Socotra Swap Overview

Published on: 07.11.2021

Socotra Swap will set up a bonus pool among various boards for community reward, currency holding reward and liquidity mining reward. Socotra Swap was founded based on this vision and takes a reward approach, which is to multiply, absorb or create various interesting projects, activities, and reward mechanisms within the scope of current ideas, innovations, and derivatives of blockchain technology, which are suitable for the public, easy to promote and can form an effective community. And build a truly decentralized community with decentralized projects, sections, and activities.

Socotra Swap is a grafted community platform (BSC chain) based on blockchain technology. On Socotra Swap you can easily find the sections you like (games, NFT, revenue mining, mutual assistance activities, etc.) By participating in the community, you can create your favorite theme and get community support without coding or
deployment.

Socotra Tokenomics

  • 10B SCR Total Supply
  • 17% 1.7B SCR Sale Token
  • 17% 1.7B SCR Airdrop Instant Claim
  • 6% 600M SCR Community Event
  • 5% 500M SCR Partnership
  • 5% 500M SCR Team Development
  • 10% 1B SCR Liquidity

WHY Socotra?

  1. REWARD POOL — Socotra Swap will set up a bonus pool among various boards for community reward, currency holding reward and liquidity mining reward.
  2. LIQUIDITY TOKEN — Socotra tokens that only participate in the pro rata mining bonus pool
  3. HOLDING BONUS — The holding is dividends, both the project SCR tokens and the liquidity mining sub-tokens BAAL will receive continuous dividends from the bonus pool.
  4. BURNING SYSTEM — An automatic burning system will be set up.
  5. REFERRAL REWARD — Socotra Swap will set up a bonus pool between various sectors for project referral rewards.
  6. SMART CONTRACT — Socotra Swap authenticates all communities, projects, and activities using the wallet address on each chain as a unique identity.

As per writing Socotra platform is holding an $SCR airdrop program.

ABOUT Socotra Swap
Socotra Swap provides a completely decentralized community, giving the ownership of the community `back` to the creator, and rewarding users with an open and transparent mechanism to increase community activity.

RESOURCES
Website | Twitter

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