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Crypto Reporter

Online magazine about cryptocurrencies, NFTs, DeFi, GameFi and other blockchain technologies

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Reshaping the Future of DeFi: The SuperSloth Token Launch and Presale Announced

August 29, 2023 By GlobeNewswire

Diving headfirst into the next generation of DeFi, SuperSloth is set to redefine memecoin projects in 2023 with the upcoming launch and presale of its SuperSloth token ($SSLOTH).

KINGSTOWN, SAINT VINCENT AND THE GRENADINES, Aug. 29, 2023 (GLOBE NEWSWIRE) -- The event will likely occur in early September and will be hosted on the project’s website. Soon, the developers will share more details on their official Twitter account.

SuperSloth represents a community and movement dedicated to true decentralization, maximum security, fair distribution, and tangible real-world impact.

The much-anticipated launch places SuperSloth at the forefront of token releases in 2023. Its mission is to propose a fully-decentralized token model that advocates for transparency, trust, and active community participation. Thanks to the project's groundbreaking innovations and high-security standards, most crypto insiders regard it as the potential next memecoin sensation.

The SuperSloth ecosystem will use $SSLOTH for all the utilities and transactions it hosts. Token holders can use it as the primary medium of exchange when interacting with other users. Furthermore, the token will facilitate community voting and governance, ensuring each token holder is a valued participant in shaping SuperSloth’s future. 

Here are some of the project’s key features:

True Decentralization & Community Governance

Unlike many other projects, SuperSloth bestows its users with significant power in the decision-making process. The developers lay the ecosystem's initial foundation, but its trajectory and roadmap are in the users' hands, deciding them via a community-led voting process. This way, SuperSloth aims to become a genuinely decentralized ecosystem, embodying the true nature of DeFi.

Maximum Security

Decentralized finance has been the playground of numerous scammers engaging in fraud, hacks, and rug pulls. SuperSloth seeks to guard its users against these malicious attacks by prioritizing safety and security with these features:

  • Comprehensive tier-one smart contract audits
  • A multi-year locked liquidity pool via a UNCX Liquidity Locker
  • Stringent developer KYC certification
  • A 2-year vesting period on developer tokens via a UNCX Token Locker
  • Smart contract decentralization

This last feature balances developer adaptability with community-led governance. The project requires the majority of approval from $SSLOTH token holders to make key alterations to the token smart contract. This way, it guarantees the functionality of a genuinely decentralized ecosystem that benefits all participants.

Fair Distribution

SuperSloth will not host private sales or engage prospective token buyers in a whitelisting process. Instead, the project aims to provide transparent and equitable token distribution through a public presale and future DEX/CEX listings.

Clear Token Allocation & Transaction Fees

The project will ensure a transparent token allocation with 50% of the $SSLOTH supply going to the Treasury. Another 40% of the tokens will go to the presale. Meanwhile, the remaining 10% will go to the project's developers. Lastly, a 4/4 of fees will go towards token burn, liquidity pool, ecosystem growth, and Treasury.

Rich Ecosystem

SuperSloth’s ultimate goal is to build a fully-decentralized, vibrant ecosystem, including staking, meme contests, NFTs, expansive IP growth, and more.

Positive Real-World Impact

The project seeks to make a tangible, positive difference in the world by contributing to sloth conservation initiatives.

About SuperSloth

SuperSloth is a new DeFi project based in Kingstown, Saint Vincent and the Grenadines. It draws inspiration from the sloth, a creature known for its patience and steadfast progress. Consequently, the project aims to offer a serene sanctuary amidst cryptocurrency's fast-paced and often tumultuous landscape. As its creators put it:

“In the SuperSloth universe, “slow and steady” doesn't merely win the race – it revolutionizes the entire game.”

Don't miss out on the next DeFi sensation. Join the SuperSloth journey now and be part of the revolution. Stay updated on the project’s development, upcoming launch and presale at the following links: Website | Twitter


CONTACT: Samantha Moncler
hello at supersloth.world

Filed Under: News Feed

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