StakeMoon coin or token is ready for lift-off as the creators announce its listing on the PancakeSwap decentralized exchange (DEX) today. StakeMoon coin has been making waves in the crypto space over the last few months with both a promising soft launch and a successful pre-sale period, raising more than $500,000. With the PancakeSwap listing, StakeMoon 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 the StakeMoon coin will therefore be dictated by market forces.
Having the most users of any decentralized platform is what gives PancakeSwap its name. 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. Those pools are filled with other users’ funds, which they deposit into the pool, receiving liquidity provider (or LP) tokens in return. They can use those tokens to reclaim their share, plus a portion of the trading fees.
“PancakeSwap offers unique benefits to make for an excellent trading experience, which is what made it the obvious choice for StakeMoon’s initial exchange listing,” shared Scott Ryder, CEO. “What we liked the most was that PancakeSwap has extremely low transaction fees and rapid confirmation times for quick and safe trading.”
StakeMoon is a Binance Smart Chain-based autonomous staking and liquidity-creating technology. The new and innovative digital currency project strives to reward long-term token holders in two key manners. This consists of 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 coins 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.