When the presale ended and the token launched on PancakeSwap on April 8, the price rose a large amount. The tokens bought in the presale were vested for two weeks to sustain platform liquidity. Additionally, it appears the team behind Seesaw Protocol wants to involve the community as much as possible. Long-term tokenholders are rewarded with extra SSW tokens via a regular airdrop feature.
Seesaw, which has attributes that appeal to investors worldwide, has the potential to yield big returns for those who are able to jump on board early enough. However, Seesaw Protocol (SSW) is not a passing fad, as it has an ambitious vision that will see it added to numerous exchanges as it seeks to be a true multi-bridge cryptocurrency. SSW will be introduced on the Ethereum, Polygon, and Binance Smart Chains, allowing holders to transfer value rapidly and cheaply between the three mainstream networks.
The analysis / stats on CoinCheckup.com are for informational purposes and should not be considered investment advice. Statements and financial information on CoinCheckup.com should not be construed as an endorsement or recommendation to buy, sell or hold. Because the protocols outlined behind the blockchain network are very technical and nearly hard to tamper with, this offers greater security with no worry of tampering or hacking in between. These ledgers are comparable to traditional ledgers in that they are not just electronic, but everyone who possesses one can be a bookkeeper.
In this essay, we will strive to address every question, from the perspective of a novice to that of a seasoned investor. In the few years since FIL launched at $4.58, it has seen huge rises, up to its current all-time high of $237. 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. While the market was first hesitant to engage in the brand and accept its presence, we are now witnessing increased investments in the name, as well as large names joining the train. An innovative idea with an eye on sustainability and preventing waste, FIL allows users to make their spare storage space available for usage by others.
This is because cryptocurrency holdings are taxed in the same way as any other assets you own, such as stocks and property. What seems like a fatal dip one day can prove to have been a huge missed opportunity to buy the dip in no time at all. Considering that 24 hours can seem like an age, a year can be life-changing. Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB) rose by 100%, 500%, and over 1000% in 2021 respectively. In spite of attaining a groundbreaking pre sales where SSW token soared by 8,000%, Seesaw protocol (SSW) was constantly being doubted and every time the project has kicked back to the doubters hard.
Holders of the tokens can use them to connect between the three blockchains to find the quickest and most reliable network at any given time. In addition, owning and keeping the Seesaw token may result in benefits. Those what is seesaw protocol 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.
Seesaw Protocol, and its native token SSW, will enable its users to carry out cross-chain swaps from network to network. This invaluable service could be game-changing and allow users to find the network that offers the fastest and most cost-efficient service. With regards to NFTs and by extension, the broader Metaverse, the utility offered by SSW make it a very attractive prospect. There are multiple real-world applications for Seesaw Protocol, including providing a bridge between blockchains and uses for and in the Metaverse. SSW aims to help provide educational resources in the Metaverse, making learning more accessible, more diverse, and more fun. This is clearly attracting investors, as SSW is rising at a rate of around 10% a day, and some analysts have predicted it will explode by more than 7000% by the conclusion of the presale.
- The low fees, democratic platform offers incentives and rewards that make it even more appealing to new investors.
- The Seesaw token can be swappable between multiple chains with almost 0% commission.
- At the last time we checked, its value is up more than 578% since the presale first launched.
- This will provide access to the next presale round, which will finish a month later on March 25th, 2022 with 89,100,000.
- Considering that 24 hours can seem like an age, a year can be life-changing.
It’s also important to have a look at the tokenomics of SSW – the native cryptocurrency of the Seesaw Protocol ecosystem. The first phase of its pre-sale ends on February 25th, and the expected tokens to sell are 178,200,000. During the second phase, there will be 89,000,000 SSW tokens to sell, and during the last phase – 29,7000,000. During Q2, the team should also roll out the Seesaw multi-chain bridge and swap function and the cross-chain deployment for Ethereum and Polygon in the third quarter. 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.
Each SSW buy is subject to a 3% fee, and each sale is subject to a 5% fee. This is beneficial to holders because the fees are dispersed among existing SSW holders, thus the longer you hold, the more tokens you’ll have. Seesaw Protocol (SSW) will be listed on multiple exchanges, such as PancakeSwap and Uniswap.
Waves’ native token is WAVES, which has an unlimited supply and is utilized for regular payments such as block rewards and transaction fees. Waves is a multi-purpose blockchain platform that may be used for a variety of applications, including decentralized apps (DApps) and smart contracts, among others. 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.
The Seesaw Protocol can help holders find the best cross-chain transfers at the lowest prices. The work may appear intimidating and increasingly complicated to the curious and those interested in the bitcoin industry. But don’t worry, readers will learn what cryptocurrencies are and how to invest in existing or current tokens such as SeeSaw Protocol in this post (SSW).
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. 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 of the https://www.xcritical.in/. The Seesaw token can be swappable between multiple chains with almost 0% commission.
The Seesaw Protocol (SSW) is not yet available to the general public. The Seesaw Protocol has just been released and is currently in the presale stage. Its success is speculative because it is a newcomer to the bitcoin business. However, the Seesaw Protocol has provided several amazing characteristics that may result in a profitable venture for many investors.