Blast Off Token Plans Guide: What are these plans and how do they work?

Since we first introduced Countdown to Blast Off, we’ve grown to a massive community of over half a million KYC-verified players — our strong force of 515,000+ Cadets. All of these players and community members have been learning, playing, and earning their shares of the very first $SUPRA token airdrop. After extremely thorough coordination efforts with multiple partners and platforms around the world, we’re finally nearing Supra’s much awaited Token Generation Event (TGE).

Today, we stand at a key turnpoint in this journey to TGE — with the path to the Layer-1 mainnet within reach, and the roll out of our Token Claim Plans in Countdown to Blast Off setting the stage for all 515,000 Cadets to soon become the very first holders of the $SUPRA token and delegators in the Supra L1 network. We’ve got two plans live right now — the limited time Accelerated Unlock plan and the Slow Vesting plan. With almost quarter of a million players having completed their plan selection already, we’re pacing towards setting the record for verified token holders and delegators at TGE.

Let’s break down how you can select your plan and go through each of the paths to help you better understand what they mean for your journey ahead.

How to Select Your Token Plan

The token plans are now live on a dedicated page on the Countdown To Blast Off website. You can head on over to https://supra.com/blastoff/tokens to set your preferred token plan now. Just log into your Blast Off account and follow the instructions, but keep in mind that this only works on desktop. We recommend using any Chromium-based desktop browser for this — like Google Chrome, Brave, Opera, and Edge for example.

You will be asked to create your own wallet in the StarKey Wallet browser extension first — this is the official wallet for Supra. You will then be able to connect your StarKey wallet to your Blast Off account and proceed to selecting your token claim plan.

From your total tokens, 10% will be unlocked and airdropped to your wallet at TGE. For the remaining, you will have two options to choose from. First you have the Accelerated Unlock plan where your tokens are stored in a locked delegation plan for 15 months starting at TGE. The second option is the Slow Vesting plan where 3% of your tokens are vested or unlocked every month for 30 months starting at TGE.

The Accelerated Unlock Plan 

In this plan, you will receive 10% of your tokens at TGE and the remaining 90% will be stored in a locked delegation plan for 15 months starting at TGE. 

This is a limited time plan we’ve created that can help bring immense strength to the Supra network’s security, while enabling you to get your tokens in half the time as the standard vesting process. There is a timer on the page counting down to its availability, so be sure to act quickly if you want to take advantage of this. 

Once your tokens are delegated to validator nodes, the node operators may share their block rewards with you at regular intervals or epochs. Block rewards will be always claimable and usable in real-time. They will not be locked.

The Slow Vesting Plan

This plan follows the standard token claim process of monthly vesting. Here, you will receive 10% of your tokens at TGE. For the remaining 90% of your tokens, they will be released at a steady rate of 3% per month over 30 months starting at TGE. A portion of your tokens will be vested and available to claim through a vesting contract each month. 

That means you’ll receive a steady stream of tokens each month, allowing you to gradually access and potentially utilize your tokens across dApps or exchanges based on compatibility. 

At all times, any unvested or locked tokens in this plan are also delegated to validator nodes, and the node operators may share their block rewards with you. Any block rewards you get will be claimable and usable in real-time. They will not be locked.

Please Note: This plan was recently updated to offer additional benefits of delegation. Originally, the unvested or locked tokens in this plan were not delegated to node operators. However, with recent updates to our smart contracts, we’ve been able to bring this benefit to this plan as well. 

What Does Delegation Mean?

In both the token claim plans, all locked tokens are delegated to the delegator pools of validator nodes. Tokens locked in delegator pools help the node operators provide services, such as validating transactions and securing the blockchain. In exchange for good behavior in providing these services, node operators get a share of regular network emissions in SUPRA tokens. 

These emissions are distributed to the node operators periodically based on the network’s participating delegators and node operators, and the amount of value locked by validator nodes. The node operators may then pass on a share of these emissions they get from the network to all the contributors of their delegator pool. These are called delegator rewards. 

It is in the best interest of node operators to share their rewards with their delegators, which makes them an attractive choice of node for any further delegators seeking to help secure the Supra network and earn block rewards. Any block rewards that Blast Off participants receive from the node operators for delegating their tokens will always be unlockable and claimable in real-time, they will not be locked.

Why Does Token Delegation Matter?

Token delegation is the core source of security and strength of most Layer-1 Proof of Stake networks. The stronger the delegator community, the stronger the security of the underlying Layer-1 blockchain gets. Delegators are commonly seen as the core believers, supporters, and backers of a blockchain. In other emerging Layer-1 networks, being among the earliest delegators and network participants has proven to come with benefits from other builders too as the given ecosystem expands. 

Also, having a strong, diverse, and widespread delegator base can prove to be a powerful quality for any blockchain. This aspect can help the Supra network stand out starkly with clear visible support from a strong, diverse base of delegators from across the world. This is something that adds to the value of the Layer-1 network to a great extent, as well as all the dApps and projects on the blockchain too. 

Why Aren’t All Tokens Unlocked Right Away at TGE?

It’s standard practice in the blockchain world not to release all tokens immediately on the Token Generation Event (TGE) day. This gradual release of tokens is known as vesting, and it’s designed to help prevent market flooding and ensure long-term stability and health of the project. By distributing tokens over a set period, we can maintain a balanced and sustainable ecosystem, encouraging long-term commitment across all factions of token holders.

In line with this standard practice, both of our token claim plans offer structured ways to claim your tokens over a set period of time in a way that creates value for the network by preventing flooding and enabling gradual increase in the circulating supply over the first two to three years. This ensures the overall health and stability of the network, which is what the long-standing vesting process has been designed for.

Pick the Perfect Plan for Your Needs

Choosing between Slow Vesting plan and Accelerated Unlock plan depends on your personal preferences. The Accelerated Unlock path offers you a significantly quicker path to unlocking all your tokens — but the Slow Vesting plan offers smaller unlocks every month over the longer period of time.

If you prefer to receive your tokens gradually and don’t mind it taking a longer period of time to unlock all tokens, the Slow Vesting plan is a good choice. This can give you consistent access to a smaller portion of your tokens, and may be more suitable if you seek regular access instead of locking up a major chunk of your tokens.

On the other hand, if you’re comfortable with locking up most of your tokens for a shorter duration, the Accelerated Unlock plan might be ideal for you. If you’re leaning towards the Accelerated Unlock plan, it’s a limited time plan so you’ll want to lock it in right away. 

Final Word and Considerations

At the end of the day, whichever plan you lean towards, it’s important to create your wallet and save your choice as soon as possible. With almost 250,000 Cadets already having saved their plans, Supra is set to break world records for Layer-1 users, token holders, and delegates at launch and TGE. 

It’s important to understand that while this may be a key step on our way to TGE, this train will definitely arrive at the TGE station even if some Cadets aren’t able to complete their token plan selection in time. While there may yet be some time to claim your tokens afterwards, the options may unfortunately be more limited. So if you haven’t done it already, head on over to the token plans page and save your plans right away. 

If you encounter any issues or have questions during the token claim process, our support team is here to help. You can reach out to us via our Discord. For more detailed information about our tokenomics and delegation plans, please refer to our official website.

We hope this guide helps you understand the token plans better. If you have any further questions or need assistance, don’t hesitate to reach out to us. Whichever path you end up choosing, we’ll be right there with you, Cadets. 

All the best!