The presale price of the SSW crypto coin started at $.0022 for 1 SSW, guess which coin is trading at $0.44 today? As SSW is currently listed on PancakeSwap we will guide you through how to convert your BTC on the platform. Although if managed properly https://xcritical.com/ it is in fact more secure to store your assets in your own private wallet than on exchange wallets. If you are still uncomfortable with using a DEX just yet, check if SSW is available on any other traditional centralised exchanges on the tab above.
Seesaw Finance is a multi-chain, decentralized, non-custodial ecosystem of DeFi products, protocols, and use seesaw crypto cases. Seesaw Token deployed to Binance Smart Chain and will also be deployed on Polygon and Ethereum. Liquidity is locked by delivering liquidity pool tokens to a time-lock smart contract and relinquishing ownership for a set length of time. Due to their success, they have reason to be talked about in the crypto community. Whilst Seesaw Protocol’s 1 million liquidity was locked in for six months, developers couldn’t sell their stake in the project, this builds assurance from the community and makes SSW a more appealing commodity to purchase.
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Naturally, the DEX platforms demand a crypto conversion or exchange fee which can cost astronomically for transactions of higher value. According to the official website, 30% of the SeeSaw cryptocurrency was reserved for the pre-sale, 10% for marketing, 5% as a bridge reserve and 4% for the developer’s wallet. The combination of all these factors has resulted in most cryptocurrencies losing aggressively in the markets. However, some have taken a heavier hit from the cryptocurrency industry’s bear markets than others, and the Seesaw protocol has been one of them.
The following is a brief overview of files that need to be changed when a new module is added. Seesaw Protocol is available to purchase now; the first stage of presale ends on February 25, 2022, in which a second stage will shortly commence. Sales are up until the 3rdand last presale, which is expected to take place on April 8, 2022. Cryptocurrency has long been a topic of discussion as to whether the digital payment system can be trusted.
Why is SeeSaw Protocol trending?
Based on such statements, one may find it difficult to decide to purchase the SSW Tokens, but their already exceeding number of sales is an equal deterrent against such doubts. So, it remains a matter of personal choice as to whether you should put your faith and money in the SSW Protocol. The initial month of presale completion raised its value by over 2500% with greater ascend expected after Q3. Judging by recent discussions on Telegram, users encountered issues with conducting pre-sale transactions, a fact confirmed by one of Seedaw Protocol’s only tweets. There have been some notable presales over the last few years and a notable one that is currently underway; Filecoin , Tezos , and Seesaw Protocol , respectively. With this comes the knowledge that your investment will not go down.
The latter aspect eliminates the need for owning more than one type of crypto wallet as well as prevents maintaining them separately. Is a global cryptocurrency exchange platform that allows you to trade crypto and other assets. It is also worth noting that the gap concerning Binance Smart Chain, Polygon, as well as Ethereum is anticipated to be connected by SSW in a bid to permit proprietors to allot tokens amongst the three prevalent blockchains. Binance – Buy over 350 tokens in seconds with fees as low as 0% 0% FEES Spot, futures, options, NFTs, savings, staking, and Binance Card. Additionally, it appears the team behind Seesaw Protocol wants to involve the community as much as possible.
- Now that the dust has settled, it looks like support for SSW is beginning to pick up traction again.
- Certik is one of the leading blockchain technology auditors, and precocious backers can check the progress of their chosen cryptocurrency on their site.
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- Seesaw Protocol uses a portion of the transaction fee attached to each purchase and sale to constantly add to its liquidity.
- Seesaw Protocol’s platform will enable users to conduct cross-chain swaps using multiple solutions at the best possible rates.
- By retaining its 3% fixed fee on token utility and retaining the transparency of exchange at better rates, the protocol aims to bridge various crypto blockchains in the market.
Yes, such a reason is a critical Red Flag for investors, yet on the other hand, it is being featured by numerous noteworthy media platforms. Again, the latter is simply the effect of SSW marketing itself along with other popular cryptos like DOGE, XLM, etc. SSW capitalization is set at 990,000,000, and the project is presently in its Q3 pre-sale phase. 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.
No liquidity – It is important to ascertain if a new cryptocurrency has liquidity locked. Seesaw Protocol uses a portion of the transaction fee attached to each purchase and sale to constantly add to its liquidity. Each purchase on Seesaw Protocol is subject to a 3% fee, and each sale is subject to a 5% fee.
You will be able to withdraw the purchased Seesaw Tokens on a BEP-20 Compatible wallet. An anonymous team is responsible for creating the SeeSaw Protocol, which is alleged to be based in Switzerland. As mentioned above, the SSW Protocol didn’t have a Whitepaper initially, but it was promised and released soon after. However, certain statements within it still do not help to ease some sharp concerns regarding its actuality of existence/utility. From the initial $0.005 price per coin during January, the current price stands at approximately $0.132.
