❔F.A.Q.

0 - What Makes Supreme Special and Different from other DeFi Projects?

0' - Supreme is a new protocol that attempts to create a new decentralized model in DeFi. The SAP protocol places the value the project generates into the wallets of Supreme holders rather than building a large treasury. This approach provides value immediately for token holders and creates an engaged community interested in seeing the project continue to thrive. Our goal is to leverage the community as one cohesive and focused unit to build wealth and power for the community. This is a new concept in DeFi and we believe it will set a new standard or the industry. Currently it has made Supreme one of the hottest projects in the DeFi space.

1 – How does the Rebase work?

1’ – The Rebase operation allows tokens to work in a way that the circulating supply expands or contracts due to changes in token price. This increase or decrease in supply works with a mechanism called rebasing. Supreme uses a Positive Rebase formula which increases the $SUP supply of each holder.

2’ – Supreme has created an innovative AutoStaking token which provides users a simpler way to receive staking rewards. Simply hold $SUP in your wallet and you will automatically receive staking rewards.

3 - How do I get my Rebase rewards?

3’ – The Rebase rewards, in simple terms, are the staking rewards. You are entitled to receive Rebase Rewards just by holding $SUP in your wallet.

4 – Where can I buy $SUP tokens?

4’ – The $SUP token is available on PancakeSwap.

5’ – There are two different Slippages that can be used for trading $SUP:

1 | When you wish to buy, you will need to put the slippage at least at 10%.

2 | When you wish to sell, you will need to put the slippage at least at 20%.

You might need to add higher slippage during times when there are lots of buys and sells of Supreme but you should only ever incur the same buy and sell fees as mentioned above.

6 – When does the Rebase occur?

6 – The Rebase occurs every 10 minutes and it distributes 0.0158% of the circulating supply as staking rewards to $SUP holders. In order to track the next Rebase, a holder can check the timer on the Supreme staking dashboard.

7 – How is the APY Sustained?

7’ – Supreme uses buy and sell taxes in order to sustain its fixed (static) APY. This means we will never lower or raise the APY of the project. When users buy Supreme, 10% of their purchase goes towards the protocol, when they sell, 20% goes to the protocol as well. This is one of the main ways we achieve and sustain the APY, thus the reason why you need to pay this tax. We also have other utilities like Supreme Relax & Earn, which takes the pressure off the APY. We also do weekly burns of .17% of the total token supply to control inflation. More features are in the work to help sustain the project by lowering inflation and creating additional revenue for the project.

8 – Supreme token audited?

8’ – Yes, Supreme is working on its audit, completion very soon.

9 – How are We Handling Inflation?

9’ – We here at Supreme realize that with such a high APY, inflation is a question that is raised a lot. To counter inflation, we burn .17% of the vesting wallet weekly. Along with this, we are also working on utilities, such as Supreme Relax & Earn, to release stress on the standard SAP protocol. Other features and partnerships are also in the work to help reduce inflation.

10 – Is Supreme a DAO/OHM FORK?

10’ – Supreme is NOT a DAO, we are instead an entirely new type of protocol. Rather than bonding, Supreme uses to buy and sell fees of 10 and 20 percent respectively, in order to sustain its APY. We also will never lower the APY of the project. Another big benefit of Supreme is its auto-staking capability, in which you do not need to traditionally stake your coins anywhere. Instead, the second you buy Supreme, all you have to do is sit back and watch your wallet accumulate more every 10 minutes.

11 – What will we do with the Treasury?

11’ – The treasury functions as an additional financial support for the RFV. This additional support can become important in the event of an extreme price drop off of the $SUP token. The treasury is also used to fund new Supreme products, services, and projects that will expand and build up the SAP use cases and the Supreme economy.