The public chain pattern has once again entered the big brawl, this time with Sonic @SonicLabs At the beginning of the year, I wrote an article about the public chain pattern, in which the Sonic chain was a very high-profile member, at that time, the chain was led by the Shadow @ShadowOnSonic Divine Mine led by AC, supplemented by $ANON a general (the founder is DeFi Old God @danielesesta) to rush upward I know more about these two projects, so I will talk about these two projects in the future, and today I will talk about the first one on Binance Alpha's Shadow @ShadowOnSonic 1️⃣ Project Brief Introduction: - ShadowOnSonic is the leading DEX on the Sonic chain, with an innovative x(3,3) mechanism and centralized liquidity (CL v3) as the core, accounting for more than 50% of the Sonic chain's trading volume. - Its native token $SHADOW and liquid staking token $x 33 drive the ecosystem, which is known for its high APR Shenkuang - Backgroundally, it should belong to the head DEX supported by Andre Cronje @AndreCronjeTech. DEXs are also a top priority for a DeFi chain 2️⃣ Mechanism advantage analysis - x33 mechanics: -- $x 33 tokens: Generated by xSHADOW staking, automatically optimized for voting and reward compounding, and increasing the $x 33:xSHADOW ratio through fees, voting incentives, and rebase on a weekly cycle - xSHADOW Value: Core staked assets, long-term holding can enjoy 100% protocol fees, voting rewards and exit penalties, and the value continues to grow with compound interest. - Holder Benefits: -- Weekly rewards: xSHADOW holders will receive protocol fees, voting incentives, and PvP Rebase rewards, generating over $7.23 million in fees in 30 days, surpassing the sum of other projects on the Sonic chain -- That's because their trading volume is awesome, with a 7-day volume of $557 million, a one-day peak of $171 million, and a 13x increase in TVL to $357 million --- In addition, the Chinese localization of the Sonic chain is the best in the old foreign public chain, not only their APAC is degen, but also the basic head project will be equipped with a Chinese community, and the founder will also open a Chinese account, which other public chains cannot do. For example@bigdzhao is the Chinese of @danielesesta, the founder of @HeyAnonai, and Shadow also has Chinese community @ShadowOnSonicCN