#Bybit Launches SoSoValue Mining#
Hot Topic Overview
Overview
Crypto market data provider SoSoValue will airdrop 49 million SOSO tokens, representing 4.9% of the total supply, in the first quarter of 2025. Bybit Launchpool will launch SoSoValue staking mining on January 20th, offering a pool of up to 4 million SOSO tokens. Trading of SOSO/USDT will open on January 24th at 10AM UTC. The airdrop will be distributed through three methods: 4 million tokens will be distributed via the Bybit Launchpool platform, 15 million will be distributed through Proof-of-Work (PoW) token generation events, and 30 million will be used for Proof-of-Stake (PoS) rewards from January 25th to February 25th.
Ace Hot Topic Analysis
Analysis
Bybit Launchpool will launch SoSoValue staking mining on January 20, offering a reward pool of up to 4 million SOSO tokens. Users can participate in mining by staking SOSO, BBSOL or USDT, and receive corresponding SOSO rewards. This mining event is part of the SoSoValue token airdrop, which is expected to airdrop 49 million SOSO tokens, accounting for 4.9% of the total supply, in the first quarter. The majority of the airdrop allocation comes from the platform's 30% ecosystem allocation, which 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, and 30 million tokens will be used for Proof of Stake (PoS) rewards between January 25 and February 25. The SoSoValue token will be launched on Ethereum next week, and Bybit will be the first to list it for trading and support subsequent expansion to other platforms.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
SoSoValue will airdrop 49 million SOSO tokens in the first quarter, accounting for 4.9% of the total supply.
The airdrop allocation will mainly come from the 30% ecosystem allocation of the platform.
It will be distributed through three methods: Bybit Launchpool platform, Proof-of-Work (PoW) token generation events, and Proof-of-Stake (PoS) rewards.
Bybit Launchpool will open SoSoValue staking mining on January 20th, providing a reward pool of up to 4 million SOSO tokens.
SOSO/USDT trading will be opened on January 24th at 10AM UTC.