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.
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