Seesaw Protocol: Solving Interoperability Problems in the Cryptosphere

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.

Ethereum (ETH) was founded in 2014 and has its own native token of the same name, is a decentralised open-source blockchain technology that also functions as an exchange platform for several other cryptocurrency exchanges. Crypto-giants like Bitcoin, Solana, and Ripple trade on the Ethereum Platform (including Seesaw Protocol). Seesaw Protocol aspires to be a cryptocurrency designed to bridge multiple blockchains, solving an important interoperability problem within the emerging field.

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The Seesaw token can be swappable between multiple chains with almost 0% commission. We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies. Seesaw Protocol’s presale has just begun, offering buyers an excellent opportunity to get in early. As Solana’s incredible rise of over 40,000% last year demonstrates, investing early in these types of cryptocurrencies can result in massive returns.

Yeah let that sink in and now think that getting in early might result in fab profits. This article is sponsored content and does not represent the views or opinions of BeInCrypto. While we adhere to the Trust Project guidelines for unbiased and transparent reporting, this content is created by a third party and is intended for promotional purposes. Readers are advised to verify information independently and consult with a professional before making decisions based on this sponsored content.

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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.

• During the second phase, there will be 89,000,000 SSW tokens to sell, and during the last phase – 29,7000,000.
• This is because cryptocurrency holdings are taxed in the same way as any other assets you own, such as stocks and property.
• There are dozens of intriguing blockchain projects, many of which could provide lucrative long-term returns.
• Long-term tokenholders are rewarded with extra SSW tokens via a regular airdrop feature.
• This article is sponsored content and does not represent the views or opinions of BeInCrypto.
• The project has also been aggressively bullish throughout the week.

SSW is a democratic platform aiming to bridge the divisions between three well know platforms – Polygon (MATIC), Ethereum (ETH), and Binance (BNB). It works on a system of rewards where holders can gain profits through various streams and an array of possibilities. These built-in rewards (based on fees and referrals) keep wallets growing. During Q2, the team should also roll out the Seesaw multi-chain bridge and swap function and the cross-chain deployment for Ethereum and Polygon in the third quarter.

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And, with DOT trading at a 66% discount to its all-time high, this digital asset may be poised for a bull run in 2022. 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. SSW is superior to other cryptocurrencies in that it will facilitate transactions between Binance (BNB), Polygon (MATIC), and Ethereum’s Smart Chain (ETH).

Long-term tokenholders are rewarded with extra SSW tokens via a regular airdrop feature. These tokens are made available thanks to a 3% tax fee that takes place on every transaction carried out on the network. The one true example of this is Bitcoin; despite it being a household name in the crypto market, those outside of these markets view any form of cryptocurrency and its bionetworks as a con. Think of it as the standard currency exchange; the stronger your currency exchange rate, the cheaper your imports.

Frequently asked questions about SeeSaw Protocol

A sample of transactions in the wallet will be promised back to the auxiliary credentials. 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. It is also worth noting that the gap concerning Binance Smart Chain, Polygon, as well as Ethereum is anticipated to be connected by SSW in a bid to permit proprietors to allot tokens amongst the three prevalent blockchains. The price of Seesaw in the ICO was $ 0.005 and the token sale ended on Apr 8, 2022. Since then, SSW price decreased 0.06x against US Dollar, decreased 0.11x against Ethereum and decreased 0.09x against Bitcoin. If you have any concerns about the nature, propriety or legality of this token sale or the persons involved in it please contact with detailed information about your concerns.

Token sales listed from persons that ICOholder has no relationship with are shown only to help customers keep track of the activity taking place within the overall token sector. This information is not intended to amount to advice on which you should rely. You must obtain professional or specialist advice or carry out your own due diligence before taking, or refraining from, any action on the basis of the content on our site.

Seesaw price in US Dollar has increased by 0.00% in the last 1 month. SSW is up 0.75% against Ethereum and up 1.37% against Bitcoin in the last 1 month.

The Seesaw Protocol is a fully on-chain liquidity protocol that can be implemented on any smart contract-enabled blockchain. The cryptocurrency industry has faced myriad challenges in the past few months. This has included a cryptocurrency crash, a strong industry-wide bear market, the total collapse of Terra Luna and UST, and a tough economy to invest in the cryptocurrency industry. The combination of all these factors has resulted in most cryptocurrencies losing aggressively in the markets. However, some have taken a heavier hit from the cryptocurrency industry’s bear markets than others, and the Seesaw protocol has been one of them. The U.S. Treasury precipitately published an announcement from a presidential executive order coming from the Biden administration stating the following on cryptocurrency ‘We will support responsible innovation’.

Company profile of SeeSaw Protocol

At the heart of Polkadot is the relay chain, a Proof of Stake (PoS) consensus-based blockchain tasked with orchestrating the entire platform. Numerous programmable blockchains, dubbed parachains, are connected to the relay chain, each of which is capable of supporting decentralised applications (dApps) and decentralised finance (DeFi) services. Certain parachains can even connect to other blockchains, such as Ethereum. When the vested tokens were airdropped to users, people began to take profits rightly, and the price tanked. Now that the dust has settled, it looks like support for SSW is beginning to pick up traction again.

• The combination of all these factors has resulted in most cryptocurrencies losing aggressively in the markets.
• When the vested tokens were airdropped to users, people began to take profits rightly, and the price tanked.
• Crypto-giants like Bitcoin, Solana, and Ripple trade on the Ethereum Platform (including Seesaw Protocol).
• This information is not intended to amount to advice on which you should rely.
• This offer is based on information provided solely by the offeror and other publicly available information.

The first phase of its pre-sale ends on February 25th, and the expected tokens to sell are 178,200,000. During the second phase, there will be 89,000,000 SSW tokens to sell, and during the last phase – 29,7000,000. Seesaw Protocol is a fully on-chain liquidity protocol that can be implemented on any smart contract-enabled blockchain. The Seesaw Protocol is an open-source standard for liquidity pools, which in turn provides an endpoint for automated market-making (buying/selling tokens) against a smart contract.

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. seesaw protocol 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.