SSW’s main objective is to enrich your crypto experience through the promise of a fixed low fee of 3%, better rates, and absolute transparency. According to the official whitepaper, the project is currently being onboarded for audit by CertiK. However, at the time of this writing, the audit itself hasn’t been completed, which means that there’s no official security assessment https://www.xcritical.com/blog/what-is-seesaw-protocol-everything-you-should-know-about-ssw/ of the Seesaw Protocol. Initially, the token will be launched on PancakeSwap with a 3% purchase fee and a 5% sale fee. Some of these fees will be redistributed to existing SSW holders providing them with a way to earn passively on their holdings. The Mechanism is a completely on-chain liquidity protocol that can be used on any blockchain that supports smart contracts.
- In spite of Litecoin not appearing like it might make a bull run at the moment, there are irons in fire of the digital asset.
- Seesaw Protocol price has seen tremendous growth, which has had early investors smiling.
- In simple terms, this means that the audit of Seesaw Protocol (SSW) is likely to be completed after its launch or once the pre-sales have ended when the transactions come into fruition.
- This will open doors to the next presale stage which is set to end a month later on March 25th, 2022 with 89,100,000.
- Seesaw Protocol’s creators are following this approach and choosing to remain anonymous.
This may be the next big investment with global eyes on the coin itself, but due diligence is required. As with every newcomer and this industry, every investor is encouraged to carry out their own research and decide for themselves. Owners of the coin will benefit from trading of SSW, this means high trading will result in the high value of your held pie. This content is for informational purposes only and not intended to be investing advice. This article is sponsored content and does not represent the views or opinions of BeInCrypto. While we adhere to the Trust Project guidelines for unbiased and transparent reporting, this content is created by a third party and is intended for promotional purposes.
How To Invest In Cryptocurrencies Such As SeeSaw Protocol?
When you submit your liquidity pool (LP) tokens to a time-lock smart contract and surrender ownership for a certain period of time, you are effectively locking in your liquidity. Developers will not be able to recoup monies from the liquidity pool unless they also hold LP tokens, which are a kind of cryptocurrency. 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. Without a doubt, cryptocurrencies are the quickest way to make amazing returns on your money.
Seesaw Protocol (SSW) is a fully decentralized multi DeFi platform that offers its users to ability to bridge between multiple networks. Also bearing in mind that Seesaw is yet to launch on major exchanges yet, along with the roadmap of the protocol, makes 10,000x sounds like a starting point for SSW crypto coin. The numerous benefits of blockchain technology have enabled investors worldwide to invest in digital tokens based on comparable technology, with the market showing an increasing trend. Bitcoin is the most popular and lucrative of them, but there are many others in the market vying to top the charts with their added worth. 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.
SSW Price Statistics
The starting price of the coin is set to be $0.005, with “BNB, BTC, ETH, BCH, LTC, DASH, DOGE, USDT (ERC20-TRC20) and many more” as buying currencies accepted. This promotes holding of the coin, and users may be prompted to retain their investments rather than quickly holding and selling. A less volatile coin may mean a good opportunity for investors in the long run. Names like JP Morgan, Deloitte, and Tesla have publicly voiced their nod towards the digital coin along with investing in them, themselves.
Every investor, like every newcomer and every industry, is encouraged to conduct their own study and make their own decisions. Owners of the coin will benefit from SSW trading, which means that a large trading volume will result in a high value of your held pie. Many investors are poised to capitalize on what may be the next major investment opportunity. Seesaw, which has characteristics that appeal to investors all around the world, has the potential to produce large profits for those who are able to hop on board early enough. Cointelegraph does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page.
What are iTokens in the Harmony Blockchain?
With a relatively small investment, it can lead to significant future profits. Its second phase pre-sale ended on 25th February with 178,200,000 tokens sold, and the third pre-sale phase will end on 25th March. It offers up to 89,100,000 SW for sale while the final pre-sale phase will offer up to 29,700,000 SSW for sale. Parallelly, the utility cryptocurrencies that currently exist are usually linked to DeFi Projects like Crypto Games or Metaverse. The holders of such tokens can use them to buy in-game items or acquire them by trading their in-game items.
But not to fear, with this article the readers will find what cryptocurrencies are and how to invest in existing or current tokens such as SeeSaw Protocol (SSW). Perhaps one of the most important accomplishments throughout the industry that we saw is the broader acceptance of various networks. The boom of DeFi summer in 2020 showed that Ethereum, in its current shape and form, is quite unable to handle the massive load of users.
What is the SeeSaw Protocol?
However, one particular coin (XRP) failed to break its all-time high price of $3.84 which was set all the way back in 2018. On the flip side, Seesaw Protocol (SSW) is still in stage 1 of its presale but has outperformed all of the major coins with a mammoth 1000% rise in price in just under a month. In addition, owning and keeping the Seesaw token may result in benefits. Those who purchased the tokens will profit from everyone who buys and sells them; a portion of all purchases and sales will be returned to the Protocol. If trade volume is high, the value of your overall portfolio will rise.
It is possible to swap the pieces with any other tokens at the best possible price thanks to Seesaw’s SmartTrade and liquidity aggregation services. A Defi Exchange is a platform intended to allow for the speedy swapping of DeFi coins while also providing access to the greatest liquidity and the best swap prices. Seesaw Protocol (SSW) is a decentralised ecosystem made up of multi-chain DeFi products, protocols, and use cases.
SEESAW HAS LAUNCHED
Among the many reasons to get this digital currency is the reward incentive of simply holding them. A regular airdrop feature enables long-term holders of the token to earn extra coins. The alarming rate by which the SSW Tokens are rising in value has certainly drawn speculations from the crypto https://www.xcritical.com/ community. While some are advising caution, others are waiting to gain more knowledge regarding the project. It is because the SSW protocol initially didn’t even have a Whitepaper mentioning its Proof of Concept. Holders of these and many other coins saw exponential growth in their portfolio.