What Is Superalgos
Superalgos is a community-owned open-source project with a decentralized and token-incentivized social trading network crowdsourcing superpowers for retail traders.
What Is Superalgos Used For
Algo traders design, test, and deploy strategies using the free and open-source Superalgos Platform. The platform integrates all crucial aspects of crypto trading intelligence and automation in a visual scripting environment accessible to technical users and optimized for developers.
Platform users who wish to monetize their intelligence further broadcast trading signals over a peer-to-peer network, and get token rewards in proportion to the size of their following.
Crypto users follow algo traders' bots to copy their trades using free and open-source social trading apps and free signals.
What Is the Utility of the Token?
Trading signals are a premium community service only available to token holders. Different signals have specific token requirements, with the top performers usually requiring more. Larger holders get signals ahead of smaller holders, likely improving trading performance.
It's not an elitist, but a meritocratic system, as anyone can get token rewards for their contributions to the open-source project. The more value you contribute, the more token rewards you get, and the faster you get the signals. If you can’t contribute, then you may buy the token directly from holders through DEXs.
Governance
Superalgos features decentralized governance by which the community votes with reputation and token holdings to determine the direction of development and how to distribute incentives.
In a mature state, the Superalgos Network will channel a significant fraction of the world's trading volume. The right to influence the governance of the dominant retail trading network will become a precious commodity.
Reputation
The tokens you earn when contributing to the project determine your reputation. You may leverage your reputation to increase your Voting Power and your Priority Ranking while getting signals!
Token Economics
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The project issued 750 million tokens out of the 1.5 billion cap established.
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500 million tokens exist in the BNB Smart Chain, and 250 million in the Ethereum network.
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The distribution schedule is 128 million tokens per year, with a halving event every 6 years. The first halving will be in 2024.
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The total supply will be distributed by 2050.
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Superalgos distributes the token exclusively among contributors. We incentivize community members to contribute work and reward contributions with tokens. This model guarantees that every token in circulation is backed by value added to the project.
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