Hello Satopay Community,
Last month we have seen huge growth for STOP & SPY holders. Looking at the current level of enthusiasm in our community we are committed to develop and make Satopay ecosystem a successful working model.
We have a long list of releases and development updates scheduled for next 30 days.
A separate article about Satopay Wallet and Payment gateway development updates, and STOP migration to BSC will be released on April 3 2021
BSC Bridge for both SPY & STOP will be ready for community on April 15 2021.
SPY & STOP STAKING
SPY staking will go live along with STOP staking on April 12 2021 in our inhouse SATOPAY WALLET.
Pool 1
- 100000 Reward Pool
- Maximum Input: 100000 SPY
- Minimum Contribution: 5000 SPY
- Maximum Contribution:10000 SPY
- Annual Yield: 100%
- Lock Up: 8 Months
# Reward Distribution at the end of the tenure
Pool 2
- 80000 Reward Pool
- Maximum Input:- 100000
- Minimum Contribution:- 2000 SPY
- Maximum Contribution:- 5000 SPY
- Annual Yield:- 80%
- Lock Up:- 6 Months
# Reward Distribution at the end of the tenure
Pool 3
- 60000 Reward Pool
- Maximum Input: 100000 SPY
- Minimum Contribution: 800 Spy
- Maximum Contribution: 2500 Spy
- Annual Yield: 60%
- Lock Up: 3 Months
# Reward Distribution at the end of the tenure
# Early withdrawals will lead to forfeit of reward tokens, only invested tokens will be returned back to investors wallets.
#Any extra tokens left from the ones allocated for staking rewards due to early withdrawals or due to non filling of pools will be burnt.
Liquidity Mining:
Spy Holders have maximum earning capacity for any investors & to create more demand we will be introducing a high yield liquidity mining protocol for SPY on BSC, with annual yield of 300% for liquidity providers, more details will be announced in first week of April.
SPY holders above 2000 tokens for consecutive 30 days in their wallets will receive 50% airdrop of their holdings, snapshot will be taken for both the Erc20 and BSC chain and distribution will be done starting May 1 2021, Each holder will receive 10% of their airdrops in 5 equal monthly installments with daily snapshots at 12:00 PM EST starting April 1 2021.
No SPY allocation will be given ever for any influencer or for any member of the team, SPY will be a completely community oriented token, held by community and promoted by community.
SATOSINO BETA TESTING -
Satosino Beta testing will begin on April 10 2021, Following are the eligibility criteria to take part in SATOSINO BETA TESTING:
# Must hold 3000 SPY tokens on Satosino.
# Must input 30000 STOPS for playing games
During beta testing we will be selecting 50 users from our community on first come first served basis, who will compete amongst each other to be on top of the leader board.
$6000 USD pool will be distributed equally amongst all the 30 participants & $5000 in total will be awarded to the top 3 of the leaderboard at the end of beta testing on April 25 2021.
1st Rank- $2500 Reward
2nd Rank- $1500 Reward
3rd Rank- $1000 Reward
A new website for SATOPAY will also go live on April 10 2021.
Thank you for your patience & continuous support,
SATOPAY TEAM.
Website: https://satopay.network/
Telegram : https://t.me/SatoPay
