| Basically, with exercising SOT, you are offered a favor price with some discount to buy SGT with USDT. Therefore, it is crucial to have USDT in your wallet to buy SGT. |
In order to exercise SOTs, user need to claim SOTs on AMS page: How to claim my SOTs to my web3 wallet ?
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If you withdrew your SOT before to an outside wallet, you must change the SOT to Polygon network and send it back to your Suzuverse web3 wallet in order to exercise it for SGT: How to transfer my SOTs from Ethereum network to Polygon network? |
After that, SOTs will be transferred to your Web3 wallet. In Web3 wallet, you can exercise SOTs for SGT by follow the steps below:
1. Access web3 wallet via Suzuverse App
2. Change to network Polygon network if you are current on Ethereum network
3. Choose SOTs that you want to exchange:
4. Fill in information:
[1] Amount of SOT you want to exercise. Please note that the exercise amount should be more than 1 SOT.
[2] To fulfill the exercising SOT request, an amount of USDT need to be spent. The spending USDT amount is auto calculated based on the number of received SGT and convertible rate. With exercising SOT, you are offered a favor price with some discount. Therefore, please deposit or exercise for USDT in your web3 wallet in order to exercise.
[3] Exercisable rate: is the rate of the time of exercise. (this is the SGT/USDT rate at the time of distribution. You can check this rate in the email distribution we sent you)
[4] This is the estimated amount of SGT you will receive after exercise. The SGT amount will be equal as the SOT amount that you want to exercise.
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[*] In order to know how much USDT you should deposit for exercise, please check the calculation below: For example, you want to exercise 1 SOT1 for 1 SGT: The exercisable rate is 4.03 => Spend USDT = 4.03 (you need to have 4.03 USDT in your wallet to successfully exercise. This also means that you will buy 1 SGT with the price of 4.03 USDT) |
5. After done, click Exercise -> Click Confirm:
*You will need to have POL (ex-MATIC) in your wallet to serve as fee for this exercise request. The network charges a transaction fee which varies based on blockchain usage. 0% of fees are paid to Suzuverse.
4. Click Send code. A verification code will be sent to your email address. Please check your email and fill in the code:
5. You have successfully created a request for exercising SOT/SGT. Your request may take a few minutes (based on the network connection) to be completed. Please be patient and check back after that.
| For your information, our SGT contract on Polygon Mainnet is: 0x1ef5bb23e0b91c2e8480a4a2b71feb4607cb32f1 |