ChainCatcher reports that Snapshot data indicates that the second SosoValue community governance vote has concluded. The community unanimously supports unlocking 150 million $SOSO tokens, currently valued at $90 million, from the Foundation and Ecosystem Funds to support the initial staking of the first batch of validator nodes on the ValueChain mainnet, as well as exclusive incentive programs for SoDEX and ValueChain.
This governance resolution will effectively ensure the secure and stable launch of the ValueChain network and inject critical liquidity and user growth momentum into the early development of the ecosystem.
ValueChain's TPS has exceeded 50,000, enabling users to experience the high-frequency trading experience of centralized exchanges on the decentralized trading platform SoDEX for spot and perpetual contract order books. Currently, the Sodex testnet has over 200,000 registered users, including 16,000 whitelisted users. Daily on-chain orders reach 3.77 million, with daily trading volume exceeding $10 billion.
The ValueChain mainnet is expected to officially launch in the fourth quarter of this year. $SOSO will serve as the network's native gas fee and governance token, endowed with new underlying value and practical functions.
