SOON announces the official launch of the Alpha mainnet and releases $SOON token economics
The SVM network SOON announced the official launch of the Alpha mainnet and released the $SOON token economics.
Due to its SVM architecture, the Alpha mainnet has become the first real SVM Rollup on Ethereum. The SOON Alpha mainnet integrates all necessary mainnet functions, using Ethereum as a settlement layer and EigenDA for data availability.
SOON also announced details of $SOON token economics as follows:
51% allocated to community
No pre-mining, no pre-token distribution, no VC privileges
Everyone will have equal opportunities through [edited]
SOON is a rollup stack designed to provide top performance for all Layer 1 blockchains, supported by Decoupled SVM and EigenDA layers. Built on top of OP stack, it utilizes advanced features of Decoupled SVM for unparalleled speed and scalability while offering flexibility in data availability through options like Celestia, EigenDA and Avail. This tailor-made architecture meets high-performance needs of modern decentralized applications ensuring seamless execution across blockchain ecosystem with integrated optimization for data availability.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Barclays: The Bank of England's slower pace of balance sheet reduction is expected to ease pressure on the repo market and UK government bonds
Barclays strategists stated that the Bank of England's plan to slow down the pace of bond sales will ease pressures on repo operations and also offer support to the stressed ultra-long-term UK government bonds.
Warren Buffett Steps Down as Berkshire Hathaway Chairman -- 2nd Update
Elbit Systems Files Shelf Prospectus in Israel
Radware CTO Aviv David Meleh sells 15,000 shares worth $460,650
Crypto prices
More
