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Introducing #Soneium by #Sony Block Solutions Labs building a public Ethereum layer 2 next-generation blockchain ecosystem designed to invoke emotion and empower creativity. Soneium aims to connect Web3 with everyday internet services, making blockchain technology more accessible to users globally. Go Mainstream with Soneium #GMwithSoneium 💿 Learn more:

1,575,504 views • 2 years ago •via X (Twitter)

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Every onchain action contributes to Soneium Score. Only a select number of DeFi projects are integrated in Season 1. Aave - A trusted liquidity protocol enabling decentralized lending and borrowing. Users can supply assets. Untitled Bank 【 💿 】 - Permissionless, modular lending platform focused on composability. Users can engage in on-chain lending. Kyo Finance 💿 - Innovative on-chain liquidity strategies via tools like the Pool Wizard. Users can participate in the pools. Morpho Labs - Yield-optimization vaults focused on efficiency. Users can deposit into curated vaults. QuickSwap 🐲 DragonFi 2.0 - Next-gen decentralized trading on Soneium. Users can swap and provide liquidity. Sake 💿 - Yield-generating liquidity pools with advanced strategies. Users can do continuous deposits. SoneFi - Streamlined DeFi lending and borrowing within the Soneium ecosystem. Users can supply liquidity. SONEX 💿 - Native derivatives exchange offering perpetual futures. Users can trade perpetual contracts. Steer Protocol | 🐂 - Automated liquidity management across Kyo & QuickSwap. SynStation 💿 - Optimized pools for liquidity provision. Users can participate with an efficient strategy. Uniswap - The leading decentralized exchange protocol. Users can swap assets seamlessly on-chain. (Recognized as a top DEX by volume) Velodrome - The central trading and liquidity marketplace on Optimism. Users can engage in swaps and liquidity provision. waveX 🌊 - First liquidity pool–based perpetual DEX on Soneium. Deep liquidity and yield via deposits and trading.

Soneium 💿

29,847 views • 1 year ago

What is Shiba Inu’s Shibarium? Shibarium is the Layer 2 network built around the Shiba Inu ecosystem, designed to make transactions faster and cheaper than using Ethereum directly. Shibarium moves much of the activity away from Ethereum while still using Ethereum as its underlying settlement layer. SHIB itself remains an Ethereum-based token, separate from Shibarium, which is a distinct chain built to support the wider ecosystem. (1) It is designed to reduce transaction costs for Shiba Inu users and developers, making frequent onchain activity more practical. (2) It gives developers a dedicated network for building Shiba Inu ecosystem apps, including DeFi protocols, games and other Web3 applications. (3) ethereum:0x9813037ee2218799597d83d4a5b6f3b6778218d9 serves as Shibarium's gas token, its governance token through the Doggy DAO, and the asset validators and delegators stake to secure the network's proof-of-stake consensus. (4) Shibarium is also designed to expand the utility of the broader Shiba Inu ecosystem by moving activity beyond simply holding or trading $SHIB. (5) A portion of Shibarium's base transaction fees is converted into SHIB burns, an active mechanism running since block 6,206,570 that links network usage directly to SHIB's supply. Shibarium is the infrastructure layer intended to support a broader ecosystem of applications and onchain activity. As adoption grows, the key question will be whether Shibarium can turn its large community into sustained network usage.

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21,642 views • 1 month ago