Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy
Modular blockchain Sophon announces SOPH token economics, with 20% of total node allocation

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

CointimeCointime2024/04/25 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.

0

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!

You may also like

Trump administration walks back tariff ‘exemption’ on electronics

Trump says he’s “flexible” on electronic tariffs, and that more developments are “coming up”

Blockworks2025/04/14 23:45

Charles Hoskinson Weighs in: Is Bitcoin Surging to $250K?

Unpacking Charles Hoskinson's Bold Bitcoin Prediction in Light of Current Market Trends

Coineagle2025/04/14 23:44
Charles Hoskinson Weighs in: Is Bitcoin Surging to $250K?

Market Insights: Short-Term Recovery Signals for BONK, ALCH, and Bitcoin

In Brief Analyst Pseudonym identifies recovery signals in BONK, ALCH, and Bitcoin. Short-term trading strategies recommended for cautious positions. Increasing interest in meme tokens amid market volatility.

Cointurk2025/04/14 22:00
Market Insights: Short-Term Recovery Signals for BONK, ALCH, and Bitcoin

Ethereum Price Fluctuations Ignite Technical Analysis and Strategic Forecasts

In Brief Ethereum's price fluctuations shift focus to technical indicators among market players. Analysts signal potential recovery and long-term growth opportunities for Ethereum. Competition from networks like Solana raises challenges for Ethereum's market position.

Cointurk2025/04/14 22:00
Ethereum Price Fluctuations Ignite Technical Analysis and Strategic Forecasts