We’re excited to announce that the Sonic Blockchain is now integrated with StakeKit! This development makes tapping into native staking on Sonic easier than ever through StakeKit’s comprehensive API suite.
Sonic: Explained
Sonic is a next-generation Layer-1 blockchain designed to deliver exceptional speed, security, and scalability for Web3 applications. Originally evolved from Fantom, Sonic represents more than just a rebranding - it introduces significant improvements to create a powerful foundation for decentralized applications14.
Core Features of Sonic Blockchain
Lightning-Fast Transactions: Sonic can process up to 10,000 transactions per second and achieve finality in less than one second. This means when you send a transaction on Sonic, it's confirmed almost instantly, with no waiting periods.
Native Token: Sonic uses a native token called "S" which serves multiple purposes within the ecosystem:
- Paying transaction fees
- Staking to secure the network
- Participating in governance decisions
Proof-of-Stake Consensus: Sonic uses a Proof-of-Stake (PoS) mechanism where validators lock up S tokens to participate in transaction validation. This approach is much more energy-efficient than older Proof-of-Work systems like Bitcoin.
DAG-Based Architecture: Under the hood, Sonic uses a Directed Acyclic Graph (DAG) structure that allows validators to confirm transactions asynchronously. Think of this as multiple validators working in parallel rather than taking turns, which greatly increases processing speed.
What Makes Sonic Special?
Developer-Friendly: Sonic is EVM-compatible, meaning developers can easily build applications using familiar tools and programming languages like Solidity. This makes it accessible for creating decentralized applications (dApps).
Fee Monetization: Sonic introduces an innovative feature that allows developers to earn up to 90% of the fees generated by their applications. This creates stronger incentives for building on the platform.
What This Integration Means
• Complete Staking Flow Management:
StakeKit’s API handles the entire staking flow—from validator selection to delegation management. Users can stake, claim rewards, and unstake without ever leaving the application.
• Plug-and-Play Widget:
Integration partners can now utilize the plug-n-play StakeKit widget, which delivers a seamless staking experience on Sonic. A demo of the widget is available to illustrate its ease-of-use and effectiveness.
Check out the demo below demonstrating the plug-n-play widget - that gives your users instant access to Sonic's staking yields.
Stay tuned as Sonic DeFi is coming next, and continue following for more updates on innovative solutions that simplify DeFi interactions.
— The StakeKit Team