SugarDollar logo

SugarDollar

Total Users
- No data available.
Rewards
chest
chest
chest
chest
Volume
The fiat value of incoming dapp transactions over a period of time
- No data available.
Contract Balance
The total fiat value of assets in a dapp's smart contracts
- No data available.
Category
- No data available.
Blockchain
- No data available.
Language
- No data available.
Official links
Social media

News

Ethereum's Glamsterdam Upgrade Scheduled for Hoodi Test Network

Ethereum's next major upgrade, Glamsterdam, is set to activate on the Hoodi test network on October 26, marking a significant step in testing changes to block production and execution costs.
user avatar

Miguel Rodriguez

International Crackdown on West African Scam Networks Results in 28 Arrests

An international effort against West African scam networks has led to 28 arrests and the removal of over 37 million accounts linked to fraudulent activity.
user avatar

Luis Flores

Stablecoin Payment Transactions Surge Despite Flat Supply

A new report reveals a significant increase in stablecoin payment transactions, contrasting with stagnant supply levels.
user avatar

Arif Mukhtar

What is SugarDollar?

SugarDollar will be pegged to US$1 and stabilized through an arbitrage mechanism. When the price of sUSD exceeds $1, it becomes profitable to mint sUSD by using CKIE and USDC and then sell the sUSD on the market. If the price drops below $1, then it is profitable to buy back sUSD as collateral that can be used to buy sUSD in the market.

SugarDollar

$CKIE — a token, used to buy buildings, upgrades and expand the warehouse. This is the ERC20 that is given out to players as a reward on the Polygon blockchain.

The token is taxed at 5% for anyone who makes sales less than 30 days. The collected money goes into the game treasury and is used through profitable farming to stabilize and get more liquidity for the token.

The SugarDollar Treasury — a simple contract that stores the game's liquidity, it has a single function that an admin can call when the price of a token is below its low value.

This function will neutralize a percentage of LP, while it will buy more $CKIE and burn everything so that the value of $CKIE returns to normal.Sugar Dollar

For everyone who wants to invite people to the project, a referral system will operate. The referral system will be simple, the user who invited another person will receive 1%. The referral system only works when a user invites a person who has never applied for $CKIE.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.