Angelo Vertti, 31 de maio de 2021

This also enables Seesaw Protocol to offer holders more affordable and faster transactions by utilising the most efficient blockchain at the optimal time (depending on congestion) to find the quickest and cheapest transaction. The memecoin has seen multiple big percentage crashes but remains as one of the top-20 cryptocurrencies by market cap today. Additionally, it appears the team behind Seesaw Protocol wants to involve the community as much as possible.

• Seesaw Protocol is a cryptocurrency wich bridges multiple blockchains or ecosystems, and in doing so enables holders to send and receive value across multiple blockchains.
• As a result, the fees skyrocketed as the network was getting clogged.
• Ethereum (ETH) is one of the main crypto coins that has gained from the premature publication of Biden’s orders and also from the Goldman Sachs announcement saying that clients can now get funds in ETH through Galaxy Digital.
• Another great feature of the decentralized crypto is that it aims to be a multi-channel DeFi platform, which allows its investors to bridge between Ethereum (ETH), Polygon (MATIC) and Binance (BNB).
• Seesaw Protocol (SSW) is the crypto that everyone is talking about because it has had almost a 2250% increase in value since it began in mid-January 2022.
• In simple terms, this means that the audit of Seesaw Protocol (SSW) is likely to be completed after its launch or once the pre-sales have ended when the transactions come into fruition.

Multi-chain SwapSeesaw Token can be swappable between multiple chains with almost 0% commission. Polkadot has seen encouraging growth since onboarding the first parachains in December. With over $800 million invested in the platform, it is already the thirteenth most popular DeFi ecosystem. As more parachains are integrated and Polkadot’s ecosystem continues to expand, more people should adopt platform-based products. As a result, demand for the DOT token – Polkadot’s native cryptocurrency – will increase, pushing its price higher.

In a world where cryptocurrencies move at a breakneck pace, investing early can result in massive profits on a small initial investment. seesaw protocol offers the best current potential for exponential growth in 2022. Polkadot began auctioning parachain slots to developers in November.

Cointelegraph is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release. Seesaw Protocol (SSW) is available to purchase now; the first stage of presale ends on February 25, 2022, in which a second stage will shortly commence. Sales are up until the 3rd and last presale, which is expected to take place on April 8, 2022. This is because cryptocurrency holdings are taxed in the same way as any other assets you own, such as stocks and property. Seesaw Protocol (SSW) is the crypto that everyone is talking about because it has had almost a 2250% increase in value since it began in mid-January 2022.

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Investors, still reeling from what had happened to Luna and UST, began selling cryptocurrencies they deemed vulnerable to the fates of Luna and UST, resulting in the start of an aggressive price drop for Seesaw. Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology. NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

Investors are re-joying at the news that has resulted in the market taking a positive “green” trajectory with cryptos like Bitcoin (BTC), Ethereum (ETH), and BNB (BNB) surging in both demand and price, managing to make high profits. Seesaw Protocol’s presale price has already increased from $0.005 to $0.016, meaning that holders have already profited by 300%, in under 2 weeks. Due to the fact that holders are unable to sell during the presale, the price can only continue to rise until launch.

Competitive landscape of SeeSaw Protocol

Seesaw Finance is a multi-chain, decentralized, non-custodial ecosystem of products, protocols, and use cases. Seesaw Token will be deployed to Binance Smart Chain, Polygon and Ethereum. In April, when the protocol was being offered in presale, there was a lot of optimism that the project would continue its growth throughout the year. Naturally, many investors were willing to pay a king’s ransom to get their hands on the project.

• Like with all new ideas, anecdotes of scams and uncertainty follow.
• These built-in rewards (based on fees and referrals) keep wallets growing.
• However, for a project that has lost 99 per cent of its value in the past few months, the recovery to its previous level is close to zero.
• Seesaw Protocol’s presale has just begun, offering buyers an excellent opportunity to get in early.

Polkadot is designed as a highly scalable smart contract platform comprised of an ecosystem of interoperable blockchains in an attempt to improve upon Ethereum. Seesaw Protocol (SSW) shows that it believes in the crypto world’s future, as they will donate 1% of its marketing funds to international educational institutions. Another great feature of the decentralized crypto is that it aims to be a multi-channel DeFi platform, which allows its investors to bridge between Ethereum (ETH), Polygon (MATIC) and Binance (BNB).

