#SoSoValue Mining Goes Live on Bybit#
Hot Topic Overview
Overview
Crypto market data provider SoSoValue will be listed on Bybit on January 24th, and its Bybit Launchpool staking event will start on January 20th, offering a prize pool of up to 4 million SOSO. Users can earn SOSO rewards by staking SOSO, BBSOL or USDT. SoSoValue plans to airdrop 49 million SOSO tokens in Q1, representing 4.9% of the total supply, with 4 million distributed via Bybit Launchpool, 15 million through token generation events and 30 million for PoS rewards.
Ace Hot Topic Analysis
Analysis
Bybit Launchpool will launch SoSoValue mining on January 20, providing a reward pool of up to 4 million SOSO tokens, with SOSO/USDT trading opening at 10 AM UTC on January 24. This mining event will be divided into three staking pools: SOSO staking pool, BBSOL staking pool and USDT staking pool, offering 800,000, 1,200,000 and 2,000,000 SOSO rewards, respectively. 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 through three methods: 4 million through the Bybit Launchpool platform, 15 million through Proof-of-Work (PoW) token generation events, and 30 million for Proof-of-Stake (PoS) rewards between January 25 and February 25. 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.
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, accounting for 4.9% of the total supply.
The majority of the airdrop allocation comes from the platform's 30% ecosystem allocation portion and will be distributed in three ways:
Through the Bybit Launchpool platform with 4 million tokens.
Through Proof-of-Work (PoW) token generation activities with 15 million tokens.
And 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 tokens.
SOSO/USDT trading will open on January 24th at 10AM UTC.