StakeMoon Finally Gets Launched On PancakeSwap !

StakeMoon, a new and creative digital cryptocurrency project, has finally been launched on the PancakeSwap decentralised exchange (DEX), following a successful pre-sale that raised over $500,000 and attracted over 400 investors.

This is a significant step forward for the StakeMoon coin, which is still in its early stages but is making ripples in the crypto industry. The PancakeSwap’s StakeMoon listing allows users to buy, sell, and trade hundreds of decentralised finance (DeFi) currencies without the intervention of a third party, putting StakeMoon’s value in the hands of market forces. StakeMoon currency’s market value will rise as interest in the coin grows.

StakeMoon is a self-staking and liquidity-creating system built on the Binance Smart Chain. To deter day traders and market speculators from purchasing and selling the StakeMoon token as part of a short-term investment strategy, transactions with this token 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.

Source: AMBCrypto

StakeMoon’s listing on PancakeSwap was a natural next step after its pre-sale success. PancakeSwap is a type of DEX known as an automated market maker (AMM), which means there are no order books, bid/ask the system, or limit/market orders. It has the most users of any decentralised platform.

Instead, customers who trade on the platform pull liquidity from one or more liquidity pools automatically. PancakeSwap also offers a one-of-a-kind trading experience, with incredibly low transaction costs and quick confirmation times for fast and secure trade.

“PancakeSwap was the obvious choice for StakeMoon’s initial exchange listing,” shared Scott Ryder, CEO of StakeMoon. “We are excited to be progressing into the next phase of our road map and successfully launching on PancakeSwap.

If we continue on our current path, we will see significant progress in 2022, including a Bitmart listing, Bitmart staking, and StakeMoon’s own staking platform.”

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 token holders. There is no minimum redemption term for StakeMoon tokens. Instead, “stakers” have the option of withdrawing their StakeMoon at any time.

About StakeMoon

STAKEMOON is a decentralised platform that encourages a long-term goal – to reward token holders who retain their tokens for a long time. This goal, according to the STAKEMOON team, can be accomplished in two ways.

To begin, all STAKEMOON transactions are subject to a 15% tax rate. In a nutshell, the goal is to discourage day traders and market speculators from using the STAKEMOON token to make short-term investments. A total of 10% of this amount is dispersed to existing token holders, with the remaining 5% going to the STAKEMOON liquidity pool.

Second, the STAKEMOON team believes that staking has long-term benefits. Simply said, people that contribute their tokens to the STAKEMOON system will be rewarded. This is due to the fact that the STAKEMOON tokens in question are used to confirm blockchain transactions, and as a result, fees paid by the sender are divided equitably to individuals participating in the staking programme.

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