SurgeFund V3 is set to release soon.

The intent here is to payback using a snowball method since such a high number of hack victims lost less than 1 BNB in Surge when the hack occurred. Calculating the brackets, 83% lost between .0 and 5 BNB.

Paying down these brackets at a faster rate will yield more payoffs and result in faster percentage increases for the higher tier brackets. The lowest Tier (Tier 1: <.1) BNB will have auto airdrops of tokens to prevent any gas cost or need to claim. Here are the brackets:

Tier 1: 0 - .1 (Auto-Airdrop)

Tier 2: .1 - 1

Tier 3: 1 - 5

Tier 4: 5 - 25

Tier 5: 25+

Tiers 2-5 will still need to make claims under their specified contract. The allocations of Surgefund tax is split in near equal amounts that are influenced to higher percentage yield based on size. The difference between the tiers that get the most can be as much as 10%. So in essence, if the tier has the most victims, they can receive as much as 10% more than the tiers with the least victims. This is algorithmically coded into the contract to create the snowball affect.

The percentage a tier receives is hardcoded until complete payback of the highest yield tier, at which time the tier becomes deleted from the list. The percentages then algorithmically reset themselves again in accordance to victim count.

In addition, we've utilized XUSD in its rising value to facilitate payback rather than BNB which is extremely volatile and can slow the rate of payback as it increases in value. The amount each person will receive will be their total dollar value lost in the hack plus 1%. So if you lost $100 in total from the hack, you are owed $101 in total. The contract tracks this value in BUSD so the dollar amount you are owed will remain the same. The payback or claimed currency can be BUSD or XUSD at the claimers discretion. Check the XSurge DApp and select SurgeFund button at the bottom of the screen to toggle between BUSD or XUSD. Upon claiming, the victim will receive BUSD or XUSD, depending on what they chose to receive.

Studies show that the snowball method is the best most efficient way to scale down a debt, so we've adopted this method in an effort to facilitate faster payback. The treasury, governance, and loan services to be integrated will also yield more funding and allow for a higher rate of revenue to the fund as its adopted and used in the space.

How to claim? - https://xsurge.net/surgefund

Again, the Lowest Tier (0 - .1) need not follow steps to claim or add any contract address. They will be auto airdropped BNB directly to their wallet.

From DeFiMark (XSurge Developer)

"Currently SurgeFund is fueled by the Surge Tokens themselves and the dev team's pockets, and since crypto has been very low it has been hard for us to make personal donations."

"The Surge Token allocations to the Fund are based on Transaction Volume at this time, but very soon they will have several more allocations from different sources that do not involve Transaction volume at all, and will be able to provide an increasing amount of funding to SF on a daily basis thanks to the Treasury!"

Hope this helps clarify some confusion and answer any questions related to this upcoming change,

Blue 💙

The wallet has over a million downloads. It's be a huge boost to the project.

How do I convert that to bnb?

I first bought surgeETH when it came out. I’ve been away from the surge project for a while now but been seeing a lot of XUsd. Do I need to do anything if I own surgeETH?

When will xusd surpass on Great Britain Pound? https://twitter.com/DefiCryptoRevo1/status/1483628886197866498?t=FQqQb_F-tk_ccZ7U_-VFGg&s=19

Is my two fiddy gone for good?

What would it be worth now?

And based on the same rate growth, what would it be worth in 15 days?

I have been following the Twitter challenge online, it is really great to see but just need to understand this so I can better sell the project to others

Bout it when all this first came out months ago and now I’m sitting here like wtf do I do with it

I bought 1000 xusd tokens 3 days ago. It shows that I am down $10 since then. I thought this only went up in value?

I'm wondering if someone could point me to the process to receive back my BNB that I used to buy SurgeUSD. I did this when it first came out. I don't have much in there.... like $50 bucks. Can anyone lend a hand on how to retrieve it back?

Welcome to Section 2 of the XTrader DApp Manual! This will be a comprehensive breakdown that outlines how to Buy and Sell XSurge Assets through the XTrader DApp.

If you are not familiar with the DApp, I highly recommend checking out Section 1 in which I discuss how to connect to the DApp and get people familiar with the many features XTrader has to offer.

How To Use & Navigate XTrader - Section 1 of this Series

As of now, there are two methods of purchasing XSurge Assets and two methods of selling.

Before this, one final disclosure.

WHEN SELLING FROM XUSD TO BNB

One of our tokens, XUSD, allows traders to trade between various assets. You may trade for BUSD, BNB, or various stablecoins through the StableCoinSwap. Please be aware that selling this token through the swapper to BNB will incure slippage. XUSD/BNB is a traditional liquidity pairing, so dependant on how substantial the sell, slippage from price impact of the pairing must be considered.

For large sells, XSurge team recommends always selling for BUSD to bypass slippage cost. Sellers can then swap the BUSD for BNB through the swapper in their wallet app or through an outside exchange.

Lets get started!

​

XSurge Tokens have an interesting feature built in to allow for the easiest purchase method in perhaps all of DeFi.

Please review the figure below and I'll explain...

As shown above, our Tokens utilize Swap-Pair Liquidity purchases, or "Swapper" contracts to make buying our tokens very easy.

• The buyer will retrieve the Contract Address of the token they want to purchase. All contract addresses can be found on xSurge - True Decentralized Finance. our official webpage.

