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Sonic Survival | What's New within Sonic Ecosystem
Recorded: April 18, 2025 Duration: 1:06:40Space Recording
Short Summary
Sonic ecosystem is witnessing significant growth with the recent launch of new tokens and innovative projects like Stablejack and Velvet Capital. The community is buzzing with excitement over upcoming events, including an AI hackathon, while partnerships and unique economic incentives are set to drive further adoption.
Full Transcription
Thank you. Thank you. Thank you. you
hey guys two more minutes and we will start. We are waiting waiting our speakers to join and we'll start in a couple of minutes
meanwhile you can grab some coffee, grab some cookies,
or probably some wine. Hey, Stablejack.
Are you here with us?
Let's do guys' sound check.
Jam, jam! Evet, bu bir şey. Evet, bu bir şey. Evet, bu bir şey.
Evet, bu bir şey.
Evet, bu bir şey.
Evet, bu şey.
Evet, bu şey.
Evet, bu şey.
Evet, bu şey.
Evet, bu şey.
Evet, bu şey.
Evet, bu şey.
Evet, bu şey. Evet, sadece sonuçta bir sesle yapıyorum.
Yani, çok şahit ve yliyorum. Evet, bizim ARK Digital'ın representatörü.
Lucy Neo.
Perfect, perfect. We're just waiting for a representative of Sonic ecosystem and we will start.
Unfortunately, Velvet Capital didn't make it, but yeah.
No worries.
How are you guys? It's a pleasure to have you today.
How are you guys? It's a pleasure to have you today.
Thank you for inviting us at Sonic.
Actually, this is the fifth day we are officially launched on Sonic, so we are pretty excited.
That's really cool. Congrats!
Hey, Seg. Can you hear me? Can you... Let's do a sound check. Yeah, yeah. I can hear you. can you hear me?
Can you, let's do like a sound check.
Yeah, yeah, I can hear you.
Can you hear me?
Yeah, perfect, perfect.
Yeah, guys, I believe we can start.
I believe we can start because unfortunately, one of the participants couldn't make it.
But anyway, like GM, GM, GM, GM, everyone.
And welcome to our special AMA with Sonic ecosystem.
I would say the first, and hopefully not the last, just the beginning of our cooperation with Sonic ecosystem. at AlphaMind are deeply into Sonic's survival quest that we have organized with cool and
really, I would say, recognizable projects on Sonic ecosystem with the support of the
Sonic ecosystem itself, Sonic Labs.
And today we're just here to talk about this thriving ecosystem and understand what's going
on behind that, right?
So let's give a warm welcome to our speakers today, the unstoppable devs of Sonic Labs.
The SEC here. Let's give him the great shout-out for that, for being here and finding the time.
The Digient-powered stablecoin, Stablejack.
Guys, it's a pleasure having you here.
As I mentioned, Velvet Capital, the Defoyer legends,
couldn't make it, unfortunately, today.
And the, I would say, the pro, like a hub, the ARK Digital,
who just like five days on Sonic and already cool. Oh, I'm seeing that Velvet Capital will join.
Let's just like wait for one, two minutes and we'll, yeah, Velvet Capital is here.
They made it.
Oh my God.
Hey, Velvet Capital, you made it.
Hey, Velvet Capital, can you hear us?
Can you speak?
Like, sound check in the middle of the AMA.
I love it.
GM, GM, yeah, yeah.
Thank you for having me.
Sorry, I'm actually jumping from one stage to another. I was just doing a demo in person here in Dubai. But yeah, great to be here.
No worries. I'm really grateful that you could make it. That's really cool that you found the time. And again, thanks for everyone who found time, like our speakers. we really appreciate that so yeah um before we dive into the topic and talk
in more details about what's going on on sonic and what's what's up basically yeah uh i just want to
remind that we are having the sonic survival quest and if you are like didn't made or didn't know
about yet you can still participate and get the alpha and get the rewards, basically,
and understand why Sonic is so...
Sonic ecosystem and the projects on Sonic ecosystem are so prospective right now
and what's going on there.
Let's just get into our today's topic and if you don't mind guys I will
just start from the short intros like just in one two sentences for our
speakers to share with the audience okay stable Jack would you mind taking the
mic first sure but my connection is a bit unstable sorry for that but can you Tabii ki benim birbirine biraz destabilmek. Bu soru, tekrar tekrar tekrar tekrarlayabilir misin?
Evet, hiçbir şey yok.
Stablejack'ın kısmınıza bir kısmı söylemiştim.
Bu ne?
Bir kısmı söylemişti.
Tabii ki, bu soru,
Stablejack'ın bir yüzyıl, volatilite ve bir nokta markası. Ne demek? uh stable jack is a yield volatility and points marked for any asset what does it mean we allow
users to have fixed and lever chilled on top of stable coins and blue chip assets also we allow
leverage airdrop farming and lastly we allow users to have leverage exposure to collateral
without liquidation risk by the way way, there is no maturity date.
Assets are principal protected on Stablejack.
We are one of the Sonic Boom winners
and we have been in the Sonic ecosystem
for the last three months or so, I suppose.
Yeah, that can be a brief intro for Stablejack.
Thank you, thank you. Passing the mic to Velvet Capital.
Thanks for having us.
