Sonic TVL Surpasses $1B Milestone with Strong Monthly Inflows

Equalizer has introduced direct $USSD minting on Sonic, aiming to create a network-level flywheel effect for the chain's performance. **Key Features:** - Uses the same secure minting process as Fraxnet - Adds fresh USDC to USSD capacity - Enables zero slippage for large trades - Strengthens Sonic's network-level buybacks The process is slower than standard swaps but offers improved accessibility and supports the chain's overall health. USSD (US Sonic Dollar) is built on the Frax Finance stack with frxUSD as its institutional-grade base asset. Equalizer previously whitelisted USSD on March 10, marking the beginning of their collaboration with Frax Finance to support USSD adoption across the Sonic ecosystem.

**Equalizer Protocol continues delivering strong performance** with APR exceeding 100%, up from the previous week. The protocol's flywheel mechanism is functioning as intended, directing fees and bribes back to veEQUAL token lockers. **Key metrics:** - APR remains above 100% - Consistent fee and bribe distribution to veEQUAL holders - Weekly epoch system maintaining steady yield flow The protocol's design focuses on sustainable growth through its vote-escrowed token model, where locked EQUAL tokens receive protocol revenues. This creates an incentive structure that aims to compound returns for long-term participants. The team emphasizes the system is operating according to its original specifications, with the flywheel effect showing signs of acceleration as more participants engage with the voting and locking mechanisms.

Equalizer has achieved significant milestones in managing $EQUAL token emissions: - **Reverse Rebase**: 2% weekly emission reduction since epoch 34, preventing 1M+ $EQUAL from entering circulation - **Tail Emissions**: Now emitting only 9,300 $EQUAL weekly with 0.1% reduction per epoch - **Sustainable Economics**: Fee generation exceeds emission rate Recent performance metrics: - Daily volumes steady at $6-8M - Fee efficiency reaching up to $2000/hour - Weekly rewards tracking $75,000+ for voters The protocol demonstrates sustained growth while maintaining token scarcity through controlled emissions.

The migration of EQUAL assets to Sonic chain has begun. Key points: - Users receive non-transferable receipt tokens upon migration - Voting temporarily disabled until next epoch if Sonic isn't live - NFTs that voted must wait until next epoch to migrate - Migration available at migration.equalizer.exchange Important reminders: - 1:1 token swap ratio - Claim all pending rewards before migrating - $2M cap on LP migration - Smart contracts/multisigs not supported Migration window closes before Sonic launch. Check FAQs and Discord for updates.