Sudoswap Surprise Announcement Of Allocation Plan For SUDO And Airdrop

The AMM platform for NFT that has received a lot of attention recently is SudoSwap, which suddenly announced the allocation of SUDO tokens to eligible users.

SUDO will be the governance token for sudoAMM, the NFT swap protocol developed by Sudoswap. This is a project that has received a lot of attention in the past time from both the NFT investment community and traditional AMM projects like Uniswap as an extremely effective liquidity creation solution for a difficult-to-trade asset such as NFT.

On the morning of August 2, Sudoswap suddenly announced the allocation plan for SUDO.

Accordingly, SUDO will have an initial supply of 60 million tokens, distributed among the parties as follows:

• XMON token holders: 41.9%
• NFT holders 0xmons: 1.5%
• Airdrop for liquidity providers (LP) on sudoAMM: 1.5%
• Fund of the project: 25.1%
• Project team: 15%, 3-year course and amortization in 1 year
• SudoRandom Labs: 15%, 3-year lockup and 1 year amortization

It can be seen that the majority of SUDO distributed to the community will be through XMON and NFT 0xmons tokens, two projects of the sudoswap founder, 0xmons.

To participate in the airdrop, XMON holders will have to lock their tokens within 3 months, the airdrop rate will be 1 XMON = 10,000 SUDO. Users will have one month from the time the project announced the airdrop to lock XMON.

The project warns that the SUDO token has not yet been released and asks the community to beware of scam attempts.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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