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
VeChain Revolutionizes NFT Access with Free PofP Badge Tool
21Shares Polkadot Trust Hints at ETF Possibilities for Investors
ETH breaks through $3,400
Flockerz Vote-to-Earn ICO Raises $7.4 Million – Next 25x Crypto Gem?