Modular blockchain Sophon announces SOPH token economics, with 20% of total node allocation

Bitget App

Trade smarter

Cointime2024/04/25 12:07

By:Cointime

Sophon, a modular blockchain based on zkSync, announced the token economics of its token SOPH. The specific allocation and unlocking information is as follows:· Node allocation 20% (released over 36 months, with an additional 3-month lockup after receiving);· Sophon Foundation allocation 25% (locked up for 12 months, then released over 36 months);· Seed contributors allocation 20% (locked up for 12 months, then released over 24 months);· Advisor allocation 5% (locked up for 12 months, then released over 36 months);· Ecosystem reserve allocation 30%, used for donations and other ecosystem incentives.Sophon also stated that the final token economics model, allocation, and lockup situation of SOPH may change before the mainnet launch, which is expected to be in the third quarter of 2024.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.

APR up to 10%. Always on, always get airdrop.

Lock now!

Share link:In this post: Wall Street loved Trump’s win at first—stocks jumped, Bitcoin soared, and borrowing costs hit rock bottom, but some sectors started cracking fast. Tax cuts and deregulation made financial and energy stocks shoot up, but tariffs and plans to deport workers freaked out economists and markets. Tariffs mean higher prices for Americans, and even Walmart’s warning it’ll have to raise prices if Trump pushes through with his trade war.

Cryptopolitan•2024/11/24 03:44