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Add Sakai-Peg USD (BEP20) #29223

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Adding info for BEP20 token 'Sakai-Peg USD'.

PR created by TW Assets Management

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merge-fee-bot bot commented Sep 27, 2024

PR Summary

Files OK: 2
Token in PR: BEP20 0x5E4FAF13A3D66E741F1e9B8743B8d26F6AFe9CE7
Symbol: sUSD decimals: 18
Links: Logo Info Website Explorer
Tags: stablecoin
Token check error:
❌ invalid value ' https://twitter.com/SakaiVault' for twitter link url, allowed only with prefix: https://x.com/
❌ number of holders not checked: please, check it manually

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merge-fee-bot bot commented Sep 27, 2024

Hi! In order to compensate for the efforts of processing PRs, we kindly ask for a contribution.
💀 As there is no refund, before paying the fee, make sure new tokens fulfill the minimum circulation and other acceptance criteria.
See also the PR Fee FAQ.

Please pay 500 TWT to the BEP20 (Binance Smartchain) address 0xb5df151d54e635390903b619bd79954968030e47.
Alternatively, 2.5 BNB is also accepted (same address).

QR code: Trust | other wallet

TWT Acquiring:

Notes:

  • New tokens without significant usage are rejected, see criteria mentioned above.
  • One PR should be for a single project; PR's with more than 10 logos will be rejected.
  • Payment evaluation happens automatically, but with a few minutes delay. When payment is detected, an Accept Review is automatically placed on the PR, which is a condition for merge.
  • Evaluating the PR is done manually, and it is merged only if all conditions are satisfied.
    There will be a fee to process this request. None of it goes to the developers.
    Before paying the fee, make sure new tokens fulfill the minimum circulation and other acceptance criteria.
    If you are paying TWT for the submission, this will be burned automatically. There will be no refunds.

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Approve

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Fee is PAID, fantastic! Thanks! Review added.

The PR will be evaluated soon by a maintainer, and if merged, the new logos should be visible in Trust Wallet.
Please note that the app caches logos (up to several days; if you want to see changes immediately, use a new installation). See the assets FAQ.
@Cryptocool1, @cryptomanz1: please take note.

(500.00 TWT)

@merge-fee-bot merge-fee-bot bot added the Payment Status: Paid Fee completely paid for PR label Sep 27, 2024
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merge-fee-bot bot commented Sep 27, 2024

500.00 TWT have been successfully burned.

@SakaiVault
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@covain @Cryptocool1 @cryptomanz1 Please check our PR

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merge-fee-bot bot commented Sep 28, 2024

PR Summary

Files OK: 2
Token in PR: BEP20 0x5E4FAF13A3D66E741F1e9B8743B8d26F6AFe9CE7
Symbol: sUSD decimals: 18
Links: Logo Info Website Explorer
Tags: stablecoin
Token check error:
❌ invalid value ' https://twitter.com/SakaiVault' for twitter link url, allowed only with prefix: https://x.com/
❌ number of holders not checked: please, check it manually

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Hello,
• What is the purpose of this token? How will it benefit Trust Wallet users?
• How is the token being distributed? Are you conducting an airdrop?
• Did you sold the tokens at an Initial Coin Offering (ICO) or a token presale?
• Is the token listed on a centralized/decentralized exchange?
• Is a Smart Contract audit completed? Where can we find this information?

@Cryptocool1 Cryptocool1 added Status: More Info / Change Requested Waiting for submitter to add extra info or perform changes and removed Payment Status: Requested labels Sep 30, 2024
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  1. What is the purpose of the sUSD token?

The Sakai-Peg USD (sUSD) token is designed to enhance liquidity and reward users participating in the farming pool with Sakai Vault’s strategic partner, PAXE. It serves as a stablecoin pegged to users' total claimable balance in the Sakai V1 staking pool, ensuring stability by maintaining a 1:1 ratio with their USDT balance. The token enables users to pair it with PAXE tokens in the farming pool to generate additional rewards. After farming, the farmed sUSD is burned to control the supply and maintain value.
https://app.sakaivault.io/farming

  1. How will it benefit Trust Wallet users?

The sUSD token can be transferred through Trust Wallet, allowing Trust Wallet users to farm and restake assets efficiently with Trust Wallet portal to the Liquidity Farming Pool. The simplicity of using Trust Wallet for staking and farming directly with sUSD also offers a convenient and secure experience for managing DeFi assets.

  1. How is the token being distributed?

The sUSD token is distributed based on the claimable balance of users in the V1 staking pool. It is minted in an amount equal to the total claimable balance and transferred directly to users’ wallets. However, the token can only be transferred within the user's own wallet and cannot be traded or transferred to others.
https://appv1.sakaivault.io

Are you conducting an airdrop: No

• Did you sold the tokens at an Initial Coin Offering (ICO) or a token presale: No

• Is the token listed on a centralized/decentralized exchange: No
• Is a Smart Contract audit completed: Not yet
Where can we find this information: In progress

@cryptomanz1
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Hello,
Feel free to come back to us once security audit is done

@cryptomanz1 cryptomanz1 added Status: On Hold and removed Status: More Info / Change Requested Waiting for submitter to add extra info or perform changes labels Oct 1, 2024
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merge-fee-bot bot commented Oct 2, 2024

PR Summary

Files OK: 2
Token in PR: BEP20 0x5E4FAF13A3D66E741F1e9B8743B8d26F6AFe9CE7
Symbol: sUSD decimals: 18
Links: Logo Info Website Explorer
Tags: stablecoin
Token check error:
❌ invalid value ' https://twitter.com/SakaiVault' for twitter link url, allowed only with prefix: https://x.com/
❌ number of holders not checked: please, check it manually

@merge-fee-bot merge-fee-bot bot deleted a comment from fati1365 Oct 2, 2024
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merge-fee-bot bot commented Oct 4, 2024

PR Summary

Files OK: 2
Token in PR: BEP20 0x5E4FAF13A3D66E741F1e9B8743B8d26F6AFe9CE7
Symbol: sUSD decimals: 18
Links: Logo Info Website Explorer
Tags: stablecoin
Token check error:
❌ invalid value ' https://twitter.com/SakaiVault' for twitter link url, allowed only with prefix: https://x.com/
❌ number of holders not checked: please, check it manually

@SakaiVault
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@Cryptocool1 @cryptomanz1 any progress?

@Cryptocool1
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Снимок экрана 2024-10-07 в 17 56 50 After careful review we noticed your token is marked as high risked. We require security score at least 60 The request will be closed until further notice. Feel free to re-open pull request once you meet those requirements

@Cryptocool1 Cryptocool1 closed this Oct 7, 2024
@Cryptocool1 Cryptocool1 reopened this Oct 7, 2024
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4 participants