The four most famous international exchanges:

Binance INTL	OKX INTL	Gate.io INTL	Huobi INTL
China Line　APP DL	China Line　APP DL	China Line　APP DL	China Line　APP DL

Note: The above exchange logo is the official website registration link, and the text is the APP download link.

On Christmas last year, the OpenDAO platform announced its governance token SOS coin and airdropped its governance token. OpenDAO distributed a project token called SOS to users who use the world's largest NFT market platform OpenSea. The airdrop token The amount is determined by the sum of the user’s previous investments in cryptocurrencies on OpenSea and the number of transactions. Its airdrop method is simple, users only need to link their wallets to the OpenDAO website to receive the airdrop, and eligible users will be able to participate in token distribution. Many investors want to know how much is the SOS coin issued? Now let the editor of the currency circle introduce to you the total amount of SOS coins issued.

## How much is the circulation of SOS coins?

According to the investigation by the currency circle editor, the total issuance of SOS coins is 100,000 billion coins, the circulation volume is 39,311.27 billion coins, and the circulation rate is 53.5%. On December 25, in the lively Christmas atmosphere, the hot topic in the encryption community was undoubtedly the OpenDAO airdrop. Nearly 120,000 addresses have received SOS token airdrops, and 55% of the airdrop tokens have been claimed. The average number of airdrops received is 237147514, and the highest number received is 47545274284. Not only that, Uniswap data shows that the 24-hour trading volume of SOS tokens has also reached an astonishing US$140 million. Exchanges such as Huobi and others also quickly launched SOS.

SOS is the token of the NFT community OpenDAO, which can be received by any user who has conducted transactions on OpenSea. As long as users connect their wallets to the OpenSea website to participate, the operation is very simple. The number of airdrops obtained mainly depends on two indicators: the amount spent on OpenSea; and the number of transactions on OpenSea.

According to its token distribution instructions, 50% of the tokens were airdropped to OpenSea users for airdrops, 30% will be deposited into the reserve vault for staking and LP rewards, and 20% of the tokens will be allocated to OpenDAO.

## What about SOS coins?

With its unexpected launch came skepticism about the actual nature of the coin. The $SOS token faced similar backlash and scrutiny from the cryptocurrency community as the Ethereum mainnet was flooded with scam coins and fake token projects. It hit a market cap of $320 million over the weekend and has now dropped to that market cap. Quadrata
Network CEO and co-founder "@fabdaRice" issued some warnings about OpenDAO's smart contracts in response to the smart contract failure caused by "@0xquit":

OpenDAO's Twitter account only mentions one core contributor, whose pseudonym is "@9x9x9eth." According to 9x9x9, the token does not have any VC backing and does not have any founders or active team. Core contributors continue to claim that their work on the token is purely voluntary and unpaid.

$SOS can be claimed until June 30, 2022. 1: No public sale or private sale, all fair and free placement; 2: No VC, no founder, no team, so 0 tokens are reserved.

In the interest of transparency, OpenDAO core contributors maintain an active Snapshot page for the project, where users and community members can view current proposals regarding the project’s future staking and liquidity pool prospects. The address of 9x9x9 is also publicly accessible, indicating that the core contributor holds approximately $800,000 worth of SOS on Aave, as well as $10 million worth of interest-bearing XSUSHI tokens.

The token is currently listed on major exchanges such as KuCoin, OKEx, Gate.io, Bybit, Hotbit, BKEX and MEXC, as well as decentralized exchanges such as Uniswap (V2 and V3) and SushiSwap.

To sum up, this is the currency circle editor’s answer to the question of how much SOS coins are issued and the introduction to the total amount of SOS coins issued. As a DAO initiated by an unofficial organization, OpenDAO can use half of the coins to reward OpenSea users, which is very rare. In the absence of core uses and endorsements of the project, its only advantage lies in its narrative. Therefore, those OpenSea users who receive "private rewards" actually rely on investors in the secondary market to foot the bill. Therefore, everyone must understand the logic of this and decide whether to invest after understanding it.