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Like with all new ideas, anecdotes of scams and uncertainty follow. Unless you have truly endowed your time into gaining knowledge of the mechanisms of cryptocurrency, it is likely you will always have doubts. If the price surge of over 640% in the first stage of its presale is anything to go by, then it is innocuous to adopt the notion that Seesaw Protocol (SSW) is profitable. Cryptocurrency has long been a topic of discussion as to whether the digital payment system can be trusted. From the absence of mainstream, centralized banks to the creation of such a currency using the process of mining, there is a lot left to be understood by investors and the public alike.

SSW’s main objective is to enrich your crypto experience through the promise of a fixed low fee of 3%, better rates, and absolute transparency. A utility cryptocurrency simply means that these coins and tokens proposition the right to procure a product or service. According to the official whitepaper, the project is currently being onboarded for audit by CertiK. However, at the time of this writing, the audit itself hasn’t been completed, which means that there’s no official security assessment of the Seesaw Protocol. Initially, the token will be launched on PancakeSwap with a 3% purchase fee and a 5% sale fee. Some of these fees will be redistributed to existing SSW holders providing them with a way to earn passively on their holdings.

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The revolutionary crypto has a very powerful vision and arguably, this could be a big part of the crypto’s early success. It aims to educate and invest in the younger generation, in order to teach them how to use the Metaverse’s up-and-coming technology. However, for a project that has lost 99 per cent of its value in the past few months, the recovery to its previous level is close to zero. Therefore, my long-term outlook for the Seesaw protocol is a continued trade to the downside. Ethereum (ETH) is one of the main crypto coins that has gained from the premature publication of Biden’s orders and also from the Goldman Sachs announcement saying that clients can now get funds in ETH through Galaxy Digital. Today SOL, Solana’s native token, is worth $88 USD after its value rose by 15% in the last two weeks.

Financial market and cryptocurrency trading and investing carry a high degree of risk, and losses can exceed deposits. Any opinions, news, research, analysis, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. It should enable blockchains to take advantage of the most efficient blockchain during the optimal time, depending on network congestion, and, therefore, find the quickest and the cheapest transactions. Perhaps one of the most important accomplishments throughout the industry that we saw is the broader acceptance of various networks. The boom of DeFi summer in 2020 showed that Ethereum, in its current shape and form, is quite unable to handle the massive load of users. As a result, the fees skyrocketed as the network was getting clogged.

Any terms and conditions entered into by contributors in respect of the acquisition of Tokens are between them and the issuer of the Token and ICOholder is not the seller of such Tokens. ICOholder has no legal responsibility for any representations made by third parties in respect of any Token sale and any claim for breach of contract must also be made directly against the Token issuing entity listed herein. Presale stages are when the native utility token, SSW, is sold on the platforms at a lower price than the one it will be offered on the market, meaning that you get more for what you invest in. The greatest benefit of a presale stage is that the value of the crypto can only climb, never fall. It’s also important to have a look at the tokenomics of SSW – the native cryptocurrency of the Seesaw Protocol ecosystem.

With this being the first presale phase, and if the current rate of buying continues, it stands to reason that early buyers have a chance of seeing 10x returns on their money before SSW’s launch in April. When the presale ended and the token launched on PancakeSwap on April 8, the price rose a large amount. The tokens bought in the presale were vested for two weeks to sustain platform liquidity. Seesaw Protocol is a multichain, noncustodial ecosystem of DeFi products and services running on the BNB Chain, with future plans to run on Ethereum and Polygon as well. Users will be able to use SSW to connect between the three blockchains to find the quickest and most reliable network at any given time. Fast forward to May, and the entire cryptocurrency industry started to aggressively move downwards.

If the project can attract investors back, then it should recover from this devastating crash. Seesaw Finance provides a full list of the services needed for users, who would like to manage crypto assets on the most popular blockchains and p2p exchanging services in a decentralized and open way. In today’s trading session, the Seesaw project is up by 9 per cent. The project has also been aggressively bullish throughout the week.

The process is far from complete – only five parachains have been connected to the relay chain, though that number will increase to 11 by March 11, 2022 – but Polkadot intends to support 100 parachains in due course. At that point, the network’s throughput could exceed one million transactions per second (TPS), with each transaction taking less than 60 seconds to complete. By comparison, Ethereum currently supports 14 TPS, and transactions frequently take up to six minutes to complete. Now that Seesaw Protocol is listed on PancakeSwap, it can be traded like every other token. During the next few months, Seesaw Protocol may cement itself as an established DeFi cryptocurrency.

Pre-sale tokens will be available to purchase in
three stages over 2.5 months. The reason is simple and if you have any smart device, taking part is easy-breezy. In terms of its roadmap, the project has a planned pre-sale for the first quarter of 2022 and the subsequent launch on PancakeSwap in the second quarter.