How to Unlock Platform Revenues by Holding and Investing SSWP Tokens

By Mirb | SSWP - Suiswap | 1 Jul 2023


Suiswap Token (SSWP) is the management token of the Suiswap decentralized cryptocurrency exchange platform.  SSWP is based on the Sui Network chain and is used to manage the Protocol.  9a802843a8f5400a99facfc50c9f857a373e0a4063ef17aaf7b979e5fdddf4e4.jpg   SSWP has a total supply of 1,000,000,000,000 tokens.  SSWP can be used to get farming and staking rewards.  I would like to single out their staking program, which is very interesting and, according to my previous experience, very attractive.

And it is about the following:

The Suiswap platform offers the ability to unlock platform revenue through holding and investing SSWP tokens.  It will collect approximately 60% of platform revenue every 14 days and return this portion of revenue to users as a dividend on the 15th day.  We call each 14-day period an earnings cycle.  Earning cycles on the Suiswap mainnet are set at 14 days, which means that users who stake their SSWP tokens can claim their share of 60% of the platform's revenue every two weeks.  In the testnet, the earnings cycles are set to one day.  Users who invest their tokens before the start of the next earnings cycle are entitled to claim dividends from the current earnings cycle, and your dividend share depends on your invested SSWP amount multiplied by your Boost value.

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You can see more directly on SuiSwap platform HERE

If you don’t have tokens on the Sui Network, I suggest you buy Sui tokens on the Kucoin exchange and transfer them to the Sui Network very cheaply(0.23). There you can very very cheaply exchange Sui for SSWP. Kucoin is an excellent exchange that I have been using for over 5 years.

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Kucoin Referral Link 

 

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SSWP - Suiswap
SSWP - Suiswap

SuiSwap As a governance token, SSWP enables its holders to participate in platform governance, enjoy platform revenue, and engage in yield farming and liquidity mining activities. With a fixed supply of 10 billion SSWP tokens and a token burn mechanism, SSWP is designed to maintain a stable growth in value and incentivize long-term hold

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