ChainCatcher news, the Fantom Foundation announced on social media that the community has voted in favor of its first proposal regarding the upcoming Sonic chain, with a support rate of 99%. FTM will be compatible with Sonic's new token S, allowing for a 1:1 exchange upon its release.The Fantom governance forum shows that community members have initiated a series of governance proposals regarding the Sonic network, currently seeking community feedback on the proposed changes, plans, and initiatives. The proposal states that Sonic will be a brand new L1 chain and will bridge natively to chains like Ethereum through an L2 cross-chain bridge. According to the results of the first governance vote, FTM holders will be able to migrate to Sonic's native token S at a 1:1 ratio at the genesis of Sonic.It is reported that with the new bridging architecture, Sonic will provide users and DApp developers with better performance than the existing Opera network. Fantom Operations Ltd has committed to continuously providing validator support for Opera, while Sonic Operations Ltd will support Sonic.In addition, the Fantom Foundation will allocate hundreds of millions of FTM from its treasury to support the development of the Sonic ecosystem, including marketing, business development, and migration grants.