Just arrived at GSR and became a market maker for S, thinking that May is coming to an end soon, and the day of S's June airdrop is getting closer and closer. Last year, @ SonicLabs announced an S airdrop program with a total of approximately 200 million units and a valuation of around $130 million to $220 million, aimed at incentivizing users and developers and driving ecosystem growth. Sonic is a high-performance L1 blockchain (formerly known as Fantom) with a total locked value (TVL) of nearly $1 billion within 4 months. It supports EVM compatibility and offers an innovative cost sharing mechanism. The initial total supply of $S is approximately 3.175 billion pieces, with a circulating supply of approximately 2.88 billion pieces, partially used for airdrops and ecological incentives. At present, the price is stable at 0.45U, and there is still a lot of room for improvement from first-line L1 projects such as SOL and SUI. What impressed me the most was his first blue chip NFT derp. The value of the airdrop exceeds 10000 units. The strongest leader DEX @ ShadowOnSonic has the highest value, accounting for over 50% of the Sonic chain's trading volume Core mechanism: 🔸 Innovative x (3,3) mechanism and centralized liquidity (CL v3). 🔸 Native token SHADOW and mobile staking token $x33 drive the ecosystem. Features: Known as a high APR "miracle mine", backed by DeFi guru Andre Cronje. Analysis of Mechanism Advantages X33 mechanism: 🔸$ X33 is generated by staking xSHADOW and automatically optimizes voting and reward compound interest. 🔸 Every week, increase the $x33: xSHADOW ratio through transaction fees, voting incentives, and Rebase mechanisms. XSHADOW Value: 🔸 As a core pledged asset, long-term holding can enjoy 100% agreement fees, voting rewards, and exit penalties, with continuous compound interest growth in value. 🔸 Holder income: Weekly rewards include agreement fees, voting incentives, and PvP Rebase rewards Participation method: 🔸 Test Network Activity: Ordinary users can earn points by adding Sonic Test Network to participate in the game; Developers can participate in corresponding tasks to earn points. Points can be exchanged for $S airdrops. 🔸 Mainnet activity: After the mainnet is launched, users can continue to earn airdrop points by using DeFi applications on Sonic. Main network points mechanism: 🔸 Passive Points: Obtained by holding whitelist assets such as scUSD, USDC. e, scETH. 🔸 Activity Points: Obtained through on chain interactions such as trading, staking, and providing liquidity. 🔸 At the end of each season, points can be exchanged for $S tokens. Token allocation: 🔸 Unlock 25% tokens immediately. 🔸 75% will be released linearly in NFT form within 270 days, and NFTs may be sold at low prices after airdrops in June, creating opportunities for bottom fishing. matters needing attention: 🔸 The liquidity pool requires the use of two whitelist assets (such as S-USDC) for scoring. 🔸 WETH, USDT, etc. only earn Activity Points, not Passive Points. 🔸 WETH, USDT, etc. only earn Activity Points, not Passive Points. There is not much time left for us. June is coming soon. Seize the last opportunity and give us a good beating!