So we're a Diff.ai trading and portfolio management platform.
We just launched on Sonic, I think a week ago or a couple of weeks ago.
I'm super excited about it.
And essentially, we help you find new opportunities.
We have an AI copilot that can be your trading buddy in the trenches.
So you can find new tokens or new pools.
And then we have a trading terminal,
which you can use to trade anything on Sonic very fast and transparent.
Thanks. Thanks.
Thanks, Valuet Capital.
Seg, I believe you don't need to have an intro,
but let's just give a shout out
for the participant of Sonic Labs
who had time and came here
and having a conversation with us.
Seg, Mike, it's yours.
Thank you so much.
Yeah, I'm super glad you set this up
with some of our builders. It's really, really Mike is yours. Thank you so much. Yeah, I'm super glad you set this up with some of our builders.
It's really, really good to see.
So, yeah, as if anybody in the audience doesn't know,
so Sonic is one of, if not the fastest EVM compatible layer one.
And also we have very interesting economic incentives for builders and users
that most other chains don't have, which I'll go into
later if time permits. But yeah, super glad to be here and excited to be on.
Thank you, Zach. Lucy, mic is yours. Thank you for inviting us at ArcDigital. And hi, everyone. This is Lucy, head of business at ArcDigital.
We are on 1000x leverage perp decks on Sonic and previously on Arbitrum.
And we were having around 200 million average daily volumes across all the networks.
million average daily volumes across all the networks. And as I have mentioned, we are pretty
new on Sonic chain because, yeah, there's a lot of internal decisions to be made. And over the
last six days we are on Sonic, we feel the Sonic vibe a lot. And thank you for inviting us. And
this is our very first AMA participants on Sonic.
Thank you, thank you. Thanks a lot guys again for being here and
thanks for your interest. So let's just kind of dive a bit
deeper into Sonic ecosystem and feel this energy as Lucy just mentioned, like
this energy on Sonic. So like let's kind of kick off from some
ecosystem level fire, I would call it this way. Yeah, so we all know that Sonic is not just another layer one. Yeah, and
I believe this question is more relative to SAG and to
Representatives of Sonic Labs like guys, you know, like there are a lot of Layer 2 fatigue right now and the market acting pretty, I would say, weird.
I'm not saying bearish, but I would say a bit weirdish.
So what makes Sonic different enough to survive and thrive within these conditions, we can say?
I think one of the major items that differentiates us from the sea of L2s and L1s
out there, even in the EVM compatible world, is that we have... Speed is like, okay, anyone can
have speed if you're centralized, but we're both sufficiently decentralized and the fastest EVM
chain that exists. So user experience is one thing that really does differentiate us.
I was talking to a friend who's a builder on Solana the other day,
and he said when Sonic first came out,
he tried it and he said this is the closest thing in
the EVM world that he's ever seen that came close to
his experience on Solana when he was using the chain.
So from a user's perspective, it sort of feels like snappy like Web2.
And I think that's very, very important in order to gain adoption among the masses
because people are not just, they're just not going to wait for 10 seconds for a transaction to confirm.
And it just feels so quick and so easy to use.
That's one, I think, major differentiator that often goes overlooked.
And that's one focal point of the foundation.
We're really, really focusing on building good UX because that is the gateway to bringing on the masses.
And I think the other major differentiator that almost no other chain can replicate is our FEM program.
So FEM stands for for fee monetization.
And what that means is developers will get 90% of the gas that their contracts generate
on-chain back as revenue for their protocols.
So what that means is if you think about a creator economy like YouTube, the more viewers
you have on your videos, the more ad revenue you get.
And that's a revenue stream that doesn't require you to sort of front load capital. You don't have
to raise money from VCs or anything like that. You don't have to do a token sale necessarily if
you don't want to. You just get revenue from usage. And the creators in this case are the
developers rather than YouTube creators. And so we're basically cultivating a creator economy on Sonic.
And I think that's one of the major innovations of our chain.
So 90% of all of the gas fees go back to the developers.
And then 10% go to the validators.
And the reason I say this is a differentiator that we have that most other chains, almost
no other chain can replicate is because it would compromise the economic security
of a lot of other chains
if they were to take 90% of the validated rewards
and give them to the developers.
But because of our unique consensus mechanism,
we're able to do it while maintaining economic security
and sufficient decentralization.
So we actually sort of, I'd say,
very, in certain ways you stall the blockchain trilemma and also are innovating on the economic front, which is one of the major things that will. It's really like you take your protocol,
you just redeploy it on Sonic.
If you're on another EVM chain and you get a free instant stream of revenue,
which is significant,
we've given out hundreds of thousands of dollars and the VM program has only been
live a few weeks, I think maybe even over a million, I don't know.
But it's quite a lot of revenue that devs are just getting
as sort of a free bonus for building on Sonic.
Wow, thanks, Ag.
And can we say that Sonic ecosystem is more related to developers
or it's more a digi world?
Or is it combining the web tool world also?
Or there is space for everyone?
It's always been sort of a mix of everyone.
Sonic, if people don't know, we used to be a phantom for a long time.
We're one of the oldest EVM chains after Ethereum.
And one of the focuses, or one of the, I guess, organic market trends for us back in the day was around DeFi.
So Sonic is sort of the DeFi chain.
