#Bybit Launchpool opens SoSoValue mining#
Hot Topic Overview
Overview
Crypto market data provider SoSoValue will launch a mining event on Bybit Launchpool platform on January 20th, with a total prize pool of up to 4 million SOSO tokens. Users can participate in the mining by staking SOSO, BBSOL, or USDT, and receive corresponding SOSO rewards. SoSoValue plans to airdrop 49 million SOSO tokens in the first quarter of 2025, with 4 million being distributed on the Bybit Launchpool platform, 15 million distributed in the token generation event, and 30 million used for PoS rewards from January 25th to February 25th.
Ace Hot Topic Analysis
Analysis
Bybit Launchpool will launch SoSoValue mining on January 20th with a prize pool of up to 4 million SOSO tokens. Users can participate in mining by staking SOSO, BBSOL, or USDT to earn 800,000, 1,200,000, and 2,000,000 SOSO rewards respectively. SoSoValue will launch its token on Ethereum next week and will open for trading on Bybit on January 24th at 10AM UTC. 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 portion and will be distributed in three ways: 4 million through the Bybit Launchpool platform, 15 million through the token generation event (PoW), and 30 million for PoS rewards between January 25th and 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, and will be distributed in three ways:
4 million tokens will be distributed through the Bybit Launchpool platform.
15 million tokens will be distributed through Proof-of-Work (PoW) token generation activities.
30 million tokens will be used 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.
SOSO/USDT trading will be opened on January 24th at 10AM UTC.
Bybit Launchpool offers three staking pools: SOSO staking pool, BBSOL staking pool, and USDT staking pool.
Each pool has different reward amounts, minimum staking amounts, and maximum staking amounts.