Aug.29.2024

Exciting Future Plans for SUZUVERSE: NASDAQ Listing and Token Exchanges

DAO 회원 여러분,

We are expecting to list on NASDAQ as soon as we can! As part of this milestone, we will offer a unique opportunity for our community to exchange their tokens for shares in our company.

1. General Rule:

Holders of eligible SGTs must stake them during the official "exchange-to-share" period announced by Suzuverse. Failing to stake your SGTs within this timeframe will result in them remaining as crypto tokens, with no future option to exchange them for shares. Once the staking period concludes, staked SGTs will be converted into shares, and this conversion is only permitted for a limited time.

2. Eligible SGTs for Share Exchange: To be eligible for exchange to shares, your SGTs must meet one of the following conditions:

  • Earned as walking rewards before the exchange-to-share deadline.
  • Earned by exercising SOTs before the exchange-to-share deadline.
  • Earned as staking rewards after the staking period ends.

*SGTs purchased externally or obtained from third parties are ineligible for exchange.

3. Exchange-to-Share Ratio:

  • SGT to SHARE: Owners of SGTs will be able to swap SGTs for SHARE at a 1:1 ratio (1 SHARE = 1 SGT).

4. Staking SGT: The more SGTs you stake, the more shares you will receive. 

  • By exercising your SOTs and staking it, we confirm that you have legally obtained the SGTs and that the SGTs acquired through exercising the SOT are being held through staking. This also applies to SGTs earned by walking.
  • Staking rewards: By staking your SGTs, you will receive additional SGTs with an annual interest rate up to 200%. SGTs earned through staking can also be exchanged for shares.

5. SOTs: 

  • For SOT1/SOT2/SOT3 holders: You must convert your SOTs to SGTs and stake them by the end of December 2024 (estimated). If you don’t, the SGTs you receive from exercising your SOTs won’t be eligible for share exchange and will remain as crypto tokens
  • For SOT holders with an open exercise period before the exchange-to-share date: You must convert your SOTs to SGTs and stake them within one month of the exercise period, and this must be done before the exchange-to-share deadline. Failing to do so will make your SGTs you receive from exercising your SOTs ineligible for share exchange, leaving them as crypto tokens. 
  • For SOTs issued after the exchange-to-share period: You can convert these SOTs to SGTs during the regular exercise period, but these SGTs cannot be exchanged for shares.

👉👉👉We strongly encourage you to stake your eligible SGTs when the time comes, as this is your chance to receive shares. The option to exchange SGTs for shares will only be available ONCE, with no future opportunities. Don’t miss out on this chance!

We appreciate your continued support and involvement in our journey. More details will be provided as we approach the listing date. Stay tuned for further updates!

Thank you for being a part of the Suzuverse community.

감사합니다.

문의 사항은 아래 연락처로 문의해 주십시오.
SUZUVERSE 고객지원부
support@suzuverse.com