What is SOTβ?
A: SOTβ (AI AVATAR Option Token) is a reward token issued by AI AVATAR. It serves as an incentive for users who participate in our token sale and hold their SGT tokens for a set period. The amount of SOTβ you receive is based on the SGT/USDT rate at the time of your purchase.
After the lock period, the price of SGT is expected to increase. When you hold SOTβ, you have the right to exercise it for SGT at a discounted price compared to the market price at that time. This provides an opportunity to acquire SGT at favorable rates after the locking period ends.
When can I claim and exercise my SOTβ right?
A: You can claim your SOTβ along with your SGT tokens after the end of your selected lock period. Once you have claimed your SOTβ, you can immediately exercise it for SGT at the discounted price.
For detailed instructions on how to claim and exercise your SOT rights, please check these FAQs: How to claim SOTβ token?