Sonic Boom was a bounty initiative where developers earned points for creating innovative applications on the Sonic platform. These points could be redeemed for an airdrop of Sonic Gems. Up to 30 top projects were awarded these Gems, which they could then use to distribute $S tokens to their users as rewards for engaging with their applications. This strategy not only incentivizes development but also helps projects maintain and grow user engagement over time.
SwapX triumphed in the Exchange Category of the Sonic Boom Competition's Sapphire Tier!
As a result, we've been awarded gems. These gems serve as developer points within Sonic's approximately 200 million $S airdrop, where apps accumulate points based on their performance on Sonic. The gems can then be converted into $S tokens, which we will distribute as rewards for our users.
