SonicBank Committed to Becoming the Gateway for Cryptocurrency investors to Become Network Owners
Jul 11, 2022
Ireland - July 11, 2022 —
SonicBank is an innovative platform for Ethereum staking, offering the highest yields in the industry, security and end to end traceability of user funds 
With the announcement that Ethereum is about to adopt the proof-of-stake model, overcoming the energy-demanding PoW model, investors have a lot to look forward to. Staking Ethereum will be the only way to acquire new ETH when the blockchain enters its second stage called “Merge” (Eth 2.0).
SonicBank is a new platform for Ethereum staking, offering unparalleled ethereum yields. Currently operating five validator nodes running around the clock.
What separates SonicBank from contemporary ETH staking platforms is its laser focus on providing the best Ethereum staking platform. According to the company’s spokesperson, SonicBank is on a mission to reshape the landscape of Ethereum staking by providing quality services at minimal fees, stating:
“Leading platforms take 10% - 60% cut in staking rewards. We intend to disrupt this model by taking lower fees and returning both propagation and transaction rewards to our customers. Ethereum staking is all we do and building the perfect platform to enable it for everyone” said SonicBank’s spokesperson.
Security is one of the most important benefits SonicBank’s customers can leverage. Before founding the company, its creators have designed the strongest firewalls and implemented an array of cybersecurity measures to ensure the ETH coins of the company’s clients are safe at all times. SonicBank’s spokesperson continued:
“We started SonicBank by putting our own funds and Ethereum on the line first. Security is baked into the platform by following best industry practices. All our nodes are behind firewalls and have restricted access with all events logged for traceability.”
SonicBank is among the early adopters of the Ethereum PoS model, offering a staking product before the Ethereum 2.0 is even launched. Although the official date is left to speculation, it is estimated that Eth 2.0 will be launched sometime between August and September.
SonicBank is adequately prepared for the new iteration of the Ethereum blockchain. The company will create special validator nodes and provide means for its customers to capture high yields.
More information about SonicBank is available on the platform’s official website.
Contact Info:
Name: Max
Email: Send Email
Organization: SonicBank
Address: Ireland
Website: https://www.sonicbank.io
Release ID: 89077946
If you detect any issues, problems, or errors in this press release content, kindly contact [email protected] to notify us. We will respond and rectify the situation in the next 8 hours.
More News
Midterms Could Shift Focus of Epstein Abuse to Banks’ Role
With an eye on retaking control of Congress, Democrats are introducing a bill that would hold banks accountable for their handling of Jeffrey Epstein’s finances.
What Is Starshield, SpaceX’s Military-Grade Satellite Internet Service Ukraine Relies On?
For years, Ukraine’s armed forces have relied on satellite communication services developed by Elon Musk’s SpaceX. Recent restrictions have hampered its war effort.
Energy Dept. Issues Emergency Order Amid Above-Average Temperatures
The order as a precaution allows grid operators to use backup generation this week. There were no widespread outages reported.
Healey says surprise UK growth is 'sign of resilience' ahead of Budget
The economy grew by 0.1% in August, defying analysts' expectations of a slight contraction.
Shook Research Changes Name to Veritant After Forbes Scandal
The company, known for its rankings of wealth advisers, sped up a rebranding after its founder acknowledged a secret $6 million payment to the top editor of Forbes.
The Fallout From the ‘Neocloud’ Wipeout
Investors are newly worried about the health of artificial intelligence infrastructure companies like CoreWeave. That’s weighing on the wider A.I. industry.
Tesla Debuts 2026 Roadster, an EV Sports Car at Least $200,000
Elon Musk’s company and other automakers, like Jaguar and Bentley, are trying to sell very expensive electric cars to people who usually prefer gasoline-fueled luxury and performance.
What Allegations of Spying at OpenAI Mean for the A.I. Industry
The arrest of an OpenAI employee accused of planting a bug in an office of the artificial intelligence giant flags another concern for the industry.
AI giant Anthropic woos potential investors ahead of stock market debut
It comes as some investors have become concerned about the amount of money being spent on AI infrastructure.
Families of Sailors Killed in Iran War Struggle for Compensation and Closure
Attacks near the Strait of Hormuz have claimed the lives of at least 25 seafarers. Their survivors are reeling.
Chinese Carmakers, Once a Sideshow, Take Center Stage at Paris Motor Show
At this week’s Paris Motor Show, there are no signs the influx of low-cost Chinese vehicles will slow despite European Union efforts.
Thousands of NI workers to get pay bump as Real Living Wage rises
About 6,000 workers in NI are paid the Real Living Wage - which is voluntarily paid to reflect the cost of living.
YOUR NEWS, OUR NETWORK.
Do you have Great News you want to tell the world?
Be it updates about your business or your community, you can make sure that it’s heard by submitting your story to our network reaching hundreds of news sites across 6 verticals.