem's prosperity is far from its peak era. The full competition among Layer 2, Solana, Aptos, Sui, and other public chains has already ushered the market into an era of multi-chain diversity. High TPS is no longer the only selling point. If Sonic cannot spark one or two "flagship projects" within its ecosystem, it may

Sonic这个100万区块的里程碑的推出，以及跨链桥的宣布，确实在短期内提高了它的知名度。然而，目前的现实是，生态系统的繁荣远未达到巅峰时期。 Layer 2、Solana、Aptos、Sui等公链之间的充分竞争，已经将市场带入了多链多元化的时代。高TPS不再是唯一的卖点。如果 Sonic 无法在其生态系统内激发一两个“旗舰项目”，它可能会