• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Superseed's Supersale: Broad Participation and Interest-Free Model

user avatar

by Giorgi Kostiuk

a year ago


The Superseed Foundation has announced the Supersale, a new token distribution event that will run until January 8, 2025, raising $4 million without venture capital involvement. Offering 20% of its total token supply directly to users, Superseed sets a new standard for community-first token launches.

A new era for token launches

Superseed's Supersale is open to a wide range of participants, running from December 9 to January 8. Individual contribution limits range from $250 to $100,000, preventing token concentration among a few privileged participants and supporting the Foundation's mission to make DeFi accessible to everyone.

Supercollateral: interest-Free, self-paying loans

Superseed's Layer-2 solution introduces the concept of Supercollateral, allowing interest-free loans that repay themselves through protocol-generated fees. As the protocol's usage grows, borrower debt automatically decreases, inverting the traditional financial model where growth primarily benefits shareholders.

Proof-of-Repayment: converting network growth into debt reduction

Superseed's Proof-of-Repayment operates through a daily auction mechanism with a 2% annual token inflation rate. Participants bid with the protocol's stablecoin to obtain newly minted Superseed tokens, with each winning bid reducing Supercollateral borrowers' debt. This economic loop ties protocol expansion to real user benefits.

By rejecting venture capital funding, Superseed Foundation aims to return decentralized finance to its core purpose: blockchain-based financial freedom. With $4 million already raised, the Supersale showcases community enthusiasm for a DeFi project that puts user benefit first.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Apeing Gains Traction with Whitelist Access

chest

Apeing's whitelist structure is gaining attention as it offers early entry advantages in the crypto market.

user avatarAisha Farooq

UK Seizes 60,000 BTC in Record Legal Maneuver

chest

The UK has executed the largest Bitcoin seizure in history, reflecting the complexities of cross-border cryptocurrency cases.

user avatarLi Weicheng

Investor Caution Grows as Software Loan Defaults Rise

chest

Investor caution is increasing as the software industry experiences a rise in loan defaults, with thirteen companies failing to meet debt obligations over the past two years.

user avatarTenzin Dorje

Zero Knowledge Proof Launches Presale Auction

chest

The presale auction for Zero Knowledge Proof (ZKP) is now live, aiming to raise $17 billion. This auction allows public participation, avoiding closed-door access and ensuring fair distribution of ZKP coins.

user avatarBayarjavkhlan Ganbaatar

CertiK Keeps IPO Plans Open as Valuation Hits $2B

chest

Blockchain security company CertiK is considering a future IPO as its valuation reaches $2 billion.

user avatarMohamed Farouk

UBS Explores Crypto Trading for Wealthy Clients

chest

UBS is reportedly considering opening crypto trading for its private banking clients, allowing select clients in Switzerland to trade Bitcoin and Ether.

user avatarElias Mukuru

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.