SuperGalaxy New Feature Update: Token Giveaway Auction

SUPER GALAXY
3 min readJun 7, 2024

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We are thrilled to announce a major release to the SuperGalaxy App! If you’ve been diligently accumulating app points, our new game will bring you immense fun and special rewards. The game is called ‘Auction,’ and it allows you to use points earned through daily claims, votes, and other activities to compete in bidding for trending meme coins. This exciting game might just keep you up all night, competing to be the last bidder. Here’s everything you need to know about participating in this fascinating ‘Token Giveaway Auction’!

Step-by-Step Guide to the Token Giveaway Auction

Step 1: Select an Auction to Join

When you open the SuperGalaxy app, you’ll notice the Auction icon at the bottom. Click on it to enter the Auction tab, where you can view a list of ongoing and upcoming Token Giveaway Auctions. The labels ‘Participating’, ‘Ongoing’, and ‘Upcoming’ help you navigate through auctions you’re involved in, those currently active, and those about to start.
If the list seems overwhelming, use the filter function at the top right to refine your search by selecting one or more of these categories. This way, you can easily find and select the auction you want to participate in.

Step 2: Connect Your Wallet

Upon selecting an auction, you’ll see the current bidding status and a button prompting you to connect your wallet. Initially, this button will read ‘Connect wallet to join the auction!’.
Clicking it will open a familiar pop-up window where you can link your personal wallet. Once connected, you’ll be ready to participate in the Token Giveaway Auction.

Step 3: Place Your Bids

After connecting your wallet, the button will change to ‘Place Bid’. You can now start bidding using your accumulated points. You can bid as many times as you want until the auction closes, but each bid requires a 5-second wait before you can bid again.
Remember, if someone bids just before the auction’s closing time, the timer will automatically extend by 15 seconds. This extension continues until no new bids are placed within the final moments, ensuring an exciting and competitive finish.

Step 4: Winning or Losing the Auction

If you’re the last bidder when the auction ends, you’ll see ‘Your bid was successful!’ on your screen, and the meme coin reward will be transferred to your connected wallet within 24 hours.
If you’re not the final bidder, you’ll see ‘So close! Try the next auction!’. Don’t be disheartened, as you’ll get your bid points back minus a small gas fee (15%), allowing you to participate in future auctions with ease.

Frequently Asked Questions

Q1: How are points deducted in the Token Giveaway Auction?

A1: The final bidder will have the full amount of their last bid deducted from their total points, receiving the meme coin reward in return. All other participants will receive 95% of their bid points back, with the remaining 5% used as a gas fee.

Q2: How do I receive my rewards from the Token Giveaway Auction?

A2: Winning bidders will receive their rewards in their connected wallet within 24 hours. Connecting your wallet is mandatory before participating in the Token Giveaway Auction.

Q3: Are rewards only meme coins?

A3: Initially, rewards will include coins listed on CEX exchanges, but may also feature tokens traded on DEX and stablecoins like USDT. Future rewards could expand to NFTs, gift cards, and travel vouchers as we partner with more projects.

Q4: How can I earn more points if I run out?

A4: Besides daily claims and wallet connections, you can earn points through votes, and upcoming referral bonuses. Stay tuned for new ways to accumulate points.

Q5: Is it safe to connect my personal wallet to the app?

A5: Yes, it is safe. The wallet connection only grants necessary access without compromising security. No additional permissions are given to third parties.

Q6: How will app points convert to tokens and airdrops in the future?

A6: SuperGalaxy plans to launch its token and airdrop it to users based on points, activity, and engagement. Keep accumulating points and participating for maximum benefits.

Q7: Can project teams or influencers partner with SuperGalaxy?

A7: Absolutely. SuperGalaxy welcomes partnerships that bring more benefits to users. If interested, contact us at contact@supergalaxy.io

💻 Download(AOS/IOS) : https://supergalaxy.io

👥 X (Twitter) : https://x.com/SuperGalaxy_io

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