Supra

Supra’s New Layer-1 Blockchain Breaks Records: TGE Coming Soon  

June 14, 2024 - 5 min read

We’re in the process of building something amazing. Here’s what you need to know. 

Since we started this amazing journey, we know everyone has been looking forward to one thing; Supra’s TGE. We want to reassure you that TGE is still coming, and we feel, in our humble opinion, it’s going to be bigger and better than you ever imagined. 

Supra isn’t just oracles anymore. Instead, we’re aiming to build the world’s fastest, most secure, and highest-performing Layer-1 blockchain, a chain that will unite liquidity from many chains and radically change the way people work and play in an on-chain environment. 

This is the iPhone moment for blockchain and crypto. Before the iPhone, there were devices like MP3 players, cameras, GPS units, and clunky laptops, but no one device or ecosystem could do it all. Supra’s groundbreaking, vertically-integrated L1 is the iPhone for crypto, a chain that can unite all the on-chain services you need in one place. 

Instead of having to use different chains at once just to trade, build, and play, Supra provides everything you need in one secure, unified, and easy-to-use ecosystem. That’s because Supra’s incredibly powerful L1 combines our revolutionary oracles, our groundbreaking Verifiable Random Function (VRF) service, our smart contract platform and much more, right at your fingertips. Since Supra functions as a single, integrated network, these services work seamlessly, quickly, and flawlessly together. 

Perhaps more importantly, we’ve optimized for an incredible builder experience, allowing devs to usher in the next big thing in web3; Super dApps. 

Supra’s vertical integration, driven by our own Moonshot consensus algorithm, which has the ability to process 530K transactions per second throughput across 125 nodes globally distributed, with 500-millisecond optimistic finality and ~1.5–2 secs full block finality, placing it head and shoulders above many other competing consensus mechanisms.

We’ve listened to our listing partners at major exchanges, and they’ve reinforced our opinion that Supra should be nothing less than a world-class, record-breaking ecosystem.

You only get one launch, and we want to come out swinging as the world’s most badass, highest performing L1 blockchain, chock full of features and services, that’s poised to change the world. 

We’re not shooting for the moon anymore, we’re now aiming beyond the solar system.

How can you help?

First, we want to acknowledge our amazing Tribe. Some of you heard about what we were doing years ago and followed our progress. Some even contributed to our public sale which propelled us to keep going. And some of you are new and just joining us on our journey now. We love you all, and your support means the world to us, and motivates us each day. We wouldn’t be where we are without you, so thank you! 

Our dreams for a decentralized future are powered by the community. Imagine millions of regular people owning a part of Supra and helping to govern it. It’s always been a two-way street, so if you want to help realize this future together, here’s how you can help:

  1. Spread the word – It’s simple enough, if you’ve contributed to Supra and want to see this project do well, help us spread the word, especially the fact that we’re a L1 blockchain and more than oracles now. The more hype and buzz, the more fundamentally we think the better our launch is for everyone.
  2. Help stop the FUD – If you see any negative comments, trolls making up stories, fake accounts, or scams. Please report them and help protect the Tribe from FUD. The more popular a project becomes, the more it attracts scammers and haters.
  3. Get involved – If you’re really 100% onboard and want to roll up your sleeves and help more. Learn about Supra tech and become an evangelist in your circles; just talk about us or create content to share. You can even become a Supra Affiliate or Supra Spartan and get rewarded along the way. 

What we’ll be doing

Over the last few weeks, we’ve been announcing more features and services that make Supra the complete package in our webinar series, which is now available on our YouTube channel

Some of the new announcements include: 

  • The StarKey Wallet: Our StarKey wallet is your all-in-one portal to the Supra ecosystem, which will connect directly to our coming state-of-the art block scanner, SupraScan.
  • Proof of Efficient Liquidity (PoEL): PoEL a groundbreaking liquidity provisioning protocol that helps unite liquidity from hundreds of chains, making trading, staking, and other crypto activities easier than ever. 
  • Moonshot Consensus: Our formally verified Moonshot consensus protocol has reached a record-breaking 530k TPS and 500ms finality. 
  • Vertical Integration: Supra fully vertically integrates our core blockchain services with our Multi-VM platform and next-level process automation, cutting costs for builders and users, reducing liquidity fragmentation, and lowering latency. 
  • Dynamic Function Market Maker (DFMM): DFMM will revolutionize how DEXs route trades, improving general liquidity, reducing slippage, and joining fragmented liquidity pools together. 
  • Super dApps: Supra Super dApps combine a robust shared security infrastructure, simplified devX, and lower latency, making them cheaper and easier to build and use 
  • New Types of dApps: Supra enables dApps like next-gen perpetual DEXs, ultra-dynamic NFTs, universal DiD solutions, and Interchain data marketplaces. 
  • Other New dApp Applications: Supra also enables new dApp types like universal money markets, cross-chain insurance protocols, and cross-chain arbitrage solutions, and interchain governance mechanisms. 

In addition, we’ll be fine-tuning the tech and doing more testing. When we launch there will be a lot of scrutiny on the tech, and this is not something we will rush or ever compromise. We are shooting for nothing less than perfection, because we’re talking about billions of dollars of value to be trusted on our chain. We will be doing testing, testing, and more testing. 

Additionally, getting verifiable test results of the performance will be a crucial step to our launch. It’s an important part of telling our story to the world, and with the data to back it up, people will know Supra is the real deal and not just hot air. Be on the lookout for updates in this area as we get results in. 

And finally, we’re in advanced talks with several exchanges. We can’t reveal who they are, but locking down which exchanges and coordinating the exact TGE date needs to be agreed upon by all parties. So please be patient; we know everyone is excited for TGE but we cannot afford to have any misinformation or incorrect dates floating around, but internally the team has penciled in Summer 2024, if we can get all the stars aligned. 

But for now, just hang in there, and use all that excitement and energy to bring more awareness. And once all the details are locked down, we will announce the final TGE date.

Thank you, Tribe!

Much love, 

The Supra Team

Disclaimer: None of the following should be interpreted as financial, investment, legal, tax, relationship, or any other type of advice.

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