xSuter | $2.5M Giveback to Community
Free, or almost free, Yes, we have to admit that the crypto community loves the word — Free. Defi mania is driven by liquidity mining, in which people stake their cryptocurrency for whatever free tokens they can get. Meme coins, people get almost free if they are early birds, even…BTC, looking back, we all wish we were the one who sold a pizza for 20k BTC :)
Now you get a new token for free — xSuter, or USD 2.5M+ for free.
To all the Suterians and all the community out there who are keen to know more about Suterusu and willing to adopt the exploding state-of-the-art private payment infrastructure — Suterusu Shield. We now officially give you the intro of xSuter.
Since the official launch of Suter Shield on BSC, the first multi-chain private payment network, Suter Shield has grown rapidly, and right now it has accumulated transaction volume of over 250m USD worth of BNB and BUSD, over 4.7k users and it generated a big stack of network fees of USD 2.5M in the form of a basket of valuable tokens including 2.2k+ BNB, 918k BUSD, 430 Cake and 15 Bake tokens (To date).
And we now want to give all the network revenue accumulated so far, yes, $2.5M back to the community and to all the Suter token holders (they call themselves Suterians) and those who support us out there, for free, Yes, you can get it for free if you hold xSuter tokens.
Now how to get the xSuter token?
1/ Genesis Auction by locking Suter token for a period of time
2/ Airdrop event
Total xSuter token = 32,000, no inflation, fixed amount
1/ Genesis Auction xSuter token = 19,000
2/ Airdrop xSuter = 1,000
3/ xSuter token reserved for future auction = 12,000
What are the benefits of receiving the free xSuter token?
1/ Immediate and Constant Revenue sharing!!
And even the revenue and network continue to grow and generated network fees every day, we have decided the first revenue-sharing pool by snapshot at 1 hr before the xSuter Genesis Auction, estimated over USD 2.5M, which means for one xSuter if you hold till the revenue sharing event (24hrs after the end of the auction), you can get at least USD 120 worth of BNB/BUSD/Cake/Bake for the first revenue sharing, and you can continue to participate the future revenue sharing event once a month if you hold xSuter token.
2/ The only way to unlock your Suter participated in the Genesis Auction
xSuter that you get from Genesis auction, by locking your Suter token which you bought and accumulated over time, is valuable, needless to say. If you stake your Suter token in the Genesis auction via the Auction event, you can get a certain amount of xSuter, for example, if you staked 100k Suter token for 3 months, you get 1 xSuter, if you want to unlock your Suter token in 3 months, you have to hold at least 1 xSuter and send back to the contract to unlock your 100k Suter tokens. And you can withdraw your xSuter 15 days after you unlock your suter tokens. If you sold xSuter before the unlock event, and you don’t buy 1 xSuter back, you will not be able to unlock your Suter staked. Having xSuter is the only way to unlock your staked Suter tokens, so keep it safe!!
3/ Governance token
xSuter token holders will form a committee to set the future revenue distribution date, what portion of revenue to be distributed and how it will be distributed, and so on. xSuter token holders will have voting power for many things, and they will be the ultimate owners of the revenue collected from the Suter Shield.
4/ Tradable
xSuter will be used in privacy transaction mining, liquidity mining, and most importantly, it is tradable!! It is released as a BEP-20 token, and holders can withdraw, trade and transfer.
Details pls check the xSuter Guide
Excited to get at least 1 xSuter? Here are two ways you can get xSuter for free!!
Details of 19,000 xSuter token Genesis Auction
1/ First revenue pool snapshot at 1hr before the Auction
2/ Auction starts May 26th, 3 PM PT — duration of 48hrs, ends on May 28th
3/ You can claim your xSuter right away after the Genesis auction
4/ You can withdraw, transfer, trade, or leave your xSuter alone after the auction
5/ 24hrs after the Genesis Auction, we initiate the revenue sharing event. In the first 24hrs, you need to lock your xSuter to the revenue sharing smart contract and the 2.5M will give back to the people who staked the xSuter within 24 hours, and the distributed amount will be determined by the portion of xSuter tokens in the pool
6/ Withdraw your xSuter and Claim your revenue right away!
In the xSuter Genesis Auction, you can choose 1 month/3month/6month to get a different multiplier for your Suter token amount staked, 1.0/1.2/1.5 respectively. For e.g, if you staked 100k Suter token for 3 months, then you can have 100k x 1.2 = 120k Suter token weight to participate in the auction. Notice, you can only pick the length of the staking period for once. Once the staking length is selected, you can no longer change the multiplier during the auction no matter how many suter tokens you have staked.
The whole process, all you need to cover is the Gas fee during deposit and withdrawal, but thanks to the BSC network, it is cheap and very efficient.
Details of 1000 xSuter Airdrop event
We will announce a partnership for our Mega Airdrop event very shortly, all the community members who joined the lucky draw are greatly welcomed!!! At least $120 revenue shared to 1 xSuter !! This means we giveaway USD 120k in the Airdrop event.
As a team focused on building, we appreciate the community support along the way, especially for all Suterians. A sincere gift to you all is the least we can do, please go to xSuter.suterusu.io to find out more details, participate in the Genesis Auction and Airdrop event, Claim the gift — xSuter!
