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Sonic Labs, formerly known as Fantom, has announced the launch of its Sonic chain testnet, which achieved a record transaction finality of 720ms. The company is also introducing credit scores for digital wallets without requiring KYC (Know Your Customer) verification. This initiative aims to disrupt the global $11 trillion lending market. Andre Cronje, the CTO of Sonic Labs, revealed these developments as part of the company's strategy to redefine blockchain speed and efficiency. The rebranded project, 0xSonicLabs, is set to make significant strides in the blockchain industry.
Welcome to this week’s DeFi Digest! Stay ahead of the curve with the latest trends and innovations shaping the future of Web3. Brought to you by Pyth Network, powering real-time data solutions across digital finance. Here’s what’s new 👇 https://t.co/7H5Re3Icg9
Rebranded Fantom Project, @0xSonicLabs, Set to Redefine Blockchain Speed With 720ms Finality https://t.co/0zzWTTiPaA
This week's DeFi news👇 Sonic (formerly Fantom) has launched the Sonic chain testnet. The network achieved a record transaction finality of 720ms Osmosis introduced Polaris, a single interface for trading all tokens across all chains Injective introduced the first tokenized… https://t.co/Y021Dy8VPb
