Why ET Embraces Huge Value? (part c)

Here we prepared simple questions to break down major traits of ET to users:

1. The initial ET price is fixated in
   √ 1$
   ❌ 0.5$

2. Users can trade ET on exchanges?
   Yes
   √ No. Currently, ET is locked in the users’ address; one ET is worth 1$; users can conduct p2p transactions after they unlock their token. Users can claim ET by completing tasks on the SuperEx platform, but their claimed ETs are locked. Users need to perform any trading using cryptos they prefer to unlock ET. E.g. If the user made trading and paid transaction fees worth 10$ USDT, then the platform will unlock their locked 10$ ET.

3. ET’s governance is set up as:

❌ A central governing body of experts
√ A fully decentralized autonomous organization (DAO)

• Answer & Explanation: ET aims to develop a community-focused ecosystem that will benefit everyone in the global community

1. What innovations will ET support within its ecosystem?

a. A metaverse world
b. A decentralized exchange
c. A voting system to determine future development
d. An NFT marketplace
√E. All of the above

• Answer & Explanation: As for future goals of ET, the key focus shall be on continuously enhancing utility.

1. How are node operators chosen?

a. Based on a race to solve mathematical challenges
b. Based on votes by coin holders
c. Based on random selection

√ Answer & Explanation: In the future, delegates will be selected through on-chain voting. Anyone can vote for their preferred delegate using their wallet weight, where 1ET = 1 vote. To vote for a representative, you must download the Super wallet.

1. What is the native coin of the SuperEx network?

a. ET
b. SLP
c. DAO

√ Answer & Explanation: SuperEx migrates ET tokens from ERC20/BEP20 to its chain, so the native coin of SuperEx will be ET.

1. What happens to transaction fees?

a. They are earned by node operators who create new blocks of transactions.
b. 90% of fees are burned. Node operators earn the remaining 10%

• Answer & Explanation: Each block also contains fees collected from transactions on the blockchain, of which 90% will be automatically burned. These extra rewards to the delegate for operating a forging node on the blockchain are shared with their voters.

1. How does ET help to ensure a sustainable blockchain future?

a. SuperEx uses a highly energy-efficient consensus mechanism for its blockchain and native coin.
b. SuperEx uses other blockchains for its tokens.

• Answer & Explanation: One of the impressive qualities of SuperEx is that it utilizes the Delegated Proof of Stake (DPoS) consensus model. This makes the SuperEx Blockchain sustainable, efficient and fully decentralized.

1. What is a delegate?

a. A node operator who secures the network by validating transactions and minting new blocks.
b. An active participant in the future development and promotion of Solar’s ecosystem.
c. An individual or team of individuals who coin holders vote based on their proposals.
d. All of the above

• Answer & Explanation: There will be more than 53 delegates, also known as node operators, on the SuperEx Blockchain. A delegate’s primary function is to contribute to the blockchain network by offering security advancements, code updates, marketing or brand development, and a variety of other activities.

SuperEx is the first decentralized crypto exchange with its complete DAO community governance. SuperEX crypto exchange features thousands of tokens in its trading zone, enabling users to proceed with different tradings ranging from spot to leverage and derivatives. No KYC terms are the spotlight of the SuperEx exchange, which places ultimate protection and tight defence on user assets. The exchange has made exponential breakthroughs over the development course of building its HD wallet, which guaranteed easy access and decentralized security on crypto services. Super chain is expected to launch in the 3rd quarter of 2022, migrating the ET tokens to its chain.

To have close contact with the project party and application services, we recommend users visit the SuperEx official page. New airdrop activities, project follow-ups, related crypto news, and discussions among fellows are welcomed in the official telegram group. Business emails, cooperation proposals, and problem reports are received in the official email. Users can go on the official Twitter page to check about the recently listed tokens and different airdrop activities or follow-up marketing.