Sonic Unveils Validator Program To Decentralize Its Solana SVM Chain Extension
The post Sonic Unveils Validator Program To Decentralize Its Solana SVM Chain Extension appeared on BitcoinEthereumNews.com.
SVM chain extension Sonic has announced the creation of a validator program that will play a vital role in decentralizing the network. In the process, it will incentivize validators by rewarding them for their performance in helping to strengthen the first-of-its-kind Solana chain extension. To bootstrap its new validator program, Sonic has already onboarded a number of ecosystem partners including Restake, Stakin, and Adrastea. They’ll provide the liquidity and validator expertise to kickstart network validation and provide a strong foundation for other players to follow suit. This will create an environment for development on Sonic to flourish as its first games and applications come to life. One Network, Two Incentive Models A dual-system incentive structure has been created to ensure that rewards are sufficiently attractive to bring quality validators to Sonic, but also sustainable enough to support long-term growth. Validators will have two options at their disposal in the form of a self-staking model or a delegation-based alternative. Infra providers that choose the former option on Sonic SVM will retain greater control over setup and revenue sharing. Under the terms of the new program, validators can elect to set a commission rate of 0-20% for retail delegations and gas fee sharing. This will provide an additional revenue stream for validators while creating a healthy marketplace between validators, and will simultaneously increase decentralization by allowing retail delegators to select their preferred provider. Sonic Seeks High-Performance Infra While decentralization is a primary goal, and thus a broad choice of validators is desirable, Sonic’s network has been optimized for performance. It’s thus intent on onboarding major validators, particularly those that are already within the Solana ecosystem and that have a long-term interest in contributing to its growth. The new validator program offers performance-based reward distribution, ensuring that validators are incentivized to maximize uptime…
Filed under: News - @ May 22, 2025 9:24 pm