#Bybit launches SoSoValue Mining#

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Overview

Bybit Launchpool will launch SoSoValue staking on January 20th, offering a pool of up to 4 million SOSO tokens. SOSO/USDT trading will be available on January 24th at 10:00 AM UTC. SoSoValue will launch its token on Ethereum next week, with Bybit being the first exchange to list it, and supporting expansion to other platforms in the future. SoSoValue is expected to airdrop 49 million SOSO tokens in Q1, 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 means: 4 million tokens will be distributed through Bybit Launchpool, 15 million tokens will be distributed through Proof-of-Work (PoW) token generation events, and 30 million tokens will be used for Proof-of-Stake (PoS) rewards between January 25th and February 25th.

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Analysis

Bybit Launchpool will start SoSoValue mining on January 20, offering a prize pool of up to 4 million SOSO tokens. Users can participate in mining by staking SOSO, BBSOL, or USDT. SoSoValue plans to airdrop 49 million SOSO tokens, representing 4.9% of the total supply, in the first quarter of 2025. The airdrop will be distributed in three ways: 4 million tokens through the Bybit Launchpool platform, 15 million through a token generation event (PoW), and 30 million tokens for PoS rewards from January 25 to February 25. SOSO/USDT trading will open on January 24 at 10AM UTC. SoSoValue aims to attract users to its ecosystem and drive the growth of its token value through its data services and airdrop program.

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SoSoValue will airdrop 49 million SOSO tokens in the first quarter of 2025, representing 4.9% of the total supply.

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The airdrop allocation will come mostly from the platform's 30% ecosystem allocation.

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It will be distributed in three ways: Bybit Launchpool will distribute 4 million tokens, token generation activities (PoW) will distribute 15 million tokens, and PoS rewards will distribute 30 million tokens.

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Bybit Launchpool will launch SoSoValue mining on January 20th, offering a prize pool of up to 4 million SOSO tokens.

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SOSO/USDT trading will open on January 24th at 10AM UTC.

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