SupraPrice

(SUPRA)

Supra is a vertically integrated Layer-1 blockchain, meaning it builds its own essential services like Oracles, Verifiable Random Function (VRF), and cross-chain messaging directly into its core protocol. This approach aims to solve the 'oracle dilemma' by providing sub-second data freshness and 'bridgeless' cross-chain communication via HyperNova. By integrating these services natively, Supra claims to offer superior speed, lower costs, and enhanced security compared to systems that rely on external, add-on services for critical functionalities like data feeds and interoperability. This native integration reduces dependencies and potential vulnerabilities often found in modular systems.

The $SUPRA token serves multiple vital functions within the Supra network. It is primarily used as gas for all transaction fees on the Supra L1 blockchain. Validators are required to stake $SUPRA tokens to secure the network and participate in its consensus mechanism. Furthermore, $SUPRA is utilized to pay for the project's native services, including oracle data feeds, Verifiable Random Function (VRF), and automation services across various supported blockchains. Lastly, token holders gain governance rights, allowing them to vote on important protocol upgrades and future developments, ensuring decentralized control over the network's evolution.

The maximum total supply of $SUPRA tokens is 100 billion. It's noted that an earlier redenomination multiplied the initial supply by ten to facilitate broader distribution. Regarding vesting, tokens allocated to the team are typically locked for a period of six months following the Token Generation Event (TGE). Founders' tokens are subject to an extended lock-up period, lasting up to 24 months. After these initial lock-up phases, both team and founders' tokens are released gradually over time. This structured release schedule is designed to prevent a sudden influx of tokens into the market, thereby contributing to the long-term stability and health of the ecosystem.

During the Token Generation Event (TGE), only 10% of the airdropped $SUPRA tokens were unlocked and immediately claimable. The remaining 90% is subject to a vesting schedule, which is implemented to ensure the project's long-term stability and prevent market volatility. Users have two main options for this locked portion: the 'Accelerated Unlock' plan, where the 90% is held in a 'locked delegation plan' for 15 months, becoming fully available at the end while earning staking rewards; or the 'Slow Drip' plan, which releases 3% of the tokens monthly over a 30-month period. All locked tokens are delegated by default to node operators, allowing users to earn 'Block Rewards' even during vesting.

'Moonshot' is Supra's custom-designed consensus mechanism, engineered to achieve exceptionally high throughput, reportedly up to 500,000 transactions per second (TPS), coupled with sub-second transaction finality. This bespoke consensus protocol is a cornerstone of Supra's performance claims. 'AutoFi' represents a core concept within the Supra ecosystem, enabling decentralized finance (DeFi) tasks to be automated directly at the system level. This means complex operations like liquidations, rebalancing, or limit orders can be executed automatically by the protocol itself, without the need for external 'keeper' bots or third-party services, streamlining DeFi operations and reducing reliance on external infrastructure.

The official and native wallet for the Supra ecosystem is the StarKey Wallet, which is essential for most token claim, staking, and on-chain activities. For any issues encountered during the token claiming process, such as failures or delays in KYC verification, users should direct their inquiries to the project's official support channels. Given the large volume of participants, KYC processing times can vary, and it's generally advised to avoid submitting multiple support tickets, but rather to await updates through the designated channels, such as the Blast Off dashboard or community support sections, for guidance and resolution.