> For the complete documentation index, see [llms.txt](https://supertitan-token.gitbook.io/supertitan-token/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://supertitan-token.gitbook.io/supertitan-token/info/supertitan-st-token-project.md). # SuperTitan (ST) Token Project This page will contain info on the SuperTitan (ST) token and serve to aid the SuperTitan (ST) token community in navigating and utilizing the project in the most efficient way. **Introduction** The ST token is designed to be a yield bearing leverage play on the TitanX token, as well as a perfectly fair launched and fairly distributed token. The ST token accomplishes this mission by pairing the ST token liquidity with TitanX tokens and by utilizing an auction lobby to auction off 77million tokens per day for thirty days. ## **How The Auction Lobby Works** The auction lobby works by auctioning off a certain amount of tokens for a set number of days. The price per token that a user pays in the auction is determined by the overall TitanX deposited into that particular auction lobby day. The amount of tokens a user will receive is determined by their overall percentage share of the total amount of TitanX deposited into that specific auction lobby day. To determine the price per token in a particular auction lobby day simply divide the "daily available tokens" or the amount of tokens being auctioned off by the total TitanX deposited. Example, if the daily available tokens = 22,727 and the total TitanX deposits = 1283 TitanX then the tokens per TitanX= 17.71395 To determine how much tokens you will receive once an auction lobby day closes you simply must know your total percentage share of the total TitanX deposited. That percent will be your percentage share of the "daily available tokens" and that will be how much tokens you will receive once that day fully closes. For example, if on day 2 the total daily available tokens was 22,727 and the total TitanX deposited is 500 and you deposit 500 your total percentage share of that pool is 100% and 100% of 22,727 is 22,727, so the amount of tokens you would receive is 22,727 tokens. ## **Our Strategic Recommendation** We recommend that when participating in our auction lobby you attempt to spread out your deposits into multiple days and not deposit 100% of your funds in one particular day. The reasoning behind this is because there might be a day where your deposit grants you a high percentage share of the overall ST token pool, which in return would give you more tokens. For example if you had 1000 USD worth of TitanX you could deposit 100 USD worth throughout 10 auction lobby days. One of those days could potentially grant you a higher percentage share of the available tokens compared to another day. Since your percentage share is unknown until the exact moment a particular auction day closes it is still an overall gamble. ## **Decentralized Liquidity** When the first day of the auction lobby ends it will take the 77million ST tokens and pair it with how much TitanX was contributed it to form an initial ST/TitanX liquidity pool. The formation of the liquidity is not dependent on the developers, as it is programmed within the contract itself to happen when day one ends and a user creates a deposit transaction on the next upcoming days. It will then take the LP tokens and send it to the burn address. No individual at any point will have access to the ownerless liquidity. ## **Buy Back & Burns** Day one of the auction lobby 85% of all TitanX deposits is meant for adding decentralized liquidity **(The LP pair will be SuperTitan/TitanX)** . Each day after day one will take 85% of the total TitanX deposited in that day to buy back and burn SuperTitan (ST) tokens. 15% of deposits is sent to the dev wallet and out of that 15% 8% is kept by the devs and 7% is used for marketing and development. The buyback and burn is triggered by the admin wallet of the smart contract, which will use a MEV protected RPC to avoid MEV bot issues. The buy back and burn will be triggered shortly after that day ends. So users can expect the buy back and burn for the deposited TitanX tokens from day two to happen shortly after day three begins. The admin wallet of the smart contract can only trigger the buy back and burn and nothing more. It cannot remove TitanX from the contract, remove liquidity, or remove anything. ## **Vesting + 10% Token Bonus** When a user enters into an auction lobby day they must wait until that day closes to claim and vest their tokens. When you trigger the claim+vest transaction it will vest the user tokens and the user will receive 5% of their tokens per day. 5% per day, 20 days = 100% of their tokens + 2 more days for the 10% bonus. The simple purpose for locking up the users tokens for a certain period of time is to prevent sell pressure and to allow the buy back and burns to have its desired affects. ## **Smart Contract & Audit** The official smart contract for the SuperTitan (ST) token is : 0xC4BBEF59421F0f4130e3FdB08A1F0716ee128d64 The code is open source and verified on etherscan for anyone to view : Our official audit has been conducted by Techrate and the audit report can be viewed down below: {% embed url="" %}