Sonic Labs Launches Points Program to Boost DeFi Growth and User Rewards

ChainwireSonic Labs has launched a points program to incentivize users and stimulate DeFi growth on Sonic. The program offers three types of points: passive points for holding whitelisted assets, activity points for deploying assets as liquidity, and app points for developers. Whitelisted assets include scUSD, USDC.e, and scETH, with boosted multipliers in the initial phases of the program. Sonic's Rings protocol also plays a role in the liquidity strategy, generating yield for users and supplying DeFi apps with a stable inflow of liquidity. The Sonic points dashboard provides a comprehensive platform for users to track their points, participating apps, and referral codes. Overall, Sonic's multi-layered incentive system and high-performance infrastructure position it as a premier DeFi hub.