The Seesaw Protocol Explained Moni Talks

Additionally, it appears the team behind Seesaw Protocol wants to involve the community as much as possible. Long-term tokenholders are rewarded with extra SSW https://www.xcritical.com/blog/what-is-seesaw-protocol-everything-you-should-know-about-ssw/ tokens via a regular airdrop feature. These tokens are made available thanks to a 3% tax fee that takes place on every transaction carried out on the network.

seesaw protocol token

Seesaw Protocol also utilises a small fee attached to each purchase and sale which is both distributed amongst existing holders and also put back into its liquidity to ensure additional security. Think of it like the standard currency exchange, the stronger the currency exchange rate, the cheaper the imports. SSW’s main objective is to enrich people’s crypto experience through the promise of a fixed low fee of 3%, better rates and absolute transparency.

About Seesaw Token Sale

Crypto.currency.com is a Gibraltar-based licensed platform that provides crypto exchange services for European, UK and Australian residents. Crypto.currency.com is a US-based licensed platform that provides crypto exchange services for US residents. Dzengi Сom сlosed joint stock company is a cryptoplatform https://www.xcritical.com/ operator (cryptoexchange) and carries out activities using tokens. SeeSaw Protocol was accepting pre-sale money, despite offering no proof of concept or whitepaper. Since the original publication of this article, the team has unveiled a whitepaper, which investors should thoroughly scrutinise.

seesaw protocol token

When compared to other blockchains, Kadena claims that their blockchain, together with Pact, is the only layer 1 proof of work blockchain that can be scaled appropriately. They further say that Kadena has the same level of security as Bitcoin, uses little to no gas, and has well-designed smart contracts. The Seesaw Protocol is a fully on-chain liquidity protocol that can be implemented on any smart contract-enabled blockchain, such as BNB Smart Chain, Polygon, and Ethereum. As an open-source protocol standard for liquidity pools, it can provide an endpoint for automated market-making (buying/selling tokens) against a smart contract. The presale price of the SSW crypto coin started at $.0022 for 1 SSW, guess which coin is trading at $0.44 today? In addition, owning and keeping the Seesaw token may result in benefits.

Calyx Token

Traditional markets are slow and only rise at a pace of roughly 10% per year on average, but cryptos such as Dogecoin have risen by 70,000% in just a few months, making some people millionaires overnight. However, with so many new cryptocurrencies emerging, it’s difficult to decide where to invest your money next. CoinCheckup provides live cryptocurrency prices and charts, listed by crypto market cap. Get latest crypto prices, predictions,
news, and historical data for Bitcoin and thousands of altcoins. But that doesn’t mean there’s only a 10% chance that Seesaw Protocol will succeed.

seesaw protocol token

Pre-sale tokens will be available to purchase in
three stages over 2.5 months. To be fair, SSW is new, and we can only expect so much as the project behind this cryptocurrency continues to develop. The Seesaw protocol is a decentralized, multi-chain, noncustodial ecosystem of Defi products, protocols, and services. The Sandbox (SAND) is Decentraland’s rival for top spot in the Metaverse. In the wake of Mark Zuckerberg’s Meta announcement late in 2021, it increased by 235%. As has been the case with almost every cryptocurrency, SAND dipped at the beginning of the year.

Syndicates spread fraud, issue fake results to desperate admission seekers

Seesaw protocol multi-chain feature allows the token to be swappable between multiple chains (Binance, Ethereum, Polygon) with almost 0% commission. Drastically reducing interchain charges, and providing a more secured swapping option to cross-chain. A sentiment that Vitalik Buterin, the co-founder of Ethereum, also shares. BoostX is a multi-chain launchpad enabling projects to raise capital, market effectively and ensure the safety of early investors.

seesaw protocol token

With a relatively small investment, it can lead to significant future profits. «The SeeSaw Protocol is a fully networked liquidity cross-chain protocol that may be implemented on any blockchain which supports smart contracts. The Seesaw protocol is an open source standard for liquidity pools, providing an endpoint for automatically creating a market (buying/selling tokens) on a smart contract». The Seesaw Protocol team is dedicated to creating the best crypto community possible, and one way they are doing so is by charging a charge on each transaction. Each SSW buy is subject to a 3% fee, and each sale is subject to a 5% fee. This is beneficial to holders because the fees are dispersed among existing SSW holders, thus the longer you hold, the more tokens you’ll have.

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