Crypto
SakeSwap
SAKE
SakeSwap
0.001043
0%
≈0.001043
Circ/Total Supply
73697603/136278605
54.1%
Volume/24h%
0.486038
0%
#--
24h Turnover
0%
Sake SakeSwap is a fork of Uniswap and Sushiswap, but with key improvements. SakeSwap aims to improve the design of the AMM mechanism in terms of price curves and rewards for contributors. SAKE tokens have two functions -- SAKE holders enjoy governance rights and can pay part of the cost of the agreement. At the same time, SakeSwap has a deflationary nature and maintains token prices structurally.
The sake token has two functions, namely giving the sake holder governance rights and paying a portion of the fee to the agreement. Ultimately, sake holders will own the agreement. SAKE tokens empower liquidity providers and traders to continue to benefit from protocol development, meaning that early adopters will become important stakeholders for SakeSwap. SakeSwap, meanwhile, deals with deflationary token economics, supporting token prices from a structural point of view.
8 September 2020
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