The DeFi father Andre Cronje's actively developed public chain Sonic has seen its total lock-up value ( TVL ) rise to $850 million in less than four months since its launch, with an 83% increase in the past month, becoming a hotspot for Liquidity Mining and a fertile ground for DeFi innovation mechanisms. For example:
Shadow's x(3,3): A brand new Token economic mechanism
Flying tulip: Introduction of an AMM model based on dynamic volatility adjustments
Rome Protocol: Dual staking mechanism and Proof of Burn (
Now, Magpie founder Ali Raheman is also bringing the innovative Token economic model of FLY )3,3( into the Sonic ecosystem, with its public sale of the token $FLY set to launch on May )22(. How does this project actually operate? Let's dive deeper together.