Understanding the farming cycle is key to maximizing Sophon Points (SP) earned and participating in the broader Sophon ecosystem. Here’s a breakdown of the process:

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Ethereum Mainnet

The initial phase of the farming cycle begins on Ethereum Mainnet, where users can deposit assets and start accumulating Sophon Points.

  • Accrual of Sophon Points: Sophon Points will continue to accrue as long as the assets are held in the farming pools.
  • Bridging to Sophon Mainnet: Once the assets are bridged to Sophon Mainnet, the points will stop accruing on Ethereum Mainnet.
  • Duration: The specific duration of this farming period will be announced at a later date.
The Ethereum Mainnet farming phase is crucial for early participants to accumulate points before assets transition to the Sophon Mainnet.

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Sophon Mainnet

Once Sophon Mainnet is launched, a few important changes will occur for all participants:

  • Asset Transfer: All assets previously deposited on Ethereum Mainnet will be permissionlessly transferred to Sophon Mainnet and will become immediately accessible.
  • New Deposits and Boosts: New deposits and boosts can be made on Sophon Mainnet.
Assets that were boosted on Ethereum Mainnet will remain permanently locked for liquidity purposes and will no longer be eligible for further boosting on the Sophon Mainnet.
  • Reward Calculation: The accumulated Sophon Points on the Sophon Mainnet will be used to calculate rewards in $SOPH tokens, based on the allocated percentage of the token supply for that period.
To maximize your rewards, keep an eye on announcements about the specific allocation percentages and farming phases on Sophon Mainnet.

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Key Takeaways

  • Ethereum Mainnet: Earn Sophon Points by depositing assets and bridging to Sophon Mainnet.
  • Sophon Mainnet: Assets are transferred and immediately accessible; previously boosted assets are locked, and rewards are calculated using accumulated points.
By understanding the cycle and timing your farming strategy, you can maximize your potential rewards in the Sophon ecosystem.

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