Seesaw Protocol SSW Connecting BNB Chain, Polygon, and Ethereum
Shiba Inu is a good example of a cryptocurrency that has experienced several huge crashes and is still going on strong. DeFi represents a very unique opportunity as it seeks to eliminate middlemen and the barriers surrounding traditional banks and other financial institutions. Many retail customers do not have access to loans and other products due to the high entry barriers in banks.
It offers up to 89,100,000 SW for sale while the final pre-sale phase will offer up to 29,700,000 SSW for sale. Parallelly, the utility cryptocurrencies that currently exist are https://xcritical.com/ 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.
Is a global cryptocurrency exchange platform that allows you to trade crypto and other assets. Say, it helps for making wide platform cross-blockchain NFT transactions easier besides allowing holders to swap them for any other mentioned tokens at any point. The latter seesaw protocol audit aspect eliminates the need for owning more than one type of crypto wallet as well as prevents maintaining them separately. Typically, performing transactions on other blockchains with a different cryptocurrency requires using a cryptocurrency exchange platform.
Join 10 Million Users Who Love Seesaw
Anyone can purchase the SSW tokens from their pre-sale phase, after which they will be available from Uni Swap and Pancake Swap platforms. Allegedly based in Switzerland, the SSW protocol can revolutionize the crypto market in multiple ways, starting with unifying it exclusively. With such strong positives, investors would naturally want to bank on the opportunity of acquiring them, raising their value all the more. While the SSW, a fully decentralized multi DeFi platform, presents such scope, it’s also worth noting that SSW cryptos cannot be mined. Hence, it’s focused on benefitting the proprietors of cryptos without creating grounds for questioning its stability or environmental concerns. Some crypto investors have pointed out a few concerns about the protocol.
Is a global cryptocurrency exchange platform that currently does not operate in the US, still you are welcome to browse and find out more. Seesaw Protocol aspires to be a cryptocurrency designed to bridge multiple blockchains, solving an important interoperability problem within the emerging field. Its creators claim that SSW is going to bridge the Binance Smart Chain with Ethereum and Polygon . The Seesaw token is the utility token of the Seesaw protocol ecosystem. 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. It makes rounds in tweets about cryptocurrencies with many claims, labelling it the new Shiba Inu.
What is Seesaw Protocol?
SSW can allow stockholders to gain profits in multiple ways via re-distribution of fees per transaction and referrals. The initial month of presale completion raised its value by over 2500% with greater ascend expected after Q3. About this statement that certik audit may not be completed before launch. Seesaw Protocol has confirmed on their official telegram group that they have ordered an audit by Certik. Seesaw integrates with popular LMS and SIS platforms to build upon what you’re already doing. Digital signs (hereinafter referred to as “tokens”) are not legal tender and are not required to be accepted as a means of payment.
Shiba Inu tokens sent to inactive wallets are removed from circulation, contributing to a supply shortage. Burn events, which have a positive impact on Shiba Inu prices, have been supported by the community. The buzz surrounding Seesaw Protocol that contributed towards its skyrocketing presale price has been attributed to its revolutionary goals. Financial market and cryptocurrency trading and investing carry a high degree of risk, and losses can exceed deposits.
Seesaw Protocol (SSW) — Connecting BNB Chain, Polygon, and Ethereum
In this article we will walk you through in details two of the most commonly-used fiat-to-crypto exchanges, Uphold.com and Coinbase. 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. VeThor is generated for free and in proportion to the number of Vechain tokens a user holds at any time. Binance – Buy over 350 tokens in seconds with fees as low as 0% 0% FEES Spot, futures, options, NFTs, savings, staking, and Binance Card.
As for now, how the tokens will behave in the future, only time will tell. On the bright side, their current market price makes them an ideal entry point into the crypto market. Just remember to do your research before investing in any crypto project. The fact that the project is backed by an anonymous team is also concerning to some people. Bitcoin continues to dominate the crypto market, yet its creator, Satoshi Nakamoto’s true identity, is yet to be known to date.
Cross-chain technology is known as a new concept aimed at transferring value and information between different blockchain networks. Besides, SWW plans to take its place on the popular DEX platform UniSwap between July and September. The fact that the project strictly complies with the timeline and development goals is considered by many investors as an important indicator of confidence. Seesaw Finance provides a full list of the services needed for users, who would like to manage crypto assets on the most popular blockchains and p2p exchanging services in a decentralized and open way.
- Seesaw Token deployed to Binance Smart Chain and will also be deployed on Polygon and Ethereum.
