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

When Sophon Mainnet was launched, a few important changes will occur for all participants:

  • Asset Transfer: All assets previously deposited on Ethereum Mainnet were permissionlessly transferred to Sophon Mainnet and became immediately accessible.
  • New Deposits and Boosts: New deposits can be made on Sophon Mainnet, but boosts were deactivated.

Assets boosted on Ethereum Mainnet will remain locked for liquidity. Users who did not withdraw received retroactive SP rewards for the pause week. Withdrawn assets will forfeit these rewards, though SPs from boosts will still be awarded as boosts cannot be withdrawn.

  • 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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Sophon farming conclusion

Phase 2 of Sophon Farming will come to an end on June 30th, 2025. The last emission of SPs will happen on this date, at 23h59m59s UTC. After that, the SP-to-SOPH conversion will be calculated, and rewards will be distributed to each farm.
SOPH reward streams will be initialized by July 4th, 2025, with the following characteristics:

  • A specific amount of SOPH (reflecting the total rewards accrued during the farming period)
  • A start date of May 28th at 00:00 UTC
  • A 6-month lockup
  • A 6-month vesting period – meaning that once the 6-month cliff ends, the stream begins to vest and concludes 6 months later.
    • For example, if you choose to claim part of the stream 1 month after vesting starts, you will be able to claim 16.67% of the total. The rest will continue accumulating and will be available to claim in the future.