Superseed Unveils Supersale with Self-Repaying Loans and Community-Centric Tokenomics
Lisbon, Portugal, December 10th, 2024, Chainwire
The Superseed Foundation has officially launched its public token sale, the Supersale, inviting participants to join a community-first approach to DeFi. At the heart of this initiative is the Superseed ($SUPR) token, designed to enable self-repaying loans and ensure that all protocol-generated funds are directed toward repaying user debts. With innovations like Supercollateral and Proof-of-Repayment, Superseed aims to offer a sustainable, user-focused ecosystem.
The Supersale presents a transparent, fair, and inclusive token sale model, with 20% of the total token supply available for purchase. All tokens are fully unlocked at the Token Generation Event (TGE) in January 2025, providing utility in an ecosystem designed for the long term.
A New Approach to Decentralized Borrowing and Repayment
Superseed combines a Layer 2 blockchain with a collateralized debt position (CDP) system, introducing new DeFi primitives that differ from existing platforms:
Supercollateral: This feature allows $SUPR token holders to access interest-free loans that repay themselves over time. Platform-generated funds, including Layer 2 sequencer fees, auction proceeds, and interest from non-supercollateral assets in the CDP are used to pay down these loans, meant to make borrowing more accessible and sustainable.
Proof-of-Repayment: A daily auction where users bid on Superseed’s tokens, with the proceeds used to repay user loans, creating a system that works to benefit participants and supports platform growth.
These features enable the Superseed protocol to channel 100% of its net proceeds back into repaying Supercollateral loans, aligning platform growth with user benefits. With no VCs, Superseed emphasizes a community-first approach, ensuring a level playing field for all participants.
A Tokenomics Model Built For Onchain Users
The Supersale starts with a $20 million circulating market cap and a $100 million fully diluted valuation (FDV). The design is intended for liquidity and balance, the sale includes a dynamic pricing model that rewards early participants with bonus tokens.
Contributions start at 250 USDC/USDT, with a maximum cap of 100,000 USDC/USDT per participant. Notably, there are no vesting schedules—tokens purchased will be fully claimable shortly after the mainnet launch.
This structure aims to minimize inflation risks and foster a liquid market, meant to ensure a stable foundation for the long term. The starting token float consists solely of Supersale tokens, reinforcing the community’s role in driving the ecosystem from day one and creating a space where onchain individuals can thrive.
Collaborating For A Stronger Ecosystem
Superseed is designed to work seamlessly with top-tier DeFi applications, creating an interconnected ecosystem that enhances user experience and opportunities.
While Supercollateral and Proof-of-Repayment will roll out gradually after the mainnet launch to ensure security and functionality, the platform will immediately host a DeFi ecosystem at TGE, offering participants immediate utility and engagement.
Participation in the Supersale
The Supersale runs for 30 days or until all tokens are sold out. To join, participants must complete identity verification, which ensures compliance with regulatory requirements. With no venture capital influence, the Supersale represents a fair and transparent entry into a user-first DeFi ecosystem.
Users can visit supersale.superseed.xyz to learn more about participation requirements, the $SUPR token, and the innovative features of the Superseed platform.
Note: Superseed is actively developing the CDP platform, Supercollateral, and Proof-of-Repayment mechanisms. To ensure the highest security standards, these core components will be deployed gradually after the mainnet launch. Each feature undergoes extensive development, testing, and security reviews before implementation. This methodical approach allows continuous optimization while maintaining protocol safety.
About Superseed
Superseed is a web3 project that reimagines DeFi. As an Ethereum Layer 2 solution built on the OP Stack, Superseed is designed to enhance the DeFi experience by introducing innovative features like Supercollateral and Proof of Repayment. Their mission is to create an ecosystem where users can thrive with financial freedom, offering a platform where 100% of on-chain proceeds are used to repay user debts automatically. Superseed aims to foster a community where collective growth and responsible financial practices are paramount. They are committed to building a scalable, low-cost environment tailored for DeFi enthusiasts, encouraging developers and users alike to explore and expand the potential of blockchain technology. With a focus on user empowerment, Superseed is planting the seeds for a more equitable and transparent financial future.
