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Sophon starts the Farming phase. Staking selected assets will earn you SOPH airdrops
2024-06-19 07:07
Odaily News Sophon, a modular blockchain based on ZKsync, announced the start of the Farming phase on X. Participants can now stake certain assets to obtain SOPH, initially supporting BEAM and BEAM/ETH LP, and more assets will be supported soon. 10% of the total supply of SOPH will be used as rewards in the Farming phase (6% on Ethereum and 4% on the Sophon mainnet). Users will receive Sophon Points (SP) based on the length of staking, activation of boosters, and deposit amount, thus qualifying for SOPH airdrops. The Sophon airdrop is scheduled to start in Q3. Airdrops obtained in the initial Farming phase will be distributed to eligible participants before the network launch (including the set vesting period).