Soft launch raises $250,000 in the last five days.
StakeMoon, a new and innovative digital cryptocurrency project, launches the “StakeMoon Coin” via pre-sale today, generating more than $250,000 over the last five days of soft launch. StakeMoon strives to reward long-term holders via a taxation policy that penalizes market speculators, resulting in regular dividend payments for existing token holders and flexible staking rewards. The StakeMoon tokens are not locked into a minimum redemption period. Instead, “stakers” can withdraw their StakeMoon at any given time.
StakeMoon is a Binance Smart Chain-based autonomous staking and liquidity creating technology. With this token, transactions attract a taxation rate of 15% to discourage day traders and market speculators from buying and selling the StakeMoon token as part of a short-term investment strategy. Of this figure, 10% is distributed to existing token holders, while the remaining 5% is allocated to the StakeMoon liquidity pool.
The team at StakeMoon are proponents of the long-term benefits of staking and adversaries of short-term cryptocurrency speculators. “We believe that the ideal token holder is someone that believes in the long-term vision of the respective cryptocurrency project, and we want to reward those holders that stick with us,” said Scott Ryder, CEO of StakeMoon. “Holders that allocate their tokens to the StakeMoon protocol will, in turn, receive rewards. The StakeMoon tokens in question are utilized for the purpose of confirming blockchain transactions and thus fees subsequently paid by the sender are distributed fairly to those taking part in the staking program.”
For the next 30 to 60 days, 200 million tokens will be available for pre-sale at a minimum purchase amount of $250 and a maximum of $35,000. The soft-launch price of $0.00175 will be increased to $0.0035 following pre-sale. Any tokens not sold in the pre-sale will be burned and then StakeMoon will officially launch on the Pancakeswap decentralized exchange (DEX). This DEX will enable users to buy, sell, and trade hundreds of decentralized finance (DeFi) currencies without third party involvement.
Those interested in obtaining the StakeMoon token will be able to do so without the requirements to fill their account with bitcoin. Instead, prospective buyers will need to deposit credits with their bank account or Visa/MasterCard before purchasing StakeMoon tokens in real-time. To learn more and purchase StakeMoon tokens for pre-sale now, visit https://stakecoins.com/landing-page/.
StakeMoon is a Binance Smart Chain-based autonomous staking and liquidity creating technology, launching new and innovative digital cryptocurrency projects. To learn more, visit https://stakecoins.com/landing-page/, or follow StakeMoon on Telegram, Twitter, Instagram, LinkedIn, and YouTube.