Why are we moving to Sonic

CrossCurve is moving to Sonic

We have made a strategic decision to migrate CrossCurve's hub chain from Fantom (FTM) to Sonic. This is not just a network change - it’s a transition to a new level of speed, efficiency, and possibilities. Let's explore why Sonic is the optimal choice, what benefits it brings to users, and how this step will shape our future.

Why are we moving to Sonic?

1. Game-changing speed

Sonic dramatically accelerates blockchain operations. The average transaction finalization time is just 720 milliseconds.

For comparison:

• Ethereum — ~12 seconds

• Fantom Opera — ~1-2 seconds

This makes Sonic one of the fastest EVM-compatible blockchains. In DeFi, speed is critical: minimal latency reduces arbitrage risks, improves liquidity conditions, and enhances user experience.

Sonic brings blockchain interactions closer to Web2 performance—transactions process instantly, while fees remain minimal.

2. An economic model that rewards projects

Most blockchains either burn fees or direct them to network funds. Sonic takes a different approach:

• Up to 90% of fees are returned to developers

• Projects generate sustainable revenue without raising fees

• Liquidity is redistributed to benefit everyone: users, developers, and token holders

The more activity in the network, the higher the protocol revenues and user incentives.

3. Simple migration and ecosystem support

Sonic is an evolution of Fantom’s technology but with enhanced features.

What does this mean for projects?

• Easy migration — smart contract code requires minimal changes

• $120M support fund — Fantom has allocated grants to migrate dApps to Sonic

• Major centralized exchanges have integrated automatic FTM → Sonic (S) swaps

We gain all the advantages of the new network without losing functionality or liquidity.

Why is Sonic better than other blockchains?

1. ve(3,3) Flywheel: a powerful tokenomics model

Sonic’s economy is built on the ve(3,3) concept, which incentivizes staking, liquidity, and long-term token holding.

This model has already proven successful in Curve, Solidly and Velodrome, creating a sustainable DeFi cycle.

2. Leading DeFi projects are moving to Sonic

Sonic has already attracted top players, including:

• AAVE — a leading DeFi protocol managing $10B+ in assets

• Curve — the largest stablecoin exchange platform

• Solidly and other major DeFi projects — key players in the industry

This means liquidity and users are already migrating to Sonic, making participation in this ecosystem strategically important.

3. Full Ethereum compatibility

Sonic supports EVM, making it fully compatible with existing Ethereum and Fantom smart contracts.

А Sonic Gateway — a native bridge enabling secure asset transfers between Ethereum and Sonic without reliance on centralized solutions.

Conclusion

CrossCurve’s transition to Sonic is not just an upgrade - it’s a leap forward in technology.

What are the key benefits?

• 720ms transactions — faster than any other EVM blockchain

• Up to 90% of fees returned to developers — projects earn more

• Seamless migration with $120M support — transition risks minimized.

• Top DeFi projects onboarded — Sonic’s ecosystem is growing rapidly