Transparency comes first in investing — RootData's Exchange Rankings officially released [View Details]
API Download the RootData App

The new generation high-performance chain ValueChain has received support of 150 million $SOSO, focusing on cybersecurity and ecological construction

Sep 09, 2025 15:34:02

Share to

ChainCatcher message indicates that, according to Snapshot data, the second community governance vote for SosoValue has been completed. The community unanimously supports unlocking 150 million $SOSO tokens from the foundation and ecosystem fund, currently valued at 90 million USD, to support the initial staking of the first batch of validator nodes for the ValueChain mainnet, as well as the exclusive ecosystem incentive programs for SoDEX and ValueChain.

This governance resolution will strongly ensure the security and stable launch of the ValueChain network, injecting critical liquidity and user growth momentum into early ecosystem development.

ValueChain's TPS has exceeded 50,000, supporting users in obtaining a high-frequency trading experience similar to centralized exchanges in spot and perpetual contract order book trading on the decentralized trading platform SoDEX. Currently, the total number of registrations for the Sodex testnet has surpassed 200,000, with 16,000 whitelist users granted access to participate in the testnet. The daily on-chain order count reaches 3.77 million, with daily trading volume exceeding 10 billion USD.

It is reported that the ValueChain mainnet is expected to officially launch in the fourth quarter of this year. At that time, $SOSO will serve as the native Gas fee and governance token for the network, endowed with new underlying value and practical functions.

Related Projects

Latest News

Data: JUV rose over 19%, USTC fell over 10%

ChainCatcher

Dec 14, 2025 04:30:29

Data: ETH breaks through 3100 USD

ChainCatcher

Dec 14, 2025 02:06:55

Data: BTC breaks through 90,000 USD

ChainCatcher

Dec 14, 2025 02:06:12

Data: ETH falls below 3100 USD

ChainCatcher

Dec 14, 2025 01:06:54

Data: BTC falls below 90,000 USD

ChainCatcher

Dec 14, 2025 01:06:11

Recent Fundraising

More
-- Dec 12
$6M Dec 11
$29M Dec 11

New Tokens

More
Dec 11
Almanak ALMANAK
Dec 11
Dec 11

Latest Updates on 𝕏

More