#Bybit Launchpool Starts SoSoValue Mining#
Hot Topic Overview
Overview
Bybit Launchpool will launch SoSoValue staking mining on January 20th, offering a prize pool of up to 4 million SOSO. SOSO/USDT trading will open on January 24th at 10 AM UTC. SoSoValue will launch its token and begin its first season of airdrops next week. This season will distribute 49 million SOSO tokens to community members, including 4 million through the Bybit Launchpool platform, 15 million through Proof-of-Work (PoW) token generation events, and 30 million for PoS rewards from January 25th to February 25th. SoSoValue will launch its token on Ethereum, with Bybit being the first exchange to list the token and support its subsequent expansion to other platforms.
Ace Hot Topic Analysis
Analysis
Bybit Launchpool will launch SoSoValue mining on January 20th, offering a prize pool of up to 4 million SOSO tokens. SOSO/USDT trading will be available on January 24th, 10AM UTC. SoSoValue will launch its token on Ethereum next week, and Bybit will be the first exchange to list it and support its expansion to other platforms. SoSoValue plans to airdrop 49 million SOSO tokens, accounting for 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 through three methods: 4 million tokens through the Bybit Launchpool platform, 15 million tokens through token generation activities (PoW), and 30 million tokens used for PoS rewards from January 25th to February 25th. The SoSoValue mining activity will offer three staking pools: SOSO staking pool, BBSOL staking pool, and USDT staking pool, allowing users to earn SOSO rewards by staking the corresponding assets.
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Public Sentiment
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Classic Views
SoSoValue will launch its token next week and start the first season of airdrop, which will distribute 49 million SOSO tokens to community members.
SoSoValue will launch its token next week and start the first season of airdrop, which will distribute 49 million SOSO tokens to community members.
SoSoValue airdrop will be conducted in three ways: 4 million will be distributed through Bybit Launchpool platform, 15 million will be distributed through Token Generation Event (PoW), and 30 million will be used for PoS rewards from January 25th to February 25th.
SOSO/USDT will be opened for trading on January 24th at 10AM UTC.