#Bybit Launches SOSO Mining#
Hot Topic Overview
Overview
Bybit Launchpool will launch SoSoValue mining on January 20th, offering a prize pool of up to 4 million SOSO tokens. Users can participate in mining by staking SOSO, BBSOL, or USDT. SoSoValue will launch its token on Ethereum next week, with Bybit being the first exchange to list it and supporting subsequent expansion to other platforms. SoSoValue plans to airdrop 49 million SOSO tokens, representing 4.9% of the total supply, in the first quarter of 2025. The airdrop allocation will be distributed through Bybit Launchpool platform, Proof-of-Work (PoW) token generation activities, and Proof-of-Stake (PoS) rewards.
Ace Hot Topic Analysis
Analysis
Bybit's SOSO mining campaign is officially launching on January 20th, allowing users to earn SOSO rewards by staking SOSO, BBSOL, or USDT. The total prize pool for this campaign is 4 million SOSO tokens, with 800,000 allocated to the SOSO staking pool, 1.2 million to the BBSOL staking pool, and 2 million to the USDT staking pool. Users must meet a minimum staking amount to participate in the mining, and there is also a maximum staking limit. Additionally, SoSoValue will be launching its token on Ethereum next week, and Bybit will be the first exchange to list it, with support for subsequent expansion to other platforms. SoSoValue plans to airdrop 49 million SOSO tokens, representing 4.9% of the total supply, in the first quarter of 2025. The majority of the airdrop allocation comes from the platform's 30% ecosystem allocation and will be distributed in three ways: 4 million through the Bybit Launchpool platform, 15 million through a proof-of-work (PoW) token generation event, and 30 million used for Proof-of-Stake (PoS) rewards from January 25th to February 25th.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
SoSoValue will airdrop 49 million SOSO tokens in the first quarter of 2025, representing 4.9% of the total supply.
The majority of the airdrop allocation comes from the platform's 30% ecosystem allocation.
The airdrop will be distributed in three ways: 4 million tokens via the Bybit Launchpool platform.
15 million tokens through Proof of Work (PoW) token generation activities.
30 million tokens for Proof of Stake (PoS) rewards between January 25th and February 25th.
Bybit Launchpool will open SoSoValue mining on January 20th, offering a prize pool of up to 4 million SOSO tokens.
SOSO/USDT trading will open on January 24th at 10AM UTC.