SOPH is the native utility token powering the Sophon ecosystem.
Details on utility, distribution, and airdrop below 👇
SOPH Distribution:
> 57% to the Sophon community
> 25% Core contributors (4-year vest)
> 18% Seed investors (3-year vest)
Of the 57% to the community, 20% goes to Node Rewards, 26% to our Ecosystem Reserve, 9% to the SOPH airdrop, and 2% to the L2 Farm.
At launch, SOPH will serve two core functions that form the foundation of the Sophon Network:
1️⃣ Gas Payments – All transactions on Sophon Network require SOPH for gas fees
2️⃣ Staking – Secures the network through decentralized sequencing
1️⃣ Gas
SOPH powers all network transactions. But here's where we're different: users don't always need to hold SOPH themselves.
Thanks to our native paymaster technology, applications can sponsor gas fees for users – eliminating one of crypto's biggest adoption barriers.
2️⃣ Staking
Staking launches at TGE, initially with the Sophon Foundation operating the only Full Node. As ZKsync enables decentralized sequencing, operators with 1500+ NFT delegations from Guardians will be able to operate Full Nodes themselves.
Full Nodes stake 100,000 SOPH and earn a portion of gas fees.
Any SOPH holder will be able to stake directly within the Claim window when claiming your tokens, and soon on Sophon Home’s Earn section by autodelegating or selecting a Full Node.
Rewards compound automatically and are distributed every ~15 minutes.
Our Ethereum-inspired reward system makes the total supply of SOPH deflationary, as unutilized tokens are burned or distributed periodically.
SOPH Airdrop
On top of the 600M SOPH (6% of max supply) being distributed to L1 Farmers, we're distributing an additional 300M SOPH (3% of max supply) to early supporters across multiple categories.
SOPH is more than just a token – it's the foundation for an ecosystem dedicated to onboarding the next generation of crypto users through every-day useful products that monetize and reward the data we all naturally produce.
This announcement is for informational purposes only and does not constitute any form of financial advice or an offer to buy or sell securities or any other financial instruments.
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Season 2 of the Sophon Yapper Leaderboard has concluded.
The snapshot has been taken, and winners will be announced post-TGE.