There's a lot of interesting yield opportunities,
especially with our points program.
And so there is DeFi focus with our chain,
but there are builders that are doing basically everything.
There's GameFi, there's AI,
there's basically everything you can think of is on Sonic. So it's sort of a very
mixed ecosystem of people who are doing different interesting things.
Csak, thanks a lot. Thanks a lot for these insights. And I believe it's really important
for the audience to understand what's Sonic and what's behind the curtains, yeah?
But, like, I propose to go ahead.
Let's just go around the table.
Like, let's imagine that we are all standing in front of the drunk PC, and we're having, like, only 30 seconds to pitch the project that you're building, right?
What would be the, I would say, the best take?
Stablejack? what do you think uh
with what with just a single click you can access the high sealed or points exposure on sonic with principal protection okay velvet capital
Velvet Capital?
Velvet Capital, you're with us, guys?
Oh, yeah, I think I'm having some connection issues.
Shall we repeat the question?
Or you got it?
Yeah, so imagine you're just standing in front of the drunk PC,
and you have like 30 seconds
to pitch one of the best features, like what would it be?
Oh yeah, so with Velvet you have the full stack of the trading and portfolio management
experience.
You can find and research new tokens, you can trade them right there and you can share
it with everyone else.
Thanks.
Lucy, what about you?
I believe it's our 1000X leverage,
which cannot be seen anywhere, especially on-chain.
And in that mode, we call move mode, our minimum leverage is 500 goes to 750, goes to 1000x leverage, which is by intervals and leverage.
And in that mode we call move mode,
I believe that is a key feature to me.
Yeah. Thanks. It might sound a bit dumb, but what would be your best take if you were standing in
Yeah.
Thanks.
front of the drunk VC? Well, if the VC has any sort of positivity towards the blockchain ecosystem,
I would say that we are probably the most innovative economically and the most advanced technologically that they can choose
out of all of the L1s and L2s out there.
So if they're looking to invest in a fundamental sort of technology,
which is the base layer rather than apps,
then we would fit their criteria.
But I think also one thing to note as well,
this is something I didn't mention,
but Sonic actually has probably the least funding
from VCs out of any of the other chains that are our size.
And basically we have no unlocks from VCs
that are coming up and are about to dump,
which is really not the case
for the vast majority of other chains.
So that's another big thing for us.
We're basically fully diluted.
And so that means that there's not gonna be much
downward market pressure from unlocks coming up.
So since you mentioned VCs,
I wanted to take the opportunity to mention that
to everybody as well.
Thanks, Zach.
And like a big thanks for every participant. Velvet Capital, they have some connection issues they might connect and reconnect. So no worries. We'll get back to, like the turn will come back to them as we call it, spicy roundtable. So I believe it's time for some hot
takes and spicy questions. It's like just your opinions. It's not the financial advice. It's
always we're just giving our opinions and our observations from the market. So I guess,
Stablejack, what do you think like one of the most overrated trend within the Web3 right now?
Hmm, that's a tough one. Overrated.
Let me think about it. I think possibly like
meme coins won't be the future of crypto and so like the hype around them i don't think it
will vanish but like that won't be how people will know crypto
thanks and what about you lucy what do you think about that? Personally, I believe Layer 2 is overrated
because we already have such a well-performing Layer 2 like Sonic.
And I also can mention 2 on 3.
But other than that, those other Layer layer tools with less energetic ecosystem
and less functions and modules for developers.
Those ones are really, really overrated
in terms of attention and valuation to me.
Thanks Lucy. Okay, and Seg, what do you think?
I think that probably, to be honest, I feel like there's a lot of things that are overrated,
but when executed on correctly, most any category can succeed. So for example,
a lot of the AI stuff that's been coming out
is quicker overrated in my opinion
because it just doesn't solve a problem most of the time.
It's mostly to capitalize on the word and the hype.
But I think that there are really good AI projects as well
that actually do solve problems.
Some of them are building on Sonic.
So I think overrated is the case in any category
when people try to use the buzzword for the sake of it
and just like bad projects generally.
Trend-wise, maybe the AI stuff in some ways.
Yeah, but also like they're really good gems in the AI space as well.
Wow.
To be honest, I believe the first time I hear that AI, and we all know that there are some
gems, but from all the spaces, different ecosystems, I've had AMAs, and it's probably the first
time that I'm hearing that AI, like it's kind of over.
So just to clarify, part of my day-to-day is building AI workflows within Sonic.
So we built a lot of really interesting AI tools.
And actually, we're building a dev toolkit that uses AI for basically allowing devs to build better and more secure contracts and this kind of thing.
build better and more secure contracts and this kind of thing.
So there's a really big push internally for AI adoption for Sonic
and sort of capitalizing on the technology itself.
And so because of that fact, because we're building and we're so focused on AI,
I can sort of, from my perspective, I see a lot of the, I guess, the bad projects
or the projects that are just sort of not really utilizing it
to its full potential.
And that's sort of why I say it's overrated.
But it's actually one of the most powerful tools of our day
and everybody knows it now.
I mean, everybody's using it.
I've been using GPT since GPT-2.
And back then, nobody, my family wouldn't listen.
They were like, no, this is pretty bad because it didn't really respond very rationally or anything.
