Unlocking ET Rules: Everything You Need to Know

SuperEx
3 min readJul 12, 2023

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According to SuperEx platform rules: unlocking ET requires contract trading. The number of ETs unlocked equals the transaction fee times the unlocking difficulty divided by the ET price, and the unlocked ET is credited to the account in real time.

ET is the utility token of the SuperEx platform, which officially launched on the SuperEx exchange on September 30,2022. The launch of ET provides an economic foundation and driving hub for the SuperEx SCS chain ecosystem plan, making it a significant milestone in the construction of SuperEx’s web3.0 ecosystem!

Upon its launch, ET immediately sparked a sensation across the I
nternet, ranking first on Twitter’s trending list. Its performance in terms of data was even more outstanding, with ET’s highest price increase reaching nearly 100 times.

As an irreplaceable part of the SuperEx Web3.0 ecosystem plan, ET provides value outputs for SuperEx Web3.0 ecosystem users in terms of DAO governance certificate, VIP certificate, whitelist quota, head mine dividends, ecological fuel, and exclusive discount on fees.

Among SuperEx users, the holding rate and amount of ET are very high. These ETs come from various sources, including but not limited to: registration/airdrops/spot purchases, etc. This has led to some users’ ET being in a locked state, raising a series of questions: Which ETs will be locked? How to unlock? This article will explain the ET unlocking rules in detail.

What kinds of ETs will be locked?

According to existing SuperEx rules, all ETs obtained through airdrops are in a locked state, including but not limited to: registration, invitation registration rewards, website task rewards, etc.

How to unlock ET?

According to the new platform rules: unlocking ET requires contract trading, and the number of ETs unlocked equals the transaction fee times the unlocking difficulty divided by the ET price. The unlocked ET will be deposited to the account in real time.

In short, you need to trade contracts in the SuperEx contract market and unlock a certain amount of ET immediately after the transaction is completed.

Of course, there is another issue here: unlocking difficulty. According to official rules: both the trading user and the invitor can unlock ET (unlocking difficulty 50%), with the unlocking amount of the superior being 20% and that of the inferior being 80%; if the user does not have a invitors, the unlocking amount of ET is 80%.

Here’s an example!

If Person A successfully invites their friend B to register for a SuperEx account, and friend B buys or sells a contract on SuperEx, generating a contract fee of 100 USDT. Taking the current price of ET as 4 USDT, then the amount of ET that A can unlock is: 100 * 50% * 20% / 4 = 2.5 ET; The amount of ET that B can unlock is: 100 * 50% * 80% / 4 = 10 ET.

If User B did not register for a SuperEx account directly through an upper-level invitee, but traded contracts on SuperEx and incurred a contract fee of 100 USDT, then according to the current price of ET at 4 USDT, the amount of ET that B can unlock is: 100 * 50% * 80% / 4 = 10 ET.

Three things worth noting!

The ET used to deduct order transaction fees will not be included in the transaction fee of the unlock clause;

After the transaction is completed, the transaction user and the invited user can share 50% of the unlocked ET amount from that transaction.

SuperEx reserves the right of final interpretation of ET unlock rules.

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

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SuperEx
SuperEx

Written by SuperEx

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