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SOFA.org plans to launch SOFA points as part of new rewards program

SOFA.org plans to launch SOFA points as part of new rewards program

BlockBeatsBlockBeats2024/10/14 02:00
By:BlockBeats

The newly upgraded rewards program is designed to enhance user experience and promote community participation.

Original source: Sofa.org


Decentralized DAO SOFA.org is committed to developing an on-chain clearing protocol. The organization announced that it will launch SOFA points as part of its rewards program, providing additional incentives for RCH holders and supporters. The goal of this reward is to ensure that user participation is aligned with the long-term goals of the project.


The launch of the SOFA points program demonstrates SOFA.org's commitment to giving back to the community's expectations through a clear project growth roadmap and token utility. RCH holders and protocol traders can obtain SOFA points in a variety of ways, and details will be announced in November.


SOFA.org Founding Partner Augustine Fan said: "The upcoming points system is one of our key initiatives to continue to increase practical value for token holders, and it is also a measure to accelerate user participation and drive the protocol to the next stage. Although SOFA is an ambitious project with a long-term vision, we always emphasize the importance of early users in the initial development and ensure that their participation is fully recognized in the accumulation of protocol value. In addition, we are on track to launch a series of cooperative activities and new features before the end of the year, accompanied by some important progress, marking the SOFA project into a faster growth period."


SOFA.org's mission is to manage all on-chain financial assets through decentralized, trustless atomic clearing and settlement, aiming to revolutionize the DeFi financial ecosystem. SOFA.org is actively building innovative products with the goal of popularizing DeFi financial services and making them easily accessible to retail investors on the chain.


SOFA.org has been hailed as the "Android of DeFi" with support from industry leaders such as HashKey Capital, OKX Ventures, and Galaxy Asia Trading Ltd, as well as help from other well-known developers. SOFA.org focuses on promoting interoperability between different DeFi protocols and is committed to establishing efficient and resilient digital asset clearing standards. Currently, the project is running on the Ethereum mainnet and Arbitrum, with plans to expand to more EVM chains in the future.


About SOFA.org


SOFA.org is a decentralized, non-profit, open-source DAO focused on developing a trustless DeFi ecosystem capable of atomic settlement on the blockchain. Its first protocol will focus on crypto structured products, leveraging off-the-shelf dAPPs and standardized vaults to enable seamless execution between depositors and market makers. SOFA.org has received support from many leading DeFi developers and crypto platforms. For more information, please visit the official website.


This article is from a contribution and does not represent the views of BlockBeats


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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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