Tokenomics
The SUISSE Token is the utility token that helps our platform run. It is used to interact with the Suisse Blockchain launchpad. It has 3 main functionalities, and others will unlock as the platform grows.
It enables:
Access to early projects on the platform
Staking in vaults
Voting privileges based on the amount of SUISSE Token and SUISSE Power available, and more to come.
What is SUISSE Power?
If the users choose to stake their SUISSE tokens, they will lock up their tokens for a particular period, and at the same time, get SUISSE Power (SUISSEP) tokens. Those tokens are taken out of the users’ wallet once the staked SUISSE tokens are unstaked.
The unstaked SUISSE are locked for a specific amount of days, and, after that elapses, then the user can withdraw their SUISSE. We specify an amount of staking days, and if the user unstakes before their stake exceeds the staking days they pay an early unstaking fee.
A user requires at least 1 SUISSEP to register for an IDO. SUISSEP is used to calculate the amount of tokens a user can purchase in the Main round, for the IDO they are registering for. It is a non-tradable token and is only used internally on the platform.
Token Generation Event (TGE)
It is expected in Q1/Q2 2025. For updates on the exact date and details, follow our official channels on our Website, Twitter, and Telegram. Be cautious of scammers and stick to our official platforms for the latest information.
Tokenomics can always be subject to change. Make sure you understand them before you make any decisions.
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