StakeMoon, an innovative new digital cryptocurrency project, launches on the decentralized exchange PancakeSwap (DEX) today, after a successful presale, raising more than $ 500,000.
The StakeMoon listing on PancakeSwap has created a marketplace for buyers and sellers. This DEX will allow users to buy, sell and trade hundreds of decentralized finance (DeFi) currencies without the intervention of a third party. The value of StakeMoon will therefore be dictated by market forces.
PancakeSwap has the highest user count of any decentralized platform ever, and those users now entrust the platform with more than $ 14 billion in funds. PancakeSwap is a type of DEX known as an Automated Market Maker (AMM) which means there are no order books, system bid / ask or limit orders. /at the market.
Instead, users who trade on the platform automatically draw liquidity from one or more liquidity pools, which then rebalance once the trade is complete. PancakeSwap also offers some unique benefits for a great trading experience, including extremely low transaction fees and quick confirmation times for fast and safe trading.
“PancakeSwap was the obvious choice for StakeMoon’s initial public offering,” said Scott Ryder, CEO of StakeMoon. “We are delighted to be in the next phase of our roadmap and to successfully launch PancakeSwap. We trust PancakeSwap’s hassle-free interface, which is designed to accommodate features like asset swapping, staking, and bridging.
StakeMoon is a standalone staking and liquidity building technology based on Binance Smart Chain. With this token, transactions attract a 15% tax rate to discourage day traders and market speculators from buying and selling the StakeMoon token as part of a short-term investment strategy. Of this, 10% is distributed to existing token holders, while the remaining 5% is allocated to the StakeMoon cash pool.
StakeMoon strives to reward long-term holders through a tax policy that penalizes market speculators, resulting in regular dividend payments for existing token holders and flexible wagering rewards. StakeMoon tokens are not stuck in a minimum redemption period. Instead, “stakers” can withdraw their StakeMoon at any time.
To learn more and buy StakeMoon Tokens, for now, visit the website.
StakeMoon is a standalone Binance Smart Chain-based liquidity-building and staking technology, launching innovative new digital cryptocurrency projects.
Website | Telegram | Twitter | Instagram.
All information on our website is posted in good faith and for general information purposes only. Any action that the reader takes on the information found on our website is strictly at his own risk.