#BinanceHODLerSOPH

Sophon, a project listed on HOLDER AIRDROP BINANCE - a project developed by Sebastien, Co-founder, who was a co-founder of zkSync at Matter Labs.

1️⃣ What is Sophon?

✅ Sophon is a ZK (Zero-Knowledge) chain built on Validium technology and the Elastic Chain architecture of zkSync, positioned as a Layer 2 blockchain platform focused on consumer crypto applications such as games and social networks.

✅ Sophon uses ZK Stack with Validium technology to scale off-chain transactions, reducing costs while still being secure due to verification on Ethereum 🔥 - in addition, Sophon is part of the Elastic Chain network - an ecosystem of ZK chains that can interact seamlessly, allowing users and liquidity to move between chains without the need for complex bridges.

2️⃣ Products from Sophon

- Sophon Bridge: Sophon Bridge supports easy and secure token transfers between other blockchains such as Ethereum, Optimism, Base...

- Sophon Farm: Sophon Farm is a liquidity mining program where users provide assets to earn Sophon Points.

- Sophon Guardians: Guardian NFTs are Sophon's decentralized governance tools, representing Guardian membership rights. Holders can operate or delegate nodes, contributing to network expansion and earning rewards in $SOPH tokens.

3️⃣ Investment funds behind Sophon

Investment Fund: YziLabs (Binance Labs)

- YziLabs is the only investment fund that has announced investment in Sophon - with a fundraising amount of 12 million USD.

- 70 million USD is the amount Sophon has raised from Spartan Group, OKX Ventures, Paper Ventures, SevenX, Maven 11..., of which 60 million USD came from selling Nodes to the community through Public Sale.

4️⃣ Overview of tokenomics

* Token Name: Sophon

* Token: SOPH

* Blockchain: Sophon (ZKsync-based)