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

04/25 11:59

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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.

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