【 @SonicLabs What have you been up to lately? 】
1. Expansion into the U.S. has been confirmed!
- Sonic has officially entered the U.S. market after passing the $S governance vote.
- Plans to create ETFs and operate $100M in the U.S.
- There has been over $400M in expressed interest from people wanting to invest in Sonic ㄷㄷ
2. Connecting U.S. economic data to the blockchain
- Economic indicators like GDP and price index announced by the U.S. government can be viewed directly on the blockchain.
- This is the first time Sonic is doing this.
- This data can be useful for learning about loans, investment products, and trading models.
3. Top stablecoin yield on Curve
- The crvUSD/USDC pool has yielded over 100% returns.
- The sdUSD/wstkscUSD pool has yielded 32.6% returns.
- This was made possible thanks to the Sonic rewards program.
4. Sonic investment fund
- Sonic is giving $S to teams with good ideas to help them grow.
- Recently, they invested 120K $S in FlyTrade.
- FlyTrade is a cross-chain swap platform.
5. Preparing for the KBW event
- Sonic is preparing an official booth at KBW.
- Additionally, they are organizing a major event called Sonic Summit 2025 in Singapore at the end of September.
It's been a while since I followed up, but it turns out Sonic has been preparing a lot without us realizing it 👀
@UXLINKofficial
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