The Fantom (FTM) to Sonic (S) Token Migration is Complete and Now Available on Mudrex! – 17/01/2025

FTM to S rebrand

Mudrex is excited to announce that the Fantom to Sonic (S) token migration and rebrand is now complete and available on Mudrex! All FTM holders have had their tokens automatically swapped to $S at a 1:1 ratio. 

About Sonic

Sonic, formerly known as Fantom, is a next-generation Layer 1 blockchain designed to offer high speed, security, and scalability for decentralized applications (DApps). Launched in 2024, Sonic aims to address the limitations of its predecessor, Fantom Opera, by providing a more efficient platform capable of processing up to 10,000 transactions per second (TPS) with sub-second finality. This performance is achieved through a Proof-of-Stake (PoS) consensus mechanism and a Directed Acyclic Graph (DAG) structure that enhances transaction throughput and reduces congestion issues 

Learn more about Sonic here – Whitepaper | Official Website | X

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