But I mean, it's been a crazy, crazy few years in AI.
And so we're really focused on it.
I just think at the same time, any technology that, just like blockchains, any technology that's revolutionary gets overused in ways that it just doesn't provide value.
So that's what, just to clarify, that's what I meant.
Yeah, I understand.
I understand.
Like, sometimes you cannot even imagine right now your life
without, like, CharGPT or any other AI tools.
Like, even in my work as a marketing manager, like, CMO,
I cannot imagine my life, I believe, without AI, unfortunately.
Or fortunately, I don't know.
Yeah.
Oh, actually, sorry.
One other thing I wanted to mention.
We actually have an AI hackathon coming up at the Sonic Summit in Vienna.
So if you look at the Sonic Labs page, we just announced it.
Labs page. We just announced it. And it's actually an interesting jailbreak hackathon
where users and devs compete to jailbreak an AI system and a smart contract in order
to win a prize pot. And the concept is that users will submit prompts and they have to
pay on chain to submit a prompt. And if the prompt jailbreaks the agent,
meaning you convince the AI agent to give you private key,
then you win the entire pot.
And if you don't, then you lose your fee,
and the fee goes to the pot.
So the pot keeps growing as people are failing to jailbreak the system.
So it's a really cool concept.
We're going to launch the hackathon at Vienna,
which is the Sonic Summit event that's coming up on May 6th.
That is the flagship event for Sonic in the year.
And so you should definitely check that out.
But since we were on the topic of AI,
I wanted to shout that out and plug that.
Wow, that's really cool.
I mean, I want to participate in that.
It sounds so cool.
Yeah, it's open for all users to participate when it launches.
So stay tuned.
And yeah, there's no real barriers to entry, right?
You can just submit your prompts.
You just have to pay the S fee.
And then you could potentially win the pot if you're able to convince the AI to give you the keys.
So basically the whole task is just to break AI, right?
Exactly. Yeah. It's a jailbreak hackathon yep oh my gosh okay uh guys community i'm sure we have some hackers like
uh we have some hackers i think it's worth at least learning about and yeah it sounds so cool
but uh also like staple check you mentioned about the meme coins it's
kind of one of the my favorite topics around the market because meme coins as
celebrity coins they were popular like they started raising a long time ago
though I believe celebrity coins didn't survive the market though the meme coins
did and do you like it's a question to everyone i believe um do you guys
think that the meme coins we all know that they are dominating but do you think it's a problem
or it's kind of a feature for the future stable jack i believe uh you can take this one first
uh like i think it is a future not a bug like basically people want to speculate like
that's for sure and like crypto is part of speculation like no one can deny that
and like the last cycle the speculation was happening around nfts and now it is happening on
memes but like you know that like there is always a circle it reaches its top and then decreases
significantly and then recovers and so this i think this will happen with the memes too like
we saw they rise and like when the beer market intent to so intensifies almost all the memes
will crash and then there will be a recovery and people will understand like the
general structure of memes what to expect etc and with that it will be part of the game and like it
is casino like i am not saying it is bad like but basically like it is a casino and it's part of the
crypto culture but it won't be the main main area that developers or the ecosystem will focus on.
But it is just going to be an important part of it.
Thanks. Lucy, what do you think about that? What do you think about MemeCoins?
I think there are definitely some charm for MemeCoins.
charm for meme coins, despite there are a lot of pump and dump scheme, calculated stuff
for meme coins.
But people never forget about the culture behind it, and the traders alsoulates some core metrics for meme claims these days, just like the technical analysis
for the BTC and the ETH, like that. They do have some metrics in terms of the cultural side or
in terms of the community hype. I think there's a lot of sense behind it, and I feel it's very, very charming.
At first, I don't understand,
but after I have conversation
with, like,
two guys from Pepe Foundation,
I really can feel that there is something behind it, yes.
Not everything technical is valuable,
but not everything culture is not with any value so i
strongly believe in that thank you lucy and by the way like i don't know many meme coins projects
on sonic yet i know only two like thc i believe and goggles or something I might pronounce the names and correctly
though it's kind of one of the hugest meme coins on Sonic ecosystem isn't it
Sag? yeah it is actually it's it's been here since Phantom days and it's yeah
it's the biggest one and we've seen a lot of good art around it as well.
That's cool. And community, guys, don't forget to write your favorite meme coin.
I'm curious.
And what do you guys also think about the meme coins generally?
Is it a problem or is it the future within the Web3?
We don't know.
Maybe tomorrow we'll see the AI agents who will create meme coins.
Who knows? three we don't know maybe tomorrow we'll see the ai agents who will create new coins who knows so
yeah um moving next to the next i believe the next question that is kind of important so
sec if i'm not mistaken you were pitching this one we were talking about the hype around the
projects and we know like all the projects are not only here for hype, right?
I mean, in general, within the space, everyone is seeking for the success for their projects,
right?
But sometimes retails, like retail community, they are seeking this hype instead of the
real utility and real cool project.
And I have a question, like in your your opinion, guys, like, speakers,
is short-term hype is a good strategy or it's pure garbage?
Like, maybe you can start this with him.
Yeah, I think that from my perspective, it's sort of like you can have short-term hype.
That's fine. Like, you can have short-term hype. That's fine.
You can have exciting things happening.
