Sonic Gems
Last update: Jan 2025
Sonic Gems are developer-focused airdrop points designed to reward apps for driving user engagement and innovation. These Gems can be redeemed for S tokens, which apps can then distribute as rewards to their users.
As Sonic Boom winners, we receive both pre-allocated gems and gems earned by our project during the season.
We distribute ALL 100% of the received Sonic Gems to our users.
Gems are distributed depending on the user's earnings in vaults in each of Yield Contests, which take place from January 16, 2025 to June 18, 2025. Totally will be minted 10 000 000 sGEM1 in 11 bi-weekly contests.
We distribute Gems of the first season in form of the liquid wrapper token sGEM1. sGEM1 can be traded in sGEM1/scUSD CL pool on Shadow Exchange.
In June 2025 holders of sGEM1 be able to swap it on S, when 1st Season ends.
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