1. Tokenomics & Production
Q: What is the SOFA token distribution plan, and when is the TGE expected?
A: We haven’t finalized a distribution or TGE timeline yet, as our priority is ensuring strong commercial traction from ongoing BD efforts. Once we’ve achieved the right level of adoption and momentum, we’ll be in a much stronger positi on to roll out token-related initiatives with greater impact.
Q: What plans are there to increase RCH’s use cases and burn volume, so that RCH supply decreases and its value becomes more defined?
A: We’re actively expanding use cases through commercial partnerships, both with ecosystem players like Cicada and in the regulated finance space. These efforts are designed to steadily grow real utility and volumes, which in turn strengthens the burn mechanism and RCH’s long-term value proposition.
2. Exchange Listings & Partnerships
Q: Does RCH have listing plans? If so, which exchanges are currently in discussion, and are any top-tier exchanges included?
A: For now, our main focus is driving adoption and usage at the ground level. Once we’ve built a stronger foundation of traction, listings will naturally follow at the right time and on the right platforms.
Q: Is there any plan to cooperate with tier-1 or tier-2 CEXs, for example by providing modules, liquidity depth, or other integrations to expand SOFA’s usage scenarios?
A: Yes, we continue to explore these opportunities. We’ve already hosted events with leading exchanges like OKX and remain committed to identifying where SOFA’s strengths – on-chain transparency and decentralization – can add the most value for both DeFi and TradFi partners.
Q: Are there plans to turn SOFA into a DEX trading platform, similar to HYPER?
A: Not at this stage. Our focus remains on doubling down where SOFA’s unique value proposition can truly stand out.
3. Product Development & Roadmap
Q: Regarding the new public chain collaboration mentioned in the last AMA – when is it expected to launch?
A: While there’s no set ETA yet, discussions have been very positive. The partner is first running a trial collaboration with one of our affiliates, which will serve as the foundation for a deeper integration with SOFA.
Q: In the last AMA, you mentioned several projects that have been in development for quite a while. Does this include CICADA, and if so, is it completed? What are the other unreleased projects, and when will they be launched?
A: Yes, the Cicada collaboration successfully launched over the summer, and we anticipate a few additional smaller partnerships rolling out in Q4. The larger ecosystem chain integration is a more significant effort – it’s progressing, but naturally requires more negotiation and development time.
Q: For the NDA collaborations mentioned last time, what’s the current progress?
A: They’re moving forward. These partners are working through internal proposals and compliance checks, which is a thorough process given the high standards of regulated institutions. It takes time, but it also validates the quality of the opportunities.
Q: You previously mentioned a CeDeFi solution combining on-chain asset management with more advanced off-chain volatility strategies. How is this progressing?
A: This initiative has taken a lower priority for now, largely due to our partner’s development timelines. That said, the concept remains highly promising, and we expect to revisit it once conditions align.
4. Growth & Promotion
Q: Does SOFA have any fundraising plans?
A: Not at this moment – our team continues to fund development out of pocket. However, as we approach major inflection points in adoption, we’ll be well-positioned to evaluate strategic fundraising that accelerates growth.
Q: Many tier-1 and tier-2 CEXs have launched options products or structured products with higher yields than SOFA. Does the team have plans to improve in this area?
A: We constantly assess the balance between delivering competitive returns and staying true to SOFA’s ethos of pure on-chain DeFi. We’re exploring ways to enhance the return profile while preserving the transparency and decentralization that set us apart.
5. Usage & Metrics
Q: Based on the weekly RCH burn data, SOFA usage doesn’t seem to be growing. How does the team view the current actual usage situation, and are there concrete improvement or promotion plans to boost activity and usage volume?
A: While we’ve chosen not to chase short-term promotional spikes, our focus is on building sustainable, long-term adoption. The real opportunity lies in deeper integration with TradFi and institutional partners, and we’ve been laying the groundwork for that over the past 6–9 months.