SATO Airdrop prize pool is worth 10% of the total supply, 500,000 SATO tokens will be distributed to wallets across 3 different communities. You will have twenty-one days from launch to claim your rewards. All the qualified users will share the Airdrop pool.
Who Qualifies?
Over 50k unique addresses qualified for the Airdrop. To make the Airdrop you would have had to take any of the actions below on March 25, 2021.
- Held Badger or Digg token >0
- Held AMPL token >0
- Donated to Gitcoin
About SATO
SATO is a cross-chain elastic supply token pegged to the price of 1 USD. SATO’s supply is computed based on a 24-hour volume-weighted average of price, which is quoted by Chainlink/SATO oracle from the market. It’s the world’s first algorithmic stablecoin that supports rebase of multiple smart chains. It aims to provide people with equal dividends and make the game fairer, unlike other DeFi projects where people lose their tokens impermanently due to the subjection to unilateral quotations and the continuous fluctuations of the token price. Many users faced problems while getting started in the world of crypto trading. So, everyone has a stake and a better chance at getting more successful.
SATO (Super Algorithmic Token) has incorporated many features which no other coin is offering. Not only that, but it is also the first stable coin to provide the fastest gas fee-free swap algorithm platform, allowing users more flexibility and control while using it. SATO algorithmic stable coin is currently available for staking at SwapAll staking platform and trading at VirgoX trading platform. SATO is a Stablecoin that is neither fiat-backed nor collateral-based. It is purely algorithmic and relies on market forces of supply and demand to maintain its price. More information is available in the Yahoo Finance press release.