SLIP™ Token and SLIP™ SFT
Executing Elite SLIP (USDD or USDC) will generate for the spender 1 SLIP Token. The SLIP Tokens are:
USDD: SLIP-fbb724.
USDC: SLIP-785f50.
SLIP Tokens are non transferable ESDTs that can be used to purchase SLIP SFTs. They are equivalent 1:1 with each other.
One SLIP SFT costs 2050 SLIP Tokens (paid in either combination of SLIP Tokens). SLIP SFTs have the following characteristics:
A Discount applies for the price of 1% for each completed Elite-Account Tier.
1 SLIP SFT increases Elite Snake Power by 1% in the OURO Liquidity.VAULT™ when staked within subsidiary staking.
1 SLIP SFT is worth 10 Subsidiary Points.
SLIP SFTs are freely tradable in the NFT Market, and have a Royalty set at 15%
SLIP Tokens
SLIP Tokens can be staked in the OURO Liquidity.VAULT™, and 1 SLIP Token will increase the Elite Snake Power by 0.005‰. This puts an increase of 1% at 2000 SLIP Tokens staked.
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