As long as given the opportunity, the community is fully capable of supporting fairer and higher-quality choices.
Author: Super Seed
Translation: Deep Tide TechFlow
Farewell to Traditional Token Issuance Models
In the crypto industry, we have long been accustomed to a model where token circulation is minimal, valuations are artificially inflated, venture capital firms hold the vast majority of shares, and ordinary users can only scramble for the remaining portion. However, the Superseed Foundation is overturning this status quo—they raised $3.7 million in just 13 days, with absolutely no allocation to venture capital. This achievement proves that, given the opportunity, the community is fully capable of supporting fairer and higher-quality choices.
Supersale: Setting a New Standard
Supersale officially opened to the public on December 9, directly allocating 20% of the total token supply to users. This approach stands in stark contrast to the common low-circulation issuance seen in the industry. At the Token Generation Event (TGE), Superseed's circulating market cap was $20 million, while the tokens from Supersale were fully unlocked, attempting to break the tradition of artificially creating scarcity in token issuance.
Supersale will continue until January 6, offering multiple incentives, including early participation rewards of 3%-10%, and an additional 3% reward for all participants when the tokens sell out. Additionally, individual contribution limits are set between $250 and $100,000, aimed at encouraging more users to participate rather than allowing a few large holders to monopolize.
A New Evolution of Layer 2
Behind this token distribution model is a grander vision: redefining the functions and potential of Layer 2. Built on the OP Stack, Superseed introduces Supercollateral—a brand new mechanism that helps users automatically repay loans through protocol revenue. Users do not need to pay interest or make manual repayments; as the network grows, their debt will automatically decrease.
The Superseed token is the first Supercollateral asset, unlocking this groundbreaking mechanism. Through Supercollateral, borrowers can obtain interest-free loans, which are automatically repaid through the revenue generated by the protocol. Whether it’s transaction fees, income from sequencers, or interest income from non-Supercollateral borrowers, all will be directly used to alleviate users' debt burdens.
This mechanism creates an unprecedented close connection between user benefits and protocol growth. As network activity increases, users' debts will gradually decrease—completely overturning the traditional financial model where growth often sacrifices borrower interests for shareholder profits.
Network Growth Drives Debt Relief: Proof-of-Repayment
The core innovation of Superseed lies in its unique Proof-of-Repayment mechanism, which systematically converts network growth directly into a reduction of user debt. It operates based on daily auctions, where network participants use the protocol's stablecoin to bid for newly minted Superseed tokens. However, unlike traditional models, these bidding funds do not flow into the protocol's treasury or get distributed to shareholders; instead, they are directly used to reduce the debts of Supercollateral borrowers.
This system achieves a carefully designed economic cycle: the protocol maintains a 2% annual token inflation rate, with these new tokens distributed through daily auctions. Participants bid with stablecoins to repay debts, and the highest bidder receives the newly minted tokens, while their bidding funds are directly used to repay the loans of Supercollateral borrowers.
This mechanism creates a unique economic model that directly translates protocol growth into tangible user benefits. As network activity increases and token demand rises, auction competition will intensify, driving higher bidding amounts for debt repayment. When auction demand increases, more debts can be cleared—forming a virtuous cycle that benefits not only token holders but also alleviates the burden on borrowers.
By directly linking token distribution with debt reduction, the Proof-of-Repayment mechanism simultaneously addresses multiple issues: it provides a sustainable funding source for loan repayments, gives tokens real utility, and directly benefits users through debt relief, rather than concentrating profits among early investors or insiders of the protocol.
Rekindling the Original Intention of DeFi
Superseed's approach embodies a core principle: decentralized finance (DeFi) should be user-centric, not catering to venture capital. By refusing to allocate shares to VCs and adopting a transparent token economic model, Superseed demonstrates its firm commitment to serving on-chain individuals rather than institutional interests.
The initial results of Supersale are remarkable—raising $3.7 million in less than two weeks. As the sale will end on January 6, Superseed is redefining token issuance in a new way, prioritizing the interests of on-chain individuals. Don’t miss the early bird offer; visit supersale.superseed.xyz now!
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