SOFA.org Review: What to Know Before Using It
SOFA.org is an open-source DeFi project for crypto options and structured products. Its basic purpose is clear, but there isn’t enough detail to assess costs, security or how to use it safely.
By the SkyBitcoins review team · Updated
At a glance
SOFA.org key facts
| Type | Open-source DeFi options and structured products |
|---|---|
| Chains | Ethereum, Arbitrum, BNB Chain, Polygon |
| Tokens | RCH utility; $SOFA governance |
| Audits | Two audits listed; scope and details unknown |
| Token | RCH |
| Value locked | $1.25M+47.3% 7d |
| Updated |
SOFA.org FAQs
What is SOFA.org?
SOFA.org describes itself as a nonprofit, open-source organization building DeFi protocols for crypto structured products and options. Its materials also refer to an Automator product, but its functions and available markets aren’t established here.
What are RCH and $SOFA?
RCH is identified as the protocol’s utility token, while SOFA.org’s tokenomics description refers to $SOFA as its governance token. Token rights, distribution and current reward terms aren’t established here.
Which chains does SOFA.org support, and what does it cost?
Ethereum, Arbitrum, BNB Chain and Polygon are listed as supported chains. SOFA.org’s fees, custody model and the steps needed to use a product aren’t established here, so check the protocol’s current documentation before connecting a wallet or depositing assets.
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How we checked
Sources
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