The Superalgos (SA) Token is distributed exclusively among contributors as an incentive. When you buy tokens, you are directly supporting the people working to bring you the best trading automation tools.
The community set up significant incentives via the governance system to encourage people to add liquidity to the existing pools or create new ones. Read the article to learn all about this opportunity, which is too a great way to help the project and contributors!
Learn everything about the Superalgos (SA) Token Demand Drivers including an analysis of the Market Cap Game, the roadmap, the governance and priority utilities, the lack of requirements to spend the token, and the Trading Intelligence Game.
The discovery, the rabbit hole, checking the team, understanding the project, understanding the business, the target market, the potential, the competition, challenges and threats, the community, the token, the opportunity.
Everyone in the collaboration earns tokens for their contributions. From project founders to the last user participating in governance, we are all contributors. We all share the same incentives and collective goals!
Superalgos features decentralized governance by which the community votes with reputation and token holdings to determine the direction of development and how to distribute incentives. Because broad participation is crucial, the sole act of engaging with governance earns you tokens. For instance, Community Building Programs grant you a token bonus. Voting is incentivized too, and you may also choose to participate in the Staking Program.
In a mature state, the Superalgos Network will channel a significant fraction of the world's trading volume. The right to influence the governance of the dominant trading intelligence network will become a precious commodity.
The tokens you earn when contributing to the project determine your reputation. You may leverage reputation to increase your Voting Power and your Priority Ranking getting signals! Reputation is not transferable, so the tokens you acquire by any other means (buying, swapping, borrowing, trading, etc.) do not carry a reputation value. Only addresses that received tokens directly from the Treasury Account grant you reputation in the governance system.
Superalgos is a community-centric project. We value the work of contributors above everything else. Contributors must protect the core values of the project, and thus, will always have a stronger voice in governance matters.
Premium products and services emerging from within the ecosystem are only available to token holders. The first and foremost example of an exclusive service is accessing the predictions of the collective AI models trained by the community. The priority utility refers to an additional benefit token holders have over everyone else: whenever an order or ranking is required, holders are served first, for example, when disseminating signals.
Training Machine Learning models is computationally intensive — a task out of reach for solo traders. The intelligence provided by premium products and services is crucial for trading performance and developing an edge.
The Superalgos (SA) Token accelerates development by incentivizing contributions. You may earn tokens by contributing code, educational material, participating in governance, or simply by sharing what you build with the system!
The project issued 750 million tokens out of the 1.5 billion cap established. The full amount was transferred to the treasury accounts. The remaining 750 million tokens will be issued at a later stage, potentially on different blockchains. The project manages a yearly distribution budget, as per the table below. 128 million tokens were allocated for 2018, the year the project formally started. The yearly budget will go through a halving event roughly every 6 years. The first halving will be in 2024. By then, 51.2% of the tokens will have been distributed. The total supply will be distributed by 2050.
Superalgos distributes the token exclusively among contributors. The project does not sell tokens, not privately, nor publicly. Our development model does not require funding to enable work. Instead, we incentivize community members to contribute work and reward contributions with tokens. This model guarantees that every token in circulation is backed by value added to the project. In the early days, the project allocated a fraction of the yearly budget to each release of the software. Starting October 2021, there is one Distribution Event per month allocating up to 10M tokens.
The Superalgos Governance System was rolled out with the Beta 11 version of the platform in September 2021. With the new distributed governance, Superalgos (SA) Token holders determine how the project distributes the tokens allocated to each Distribution Event, deciding which programs get funded and how, and which contributors get what compensations for which contributions. To participate in governance, you must set up your User Profile within the app, link it to your governance address, and define how you intend to use the token power conferred by your token holdings.
We designed the distribution schedule to provide Superalgos with formidable early-stage incentivization power. The first halving is scheduled for 2024, after our sixth birthday. Notice, however, that the project has distributed fewer tokens than allowed by the schedule, so the halving event may be delayed.
In the early days, the project distributed the Superalgos (SA) Token on a per-release basis, among contributors of each release. Starting October 2021, distribution happens on monthly events, favoring regularity. The distribution scheme addresses two crucial needs: it promotes a sound economy in which emission is backed by the value added to the project each month, and incentivizes contributions.