TLDR

Guardians get 20% of total SOPH supply. Half comes automatically through Full Node delegation. To unlock your complete allocation, also delegate your membership to a Light Node. Simple path to maximum rewards.

Overview

  • The total SOPH supply is 10 billion (10,000,000,000)
  • Rewards are distributed weekly over the course of 156 weeks (3 years)
  • You must maintain active status to qualify for rewards (meaning you have delegated your membership or memberships)
  • Minimum Uptime is currently set at 60%
  • Full and Light Node operators might have set a % commission
  • Guardian NFT claiming auto-delegates to the current Full Node (Sophon-managed), making you eligible for half (50%) of your pro-rata reward allocation
  • To receive your full 20% allocation, delegate to both Full Nodes (automatic) and Light Nodes (manual)
  • Delegating to a Light Node is easily done via the Guardian App
  • Your reward rate will be adjusted if you remove delegation from either Node Type
  • Rewards will only be viewable as of 15/01/25 and claimable around the time of TGE (which should occur End H1 2025)

Reward Formula

Reward Calculation Methodology

Below is how your weekly rewards are calculated based on your delegation status. As long as you maintain active delegation to both Full and Light Nodes, you’ll earn your pro-rata share of the 20% token supply.

Weekly Reward = (SOPH Total Supply × Allocation % × Your active NFT Memberships) ÷ (Total active NFT Memberships × Total Weeks)

Where

  • Total Supply = 10 billion (10,000,000,000)
  • Allocation % = 5% for Full Node Delegation + 10% for Light Node Delegation + 5% Bonus for participating = 20% total
  • Total Weeks = 156 (3 years)

Full Nodes

A total of 5% of the SOPH supply is allocated to active NFT delegations to Full Nodes. This will be distributed proportionally over 3 years, with approximately 0.032% distributed weekly.

Each Guardian Membership NFT is automatically delegated to a Full Node when claimed.

Steps

  1. Start with total supply: 10 billion SOPH
  2. Multiply by allocation: 10 billion × 0.05
  3. Multiply by your delegated NFT memberships
  4. Divide by total active NFT memberships × 156 weeks
  5. Multiply by (100 - operator commission)/100

IMPORTANT

While there is only a single Full Node operated by Sophon, its commission is ZERO

Example:

  • You have: 20 delegated memberships
  • Total active: 80,000 memberships
  • Full Node has zero commission

Weekly Reward

  • -> (10 billion × 0.05 × 20) ÷ (80,000 × 156)
  • -> 10 billion ÷ 12,480,000
  • Total: ~801 SOPH

Light Nodes

A total of 10% of the SOPH supply is allocated to active NFT delegations to Light Nodes. This will be distributed proportionally over 3 years, with approximately 0.064% distributed weekly.

Steps

  1. Start with total supply: 10 billion SOPH
  2. Multiply by allocation: 10 billion × 0.05
  3. Multiply by your memberships
  4. Divide by (total memberships × 156 weeks)
  5. Multiply by (100 - operator commission)/100

Example:

  • You have: 10 delegated memberships
  • Total active: 80,000 memberships
  • A given Light Node operator sets a 3% commission

Weekly Reward

  • -> (10 billion × 0.1 × 10) ÷ (80,000 × 156)
  • -> 10 billion ÷ 12,480,000
  • -> 801 × (100 - 3)/100
  • Total: ~777 SOPH

Extra Delegation Rewards

A total of 5% of the SOPH supply is allocated to active delegated memberships (regardless of being to a Full Node, Light Node, or both). This will be distributed proportionally over 3 years, with approximately 0.032% distributed weekly.

Memberships that are not active for a given week will not receive the weekly reward.

Steps

  1. Start with total supply: 10 billion SOPH
  2. Multiply by allocation: 10 billion × 0.05
  3. For single membership: multiply by 1
  4. Divide by (total memberships × 156 weeks)

Example:

  • You have: 1 delegated membership
  • Total active: 80,000 memberships

Weekly Reward

  • -> (10 billion × 0.05 × 1) ÷ (80,000 × 156)
  • -> 500 million ÷ 12,480,000
  • Total: 40 SOPH

Operator Commission

Node Operators (whether Light or Full) can set a commission rate. When they do, a portion of the weekly rewards is allocated to the operator, while the remainder is distributed directly to active membership owners.

Reward Distribution

Rewards are calculated and distributed on a weekly basis, every Wednesday at 00:00 UTC. After calculation, our systems begin creating the reward stream for each destination, represented by vSOPH (Vesting SOPH), an ERC20 like token that is non-transferable. Bear in mind this process can take some time – it’s normal for rewards to appear later in the day on Wednesday. Each reward stream has the following properties:

  • A specific amount of SOPH
  • A start date (that Wednesday at 00:00 UTC)
  • A 90-day cliff – the stream does not begin vesting during this period
  • A 7-day vesting period – meaning the rewards become fully available over the course of 7 days. For example, if you claim halfway through the vesting period (after 3.5 days), you’ll have access to half of your rewards. You don’t lose the rest – you’ll just need to wait the remaining 3.5 days for the full amount to vest. You can claim a stream as many times as you like until it is fully vested and claimed.

You can view all your reward streams at https://guardian.sophon.xyz/dashboard/claim

Pre-TGE Rewards

All rewards accrued by Guardians and Operators before the SOPH TGE (i.e., from January 1st to May 27th) are made available on the TGE date according to the following properties:

  • A specific amount of SOPH (the total rewards accrued during that period)
  • A start date of May 28th at 00:00 UTC
  • A 90-day lockup
  • A 1-second vesting period – meaning once the 90-day cliff ends, the entire stream becomes immediately claimable.