/biz/ - Business & Finance

>>27842591
RBC and SAKE is the perfect combo. Rubic stays cubic while sake is cute and curvy

this pump is going over 0,24
team delivers, read the roadmap. next month u can order a sake for a dollar

>>27694918
Next Bao is SakeSwap

got in at 0,085

>>27552027
The under priced SAKE chart looks better and so does the product. BAO is cute too but the hype is over for now

Ticker: SAKE (SakeToken)
Marketcap at time of writing: $3m
Supply: 73,532,312 / 124,299,681
Token Contract: 0x066798d9ef0833ccc719076dab77199ecbd178b0


What is Sake
Sake was launched in the summer of 2020 as a direct compatitior to Sushiswap.

The hype died out fast and sushi swap cam out on top as you can see from the coin ranking.
Sake didn't stop building though and it is fully functional at the moment and is integrated
with most Dex aggregators such as 1inch.
Major Catlayst for Sake:
Sake will release a major updates in the coming days. These updates include:

1-ILO (initial liquidity offerings). Similar to current launchpads where project can have their token sale on Sake.
All intial liquidty offerings are execlusive for sake holders.

2-Expanding to Polkadot eco-system instead of staying on Ethereum only.

3- Creation of a development fund to sustain the progress of the project.

4- Updated tokenomics and reward models.
There is a 0.3% fee on each SakeSwap transaction. 0.25% is rewarded to market makers,
0.045% is used to buyback and burn SAKE, and the remaining 0.005% will be distributed to the LockBar.
(The SakeBar will be removed. The LockBar will distribute every 12-month.)

All details about the update can be found here:
https://sakeswap.medium.com/call-for-community-advice-sakeswap-strategic-upgrade-6cf38dfd687d

I don't knw how long it will take for SAKE to pull a sudden 10X, but I assure you that it's coming.
As always $DYOR!

Website: https://sakeswap.finance/#/swap
Coingecko: https://www.coingecko.com/en/coins/sake-token