Source : beincrypto.comhttps://s32659.pcdn.co/wp-content/uploads/2021/11/Screenshot-2021-11-18-at-20.45.42.png
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.
StakeMoon listing on the PancakeSwap has created a marketplace for buyers and sellers to transact. This DEX will enable users to buy, sell, and trade hundreds of decentralized finance (DeFi) currencies without third-party involvement. The value of StakeMoon will therefore be dictated by market forces.
PancakeSwap has the most users of any decentralized platform, ever created, and those users are now entrusting the platform with over $14 billion in funds. 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 draw liquidity from one or more liquidity pools, which then rebalance after the trade is complete. PancakeSwap also offers unique benefits to make for an excellent trading experience, including 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 in the next phase of our road map and successfully launching on PancakeSwap. We trust in the hassle-free interface of PancakeSwap, which is designed to accommodate features such as Swapping, Staking, and Bridging assets.”
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.
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 the website.
StakeMoon is a Binance Smart Chain-based autonomous staking and liquidity creating technology, launching new and innovative digital cryptocurrency projects.
All the information contained on our website is published in good faith and for general information purposes only. Any action the reader takes upon the information found on our website is strictly at their own risk.