Source : ambcrypto.com
StakeMoon, a new and innovative digital cryptocurrency project, launches on the PancakeSwap decentralized exchange (DEX) today, following a successful pre-sale, raising more than $500,000 and gaining more than 400 stakeholders.
This is a huge step for the StakeMoon coin, still in its infancy, but quickly making waves in the crypto world. StakeMoon listing on the PancakeSwap enables users to buy, sell, and trade hundreds of decentralized finance (DeFi) currencies without third-party involvement, putting the value of StakeMoon into the hands of market forces. As interest in StakeMoon coin continues to grow, so will its market value.
StakeMoon is a Binance Smart Chain-based autonomous staking and liquidity-creating technology. With this token, transactions attract a taxation rate of 15% to discourage day traders and market speculators from buying and selling the StakeMoon token as part of a short-term investment strategy. Of this figure, 10% is distributed to existing token holders, while the remaining 5% is allocated to the StakeMoon liquidity pool.
With its pre-sale success, listing on PancakeSwap was the obvious next step for StakeMoon. With the most users of any decentralized platform, PancakeSwap is a type of DEX known as an automated market maker (AMM), which means that there are no order books, bid/ask the system or limit/market orders.
Instead, users trading on the platform automatically draws liquidity from one or more liquidity pools. PancakeSwap also has a unique trading experience, with extremely low transaction fees and rapid confirmation times for quick and safe trading.
“PancakeSwap was the obvious choice for StakeMoon’s initial exchange listing,” shared Scott Ryder, CEO of StakeMoon. “We are excited to be progressing into the next phase of our road map and successfully launching on PancakeSwap.
If we continue this trajectory as anticipated, we will see great advancements in 2022, including listing on Bitmart, Bitmart staking, and StakeMoon’s very own staking platform.”
StakeMoon strives to reward long-term holders via a taxation policy that penalizes market speculators, resulting in regular dividend payments for existing token holders and flexible staking rewards. The StakeMoon tokens are not locked into a minimum redemption period. Instead, “stakers” can withdraw their StakeMoon at any given time.
To learn more and purchase StakeMoon tokens, for now, visit https://stakecoins.com/
StakeMoon is a Binance Smart Chain-based autonomous staking and liquidity creating technology, launching new and innovative digital cryptocurrency projects.
Disclaimer: This is a paid post and should not be treated as news/advice.