What is SupraOracles?
SupraOracles is a database management solution. Decentralized, multi-chain designed Optimized for consumer and enterprise traffic, SupraOracles offers the immediate availability of data between Web2 and Web3 that would normally be limited by the security and speculation of most Oracle networks today, with $SUPRA. It is a SupraOracles native token.
However, better than just a simple database manager, SupraOracles is Web3’s first IntraLayer, an integrated blockchain consensus engine. that has a database system and can work across chains which will be rebranded and adjust the domain to Supra.com recently
Supra’s consensus protocol was created by world-class academics (Dr. Aniket Kate from Google and contributors to ETH 2.0), with eight patented whitepapers and Github to be the place to be. To stay safe until a crisis situation arises.
In terms of performance, SupraOracles uses at least 10 times less power than Solana for transactions per second (TPS). Researchers have revealed 526k TPS in 1/5 of network deployments from 458 nodes in 22 global regions. And with its 16-core CPU processing power, 32GB of RAM, 1TB of storage, and 1 Gbps of Internet, the final 2.5s run time beat Avalanche with 100x more TPS in the time. equally, as for the delay HotStuff has 7 steps, Jolteon (Aptos/Sui) has 5, and Supra has 3 only.
Roadmap
Year 2022 Q3: Alpha Testnet
(Currently tested on Testnet 7 at: https://data.supraoracles.com/networks)
Year 2022 Q4: Decentralized, Incentivized Testnet
Year 2023 Q1: Oracle Alpha Mainnet
Year 2023 Q1: Portal Wallet Launch (Supra Cross Chain Wallet)
Year 2023 Q2: Hyperloop (Cross Chain Bridges) Launch
Year 2023 Q2: Oracle Beta Mainnet + Automation Network
Year 2023 Q3: IntraLayer Alpha Mainnet
Year 2023 Q4: IntraLayer (Oracle+Bridges) Mainnet
Tokenomics system
• Price $0.005 (Early 2021) – 1 year coin lock and 4 year quarterly eligibility (check limit up to $200k per fund).
• Price $0.008 (early 2021) – 1 year coin lock and 3 year quarterly eligibility (check limit up to $500k per fund).
• Price $0.016 (Late 2021) – Requires 1-year coin lock and 3-year quarterly vesting (checks up to $100k per fund).
• Price $0.032 (Early 2022) – Requires 1-year coin lock and 3-year quarterly vesting.
The only VCs with more than 1% are Republic and Temasek’s Web3 fund.
28% of the total supply is sold to investors.
• ~15% to retail
• ~13% to VCs
• Price $0.036 (OUR ROUND) – For this cycle, there will be a 2-year SLA lock on Stake tokens, then 100% tokens will be fully refunded to all investors. To stake for that node requires $1,600,000 SUPRA One node in the $0.036 price cycle is $57,600 per node. For those who buy less than $1,600,000 SUPRA, they can stake with professional auditors such as: Blockdaemon, Sygnum Bank, Figment, Alchemy, Staking Facilities, Deutsche Telekom T-Systems, Republic, DSRV, Nonce, AP Capital and others. Liquid staking contributors who cannot use their own nodes can assign providers with the best rewards and highest security guarantees.
$SUPRA token utility
• Block Rewards
• Blockchain transaction fees (including smart contracts)
• Oracle Search Request Fee
• VRF fee
• Cross-chain bridging fees
• Service fee for the automation system.
List of investors who have previously invested
Temasek Superscrypt Web3 Fund, Animoca Brands, Coinbase Ventures, FiveT Fintech (formerly Avaloq Ventures), FTX Ventures, Galaxy Interactive, Hashed, HashKey, Huobi Ventures, Paxos, Prosus Ventures, Razer.com, Republic, Sound Ventures, UOB Venture. Management (United Overseas Bank) and Valor Equity Partners
More information
Coin lock is open today.
https://common.fund/projects/supra?ref=bitcoinaddict
Open for participation from 9:00 a.m. October 12, 65 (first come first served).
Minimum: $1,000 USDC
Maximum: $250,000 USDC
Sending: Transfer USDC with ERC20 to same ERC20 wallet.
Pickup: Supra Wallet will be launched in Q1 next year.