X @Ignas | DeFi

Fantom to Sonic migration should be a case study for every L1 and L2 team.$S is down 90%, from $1 to $0.12, and TVL followed the same destiny.On paper, Sonic had a solid playbook:- 200M S for airdrops to attract users- $120M migration program to attract builders and liquidity- 90% of gas and fee sharing to App devs- 400k TPS, sub-400ms finalityObviously, it failed (?)I haven't seen anyone talking about S on my timeline. I have long bridged out of Sonic myself.Personally, I was bullish on S but quickly reali ...