### Bybit Launches SoSoValue Mining#
Hot Topic Overview
Overview
Bybit's SoSoValue mining event will officially launch on January 20th, where users can stake SOSO, BBSOL or USDT to earn SOSO tokens as rewards. The total prize pool for the event is 4 million SOSO, with 800,000 from the SOSO staking pool, 1.2 million from the BBSOL staking pool, and 2 million from the USDT staking pool. In addition, SoSoValue will launch its token on Ethereum next week, with SOSO/USDT trading on Bybit opening at 10AM UTC on January 24th. SoSoValue plans to airdrop 49 million SOSO tokens, representing 4.9% of the total supply, in the first quarter of 2025, of which 4 million will be distributed through the Bybit Launchpool platform, 15 million through token generation events, and 30 million for PoS rewards.
Ace Hot Topic Analysis
Analysis
Bybit's SoSoValue mining event will officially launch on January 20, where users can earn SOSO rewards by staking SOSO, BBSOL, or USDT. The total prize pool for this event is 4 million SOSO tokens, with 800,000 SOSO allocated for the SOSO staking pool, 1,200,000 for the BBSOL staking pool, and 2,000,000 for the USDT staking pool. 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 three methods: 4 million tokens will be distributed through the Bybit Launchpool platform, 15 million through Proof-of-Work (PoW) token generation activities, and 30 million for Proof-of-Stake (PoS) rewards between January 25th and February 25th. SOSO/USDT trading will go live on Bybit on January 24th at 10AM UTC.
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 through three methods:
4 million tokens will be distributed through the Bybit Launchpool platform.
15 million tokens will be distributed through the Proof-of-Work (PoW) token generation event.
30 million tokens will be used for Proof-of-Stake (PoS) rewards between January 25th and February 25th.
Bybit Launchpool will launch 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.