And we’re looking forward to how all of this pans out come April 8. That is if Seesaw Protocol crypto still exists when the presale comes to a close. But that doesn’t mean there’s only a 10% chance that Seesaw Protocol will succeed. But if it does fail, there’s no guarantee any of the money raised will be recouped by investors. The distribution of Seesaw Protocol crypto tokens will take place at the end of the presale.
- Let’s say just the promise of a multi-chain fully decentralized finance platform were enough to pique your interest.
- It’s got a very active Telegram page with more than 21,000 members.
- And this helps ensure that the developers won’t redeem liquidity pool tokens.
- The fact that the project is backed by an anonymous team is also concerning to some people.
- But as it stands right now, we’re gonna sit this out out.
- As you can see from the presale price chart, Seesaw Protocol crypto has been heading skyward.
He works closely with people and businesses in the crypto sphere, writing blog posts, guides, press releases, reviews and ebooks. The Seesaw protocol is a decentralized, multi-chain, noncustodial ecosystem of Defi products, protocols, and services. Token launch allocation will be determined after presale ends.
Investors have obviously been taking advantage of the program. 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.
The Seesaw Protocol Explained
Then, investors will be able to withdraw their tokens onto a BEP-20 compatible wallet. Let’s say just the promise of a multi-chain fully decentralized finance platform were enough to pique your interest. But the team behind the token does have some lofty goals. The plan, according to the whitepaper, is to launch a multi-chain fully decentralized finance platform. One that grants the ability to swap, leverage and farm crypto on.
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. But that doesn’t mean there isn’t reason to be somewhat skeptical.
Seesaw Protocol Crypto: Is There Reason To Be Wary?
It currently runs on the BNB Chain with plans to also run on the Ethereum and Polygon blockchains. Until that happens, 500%, 1,000% or 50,000% gains in value equal diddly squat. Once distribution of tokens happens though, this could be a big sign that this isn’t a crypto scam. But there is indeed still more reason for apprehension.
Shiba Inu is a good example of a cryptocurrency that has experienced several huge crashes and is still going on strong. Among the many reasons to get this digital currency is the reward incentive types of forex brokers of simply holding them. A regular airdrop feature enables long-term holders of the token to earn extra coins. Needs to review the security of your connection before proceeding.
Is The Seesaw Protocol A Good Investment?
We’d love to build a decentralized exchange where it would be possible to buy any crypto we want with a credit or debit card. One where we could yield farm, stake and swap to our heart’s content. In other words, mere plans do not necessarily equal real world results. The marketing team behind the Seesaw Protocol crypto token has been busy this past month. Since launching in January of this year, the operation’s Twitter feed has quickly amassed a couple thousand followers. It’s got a very active Telegram page with more than 21,000 members.
We’re trying to remain open minded about the Seesaw Protocol crypto token project. But as it stands right now, we’re gonna sit this out out. We really hope it pans out and some of those early investors are rewarded for their trust.
And there’s even a subreddit, Discord server and TikTok pages offering support. He is a graduate of Rutgers University and lives in Colorado with his dogs Dorito and Pretzel. Another aspect of Seesaw Protocol crypto that is a bit of a red flag is the bonus referral program. If you buy some of this token, then rope some friends or family into buying some, you can get up to a 5% bonus. That sounds pretty scheme-y for a token still in the presale stage.
The Seesaw Token
All those gains from the first folks in are nothing more than a hope at this point. On April 8th 2022, SSW launched on Pancake Swap after being locked in presale for three months. On April 14th, the tokens experienced their all-time high price, trading at $0.46.
SSW can be traded and farmed across the Binance Chain, Ethereum, and Polygon blockchains. The tokens have a max supply of 990,000,000 SSW coins. The Seesaw token is the utility token of the Seesaw protocol ecosystem. Furthermore, there is zero mention on the Seesaw Protocol crypto token’s website about burned tokens. And this helps ensure that the developers won’t redeem liquidity pool tokens. Some crypto investors have pointed out a few concerns about the protocol.
Seesaw Protocol Crypto: What Its Actually Powering
While it does offer a much needed solution in the crypto world its huge token price crash is of concern. Launched in January 2022, the protocol is a https://xcritical.com/ fairly new and ambitious blockchain-based project created to bridge multiple blockchains. It is capable of running in all smart-enabled blockchains.
Can Seesaw Protocol (SSW) Match the Success of Solana (SOL) and Shiba Inu (SHIB)? – Analytics Insight
Can Seesaw Protocol (SSW) Match the Success of Solana (SOL) and Shiba Inu (SHIB)?.
Posted: Mon, 11 Apr 2022 07:00:00 GMT [source]
The goal with this is to allow users to swap cross-chain. And in the process, allow folks to find the best speeds and lowest fees to carry out transactions. Considering the high gas fees, slow speeds and security issues of some networks, this project has a lot of upside potential. To be fair, SSW is new, and we can only expect so much as the project behind this cryptocurrency continues to develop. A project like this will take some time to implement and perfect.
The Bottom Line On Seesaw Protocol Crypto
The team behind this token has opted to maintain anonymity. – in this day and age, keeping the creators of a project secret is less common. Jay Jackson is a crypto trader, researcher and freelance writer.
As you can see from the presale price chart, Seesaw Protocol crypto has been heading skyward. At the last time we checked, its value is up more than 578% since the presale first launched. But since this is still in the presale stage, it doesn’t appear there’s any way to exit a position yet.
And the presale is scheduled to go on until April 8, 2022. So there is still lots of time for this project to come to light before it raises some eyebrows. Huge crashes are, however, common in the crypto space.
The claim here is that it will launch on PancakeSwap on the Binance Smart Chain. And it will create a bridge between the Ethereum and Polygon Networks. As for now, how the tokens will behave in the future, only time will tell.