Written by: WOO
The market has been in a narrative vacuum recently, the memes have stopped, and the activity on the Solana chain has dropped sharply. Most altcoins have dropped by more than 80% within three months, but there is still a public chain with TVL growth of more than 130% in one month, ranking first in all public chains, that is Sonic.
What are the activities of Sonic recently? What key projects are worth paying attention to? Let WOO X Research take you to see!
Reference: Defilama
What is Sonic? What is the recent airdrop activity?Sonic's predecessor was Fantom, which was launched in 2019. It focuses on DeFi and dApps. It was a hit from 2021-2022, and its peak TVL reached about 8 billion. In 2022, AC announced its temporary withdrawal from the DeFi industry, and the market's confidence in Fantom declined; in July 2023, a loophole occurred in the cooperative cross-chain bridge Multichain, and stablecoins (USDC-MULTI, fUSDT-MULTI, etc.) issued by the bridge contract on Fantom were significantly deaned, affecting the stability and trust of the entire ecosystem. Against this background Fantom proposes to upgrade to Sonic.
Sonic announced that it will issue S tokens with a total of 190.5 million, and the reward mechanism for these tokens is divided into two parts: 25% of the rewards can be withdrawn immediately, while the remaining 75% will be released gradually in the form of tradable NFTs. Users can obtain qualifications through two ways:
Points (for network participants)
Gems (for developers). The return potential of these pathways may far exceed that of general speculative airdrops.
Sonic Points are user-oriented airdrop points, divided into passive points and active points. Money in Web3Passive points are obtained when holding whitelist assets in the package, and active points are obtained when deploying whitelist assets in the application; WETH, SolvBTC, and SolvBTC.BBN can only obtain active points. The income from active points is twice as good as passive points.
Sonic's popular project SheepCoin (@SheepCoin69)Reference: @SheepCoin69
Sonic Wolf Sheep Game is a strategic gaming ecosystem that combines blockchain asset management, NFT mechanisms and DeFi protocols. Players can build their own advantages and gain profits by purchasing, minting, protecting and attacking assets.
1. Purchase Sheep Coin: Players can use $S to purchase Sheep Coin at a 1:1 ratio. During this process, 95% of Sonic Tokens will be provided to Sheep Coin as liquidity. After it goes online, Sheep Coin can be traded freely.
2.Cast Wolf NFTs: Players can use Sheep Coin and $S to cast Wolf NFTs. The cost of each casting will increase with the number of times (the 1st only requires 1 Sheep, the 2nd only requires 2 Sheep, and so on), and all Sheep Coins used to cast will be permanently destroyed. This means that each casting reduces the total supply.
3.Wolf NFT mechanism Wolf NFTs are attacking assets in the game. Their behavior patterns are as follows:
Each Wolf needs to eat sheep every day, and the consumption increases with the number of days (1 on the first day, 2 on the second day, and so on).
If Wolf does not eat Sheep for 7 consecutive days, it will become unusable (presumably unable to generate revenue or participate in the game).
Wolf can eat in two ways:
Flow pool: If from the flowEat Sheep in the dynamic pool, 100% of Sheep will be destroyed. Each Wolf can only be eaten from the liquidity pool at most 3 times.
Wallet (own or someone else's): If you eat Sheep from your wallet, 25% of Sheep will be given to the Wolf owner, and the remaining 75% will be destroyed.
4. Shepherd Dog Protection Mechanism: Players can save their Sheep into Sheep Dog for protection. To remove, the player must activate "Sleep Mode", wait for 2 days and pay the handling fee.
5. Sheeps stored in Sheep Dog Reward Mechanism can receive S rewards through annualized rate of return (APR). In addition, the handling fee paid by the player when withdrawing the assets will also be part of the reward.
The following is an interpretation of the game
Core concept: Through "wolf eating sheep", the sheep continues to deflate, thereby pushing up the currency price
Although the number of sheep will gradually decrease, the Sonic Tokens configured in the liquidity pool will not decrease, which means that the value of holding sheep has a chance to rise steadily. However, players still have to bear the risk of being attacked by wolves.
