Enso Powering Sonic Points on Royco with ~200M in $S Up for Grabs
Sonic’s DeFi ecosystem is accelerating, and Enso is now live to fuel the next phase of growth. Through our parntership with Royco, Enso Shortcuts are powering the Royco Markets on Sonic, enabling seamless deposit routing and efficient market creation. With around 200M in $S incentives up for grabs, Enso ensures that users and protocols can engage effortlessly, for new ways to earn and participate.
What is Sonic?
Sonic is a high-performance EVM Layer 1 blockchain. As one of the fastest-growing blockchain networks, Sonic is attracting liquidity and builders alike.
To accelerate growth even further, Sonic has launched Sonic Season 1, its inaugural incentive campaign, distributing approximately 200,000,000 $S in rewards. Sonic has partnered with Royco to make it easier for users to earn and compare $S incentives and additional "gems" across applications, with Enso as the infrastructure powering DeFi execution behind the scenes.
Enso is Now Live on Sonic
We’re excited to announce that Enso is officially live on Sonic! Developers on Sonic can now leverage Enso’s infrastructure to streamline interactions, making it easier to integrate various protocols and automate complex transactions. Whether it’s liquidity provisioning, yield optimization, or structured DeFi strategies, Enso provides the shortcuts to build and execute faster than ever.
What is Royco?
Royco is pioneering a new way to distribute liquidity incentives. Instead of traditional token emissions or inefficient farming models, Royco allows protocols to launch custom markets that incentivize users to bring liquidity onchain. These markets create an open, transparent, and efficient way for projects to attract and sustain liquidity.
Sonic has integrated Royco’s markets to distribute $S incentives effectively, allowing users to participate and maximize their rewards. By leveraging Enso’s infrastructure, Royco has been able to spin up incentive-driven markets on Sonic with unprecedented speed and efficiency.
Enso is Powering Royco Markets on Sonic
Royco is redefining how liquidity incentives are distributed, and Enso is at the core of making this vision a reality. By integrating Enso’s infrastructure, Royco has been able to launch markets with the following protocols:
…and more are coming soon! Explore the live markets here: sonic.royco.org.
What Enso Enables for Royco on Sonic
The Royco team leverages Enso to simplify market creation and liquidity routing. Here’s how it works:
- Instant market deployment: Enso’s infrastructure allows Royco to quickly launch markets by handling the necessary integrations with underlying protocols.
- One-click deposits: Users can enter markets with a single transaction, taking care of all intermediary steps. For example, in the Rings market, Enso takes care of minting scUSDC and staking it in one go.
- Protocol integrations: Enso continuously adds support for new protocols, making it easier for liquidity incentives to be distributed efficiently.
Why This Matters
Royco is pioneering a new way to distribute incentives, ensuring liquidity flows effectively to the right places. By using Enso’s infrastructure, Sonic can efficiently distribute $200M in incentives while reducing friction for users and protocol teams alike. This marks another major milestone where a leading blockchain ecosystem entrusts Enso to handle significant liquidity flows.
The Bigger Picture
- Faster, smarter incentives: Royco and Enso together enable more efficient incentive distribution and liquidity acquisition.
- Expanding Sonic’s ecosystem: With Enso powering Royco Markets, Sonic is set to attract more liquidity and users.
- Streamlining UX: Enso removes complexity, allowing users to participate in DeFi with ease.
Get Started
Enso is just getting started on Sonic. Stay tuned as we continue to roll out new integrations and expand the possibilities for builders!