Frequently Asked Questions

SPONGE $SPG

SOAK $SOAK

STEAM $STEAM

  • Basics

  • What is SPONGE (SPG) ?

    High passive yield token that absorbs token from other transactions !

    The percentage of $SPG absorbed is calculated by the percentage that you own among holders. This is the best passive yield possible !

    Read more about the SPG on the Medium Post.

  • What is Soak Token (SOAK) ?

    The Soak token is the main token that will be emitted by our dApp.

    It’s here to give you many farming and stacking options, but also to give value to $SPG

    2% of every transactions is sent to the Soak contract and will be used in the "Soak the Sponge !" event


    Planned burn and emission regulation later, so enjoy $Soak token while you can get some easily !


    Read more about the SOAK on the Medium Post.

  • What is Steam Token (STEAM) ?

    The Steam token is an alt token that will be emitted by burning $SOAK.

    It’s here to give you pools to farm but also to give value to $SOAK

    1.5% of every transactions is sent to the Steam contract and will be used in the "Event !" event

    1% of every transactions is burned


    Read more about the STEAM on the Medium Post.

  • Tokenomic of SPG

    SPG max supply is 100K deflationary (0.16% burn / tx).

    Every SPG transaction is 6.66% taxed.

    But SPG holders are proportionnaly getting redistribution of every SPG transactions.

    5% of each transaction is redistributed, 1% go to dev wallet for future devs, partnerships, new pools and remuneration, 0.5% go to BSC France organisation, and finally 0.16% is definitevely burned.

  • What is the total supply of SPG ?

    The total supply of SPG is 100k deflationary

  • Tokenomic of SOAK

    SOAK is unlimited supply.

    Current emission is 1/block (so about 1 new soak every 3 sec), it will probably be reduced later.

    Each SOAK transaction is 2% taxed.

    This tax goes to the 'Soak The Sponge !' event that will buy 33% of SPG and 66% of SPG/BNB LP with the SOAK.

  • What is the total supply of SOAK ?

    The total supply of SOAK is unlimited, with an emission of 1 SOAK per block

  • Tokenomic of STEAM

    STEAM is unlimited supply.

    There is no emission on STEAM, to MINT the compute is Soak amount ÷ Steam Total supply × 20000

    Each STEAM transaction is 1.5% taxed AND 1% burned, which mean 2.5% tax per transaction

    This tax goes to the 'Evaporate !' event that will buy 33% of Soak 66% to create new pools.

  • What is the total supply of STEAM ?

    The total supply of STEAM is unlimited, without an emission per block

  • Where is the Roadmap ?

    Lots of you are asking this, but DeFi is moving too fast to have a clear Roadmap, and we want to stay "Agile" being able to change our plans if needed.

    So we try to tease the next feature coming in our Medium articles, but we won't give you plans over the full year sorry.

  • App

  • Why can't coupound ?

    Most of us don't have issues with compund, but if you have some, just harvest and stack your rewards, it's the exact same thing !

  • What is the 'Soak the Sponge !' event ?

    This event will basically take the SOAK from the contract (coming from the 2% tax of SOAK), convert it to BNB.

    Then 66% of this BNB will buy $SPG (making its price rise !).

    And 50% of the $SPG will add locked liquidity with the BNB left !

  • Why I can't call the 'Soak the Sponge !' event ?

    In order to be able to call the event, the event must meet the following prerequisites:

    - 200+ SOAK must be present on the contract, the latter is fed by the 2% tax for each transaction carried out with the SOAK.
    - At least 10 SPG are required in your wallet, we reassure you, they will not be used for the event.

  • What is the 'Evaporate !' event ?

    This event will basically take the STEAM from the contract (coming from the 2.5% tax of SOAK), convert it to BNB.

    Then 33% of this BNB will buy $SOAK (making its price rise !).

    And 66% of the $SPG will be use to create new POOLS to farm !

  • Why I can't call the 'Evaporate !' event ?

    In order to be able to call the event, the event must meet the following prerequisites:

    - 50+ STEAM must be present on the contract, the latter is fed by the 2.5% tax for each transaction carried out with the STEAM.
    - At least 10 SOAK are required in your wallet, we reassure you, they will not be used for the event.

  • How many soaks does it convert into sponge?

    When the 'Soak The Sponge !' event button is pressed, only the SOAK in contract (number is displayed on the button) are converted to SPG and SPG/BNB LPs

  • Does my SOAK will be used for the event ?

    No, I can reassure you, only the SOAK in contract (number is displayed on the button) will be used.

  • Does my SPG will be used for the event ?

    No, I can reassure you, the SPG required for call the event will be not used.

  • Does my STEAM will be used for the 'Evaporate' event ?

    No, I can reassure you, only the STEAM in contract (number is displayed on the button) will be used.

  • Why the events are so expensive ?

    The event is so expensive because it carries out a large number of operations, in order to be profitable we have set up an automatic gain allowing the caller : 0.1% will be send as reward to cover gas cost.

    The caller of the event will therefore be the winner after calling the event.

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