Sonic Bounty Program
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Not set
S
Expected profit
S
S
Max participants
∞
No limit
DropsEarn score
Neutral
Normal, Low Risks
Details
Sonic Gems
Sonic Gems are points that users can earn as part of our 190,500,000 S airdrop, with 37.5% of the total airdrop allocated to holders of Gems.
The Sonic Boom bounty program is the first initiative where developers can secure an allocation of Gems.
Sonic Boom
Sonic Boom offers up to 30 winning projects an allocation of Gems as bounties for developing innovative apps across a variety of categories that you can find in the next section.
These Gems act as points in the airdrop that projects can distribute to users as rewards for using their apps. This approach helps projects bootstrap and sustain user activity by incentivizing usage.
Sonic Gems represent a meritocratic system designed to empower apps in distributing rewards as part of the airdrop, making them an essential tool for developers aiming to make an impact on the Sonic network.
Sonic is allocating a substantial amount of Sonic Gems to the winning apps of this program, recognizing up to 10 winners across three tiers:
- Emerald: Awarded a mountain of Gems
- Sapphire: Awarded a substantial amount of Gems
- Ruby: Awarded a fair amount of Gems
Bounty Program Categories
The Sonic Boom program covers a wide range of categories, encouraging diverse and innovative applications. Multiple winners can be selected in each category, so whether you’re into lending protocols, NFT markets, or gaming, there’s a spot for you.
Here are the key categories:
- Lending: Simple lending markets, isolated lending markets.
- NFT: NFT lending markets, points trading markets.
- Tooling: Vote incentive markets, liquid locker protocols.
- Payments: Debit cards supporting S and USDC.
- Stablecoins: CDP stablecoins, yield-bearing stablecoins, RWA-backed stablecoins.
- Yield: Fixed yield, yield aggregators, cross-chain yield tokenization.
- Gaming: Prediction markets, single-click games, gamified NFT games.
- Exchanges: Perpetual markets, options markets, AMMs, CLOB exchanges.
- DePIN & AI: Wireless networks, energy grids, computation, storage.
- Community Movements: Brand ambassador campaigns, user-engagement campaigns.
Bonus Opportunities
Sonic is also offering extra rewards for Sonic builders who incorporate the following into their projects:
- Gas Monetization: Participate in the improved Gas Monetization program, which could become a significant revenue stream for your app.
- Safe: Use SAFE's tools, such as multi-signature security, backup and recovery protocols, and other DeFi compatibility features.
- Sonic Native: Build your app exclusively on Sonic.
Assessment Criteria
Applications are judged on uniqueness, usability, and potential to drive user adoption on Sonic.
- Concept: Is the idea captivating and valuable to users?
- Execution: Is the project executed with excellence?
- Impact: What is the broader impact and sustainability of the project?
- Points Strategy: How effectively will the application use Sonic Gems to bootstrap success?
Winning projects must deploy on the upcoming Sonic testnet with a live, interactive frontend and launch on Sonic within 7 days of its mainnet launch.
Links
About
Sonic has unveiled Sonic Boom, a bounty program for the Sonic network, and the introduction of Sonic Gems, points in S airdrop. This initiative is set to drive early growth on Sonic by attracting top-tier projects and fostering the development of essential applications within the ecosystem.
Activity Type
Registration
Open
When Reward:
4th November 2024
Event Status