xSuter | Guide, Rules and Introduction
Suterusu released xSuter Guide, Rules and Introduction.
🔹What is xSuter
Holding xSuter is the only way to participate in the Suter Shield service revenue sharing program. You can always be one of the community members who receive a piece of Suter Shield service fee by holding and locking xSuter when the fee is distributed.
To date, the service fee pool has over $2.5 million U.S. dollars which is composed of 2,225 BNB, 918,312B USD, 430 Cake, and 15 Bakery tokens.
In the future, xSuter holders will have more previliges, including but not limited to 100% fee pool sharing, voting, participating in remaining xSuter via auction, xSuter private transaction liquidity mining etc. More features will be defined by xSuter holders in the future.
🔹Total amount and distribution of xSuter
1. 32,000 xSuter in total.
2. 19,000 xSuter will be auctioned in the first round. Before the end of the auction, a certain amount of Suter tokens needs to be staked for a certain period (1/3/6 months) in exchange for the bidding power, and 19,000 xSuter will be allocated according to the xSuter holders’ bidding power, which is proportional to the amount of staked xSuter tokens and the staking period length.
3. 1,000 xSuter will be airdropped. Participants need to meet the basic requirements of the strategic cooperation platform to get the airdrop, like join the telegram group, retweet, etc. Each successful address can only receive an airdrop reward for once, and the airdrop reward is evenly distributed among the addresses.
4. How the remaining 12,000 xSuter is distributed will be determined by Suter token holders through DAO voting mechanism in the future.
5. The xSuter auction is held on the official website only: xsuter.suterusu.io, the token type is BEP-20
6. The strategic partners and guide of how to join the airdrop program will be announced soon
🔹Future xSuter features
1. Add xSuter and other token trading pairs on decentralized exchanges
2. xSuter adds privacy feature, Suter Shield will supports xSuter privacy payment
3. Suter privacy transaction mining pool will be open to xSuter
4. xSuter and other trading pairs conduct liquidity mining on decentralized exchanges such as PancakeSwap to reward Suter
5. xSuter holders can participate in the decentralized governance of the xSuter community
