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StakeMoon, a unique and modern digital cryptocurrency project, is now available on the PancakeSwap decentralised exchange (DEX) after its booming pre-sale that raised over $500,000. With StakeMoon now listed on PancakeSwap, crypto-hungry traders now have a top-rated marketplace to buy, sell, and trade heaps of DeFi coins without any third-party intermediaries. As a result, supply and demand market forces will determine the value of StakeMoon.
PancakeSwap uses an Automatic Liquidity Pool system to facilitate trades. Despite being launched as recently as September 2020, PancakeSwap is now home to millions of daily active traders and facilitates billions of dollars worth of liquidity via its decentralized liquidity pools.
Therefore, PancakeSwap was the best option for StakeMoon’s initial exchange listing following a successful pre-sale. With StakeMoon now listed on the PancakeSwap DEX buyers and sellers have a secure and highly liquid marketplace to trade a variety of cryptocurrencies.
Scott Ryder, StakeMoon’s CEO said: “PancakeSwap was the obvious choice for StakeMoon’s initial exchange listing. We are excited to be in the next phase of our road map and successfully launching on PancakeSwap. We trust in the hassle-free interface of PancakeSwap, which is designed to accommodate features such as Swapping, Staking, and Bridging assets.”
Clients trading on PancakeSwap automatically draw liquidity from several automatic liquidity pool systems, which then rebalance after the trade is complete. PancakeSwap also provides cutting-edge features that help to facilitate a great overall trading experience, such as low transaction fees and fast confirmation times for seamless and secure crypto trading.
What is StakeMoon?
StakeMoon is a self-staking and liquidity-creating system built on the Binance Smart Chain (BSC) blockchain. To deter day traders and market speculators from purchasing and selling the StakeMoon token as part of a short-term investment strategy, trades are taxed at a rate of 15%. A total of 10% of this amount is distributed to existing token holders, with the remaining 5% going to the StakeMoon liquidity pool.
StakeMoon aims to reward long-term holders through a taxation scheme that penalises market speculators, resulting in regular dividend payments and adjustable staking benefits for current StakeMoon token holders. There is no minimum redemption period for StakeMoon tokens. Rather, crypto stakers have the option of withdrawing their StakeMoon tokens at any time.
StakeMoon is a decentralised platform (DEX) that’s committed to achieving a long-term goal – to reward token holders who buy and hold tokens for a long time. Built on the Binance Smart Chain (BSC) blockchain, StakeMoon is a self-staking and liquidity-creating technology.