What is $SUPL?
$SUPL is a utility SPL-token on the Solana network, created for and by the Suplar platform. It enables transactions in the platform, is used for rewarding asset articles and other community participation, and represents votes in governance.
$SUPL is one of the core currencies for paying transactions using the Suplar platforms’ $SUPL-based funds and creating new decentralized funds.
$SUPL will represent as votes governance decisions related to the token and the Suplar platform in the future.
Core mechanics of $SUPL that drive its supply and demand.
Fixed Token Supply
$SUPL has a fixed supply of no more than 500,000,000 to combat further inflation.
$SUPL Locked Staking
Suplar will provide locked staking pools for $SUPL in the future for users to benefit from the increased use of the platform.
Suplar $SUPL Funds
Decentralized $SUPL funds on Suplar will use $SUPL to measure gains or losses in a particular $SUPL-based fund.
Every transaction in a $SUPL-based fund will be 0.3% when joining and exiting a fund.
Driven By Community
Suplar will reward community actions with $SUPL that drives the token’s utility by rewarding positive measures for further growth.
Suplar will save a reserve of $SUPL from increasing liquidity mining rewards in the early stages of the platform’s launch to increase public ownership and liquidity.
Discover how Suplar will distribute $SUPL between all stakeholders.
|Private Sale Reserve||10.00%|
|Public Sale Reserve||20.00%|
|Asset Article Program||5.00%|
|Platform Incentive Fund||1.00%|
All privately held $SUPL will be locked, including allocations to team, advisors, and private investors. After one year cliff period, 20% of the privately held $SUPL will be unlocked, and then the rest will be unlocked over 12 quarters.
More to come soon
Please refer to this page or our community channels for any updates.