But you have to have underlying longevity in the project.
Otherwise, it's sort of just a flash in the pan, cash grab sometimes,
that kind of thing with respect to apps.
So if you look at last cycle's apps, a lot of them have died out.
cycles, apps, a lot of them have died out. There's a lot that are still around. And oftentimes,
There's a lot that are still around.
the ones that stick around are not the ones that had the most hype in the last cycle.
You have like the king of a cycle and then it's dead the next cycle. And so I feel like
the projects that have been around a really long time are the ones that have fundamental
value and then they have bursts of excitement in the middle. So for example, when Phantom is again,
one of the oldest EVM chains after Ethereum, and then we sort of launched a new chain called Sonic,
right? So we are now Sonic, and we were formerly Phantom. When we were launching Sonic,
even though our project had years of longevity
even though our project had years of longevity, there was a massive amount of hype around Sonic,
there was a massive amount of hype around Sonic
as if it was sort of a new thing
and it is a new beginning
but it was extremely hyped in the short term
that hype continues to today
because the project itself has longevity
so I feel like if hype is paired with good fundamental value, then it's worthy.
And if it's just sort of hype because it's just good marketing and the product is not good,
then that's a problem.
Thanks, Hag. Stablejack, what's your take here?
Yeah, like there are so many short-term trends in crypto so like as sex says like fundamentals
are number one and like if you just like search on uh ct like you will see any new trends today
so like i don't think people should be bothered with short-term trends, but understand what is getting traction and what is getting adaption.
So in the case of Sonic, for example, why you should be hyped?
Like fee monetization is something new,
and it is for builders who wants to be in the long term in the game
so that they can have some sort of longevity because
like there is a real revenue generated by the protocols for the protocols so this is something
important but you remember that at some point l2s were the like the thing but today like we are not
talking uh most of them maybe just arbitrary and base and there are certain reasons for that
and actually like this shows that uh like in the short term like everything is hype but in the long
term like there will be a couple of things like that you should be hyped so uh focusing on short
term will make things difficult for anyone.
Thanks, Tablejack.
Lucy, what's your take?
I think I agree with your statement that people love hype, and hype definitely moves the markets.
And when there's market move, the retails will face a wave,
and the short-term takers, they will try to leverage with the wave but the
difference is is the retails using the hype to earn or is the hype like take advantage of the
retails so some people just get wiping out and some people is waiting in the short-term hype. So it's just like caffeine.
You can drink it or you can just absorb it, right, for the market.
Yeah, exactly.
And yeah, before we move to the next point and the next question,
I just wanted to remind our community and the new guys who came to the space that alpha mind is the web3 launchpad and we've also recently integrated with sonic like
uh like arc digital we are i wouldn't say that we are five days with sonic but approximate like
one or two weeks right now and we are having, within the perspective and with the help of the Sonic ecosystem,
we're having a lot of things ahead, thanks
to the tech you're building, guys.
And yeah, so don't forget to join and follow the access
and the socials of our speakers, like Stablejack, Sonic
Ecosystem, Arc Digital, and the founders and the team members'
accounts. Yeah, don't forget about that. There are a lot of alpha I had. So yeah, Lucy, I'll start
from you. I have like a tradition during the space, since we are talking and working mostly
with the retail community, like the retail community, they The retail investors, they're always
curious what assets our founders and team members are basically holding.
And do you have any verticals you yourself personally holding? Like
Defy, AI, I don't know, GameFi, memes probably.
You mean as a holder?
Yep, like your portfolio.
In my portfolio, okay, got it, got it. So our team has like 90% have a trading background.
We come from like traditional trade fight.
And then we build our perplex.
So initially, we were delta neutral doing the arbitrage on chain.
And that's how we started with perplexes, using other people's perplexes.
access. And back then we are just neutral and I would say just only stable. Then after we built
And back then, we are neutral and I would say just only stable.
our own project, then something becomes different. We become to buy more and more DeFi tokens than
I ever expected. So 90% of my portfolios falls in the BTC and the ETH and 10% of it, I think right now falls in the DeFi tokens.
And I think right now, personally, my portfolio has four, actually four PerpDex tokens and two, no, three, three DeFi tokens.
Some of them are on Sonic and some of them are not.
And they have their own EVM.
I think it's very easy to guess if it's a PerpDex and no Sonic.
Yeah, so it's Hype token.
So I do have their tokens, but it's free.
I do it from airdrop.
And yeah, so I do the airdrop mining sometimes.
And personally, I don't share with my community what I'm holding
because sometimes I will manipulate their thoughts over it
if they are easy to manipulate.
I believe everybody has their own objective feeling about tokens.
But I'm just being honest that in a bearish market,
I do a lot of BTC and quit the tea pool added on um added on ethereum maintenance and sonic
with all kinds of ease over all kinds of bitcoins to earn a stable yield for like 90% of my portfolio and that's all locked in LP and 10%
for speculation myself to bet in what I'm building which is DeFi and Perp.
Wow, thanks.
Oh, it's really insightful.
Like again, it's just for basic understanding what vertical the founders and the crew of the projects are holding just to understand the verticals.
It's not the financial advice, guys.
Always do your own research.
It's like the meme for me.
Like, always do your own research.
Stablejack, what about you?
