Project Introduction:

Sophon is a zero gas public chain aimed at consumer and entertainment applications, designed to attract a broader Web2 user base by simplifying the user experience. Its design philosophy emphasizes that users can easily participate in blockchain applications without needing to understand complex cryptographic technology.

Completed $10 Million financing by the end of March 2024, with participation from Paper Ventures, Maven 11, The Spartan Group, SevenX Ventures, OKX Ventures, HTX Ventures, and others.

Raised over $60 Million through node sales in May 2024, selling approximately 121,000 network nodes in total, netting approximately 20,391 ETH.

🚀SOPH Token Overview

Token Name: SOPH
Token Standard: ERC-20
Total Supply: 10 Billion Tokens
SOPH is the utility token of the Sophon Network, playing a central role in its ecosystem. Its main uses include paying transaction gas fees and participating in the staking mechanism of decentralized orderers. Thanks to ZKsync's native Paymaster technology, users can complete transactions without holding SOPH.

💰Token Allocation Plan

Node Rewards: 2 Billion Tokens (20%)
Ecosystem Reserve: 2.6 Billion Tokens (26%)
Liquidity Mining (L2 Farm): 200 Million Tokens (2%)
Seed Round Investors: 1.8 Billion Tokens (18%)
Core Contributors: 2.5 Billion Tokens (25%)

🍕SOPH Token Overview

Token Name: SOPH

Token Standard: ERC-20 Total Supply: 10 Billion Tokens

SOPH is the utility token of the Sophon Network, playing a central role in its ecosystem. Its main uses include paying transaction gas fees and participating in the staking mechanism of decentralized orderers. Thanks to ZKsync's native Paymaster technology, users can complete transactions without holding SOPH.

💻Node Rewards: 2 Billion Tokens (20%)

Ecosystem Reserve: 2.6 Billion Tokens (26%)

Liquidity Mining (L2 Farm): 200 Million Tokens (2%)

Seed Round Investors: 1.8 Billion Tokens (18%)

Core Contributors: 2.5 Billion Tokens (25%)


💥Staking Mechanism and Rewards

Staking Requirement: Full node operators must stake 100,000 SOPH
Revenue Distribution: Stakers can receive a share of gas fee distribution
Reward Model: Dynamic adjustment of yield using an inverse square root function, unused reward tokens will be regularly burned or redistributed, possessing deflationary properties
Withdrawal Mechanism: Staking actions take effect in real-time, withdrawals require a 5-day cooling-off period

🎂Airdrop Plan

Total Airdrop Amount: 300 Million SOPH Tokens (3% of Total Supply)

Claim Method:
Claim through OKX Exchange: Registration period from May 23 to May 25 (UTC), with an additional 5% SOPH reward
https://claim.sophon.xyz/okx

Claim on the Sophon Mainnet: Will be open on TGE day
Airdrop Eligibility: Targeting early users and community members of Sophon, node holders, deep users of ZKSync, and select NFTs