Comment on page
📥
SuiPad Staking & Tiering
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.
Last modified 7mo ago