# 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