StakeMoon Coin Raises $500,000 & Announces Launch on PancakeSwap
StakeMoon, announces its launch 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.
Still in its infancy, PancakeSwap has the most users of any decentralized platform ever created. PancakeSwap is a token built on the Binance Chain BEP-2, which is run by Binance, owner of the world's largest cryptocurrency exchange, processing $27 billion worth of trades a day on average. Ensuring extreme safety, the protocol is audited by leading smart-contract security firm, CertiK.
“PancakeSwap was the obvious choice for StakeMoon’s initial exchange listing,” shared Scott Ryder, CEO of StakeMoon. “Being an automated market maker (AMM), PancakeSwap has no order books, bid/ask system, or limit/market orders. Users on the platform automatically draw liquidity from one or more liquidity pools.”
StakeMoon is a Binance Smart Chain-based autonomous staking and liquidity-creating technology, which 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. 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. 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 https://stakecoins.com/
About StakeMoon
StakeMoon is a Binance Smart Chain-based autonomous staking and liquidity creating technology, launching new and innovative digital cryptocurrency projects.
Website: https://stakecoins.com/ Telegram: https://t.me/StakeMoonOfficial Twitter: https://twitter.com/stakecoins Instagram: https://www.instagram.com/stakemoon/