SuperEx Guide: Introduction to ET

#SuperEx #SuperExGuide #SuperExET

ET (Alien Project, full name: Extraterrestrial Token) is an ecological equity token issued by the SuperEx platform. The total amount is 1 billion, and will never be issued, and will be gradually reduced through the destruction mechanism, so ET is a long-term deflationary token .

ET provides the economic foundation and driving hub for the SuperEx Super Chain ecosystem initiative. It marks a key milestone in SuperEx’s development of a Web3.0 ecosystem. It also serves as the credential and fuel for every SuperEx user to participate in ecosystem building, engage in DAO governance, and perform ecosystem functions.

If you are interested, you can visit the official website: www.superex.com

SuperEx ET FAQ

Why is ET burnt every quarter?

SuperEx will use 50% of its quarterly profit to repurchase ET, and the repurchased ET will be directly destroyed. The profit repurchase will not be stopped until the total amount of ET is reduced from the initial 1 billion to 200 million.

Use ET to deduct transaction fees？

When a user needs to pay a transaction fee to participate in a transaction on the SuperEx platform, such as opening ET to deduct the fee and holding ET, the system will automatically convert the discount according to the current price, and the user only needs to pay the corresponding ET amount after the discount.

Please note: If your account has an invitation relationship between superiors and subordinates, and you use ET to deduct the handling fee, there will be no rebate after the deduction.

What is the equivalentconversion logic of ET?

If the transaction fee receivable is USDT, it will be converted according to the market exchange ratio of USDT and ET.

Is it possible to automatically deduct transaction fee with ET?

Yes, you can find the settings button in the account center.

How to settle the transaction fee receivable for ET itself?

When the “ET deduction fee” is turned on, the corresponding discount will be enjoyed, and when it is turned off, 100% of the ET transaction fee will be charged.

How to settle the transaction fee when ET is turned on, but the ET is insufficient?

When ET is insufficient, a transaction fee will be charged according to the When the ET is insufficient, a handling fee will be charged according to the rate standard rate.

SuperEx ET Unlocking Event Rule Changes

Every new user who is invited to successfully register for a SuperEx account, the inviter will get ET airdrop, and if the invited friend trades the Futures, and completes the Futures transaction, the trading user and the inviter can unlock ET (50% unlocking difficulty), and the unlocking amount is 20% for the inviter and 80% for the invited friend; if the user has no inviter, the unlocking amount of ET is 80%.

Unlock quantity = transaction fee * unlocking difficulty (50%)/ET price

Example:

A invites his friend B to successfully register for a SuperEx account, and his friend B trades in SuperEx, generating a contract fee of 100 USDT, if the current price of ET is 5 USDT, the number of ETs that A can unlock is: 100*50%*20%/5 = 2 ETs; the number of ETs that B can unlock is: 100*50%*80%/5 = 8 ETs

If user B has registered directly with SuperEx without a higher level invitee and has traded in SuperEx with a contract fee of 100 USDT, if the current ET price is 5 USDT, the number of ETs that B can unlock is: 100*50%*80%/5=8 ETs

Share your exclusive invitation code/link with your friends who have not registered with SuperEx and start a new journey of unlocking ETs together with your friends!