Exciting news for all crypto enthusiasts! The highly anticipated $SUDO governance launch is finally here, accompanied by the launch of the Airdrop & Lockdrop.
Get ready to join the movement and reap the benefits of participating in this innovative platform that will change the way NFT traders buy & sell, with fees of just 0.5%.
About SudoSwap
Sudoswap is an automated market maker (AMM) protocol that facilitates NFT-to-token swaps (and vice versa) using three types of customizable bonding curves to adjust asset prices (Linear, Exponential, and XYK).
Liquidity providers deposit NFTs and/or ETH/ERC20 tokens into liquidity pools and users can buy or sell NFTs. The price of an NFT is changed by either a flat amount (linear) or a percentage (exponential) of the price after every purchase or sale from the pool. An XYK curve adjusts the price of an NFT by keeping the product of two virtual reserves constant after each trade.
The $SUDO governance token will initially be non-transferable until approved through a standard governance vote. A minimum delegation of 300K SUDO is required to create proposals, with a successful execution requiring 2.4M SUDO and a majority vote after a 5-day voting period.
How to join the SudoSwap Airdrop?Requirements to earn free crypto coins
Native blockchain
Step-by-Step Guide ''SudoSwap Airdrop & Lockdrop''
Early trade pool sudoAMM LPs and 0xmons NFT hodlers before snapshot dates are also eligible for a retroactive Airdrop. This post outlines the Airdrop distribution of $SUDO.
- Go to the SudoSwap Airdrop page.
- Connect your wallet to check Airdrop eligibility & Claim.
- Lockdrop: You can Lock $XMON tokens for a period of 1 month to get 10,000 $SUDO/XMON in your wallet immediately after locking. The deadline is Thu Mar 02, 2023, @ 04:04:06 GMT+1. Please note that there is no way to exit the Lockdrop early. All users unlock at the same time.
▪️ $SUDO hodlers can start participating in governance to vote on adjustments to fees, routers, external contracts, and bonding curves through on-chain proposals using frontends like Tally.xyz/gov/sudoswap.
* Caution: The $SUDO token for sudoAMM has not yet been deployed. Beware of Scams!
When using decentralized applications (ÐApps), it’s critical to remember that YOU are responsible for the security of your digital assets!
Disclaimer: Investors should take the time to examine any given product before they deposit or invest their funds!
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