About wolf: high cost, high risk, but also potentially high returns
The casting cost of wolves will gradually increase due to different casting orders, and whether they can make a profit depends largely on whether they can eat the sheep of other players. If a wolf is unable to eat for a long time or the wolf is starved to death, it may lead to investment failure.
If a large number of wolves appear on the market at the same time, the battle to seize sheep will become more intense; but if the number of wolves is limited, the speed at which the sheep is destroyed may not necessarily support the wolf's quick profit recovery.
Shepherd: Maintain daily rent in exchange for safety and additional benefits
A fixed 10 S are required per day as rent, and 95% of them will be given back to everyone as APY. If the amount of sheep in hand is too small, it will be difficult to make a profit; but if the number of sheep is sufficient, the protection sheep will appreciate over time.
The shepherd dog exists to avoid sheep being eaten and to make additional profits from the sheep that continues to increase in value.
Game question 1: Is it worth investing in casting a wolf?
The wolf's casting fee is competitive among players. The sooner you grab the casting, you can gain an advantage, but at the same time, the fierce competition and high costs must be considered.
Wolf's eating strategy is crucial: rapid eating in the short term can accelerate the return of money, but it can also cause the wolf's demand for sheep to soar rapidly. If the eating rhythm is slow, although it can extend the wolf's survival and activity space, it will take longer to recover.
Because sheep will gradually appreciate due to deflation, the income of eating a sheep in the later stage may not be worse than the previous stage, so "when to eat" is a major strategic consideration.
Game question 2: Do you want to rent a shepherd dog?
No matter how many sheep a player has, he or she will have to pay the same rent. If you have to make this rent back by relying on APY, it will take a relatively large amount of sheep to spread the cost.
The essential function of a sheepdog is to ensure that the sheep are not eaten by wolves, and at the same time enjoy the advantage of the price increase of sheep coins.
Possible situations and corresponding strategies
Because the cost and uncertainty of wolves are high, there may not be a large number of players rushing to cast wolves; when wolves are relatively rare, the sheep are destroyed slows down, and the wolf's profit cycle may be delayed.
If everyone chooses not to use a sheepdog, they may disperse the sheep into multiple wallets in an attempt to reduce the risk of being locked attacks.
There is no fixed "best solution" in the game, because the market and player actions will change at any time; to ultimately make profits, you need to continue to pay attention to ecological dynamics and flexibly adjust your strategies.
Petroleum Finance(@Petroleum_Defi)Petroleum City is a blockchain game with the theme of oil extraction. Players use Pumps to refine crude oil (cOIL) andConvert to tradable $OIL for profit. The following are the core mechanics of the game:
1. Buy a plot
Every player can purchase and customize his own plot to build an oil empire.
The plot can increase production capacity by adding pumps, decorations, etc.
2. Buy some Pumps
Pumps are the core production tool of the game, and each Pump will continue to automatically produce cOIL (crude oil).
Pangpu can be upgraded to increase production, but it will gradually decline over time (Decay), and it requires cOIL for repair to continue production.
3. Add decorations
Players can decorate plots to enhance their appearance and personal style.
Proposal for new decorations can be made through the App or Discord.
4. Refine your $cOIL (Refine your $cOIL)
The output cOIL must be refined by a "refinery" before it can become a tradable $OIL.
The lock-up period and tax rate for refining are as follows:
0 - 1 day: It is impossible to withdraw.
1 - 2 days: 10% tax is required for withdrawal.
2 - 3 days: 5% tax is required to withdraw.
Above 3 days: tax-free withdrawal.
The longer the refinement time, the higher the profit.
Test and recommendations
Ensure continuous production: Keep enough cOIL for repairing pumps to avoid interruptions in oil production.
Optimize refining strategies: Try to wait until 3 days to withdraw $OIL to avoid being charged high taxes.
Upgrade and decoration balance: At the same time, improve the production capacity and decoration effect of the Pangpu and increase the overall output.
Petroleum City takes "Production of cOIL → Repair of Pangpu → Refining into $OIL → Repeat investment and upgrade" as its core cycle. Players need to reasonably plan production, refinement and upgrade strategies in order to obtain profits steadily and expand assets.