Dear Users:
To help you better understand Free Market products, SuperEx is launching a learn and earn event. Every user who participates and answers all questions correctly will have the chance to win generous ET token rewards.
Campaign Period:2024/09/10 10:00 - 2024/09/20 10:00(UTC)
Prize Pool:Share of 2,000 ET
You need to study Free Market-related knowledge during the event period and correctly answer all questions to receive the reward.
Click here to start answering questions and earn rewards
Summary:
Free Market is a platform designed for all users to list tokens freely. It gives users full control over token listing, allowing millions of users to experience the listing process firsthand. This facilitates the convenience of decentralized token listing and order book trading, further advancing SuperEx’s Web3 ecosystem vision.
1.What is Free Market
Free Market is a subzone of SuperEx’s spot market, typically used for listing new digital assets (tokens). Tokens listed in the Free Market are automatically paired with USDT for trading and become available for all SuperEx users immediately upon listing.
The Free Market supports multiple listings of the same token, meaning you can list a token that already exists in the Free Market. To differentiate between listings of the same token by different users, each listing requires the token to have a unique nickname as the trading pair's secondary title. Influential KOLs can guide users to trade using their created trading pair titles, and SuperEx will distribute trading fees as bonuses based on the trading volume of these pairs.
2.What conditions does my token need to meet in order to be listed?
Generally, any existing token on supported blockchains that has not been listed on SuperEx’s main spot market can be listed in the Free Market. However, some tokens may be excluded if they do not meet compliance requirements during the review process.
3.What are the requirements for listing a token in the Free Market?
To ensure the safety of Free Market and reduce the difficulty for users in finding desirable tokens, we will conduct basic asset verification for those seeking to list tokens. This is to prevent malicious listings. Therefore, if you want to list a token in the Free Market, you need to hold assets of no less than 100 USDT on the SuperEx platform. This includes the total assets across all your accounts on SuperEx, but excludes assets in your Web3 wallet. This asset requirement is solely for verifying the authenticity of the token lister and will not be frozen or deducted; you can still conduct transactions and withdrawals.
4. How much profit will I earn after listing a token?
For all tokens listed in the SuperEx Free Market, the listing fee rewards for the token listers will be determined based on the weekly trading volume performance of the trading pair. There are three standard reward levels, with different thresholds for each level. (The figures in the table are for illustration purposes only and do not represent actual values. Please contact the administrator for the latest values.)
Reward Standards | The weekly trading volume threshold for the trading pair. | Fee sharing ratio |
Standard 1 | 500 USDT | 50 % |
Standard 2 | 5,000 USDT | 60 % |
Standard 3 | 50,000 USDT | 80 % |
Fee rewards are calculated and distributed on a weekly basis. SuperEx will calculate the trading volume of the trading pair from the previous week at a fixed time each week, determine the reward ratio according to the standards, and distribute the collected USDT trading fees based on this ratio to the creator of the trading pair.
Please note that trading in the Free Market currently only charges a fee to sellers, with buyers being exempt from fees. For example, if a trading pair has a weekly trading volume of 1,000,000 USDT and the fee rate is 1%, the system will collect 5,000 USDT in fees. Your fee reward will be calculated based on this 5,000 USDT total.
You can check your fee reward records in your wallet history under "Others" > "Spot Mainboard Area" > "Bonus Rewards." Additionally, you can view the weekly fee rewards and accumulated fee rewards for all your created trading pairs on the "Data Statistics" page.
Note: If the trading volume of your trading pair does not reach the minimum threshold for fee rewards in a given week, you will not receive a fee reward.
5. What is the cost of listing a token in the Free Market?
As the world's first Web3 exchange, SuperEx has over 10 million users globally and has established DAO organizations in more than 20 countries, truly decentralizing power. In the Free Market — where token listing rights are fully granted to users — we do not charge any listing fees. However, to ensure good ecological construction in Free Market, we do charge a small management fee. This fee varies depending on the token’s main chain, with the current minimum fee being approximately 1 ET.
Click here to learn more about the Free Market.
Notes:
1. Rewards will be distributed within 7 business days after the end of the event. Only users who fill out the Google form will be eligible to participate.
2. Each activity must meet the corresponding conditions to have a chance to receive the related rewards.
3. All participating users are deemed to comply with SuperEx's terms of service. Any violations will result in immediate disqualification from the event.
4. SuperEx reserves the right to modify the terms of this event without prior notice to users.
5. SuperEx will cancel the participation of non-compliant users and disable the related SuperEx accounts.
6. SuperEx reserves the right to the final interpretation of this event.