Sophon chain is a ZK Stack-powered rollup designed to transform web3 technology for future mass adoption through enhancing UX on the chain. $SOPH is a native token of its platform which is used for paying fees and participating in the decision-making process within the network.
Throughout a period from April 27 to 29 April 2024, Sophon crypto network was hosting a public node sale, raising over $61M by collecting funds on IDO platforms like Impossible Finance and dappad, as well as on its own website. Hence the Coinlaunch prepared a guide on how you could have joined the Sophon nodes sale for you.
Sophon Chain - Node Sale on Impossible Finance Overview
Impossible Finance
Sophon Chain - Node Sale on Impossible Finance Round Result
Sophon Chain - Node Sale on Impossible Finance Current Token Data
How to join Sophon Chain - Node Sale on Impossible Finance?
For the Impossible Finance node sale, Sophon allocated over 3,700 of its tier 3 nodes, allowing you to get access to the “higher” tier nodes at better prices when compared to the Sophon public sale.
To participate, you should complete KYC verification, purchase $IDIA tokens, and stake them on the launchpad. For the node sale, IF implements a StakeWeight approach where the size of your allocation is determined by your staking share among all the participants in the specific pool.
Although Impossible Finance doesn’t have a minimum tier to join the guaranteed sale allocation, there is a minimum purchase number of 1 node. Furthermore, since the node is technically a real equity, you cannot buy portions of the mode, for example, 0,5 of the node or 0,99. This means that if you have, let’s say 1.25 node allocation you will be able to buy only one node.
Good Luck! 🍀
Step-by-step Guide
Visit the Sophon sale page on IF;
Acquire some $IDIA tokens and stake them on IF;
Get some $ETH on the Arbitrum network in your web3 wallet;
Check your allocation;
Purchase the desirable amount of nodes;
Get your Sophon nodes.