What is Sakeswap Coin (Smaks Coin)
Sakeswap Coin, according to cryptobriefing news, can be used on Sakeswap as a me
Sakeswap Coin, according to cryptobriefing news, can be used on Sakeswap as a medium of exchange for liquidity pool transactions. Sake is a decentralized cryptocurrency that allows users to freely exchange, swap, and provide funds from one exchange to another network.
The total supply of SAKE is 100 million coins, of which 90% are locked in a treasury and 10% are allocated to the team and advisors. The Sake protocol was founded by David Burkett, a former Kakao blockchain developer, and is primarily used to develop secure solutions based on smart contracts, such as sak, dICE (DICE), sak, ec.token, etc.
Smaks Coin
According to official announcements, Smaks Coin has officially launched today. Users can earn Smags tokens rewards (a total of 1000) by staking SMak tokens.
It is reported that Sbaks is a decentralized community governance token designed to give holders decision-making power, voting rights, and value creation in the project. By combining the token with the protocol, it enables the shared interests and mutual development of multiple participants. The token also has a unique mining mechanism that helps developers reduce transaction costs and increase profits, and also serves as a deduction fee for buyback and burn.
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