Since the original publication of this article, the team has unveiled a whitepaper, which investors should thoroughly scrutinise. Tezos has similarities with Ethereum in that its blockchain is based on smart contracts. Where it differs is in the creators’ claims that it could offer a more advanced and more adaptable infrastructure.
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Also, for each Seesaw token sold, there will be a 5% fee automatically paired with BNB and totaled as a liquidity pair on PancakeSwap. PancakeSwap is one of the world’s biggest leading cryptocurrency exchanges. Set base price for the SSW tokens was $0.005 with a 3% buy tax for allowing the above-mentioned cryptocurrency purchases. The constituents of buy tax include 1% for token distribution, 1% for LP acquisition, and 1% for marketing tax.
PancakeSwap is built on an automated market maker system which relies on user-funded liquidity pools and that is why it can work perfectly without a traditional order book from centralised exchanges. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. Any third-party hyperlinks and banners don’t constitute an endorsement, guarantee, endorsement, warranty, or recommendation by BeInCrypto. Do Your Own Research before using any third-party services or considering any financial action. As the market has been quite unpredictable over the last months, Seesaw Protocol has shown growth, and there is a bright future for this cryptocurrency.
There is currently no other market on the planet that generates as many millionaires as the cryptocurrency market. Individuals have won and lost substantial sums of money as a result of the market’s wild swings. Certain cryptocurrencies, such as Dogecoin and Shiba Inu , have even resulted in the creation of a few billionaires as a result of their meteoric rises. 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. It will first deploy on the Binance Smart Chain before extending to the Polygon Network and, finally, the Ethereum Network.
From $0.005 to its current valuation of $0.11, SSW has already risen by more than 2000%. One goal driving the project is to revolutionise education while creating a marketplace to promote education and cryptocurrencies to children around the world, while also ensuring financial and technological literacy. Basically, preparing children for the future of money and education.
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Seesaw Protocol has a variety of services it provides for users who would like to have access to the trustless, decentralised range of services the blockchain has to offer. Seesaw Protocol is a decentralised ecosystem made up of multi-chain DeFi products, protocols, and use cases. As a multi-chain protocol, Seesaw has plans not just to be deployed on BNB Smart Chain, Polygon, and Ethereum platforms. The suspicion of SSW as the next 10,000x began making the rounds when in February, despite the crypto coin market crash, both Bitcoin and Ethereum plunged 10%, and SSW kept rising. Another canine-themed coin, called Akita Inu , has seen a similar boom to bust, over the past few months, falling over 80% since its all-time high in late October 2021.
AVAX is trading at $76.85, almost half of its all-time high of $146.96, a price reached in November 2021. After starting the month on a positive note with a growth of 20.7%, circumstances soon switched for Cardano who dipped 21.2% in the past seven days. The lock of $1 million in liquidity, alongside the vesting of SSW tokens for two weeks, allows the project to protect the liquidity of the token as well as the legitimacy of the project. While those established cryptos remain highly influential, sometimes there are new cryptocurrencies that manage to break through and make an impact that hasn’t been seen in a long time, one such crypto is Seesaw Protocol . Aave has partnered with numerous exchanges and wallets to provide liquidity to the market.
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Both exchanges have their own fee policies and other features that we will go through in detail. It is recommended that you try both of them and figure out the one that suits you best. The new tokenomics includes a twin token system where VET is used as a governance and staking coin while VeThor is used as a Gas token.
Dzengi Сom сlosed joint stock companyis a cryptoplatform operator and carries out activities using tokens. Many new projects are made and backed by anonymous creators, in the style of the pseudonymous Bitcoin founder Satoshi Nakamoto. Seesaw Protocol is one of these new cryptocurrencies, and its creators are yet to be named. Suffice it to say, after a series of recent high-profile crypto scams, this anonymity has been enough for some to label SSW a scam.
This benefits holders, as the 3% is redistributed amongst existing holders of SSW. On PancakeSwap, the 5% sell fee is added as a liquidity pair alongside Binance Coin . Seesaw Protocol shows that it believes in the crypto world’s future, as they will donate 1% of its marketing funds to international educational institutions. Another great feature of the decentralized crypto is that it aims to be a multi-channel DeFi platform, which allows its investors to bridge between Ethereum , Polygon and Binance . In this article we will walk you through in details two of the most commonly-used fiat-to-crypto exchanges, Uphold.com and Coinbase.
There is some FUD concerning Seesaw Protocol, but despite this, it is a far cry from a real crypto scam. Squid Game is possibly the biggest example of a recent scam or ‘rug pull’. Seesaw protocol multi-chain feature allows the token to be swappable between multiple chains with almost 0% commission.