Exciting news for crypto enthusiasts! The long-awaited launch of the $SUDO governance system is finally here, alongside the Airdrop & Lockdrop. Join the movement and take advantage of this innovative platform that will revolutionize the way NFT traders buy & sell, with minimal fees. Sudoswap, an automated market maker (AMM) protocol, allows for NFT-to-token swaps using customizable bonding curves such as Linear, Exponential, and XYK. Liquidity providers can deposit NFTs and/or ETH/ERC20 tokens into pools, where users can purchase or sell NFTs. With the $SUDO governance token initially non-transferable, a minimum delegation of 300K SUDO is needed to create proposals. Successful execution of proposals requires 2.4M SUDO and a majority vote after a 5-day voting period.
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$0.036264054
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About SudoSwap
Introducing the launch of SUDO Governance, along with the Airdrop & Lockdrop. Our protocol, AMM, simplifies NFT-to-token swaps and vice versa by offering three types of customizable bonding curves (Linear, Exponential, and XYK) to adjust asset prices. Users can add NFTs and/or ETH/ERC20 tokens to liquidity pools and engage in buying or selling NFTs. The price of an NFT changes either by a flat amount (linear) or a percentage (exponential) of the price after each trade. The XYK curve adjusts NFT prices by maintaining the product of two virtual reserves constant after every transaction. Initially, the SUDO governance token will be non-transferable until approved via a standard governance vote. To propose ideas, a minimum delegation of 300K SUDO is needed, with successful execution requiring 2.4M SUDO and majority approval following a 5-day voting period.
Step-by-step guide
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.
Disclaimer: This content is for educational and informational purposes only and does not constitute financial advice. Conduct thorough research before making any deposit/investment decisions (DYOR).
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