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fly.trade is launching $FLY on Sonic

  • The Fly.trade ($FLY) token generation event (TGE) will officially launch on Sonic on June 6th at 1pm UTC, with support from Binance Alpha and Kraken.
  • Fly.trade's native token, $FLY, offers a next-generation token model that rewards traders, stakers, and protocols with volume-based rewards, emissions, reduced slippage, revenue share, and more.
  • The $FLY tokenomics follow a ve(3,3)-inspired model geared towards an aggregator-first protocol, where xFLY allows users to earn rewards from every trade.
  • Fly.trade, previously known as Magpie Protocol, serves as a liquidity aggregation and trade execution protocol in the Sonic ecosystem, offering simplified cross-chain DeFi, seamless swaps, optimized routing, and one-click staking across 19+ chains.

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