Sonic and Solayer Team Up to Reward Community Stakeholders
Sonic’s revolutionary token airdrop rewards Solayer delegators and DeFi pioneers
Sonic Support Vector Machinethe first Solana Layer 2, is preparing to reward its loyal community. The company just announced a token airdrop specifically for users Solera decentralized cloud infrastructure that supports staking and restacking on Solana. Solayer is advancing staking and network scalability with high transaction throughput and yield solutions like USD, a stablecoin backed by U.S. Treasury securities.
This initiative thanks Solayer representatives for their early support and highlights Sonic’s leadership in the emerging re-stacking field.
Sonic SVM and upcoming airdrops
Sonic SVM is the first Solana virtual machine chain designed to power games and applications. It runs on Sonic HyperGrid, an innovative framework for orchestrating optimistic Solana aggregations. Sonic is also home to SonicX, the industry’s first Web3 TikTok-like application layer designed to attract the next billion users. To do this requires user-focused activities, rewards, and features, and the upcoming token airdrop will be used to achieve this goal.
The airdrop will allocate a portion of Sonic’s upcoming token supply to users who have delegated SOL or eligible Liquid Stake Tokens (LST) to Sonic’s Active Verification Service (AVS) on Solayer. A snapshot of eligible delegations will be taken ahead of Sonic’s highly anticipated Token Generation Event (TGE), scheduled for Q1 2025.
This opportunity is not limited to direct stakers, but also includes users participating through Solayer-powered protocols such as Adrastea, a cutting-edge liquidity re-staking protocol that maximizes capital efficiency in DeFi. It allows users to retain liquidity while unlocking additional rewards, setting a new standard for composability and ease of use in the Solana ecosystem.
“By rewarding Solayer delegators and Adrastea participants, we incentivize broader participation while ensuring our earliest backers share in Sonic’s growth,” said Sonic CEO Chris Zhu. soneID in a statement. “This airdrop is a testament to our commitment to supporting the community that has played an important role in driving Sonic’s AVS growth.”
Collaborative ecosystem poised to take off
With over $80 million worth of SOL delegated by more than 81,000 unique users, Sonic has become the largest active verification service on Solayer. Meanwhile, Solayer itself is thriving, with total value locked (TVL) exceeding $360 million and increasing adoption within the DeFi ecosystem.
The partnership between Sonic and Solayer brings new possibilities for stakers to provide liquidity through Liquid Restake tokens, which can be used in DeFi platforms such as Banx, Orca and Meteora. This synergy not only ensures Sonic’s TVL, but also provides retakes with the flexibility to access liquidity without sacrificing returns.
Adrastea is a key player in this ecosystem, enabling users to maximize rewards and capital efficiency through liquidity re-staking, further amplifying returns. It bridges the gap between network security and user convenience by streamlining the staking process and unlocking added value.
Driving the future of remortgaging
This airdrop announcement comes at a critical time for the Solana ecosystem. Liquid Staked Tokens (LST) currently have a market cap of over $2 billion, underscoring their growing importance in decentralized finance.
Initiatives like Sonic’s token rewards not only validate the power of restaking, but also drive broader adoption by providing tangible incentives for participants. “Community-focused initiatives like this are key to activating the remortgage ecosystem,” Zhu additional. “By seamlessly integrating rewards with Solayer and Adrastea’s user-friendly platforms, we’re making it easier than ever for delegators to track their contributions and earn rewards.”