- A sample of transactions in the wallet will be promised back to the auxiliary credentials.
- Is a global cryptocurrency exchange platform that currently does not operate in the US, still you are welcome to browse and find out more.
- Add any configuration definitions for the new modules in include/SeesawConfig.h and add any used pins to the CONFIG_GPIO_MASK definition.
- The SSW tokens are available via the pre-sale phase until April and you can get them here.
Conduct your own due diligence before deciding to use any info listed at this page. You will be able to withdraw the purchased Seesaw Tokens on a BEP-20 Compatible wallet.
Is the Seesaw protocol a good investment?
A sample of transactions in the wallet will be promised back to the auxiliary credentials. In simple terms, this means that the audit of Seesaw Protocol is likely to be completed after its launch or once the pre-sales have ended when the transactions come into fruition. Like with all new ideas, anecdotes of scams and uncertainty follow. Unless you have truly endowed your time into gaining knowledge of the mechanisms of cryptocurrency, it is likely you will always have doubts. Think of it as the standard currency exchange; the stronger your currency exchange rate, the cheaper your imports. SSW’s main objective is to enrich your crypto experience through the promise of a fixed low fee of 3%, better rates, and absolute transparency.
Is Seesaw Protocol (SSW) a Scam? How to Avoid Cryptocurrency ‘Rug Pulls’ – Coinspeaker
Is Seesaw Protocol (SSW) a Scam? How to Avoid Cryptocurrency ‘Rug Pulls’.
Posted: Thu, 10 Feb 2022 08:00:00 GMT [source]
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 Seesaw Protocol. It should enable blockchains to take advantage of the most efficient blockchain during the optimal time, depending on network congestion, and, therefore, find the quickest and the cheapest transactions.
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. SeeSaw Protocol was accepting pre-sale money, despite offering no proof of concept or whitepaper. Since the original publication of this article, the team has unveiled a whitepaper, which investors should thoroughly scrutinise.
Naturally, the DEX platforms demand a crypto conversion or exchange fee which can cost astronomically for transactions of higher value. It appears that MetaMask has now blocked SSW website with a warning message. This is a very interesting situation I invested 100 back at the early stages of stage 1 so not a big deal to me. I was more impressed with their marketing strategy and how they were able to come to market without a white paper. If that certik audit isn’t completed when the presale is over and the SSW team hasn’t attempted to be transparent with the initial certik report I would assume everyone will try to swap out of it day one. On April 8th 2022, SSW launched on Pancake Swap after being locked in presale for three months.
Great Instruction Happens on Seesaw
A reader claiming to be an early-stage investor, who wanted to remain anonymous, shared the below email with Currency.com from an individual called Lawrence Harte, whose identity could not be confirmed. After deliberating, SeeSaw confirmed that the email was legitimate. While not necessarily wrong, the tactic can be misleading, with SeeSaw potentially riding on the coattails of these better-known projects. After scrutiny of the scant information made available, Currency.com has been unable to determine how the anonymous development team plans to deliver a working protocol. From the absence of mainstream, centralized banks to the creation of such a currency using the process of mining, there is a lot left to be understood by investors and the public alike. In 2021, this led to a massive trend where other layer-one protocols skyrocketed in both value and popularity.
The Seesaw token can be swappable between multiple chains with almost 0% commission. While it is fair to not predict its success pending its public release, its importance cannot be overlooked based on the failures of other newly launched tokens. He works closely with people and businesses in the crypto sphere, writing blog posts, guides, press releases, reviews and ebooks.
The main reason is that 2.41 million SHIB tokens were burned recently and sent to inferno wallets. A utility cryptocurrency simply means that these coins and tokens proposition the right to procure a product or service. The memecoin has seen multiple big percentage crashes but remains as one of the top-20 cryptocurrencies by market cap today. When the vested tokens were airdropped to users, people began to take profits rightly, and the price tanked. Now that the dust has settled, it looks like support for SSW is beginning to pick up traction again. The project team is considering cross-chain distribution in the 3rd Quarter of 2022, as stated in the Road Map.
Any opinions, news, research, analysis, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. The SSW Tokens channels multiple blockchains and facilitate delivering value to their proprietors at preeminent rates like standard currency exchange. 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. Add any configuration definitions for the new modules in include/SeesawConfig.h and add any used pins to the CONFIG_GPIO_MASK definition.
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. As a result, the fees skyrocketed as the network was getting clogged. 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.