On April 25th, Sophon, a modular blockchain based on zkSync, has announced the token economics of the token SOPH. The specific distribution and unlocking information are as follows:
· Node allocation of 20% (released in 36 months, will be locked for an additional 3 months after collection);
Sophon Foundation allocates 25% (locked for 12 months, then released over 36 months);
Seed contributors are allocated 20% (locked for 12 months, then released over 24 months).
Consultant allocation of 5% (locked for 12 months, then released over 36 months);
30% of the ecosystem reserve is allocated for donations and other ecological incentives.
Sophon added that SOPH's final token economic model, allocation, and lock-up could change before the mainnet launch, which is expected in the third quarter of 2024.
Modular Blockchain Sophon Announces SOPH Token Economics, 20% of Total Node Distribution
2024-04-25 11:40:08
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