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Layer 2 & App Liquidity Pools

SATO Phase 2 - Automatic Rebase

Platform
Liquidity Pool
Link Address
Start Time
SwapAll App
SATO - USDT
00:00 - April 16, 2021 (UTC)
SwapAll Layer 2
SATO - USDT
00:00 - April 16, 2021 (UTC)
BurgerSwap
SATO - USDT
01:00 - April 16, 2021(UTC)
LavaSwap
SATO - USDT
01:00 - April 16, 2021 (UTC)
VirgoX
SATO - USDT
01:00 - April 16, 2021(UTC)
SwapAll App
USDT - SAP => SATO
00:00 - April 16, 2021 (UTC)
SwapAll Layer 2
USDT - SAP => SATO
00:00 - April 16, 2021 (UTC)
The SwapAll APP and SwapAll Layer 2 will start the rewards distribution at USDT-SATO and SAP-USDT liquidity pools on April 16, 2021 (UTC Time).
The SwapAll APP and SwapAll Layer 2 will simultaneously launch the USDT-SATO and SAP-USDT liquidity pools. At this phase, SATO will initiate rebase, and release the 3 million Genesis SATO in 3 rounds. Liquidity pool farming will be open for 3 rounds.
【The First Round】
  • SAP-USDT: At 00:00 (UTC Time) on April 16th, the current SATO Phase 1 rewards will be distributed for the last round. The first round of SATO Phase 2 rewards will be distributed at 01:00 (UTC Time) on April 16th.
  • USDT-SATO: The pool will be launched at 00:00 (UTC Time) on April 16 (staking will be open), the USDT-SATO swap will be available at 00:10 (UTC Time), and the first round of rewards will be distributed at 01:00 (UTC Time) on April 16.
【Rewards Amount】
  • First round: from 00:59 on April 16 to 00:59 on July 9 (UTC Time), for a total of 12 weeks, the Genesis supply will be 2.1 million tokens (64285.7142857143 tokens per day in the first two weeks). The SAP-USDT and USDT-SATO pools are allocated by 1:4.
  • The rules and supply amount for the next two rounds will be announced before the end of the first round.
【Production Reduction】
The production will be reduced once every two weeks for a total of 5 rounds. The reduction coefficients for each round are 0.5, 0.6, 0.7, 0.8, 0.925 respectively.
【Liquidity Lock-up for Triple the Return】
We will enable the LP lock-up farming one month after the liquidity pool launches. If you lock up the USDT-SATO-LP obtained when you provide liquidity to the USDT-SATO pool, you will get triple the profit for the locked part. The locked LP can only be unlocked after the lock-up period ends.
More details about LP lock-up will be announced later.
Last modified 7mo ago
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