SATO Phase 2 — Automatic Rebase

The SwapAll APP and SwapAll Layer 2 will simultaneously launch the USDT-SATO and SAP-USDT liquidity pools on April 16, 2021. At this phase, SATO will initiate rebase, and release the 3 million Genesis SATO in 3 rounds. 【Liquidity pool farming will be open for 3 rounds】

【The First Round】

• SAP-USDT:
  At 08:00 (UTC+8) on April 16th, the current SATO Phase 1 airdrop will be distributed for the last round. The first round of SATO Phase 2 airdrop will be distributed at 09:00 (UTC+8).
• USDT-SATO:
  The pool will be launched at 08:00 (UTC+8) on April 16 (unstakable), the USDT-SATO swap will be available at 08:10 (UTC+8), and the first round of airdrop will be distributed at 09:00 (UTC+8).

【Airdrop Amount】

• First round: from 08:59 on April 16 to 08:59 on July 9 (UTC+8), for a total of 12 weeks, the Genesis supply will be 2.1 million tokens (64285.7142857143 tokens per day in the first two weeks). The SAP-USDT and USDT-SATO pools are allocated by 1:4.
• The rules and supply amount for the next two rounds will be announced before the end of the first round.

【Production Reduction】

The production will be reduced once every two weeks for a total of 5 rounds. The reduction coefficients for each round are 0.5, 0.6, 0.7, 0.8, 0.925 respectively.

【Liquidity Lock-up for Triple the Return】

We will enable the LP lock-up farming one month after the liquidity pool launches. If you lock up the USDT-SATO-LP obtained when you provide liquidity to the USDT-SATO pool, you will get triple the profit for the locked part. The locked LP can only be unlocked after the lock-up period ends.

More details about LP lock-up will be announced later.

Follow Us

SATO official website: https://sato.trade/

SATO official Twitter: https://twitter.com/SatoToken

SATO official Discord: https://bit.ly/3cnsdgw

SATO official Telegram channel: https://t.me/sato_announcement

SwapAll’s website: https://swapall.io/en

Risk warning: Cryptocurrency trading is subject to high market risk. Please make your trades cautiously. SwapAll will make the best efforts to choose high-quality coins, but will not be responsible for your trading losses.