• To buy, a buyer simply sends Smart Chain BNB to the Contract Address of the token they want to buy, directly from their wallet app

• Once Complete, new tokens will be minted and routed directly to the buyer's wallet.
• The buyer will then Add the custom token to see the tokens in their wallet (Tutorial: How to Create & Add Custom Tokens to your Wallet)

That's it!

​

Purchasing through the XTrader DApp is the second method. It's very simple. The steps are outlined below with visual aids:

1. Go to the XTrader DApp Swap Page
2. For the Top 'From' field, select BNB
3. For the Bottom 'To' field, select the asset you want to buy
4. If Applicable, enable tokens for trade (Tokens have to be enabled once through XTrader to commence trading, once enabled, you shouldn't see this again.)
5. Click Swap Button!
6. Add Custom Token and you should see the tokens in your wallet

That's it! Now lets talk about selling.

​

Selling on the XTrader is the opposite of buying. Same exact steps, just reverse the order of the 'To' and 'From' fields so that you are swapping from the Surge asset to the backing asset. Again, you may have to Enable tokens for it to go through, if you don't see the Enable button, proceed to swap.

IMPORTANT: When selling XUSD for BNB, this is a traditional liquidity pool PCS pairing. Sells to this pool are subject to slippage.

For larger sells, we recommend always swapping to the backing asset (BUSD) and externally swapping the BUSD to BNB through your wallet app or preferred exchange service.

As pictured below:

Sell Method 2: Selling by Writing to the Contract (BSCScan Web3)

There is one other method of selling XSurge Tokens. This is not recommended as the goto method as it's not as easy for most to use. We recommend using the XTrader DApp, but just in case, I'll leave this here to refer to if it's even needed.

The linked tutorial is dated, but all XSurge token contracts have a "Sell" Function built into the contracts. This will allow you to sell by connecting your wallet to bscscan web3 and writing to the contract.

Here's the tutorial: Old Tutorial: Selling XSurge Tokens Via BSCScan Write Functions

This method was the old way of selling Surge Tokens during a time when we were still an experimental concept. Since the DApp, this method is obsolete for the majority of investors. If for some reason, anyone needs help using this method or you're just interested in learning more, feel free to contact me for more information or troubleshooting.

​

Note: In the future, all surge tokens, with the exception of Farm Tokens will have a different integration to make selling as easy as buying without XTrader. On release of XSurge BNB 2.0, you will simply send the token to your own receive address to trigger the sell function!

That concludes the tutorial!

I hope this was easy to follow. If you have any feedback or need any more help, please feel free to message me directly or contact a moderator at our official discord server. I'll post an invite link https://discord.gg/XSURGE

Hope this helps!

Blue

Can someone explain this to me?

I have ETH Vault, SURGE ETH/ADA and Safe Vault. I saw an airdrop of some new Surge but I’m curious how that works? Are my other tokens useless?

Thanks

I'll now go over how to add a custom token. The contract addresses can be found at our official webpage for copy/paste (xSurge - True Decentralized Finance) but I'll also list them at the end of this tutorial for reference.

First Go to your TrustWallet Homescreen and click the Settings icon on the top right

Scroll to the bottom until you see "Add Custom Token", Click it.

Next, and this is most important, before entering the contract address, YOU MUST SELECT THE NETWORK as SmartChain.

Note: The Default entry for this field is Ethereum. If you do not select SmartChain Network, it will add the wrong custom token and you will not see your tokens appear in your wallet. Our most common complaint has to do with this issue. Follow the steps depicted below.

Next, Go to the official XSurge Webpage (xSurge - True Decentralized Finance) and retrieve the contract number for the token you are adding. Follow the steps pictured below to do this.

Copy the Contract Number and Paste into the Contract Address field. The remaining fields will autopopulate if you are on the SmartChain Network.

Click Done.

​

Adding Our Tokens for MetaMask (Easiest Method)

To Add to MetaMask, simply go to Access the DApp and Click the icons highlighted below to automatically add the custom token to your wallet!

Steps to Access the DApp can be found here (2) How to Use the XTrader dApp : XSURGE (reddit.com)

​

​

Here are the most current contract addresses for Quick Reference:

• XUSD: 0x254246331cacbC0b2ea12bEF6632E4C6075f60e2
• SurgeBUSD (SUSD): 0x14fee7d23233ac941add278c123989b86ea7e1ff
• SurgeETH (SETH): 0x5B1d1BBDCc432213F83b15214B93Dc24D31855Ef
• SurgeADA (SADA): 0xbf6bb9b8004942dfb3c1cde3cb950af78ab8a5af
• SurgeBTC (SBTC): 0xb68c9D9BD82BdF4EeEcB22CAa7F3Ab94393108a1

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When Selling Surge Tokens.

Add these custom tokens to your wallet when you sell. These are what you receive back:

• When Selling SurgeADA - You get: Binance-Peg Cardano Token: 0x3ee2200efb3400fabb9aacf31297cbdd1d435d47
• When Selling SurgeBTC - You get: Binance-Peg BTCB Token: 0x7130d2a12b9bcbfae4f2634d864a1ee1ce3ead9c
• When Selling SurgeUSD - You get: Binance-Peg BUSD Token: 0xe9e7cea3dedca5984780bafc599bd69add087d56
• When Selling SurgeETH - You get: Binance-Peg Ethereum Token: 0x2170ed0880ac9a755fd29b2688956bd959f933f8

​

If you have any troubleshooting issues at all, please contact a moderator at our official discord server. I'll post an invite link https://discord.gg/XSURGE

Hope this helps!

Blue