SuiPad Liquidity Launch

May 11 update – the team has announced the token will launch on Kucoin, Gate.io and Mexc at 11am UTC today. They are not answering people who ask if it will list on a DEX. TGE for presalers appears to be at noon UTC.

Liquidity launch for a new launchpad on Sui.

A time has not been announced for this launch, only that it is May 11. This time is a placeholder.

DETAILS

• Presale Details
  • Presale for OG (Private) round began May 7 2023, 1pm UTC
  • Presale for WL (Public) round began May 8 2023, 1pm UTC
  • OG (Private) Round Price: $0.035
  • WL (Public) Round Price: $0.05
  • Listing rate: TBA
  • Private round vesting: 10% TGE, 3 months cliff, then 10% monthly
  • Public round vesting: 50% at launch, 25% monthly
  • Initial circulating market cap: $1,034,800
  • Taxes: 0%
  • Token distribution: May 11 2023, 12pm UTC

• Mechanics & Features
  • Multi-tiered staking system
  • $SUIP utility – staking for launchpad allocations, governance

• Tokenomics
  • Token symbol: SUIP
  • Total supply: 100,000,000
    • 2% — Pre-Seed (3% TGE, 3 months cliff, then 10% monthly, 7% last month)
    • 14.2% —Seed round (8% TGE, 3 months cliff, 10% monthly, 2% last month)
    • 22% — Private round (10% TGE, 3 months cliff, then 10% monthly)
    • 9.8% — Public round (50% TGE, then 25% monthly)
    • 10% — Liquidity
    • 20% — Team (12 months cliff, 5% monthly)
    • 3% — Advisors (6 months cliff, 10% monthly)
    • 4% — Marketing & community (6 months cliff, 10% monthly)
    • 13% — DAO Treasury (100% unlocked, to be decided by DAO)
    • 2% — Launchpool (20% TGE, then 25% monthly)