📥SuiPad Staking & Tiering
Last updated
Last updated
SuiPad Tier System is one of the core of SuiPad Platform, ensuring certain level of commitment and allowing stakers to participate in project IDO.
SuiPad Staking & Tiering go hand-in-hand. To qualify for a specific tier, you must stake $SUIP tokens on SuiPad. Now let's dive into tokens staking:
There are 6 tiers, namely:
Ruby: 2,500 SUIP staked
Sapphire: 5,000 SUIP staked
Emerald: 10,000 SUIP staked
Diamond: 30,000 SUIP staked
Crown: 50,000 SUIP staked
Sui: 100,000 SUIP staked
The more SUIP you stake, the higher tier you earn, the bigger allocation size you get for project IDO.
There will be a 15 days of cool-down period after staking.
We constantly review our tiering, weightage and distribution mechanism to ensure the most fair model for our community.