SOFA.org is a decentralized, non-profit, open-source DAO dedicated to building a trustless, DeFi ecosystem system capable of atomically settling financial assets on the blockchain.
Key Features: *The initial SOFA protocols (Earn & Surge) will provide a convenient marketplace of structured products for users to benefit from a new form of secured, yield-making opportunities. Initially being launched on ETH and Arbitrium and then will be rolled out to other EVM chains
*The DAO will offer standardized dAPP and API packages to interested parties and market makers as an inclusive platform, delivering a 24/7 real time pricing coverage to maximize the user experience.
*The utility token (RCH) will be a 100% fair launch on Uniswap, with considerable airdrops available only to actual users. No VC-cliffs, no insider privileges whatsoever.
*$RCH has a total supply of 37 million tokens, with 25 million (~67%) pre-minted and locked in a Uniswap liquidity pool (LP is burned). The remaining 12mm (33%) are earmarked to be airdropped to protocol users and supporters.
*All protocol earnings will be fully spent to burn RCH daily (buybacks), ensuring a long time deflationary supply and value alignment with our long term users and hodlers.
*Security: Audits by Peckshield and Code4rena are completed with reports on our website. SigmaPrime report will be published soon.
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