Hello Satopay Community,
Our announcement for SPY airdrop was very well received & well supported by our community, And it makes me extremely happy to share the details of SPY airdrop & ICO with all of you.
Maximum Supply: 780000 SPY
Presale: 100000
Staking Rewards For SPY Holders 200000
Liquidity: 50000
Air Drop for STOP Holders & Liquidity Providers 300000
Merchant Development Program 130000
ICO Price: 1 SPY= USD 0.343 (as per todays ETH rate)
Uniswap Listing Price= USD 0.68( as all the raised ETH will be added to provide liquidity on UNISWAP
PRESALE START DATE: 25th of September 8:00 AM EST
PRESALE END DATE : 28th of September 8:00 AM EST
AMOUNT TO BE RAISED: 100 ETH
SPY Distribution: 29th of September 2020
50% of Presale tokens will be distributed on 29th of September, Rest of the tokens will be distributed to presale buyers in 3 equal installments on biweekly basis( Biweekly release on every Sunday after 1st of October)
Release Dates: 4th October - 18th October- 1st November.
Uniswap Listing : 29 September 2020
# SATOPAY Team has decided to allocate complete 100 ETH for liquidity on UNISWAP, Marketing and listing on other exchanges will be covered from our existing funds.
SPY AIRDROP FOR STOP HOLDERS & LIQUIDITY PROVIDERS
SPY Allocated for Airdrop: 300000 SPY
In order to compensate big holders and small investors in equal manner we have divided this airdrop in following categories-
- Total Allocation :45000 irrespective of your STOP holdings.
15000 SPY Tokens will be distributed to all the STOP token holders on 5th of October irrespective of their holding, snapshot will be taken at 10:00 AM EST & distribution will be immediately after that. Similar snapshots will take place on 5th of November and & 5th of December and distribution of same amount will be immediate after snapshot to all the STOP token holders. - Total Allocation: 100000 for liquidity providers
Snapshot of LP tokens(0x77d97e9622deae2744f1bdbd9aa6fe3c41dfddd5 )for SATOPAY liquidity providers will be taken on monthly basis and 5000 SPY will be distributed to LP token holders on 1st of every month starting 1st of October. Distribution will be on the basis of amount of liquidity added by an individual, a detailed post will be shared with the community in next 2 days on how the calculation for distribution will be done. - Total Allocation: 55000 SPY for STOP Presale buyers
All the presale buyers who are still holding exact amount of STOPS that they purchased will only be eligible for this airdrop, they will have to fill a form which will be made available tomorrow, 55000 tokens will be allocated towards them which will be distributed over the next 5 months in equal monthly installments, distributed on 1st of every month starting 1st of October. - Total Allocation: 100000 SPY for STOP Holders
Only wallets with minimum 500000 STOP & 1 Million STOP will qualify for this airdrop. A snapshot will be taken on 1st of every month starting 1st of October and each wallet with 500000 & above but less then 1 Million STOP holdings will be rewarded 500 SPY Tokens per wallet & Wallets with Holdings of 1 Million and above STOP tokens will be eligible for 1250 SPY Tokens, Distribution will be immediate after snapshot. This airdrop will only run till the time allocated budget is exhausted.
For any further queries please join our telegram group and feel free to contact us on info@satopay.network.
