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/biz/ - Business & Finance

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27612628 No.27612628 [Reply] [Original]

This is where BAO was. Don't miss this.


SakeSwap - competitor to SushiSwap and Polkastarter Announced:

• SakeSwap launches ILO (Liquidity Crowdfunding Platform). After the merger, YFII plays to the community’s strengths and will introduce Polkadot, Near, Conflux, Flow, Heco, BSC and OKChain assets on SakeSwap for initial issuance and liquidity crowdfunding. It will provide quality ground floor assets for YFII’s Vaults.
• SakeSwap Launches Synthetic Asset Trading and Derivatives. Introduces off-chain assets like stocks, commodities and other equities into the Vault and other DFI Money DeFi services.
• The YFII DeFi Fund will be established. SAKE and YFII community users will get more opportunities to participate in quality DeFi projects early and share the dividends of cooperating projects.
Following this merger, DFI Money will participate in SakeSwap’s governance.

Sake was launched in the summer of 2020 as a direct competitor to SushiSwap.
The hype died out fast and SushiSwap came out on top as you can see from the coin ranking.
Sake didn't stop building though. It is fully functional at the moment and integrated with most DEX aggregators such as 1inch.
Major catalyst for Sake:
Sake will release 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 initial liquidity offerings are exclusive for Sake holders.
2-Expanding to Polkadot ecosystem 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.

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

>> No.27612814
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27612814

NOTICE ME, KANPAI!

>> No.27613029

>>27612628
Where can I buy

>> No.27613475
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27613475

>>27613029
1inch is cheapest, add a custom token with address 0x066798d9ef0833ccc719076dab77199ecbd178b0

>> No.27613545

>>27613029

UniSwap or SakeSwap

market cap like 6-7m. buy before CTs start shilling it, this is 100X better than Bao. After merging with YFII (which is on coinbase custody!), this is basically sushiswap + Pols. Easiest 10-20X.

>> No.27613836
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27613836

comfy

>> No.27614695

holding a shitton

wont sell until we reach 40 million mcap

>> No.27614903
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27614903

>>27614695
Post stack fren

>> No.27615025

>>27614903
jealous of that fat ol stack fren
gl

>> No.27616004

>>27614695

Same... Remember BAO and SushiSwap?? I won't be shaken out... will not sell a single token. This is the token that will 20-30X this summer. Will sell like 10% when mcap is 50-60ml. YFII integration means this will be a serious competitor to sushi and pols.

>> No.27616180

>>27616004
what kind of price could we expect over the summer? near sushi numbers of 3-5 dollars would be extremely cool.

>> No.27616327

>>27612628
Bao had a shill force behind it. Those shills are now selling and moving on. This is not Bao.

>> No.27616882

>>27616327
more like, people bought bao because it was extremely cheap and your 100$ could turn into 1000$, and then kept shilling for others to buy it so their initial investment goes higher, oh wait thats just how biz works

>> No.27617434

>>27614903
dont want doxx but over 250k

>> No.27617648
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27617648

>>27616327
>cute af
>novel use case
>shilled on /biz/ since $0.02
>$7.5M mcap, not even listed on CMC yet
Cmon!

>>27617434
Bless you. Were you the original shiller?

>> No.27617765

>>27617648

no but aped in as soon as he shilled

>> No.27617928

also for anyobody that doesnt understand

https://twitter.com/Going4ward/status/1356572188887953409

>> No.27618165
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27618165

I want to but HOLY FUCK what are these gas prices

>> No.27618279

>>27616327
nobody. is fucking selling. BAO is the chosen one

>> No.27618341

>>27618165
dude higher eth price is only gonna make it worse
as soon as zero gets avax blockchain working im swapping hella eth and getting into something that will actually work for defi trading unlike eth