Sonic SVM’s Airdrop Plans: Rewards for Solayer Delegators Amid Liquid Staking Boom

Sonic SVM, the trailblazing Layer 2 solution on Solana (SOL), is gearing up for an exciting token airdrop aimed at rewarding users actively involved in its Actively Validated Service (AVS). This initiative aligns with a significant surge in interest surrounding liquid staking protocols (LSTFi) within the Solana ecosystem.

Rewarding Delegators Through AVS and Beyond

Sonic SVM has announced its upcoming token airdrop for users who delegate SOL or Liquid Staking Tokens (LSTs) to its AVS platform via Solayer. Eligible participants include both direct delegators and users leveraging restaking protocols like Adrastea, which routes contributions to Sonic’s AVS.

To capture all qualifying delegations, a wallet snapshot is scheduled before Sonic’s Token Generation Event (TGE) in Q1 2025. This ensures early supporters are recognized and rewarded for their participation.

Chris Zhu, CEO of Sonic SVM, highlighted the importance of this initiative:

"This airdrop celebrates our community’s unwavering support. By rewarding Solayer delegators and Adrastea participants, we’re fostering broader engagement while acknowledging those who’ve shared in our vision since the beginning."

With over $80 million in SOL delegated across 81,000 wallets, Sonic’s AVS represents the largest contributor on Solayer, setting the stage for what promises to be a record-breaking airdrop.

Liquid Staking Fuels Solana's $2B TVL Milestone

Solana’s liquid staking sector continues to soar, reaching a $2 billion Total Value Locked (TVL) in December 2024. Solayer alone contributes $360 million, solidifying its position as a cornerstone of the ecosystem.

By offering liquidity access through Liquid Restaking Tokens, delegators can explore opportunities in decentralized finance (DeFi) across platforms like Banx, Orca, and Meteora, with additional integrations on the horizon.

Sonic SVM’s streamlined approach via Solayer and Adrastea aims to simplify tracking contributions while enhancing rewards for users, ensuring the Solana restaking ecosystem remains dynamic and rewarding for participants.

This upcoming airdrop is not just a reward—it’s a milestone in Sonic’s journey, symbolizing its role in the evolving landscape of decentralized finance on Solana.