Like, what verticals are you guys
holding i think like ai will become a major uh play in the finance in general not just crypto
so uh we are very bullish on that because like basically you can automate all the transactions create uh new strategies
via ai and also make the life of the traders easy so we are bullish on that
thanks tablejack sec what's what about you um is this the portfolio question
yeah like the verticals not I don't need the names.
I don't need the names of the project.
Just the verticals.
You need my social security number too.
I think for me,
I am 100% in Sonic.
That's my portfolio.
Thanks, Zach. Thanks.
Yeah, guys, let's move to another point.
Let's get to another topic of our conversation today.
So we all know that community is crucial.
I think everyone agrees here.
The community is a crucial part of every project ecosystem and everything. And we would love to know,
we would love to know with the community we're having today, like, is there anything that's
upcoming right now within your projects? Like any launch, any airdrops, alpha drops, any activities
that community may join.
Like I've already mentioned about the Sonic Survival Quest we're having on Alpha Mine.
And is there anything like, and by the way,
Arc Digital, Lucy will kind of give a hint here
that on Monday we're having their quest live.
So yeah, don't forget to head to alpha mind and start
farming and start earning and um completing the quests but yeah guys what about you like
stablejack velvet capital sag lucy where can i go what can i do
uh i think like i can't uh okay i think i can start like uh soon like we will add new
call tools on sonic specifically a usdc from ave and b usdc from silo and also we will
launch a new market where you will be able to long as without liquidation risk so these are some of the
things that we are currently shipping hopefully like they will be ready soon
thanks tablejack velvet capital you're with us you came back from the darkness
and the darkness of the connection issues you're here with us
give me a sign please that You're here with us. Give me a sign, please, that you're here. Try to unmute.
Okay, I believe I was happy I'll still have some issues.
Yeah, Mike is yours. Yeah, I just I wanted to reiterate the main I think the main thing that's upcoming right now for us is the Vienna Sonic Summit
and the hackathon, which again is a really cool concept
for those who weren't here before. Basically, users
will be able to jailbreak an AI system using on-chain funds
and then drain the pot that the AI system is guarding. So it's a really
cool AI blockchain mix,
and I think we're really excited about that.
We also have some really cool developments coming up
with respect to developer incentives
and sort of interesting tech that we're building,
AI toolkits for developers.
That's all on the horizon,
but I think this is the most immediate
upcoming thing that we're excited about.
Also, AlphaMind,
the assistant has requested
to speak. He's one of our BD
at Sonic. If you want to let him up
as well, maybe he has some words to say.
Of course.
Sonic assistant,
give me a sign, please. Are you here with us?
He says he's requested to speak yeah I gave the right give it might be some with the axe you know like they got it
yeah axes acting too weird like I also send the invitation to speak and while
we're waiting sag did you finish or like shall I give you my Mike the back no I I just wanted to draw everyone's attention to Vienna. Actually, the tickets are open as well if anybody wants to come to Vienna.
It's May 6th to 8th. It's Sonic's flagship event.
And tickets are $1.99, I believe.
You can go to soniclabs.com slash summit to buy tickets.
And then, basically, the idea is that we're going to be able to get to the
event. And then, we're goingabs.com slash summit to buy tickets.
And then basically the idea is it's going to be a really cool venue,
Sonic exclusive event and really interesting speakers,
hackathon, jailbreakathon and really cool time for May 6th to 8th.
So yeah, come and sign up if you want to come and yeah the hackathon
is going to be really really really fun thanks egg i sent the invitation once more to yours like bd
assistant to sonic assistant waiting him to join and meanwhile he said he tried to accept four times, so unfortunately, X is still not fixed many months later.
This is always the issue.
Yeah, yeah, no worries.
Oh, he's here.
Yeah, we can hear him.
I'm here.
I've arrived.
Hey, welcome.
Hi, how are you?
Perfect.
Yeah, perfect.
Like, I'm in the middle of the action right now, and I'm feeling so great. How are you? Perfect. Yeah, perfect. Like I'm in the middle of the action right now and I'm feeling so great.
How are you?
Good, good.
Just busy working, usual.
Okay.
If you don't mind, I'll give you the mic in a second.
Lucy, mic's yours.
Sure. I think you already disclosed our quest.
So the upcoming things is probably on next Monday.
We will have our very first quest voyage,
which is under extensive development over the weekend for you guys.
We will include the trading part, educational part,
and the social campaign part
for you guys to attend
and we will have a reward pool
up to 10k
so stay forward
stay tuned
and please subscribe
the ARK Digital
or AlphaMind socials
for the link
and if you are first uh first time to arc digital
uh please uh read through all our educational guides before we start trading because we are
ultra high leverage trading platform yeah thank you lucy and yeah before we move to the community
questions because i see like around approximately 30 or comments, and I've seen a lot of people raised here, like they requested to speak.
I believe we have a lot of questions right now.
Before we just move to the community questions part, I just want to remind to the community
that we are having not just the Twitter space, but also it's kind of a part of your, I would say, your first steps within the Sonic
ecosystem and Sonic Survival Quest, yeah?
So everyone who participated in the AMA, you can head to AlphaMind and find a specific
quest about the AMA and put in the secret words, the secret phrase we will announce by the end of the AMA, okay?
