SoSoValue Season 2 SSI token staking and SOSO Boost feature launched, with staking volume reaching 6.72 million tokens within 2 hours

ChainCatcher news reports that on February 25 at 8 PM Singapore time, SoSoValue officially launched the second season of the SSI passive index fund token staking activity and the platform token SOSO staking Boost feature, as monitored by on-chain analyst Yu Jin.

On-chain data shows that just 2 hours after the activity started, the SOSO staking volume has reached 6.72 million tokens, accounting for 44.8% of the total airdrop amount for the first season EXP. According to the data from the SSI staking airdrop activity page: after users activate the Boost feature, the current APY for SSI staking is 64%.

According to DefiLlama data, the TVL of the SSI index protocol has now reached $176 million, accounting for 6.08% of the total TVL of the Base network. Meanwhile, in the TVL leaderboard for Uniswap liquidity pools on the Base chain, three out of the top four positions are occupied by SSI index tokens, demonstrating strong market demand and liquidity advantages.