Sophon starts the Farming phase, and you can pledge assets to get SOPH
Sophon, a modular blockchain based on ZKsync, has announced the start of its Farming phase. Participants can now stake certain assets to earn SOPH. 10% of the total supply of SOPH will be distributed as rewards during the Farming phase, including 6% on Ethereum and 4% on the Sophon mainnet. The initial assets available for staking are BEAM and BEAM/ETH LP, with plans to add more assets soon. Participants can earn Sophon points (SP) based on the length of their staking, activated boosters, and deposit amount, which will qualify them for the SOPH airdrop. The Sophon airdrop is planned to launch in the third quarter.
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
Ripple XRP vs SEC Update: Ripple Replies to Commissioner Peirce
Ripple criticized SEC’s vague rules like “fully functional” and “decentralized,” saying Congress should decide these matters, not regulators.
What to Watch: 8-Month Outlook Targets Tokens With Potential Gains of 60% to 120%
James Wynn Increases BTC Stake to $790M, Eyes $110K Zone
XLM Flashes Death Cross – Will Bulls Survive This Breakdown?
Trending news
MoreCrypto prices
More
