Sophon, the modular blockchain, announces the token economics of SOPH, with 20% allocated to node distribution
On April 25, Sophon, a modular blockchain based on zkSync, announced the token economics of the token SOPH. The specific allocation and unlocking information are as follows: · 20% for nodes (released in 36 months, and will be locked for an additional 3 months after receiving); · 25% for the Sophon Foundation (locked for 12 months, then released in 36 months); · 20% for seed contributors (locked for 12 months, then released in 24 months); · 5% for consultants (locked for 12 months, then released in 36 months); · 30% for ecosystem reserves for donations and other ecological incentives. Sophon added that the final token economic model, allocation and lock-up 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.
You may also like
Suspected Wintermute wallet has accumulated SYRUP worth $5.2 million over the past two weeks
Polymarket shows a 72% probability that Lighter's FDV will exceed $1 billion on the day after launch
A certain whale doubles down on ETH long positions again, with holdings valued at $60.93 million.
Paradigm co-founder: This is the Netscape or iPhone moment for cryptocurrency