So, yeah, community question times, guys, my favorite part.
Anyone who wants to ask the question live, just raise your hand, and I'll give you the right to speak.
Meanwhile, I'm seeing one from Robin.
So here's my question.
Can you share how Sonic plans to unworld real users and projects in 2025?
Sek, I believe it's for you.
You said real users?
He said real users.
Yeah, real users. Oh, okay. As opposed to AI users? He said real users. Yeah, real users. Okay, as opposed to AI users. I think part of it is what I mentioned earlier. Our UX is extremely clean, and we're pushing to make that even better. The UX
specifically in terms of just like snappiness and web2 feel, I think that's one of the ways we're trying to entice users to use Sonic.
It's a really important aspect of building any sort of platform to make users feel like, you know, they're at home with the platform.
That's one major thing.
And then with respect to users, the first thing that comes in that equation is devs.
So you have a chicken egg
problem with devs and users. You need devs to build protocols to attract users to use them.
And so we have FeeM, like I mentioned earlier, which is fee monetization. And it's a system where
you can earn 90% of the money that your contracts generate based on usage. So like a creator economy where the creators are the devs.
And so that will bring devs to our chain,
which will then bring users to our chain.
And those two are our major growth strategies.
And there's multiple other ones, but those are focal points.
Thanks, Zach.
OK, checking the other questions we are having.
So, yeah, we have one, like,
what sets Sonic apart from other layer tools or rollups
in terms of scalability, user experience, or dev tools?
I believe you kind of touched this topic already,
but if you want to dive deeper, it would be really great.
I could talk more
about this so uh in comparison to other layer ones i mean i i try not to mention specific names of
networks just it's just not very nice to do uh but what i can do is i'll start with layer twos
so layer two is exactly what it sounds
like it's a second layer built on top of i mean most of layer twos are on ethereum even though
there are some building layer twos on like solana and stuff but most layer twos are built on ethereum
and the reason why the layer twos exist is because um ethereum has a scaling issue where ethereum
can't scale or transaction costs transaction speed a bunch
of things so l2s needed to be created so that they can handle more throughput and they could still
piggyback off of the security of ethereum and the liquidity that exists on ethereum um by doing so
you'll see such things as like you know optimistic roll-ups or like ZK rollups, where they leverage the tech of
like an intermediary bridge, whether it's centralized or decentralized to effectively
maintain this canonical relationship with Ethereum and have a way to onboard users
from their, like from their kind of source chain on Sonic, Sonic's a layer one so we don't have that problem where we need
to like have an intermediary um in in regards of like writing back the whole state of the chain
and kind of maintaining that canonical relationship that whole like ties us down to ethereum what we
have instead is like our own type of bridge which is called the sonic gateway which allows for a
canonical relationship with Ethereum,
but without the limitations of a kind of optimistic bridge. So for example, like if you're bridging
back from any optimistic L2 chain, which is there's like dozens of them, it takes seven
days for you to bridge back because of like the fraud proofs. And that's just a security mechanism
on Sonic. It takes like an hour of one
out it takes a maximum of one hour to bridge back so that allows for a lot more secure environment
um and we'll actually be making more bridge improvements in the coming weeks and coming
months to like further um uh validate the bridge and have um like actual mathematic proofs that
the bridge is safe. So that's,
that's one thing aside from that.
Like I mentioned,
Sonic is a layer one.
So the finality on Sonic is the true and final finality.
So I wrote a couple of posts in the past couple of weeks where you see a
lot of layer twos talking about like real time speed and instant finality,
whatever.
But like,
it doesn't even make any sense because if you're running a layer two locally,
the transaction is real time.
But it's not actually completed until it's completed on the layer one.
So what does that mean?
I mean, it means a lot of things like a lot of centralized exchanges, a lot of applications that you'll start to see like larger off chain applications.
They won't recognize those transactions as being final
until the actual layer one block time is completed.
So if any of you have done like a deposit from a layer two
to a centralized exchange,
you'll usually see like it's pending layer one confirmation.
That doesn't exist on Sonic.
So if you were to make a transaction on Sonic
and let's say you deposit like $10 ten dollars worth of usdc onto okx
or binance or any other centralized exchange the their single block confirmation and there is no
relying on another chain like it's fully independent so once you make a transaction
there's no reorgs it's 100 confirmed and finalized in like 500 milliseconds or less so it makes the
experience for users like globally about about moving funds and interacting with centralized
exchanges and DeFi applications, it just makes it way more smooth because you don't
need to be reliant on a layer one that's out of our control.
Thanks, Zach.
And I have also a couple of questions to you from our community. So the one from Nelly, by the way, Nelly, hey, Nelly is CEO and the one from me. She sneaked into our AMA and keeping silent like a fly on the wall. So, Zach, what AI use cases do you prioritize for 2025 and push forward within Sonic ecosystem?
So since Sonic's permissionless, we have AI builders doing all sorts of things.
But I think one of the things that we're trying to focus on is leveraging AI for UX improvement.
