PancakeSwap decentralized exchange (DEX) will list StakeMoon on November 19th at 1400 UK time – an innovative new cryptocurrency project that raised more than $500k in a successful pre-sale today. Using the PancakeSwap listing at StakeMoon, a marketplace has been created for buyers and sellers. With the help of this DEX, users will be able to buy, sell, and trade hundreds of decentralized finance (DeFi) currencies without relying on third parties. Consequently, StakeMoon’s price will be determined by market forces.
The PancakeSwap platform is currently entrusted with over $14 billion in funds by its users, making it the most popular decentralized platform of all time. The PancakeSwap exchange is not like most DEXs as it is an automated market maker (AMM), which means it does not have order books, bids, or offers as most DEXs do. In place of individual liquidity pools, users can rely on liquidity pools automatically rebalanced after each trade has been closed. PancakeSwap’s excellent trading experience comes with several unique advantages, including extremely low transaction fees and quick confirmation times, in addition to its excellent trading experience.
By using the Binance Smart Chain, StakeMoon allows you to automate the process of staking and creating liquidity in your portfolio. With StakeMoon tokens, there is a 15% tax on all transactions carried out with it to deter day traders and market speculators from buying and selling it as the basis for their short-term cash flow. In addition, StakeMoon allocates 5% of its total value to existing token holders allocated to holders of its liquidity pool, whereas 10% of its total value goes to new token holders.
StakeMoon pays regular dividends to token holders via a taxation policy that penalizes market speculators by penalizing them for trading on the exchange. With this system, token holders can receive regular dividends, as well as flexible stake rewards. In addition, token holders do not have to wait for a minimum redemption period before redeeming their tokens. As an alternative, “stakers” can withdraw their StakeMoon at any time.
“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.” StakeMoon’s CEO Scott Ryder told the media.
Those interested in acquiring the StakeMoon token will not need to fund their accounts with bitcoin to do so. It is also possible to buy tokens in real-time by depositing funds into a bank account or by credit card (Visa/Mastercard). Click here to learn more about StakeMoon tokens and to purchase them for now: https://stakecoins.com
StakeMoon is a Binance Smart Chain-based autonomous staking and liquidity creating technology, launching new and innovative digital cryptocurrency projects.