So for example, users that are not technical can speak in natural language to an AI or type in natural language to
an AI potentially and have it construct complex interactions with contracts for them. I think
a UX is an AI use case that is extremely powerful because, as I said earlier, UX is one of the
things that drives users to use platforms, apps, and things like that, because it just makes things feel snappy, like home, easy, all these things, and AI can enable
that really well. So I think UX is one of the strongest use cases for AI, I think, with
respect to blockchains. But also, some agents are cool if done right. So there's a lot of
those that are building on Sonic. We also have
really interesting DeFi applications that
coincide with AI that
are building as well and all different types
of stuff. But I think for me,
UX really sticks out as one of the
things that can be improved via AI.
Thanks, Zach.
And we're having a question to Stablejack.
So Drill is writing that you mentioned about the feature to long S tokens without getting liquidated. How does it work?
reject strips the yield and volatility of the collateral into two asset what it means is that
the price action meaning the volatility of the asset is reflected to a new token which we call
volatility token and the yield of the token is reflected to another token which is called yield
token so basically users are exchanging the yield and the price action of the collateral asset
so that we have leverage exposure to s without liquidation risk like how does non-liquidation
work basically like it is not a leverage contract but a token so we cannot liquidate that and since it is not technically a leverage position
but in reality it is just exchanging the uh yield and volatility there is no liquidation in that
scenario and also like the leverage is not fixed but variable so just does not
the leverage is not fixed but variable so just does not thanks table check and
sec i believe one to you like i'm seeing couple of questions regarding the binance story like
do you have any understanding what's going on like they're asking about the
understanding what's going on like they're asking about the large amount of
Sonic to finance transferring something like that is it like something real or
just a stupid spam comments I haven't heard anything about this no yeah Um, yeah, assistant, any idea?
Seems like no.
I don't know.
Just weird.
I believe it's just some spammy comments.
Yeah.
Okay.
The last question for today, I believe, and we will ramp up already.
So one from Yusuf, what's the long-term goal you want to achieve with Sonic ecosystem, Sonic Labs?
I believe it's for you.
The goal of the labs right now is to just get as many users and as much volume, transaction volume, on-chain as possible.
That's the mandate.
But in terms of the short-term steps to achieve that, you need to improve various aspects of the chain to make it enticing for users and developers to come so that the volume does increase and the transactions start flowing more. So part of that is what I've discussed already,
improving UX significantly,
developer economic incentives that are unique
and different from any other chain like VM.
And I think all of those are steps to achieving the ultimate goal,
which is really for any layer one,
it's to increase and maximize fees that are flowing through the chain.
And the way we do that is through all of these incremental steps. And I think that we've,
just from the perspective of me being an outsider only six months ago, outsider, quote unquote,
outsider, quote unquote, to Sonic, the team has really, really ramped up. It's sort of the caliber
of talent on the team. And ever since Sonic launched, like the whole, I think the face of
the foundation lab has changed significantly. And the sentiment has followed that. And you can see
it in all of our metrics, our social metrics, our TVL metrics, all of the economic metrics you have on chain.
It's quite a special thing that Sonic has going on right now.
Even when prices depress, the markets are being weird, our fundamentals continue to grow and be strong.
I think Sonic is doing extremely well, given that it has these unique differentiators in a sea of other L1s and L2s that are sort of just commodities right now and sort of interchangeable.
And so I'm extremely bullish on Sonic.
And ever since we launched the – it was the day before I joined, but I joined because I saw the potential. And now it's we, ever since we launched the new chain, it's just been a crazy, crazy ride.
And I think it's going to be really interesting in the next year or two, what happens with us versus all of the other chains that were sort of flash in the pan.
And other apps and these kinds of things that won't last multiple cycles,
whereas we've been around for a very, very long time.
Thanks, Zach.
And I believe it's time to ramp up already.
Unfortunately, I mean, I can talk hours with you guys.
It's so pleasure to have you here today and so pleasure that you found the time
and sharing the alpha and sharing information about what's going
on within the sonic ecosystem and a particular project like stable jack velvet capital arc
digital guys it's so like i'm so grateful for you and any last words for our community to
before we ramp up unfortunately yeah sign up for Sonic Summit. Say it again, soniclabs.com slash summit.
And come meet us in Vienna.
It's going to be a really cool event.
And we have a ton of people coming already,
really cool speakers.
Professor Bernard Schultz will be there as well,
one of the developers of the unique consensus.
He's our chief research officer, and he developed the unique consensus. He's our chief research officer,
and he developed the unique consensus behind Sonic.
So he'll be speaking there,
and there's going to be really, really cool and exciting stuff happening there.
So soniclabs.com slash summit, sign up.
Thanks, Ag.
And yeah, guys, don't forget about the Sonic Survival Quest we're having.
Don't forget about joining and earning the rewards,
understanding the fundamentals,
and basically meeting new cool projects within the cool ecosystem,
within this shitty market, as we call it.
Don't forget to head to AlphaMind.
Sonic Survival Quest is waiting for you.
Up to 10k rewards are waiting
for you there. Stable check the mic is yours.
Thanks to everyone for participating. It was also again an enabler a great spaces and
see you next time.
Thanks guys.
Arc Digital, Lucy, mic is yours.
Stay tuned on Monday's quest, and I will see you there.
So yeah, and the secret phrase for our quest is Sonic Labs without any spacing.
Sonic Labs.
Thanks, guys, and see you the next time within the next space and see you on the sonic
survival quest 10k rewards are waiting for you bye guys thank you for everyone
