Stakemoon

Once the pre-sale offering has concluded, the STAKEMOON token will be listed on Pancakeswap. For those unaware of Pancakeswap - it is a leading decentralized exchange (DEX) that allows users to buy, sell, and trade hundreds of DeFi coins without a third party.

Instead, Pancakeswap utilizes the aforementioned Automatic Liquidity Pool system to facilitate trades. Although the platform was launched as recently as September 2020 - Pancakeswap is already home to millions of daily active users and billions of dollars worth of liquidity within its decentralized pools.

As a result, Pancakeswap is the obvious choice for STAKEMOON’s initial exchange listing. As soon as STAKEMOON is listed on the Pancakeswap DEX- this will instantaneously create a marketplace for buyers and sellers to transact. The value of STAKEMOON will therefore be dictated by market forces.

The main focus in Q4 2021 will be to finalize the legalities behind STAKEMOON’s listing on Bitmart. This will be a major achievement for the project, not least because Bitmart is one of the largest and most recognized cryptocurrency exchanges globally.

Bitmart often facilitates more than $1 billion worth of daily cryptocurrency trades - which means that upon being listed, STAKEMOON will gain worldwide exposure to a huge pool of volume, liquidity, and users. Furthermore, Bitmart has the legal remit to accept deposits in the form of fiat currency - which includes debit and credit card payments.

This is a major plus-point for STAKEMOON - as those looking to obtain the token will be able to do so without needing to fund their account with a cryptocurrency. Instead, prospective buyers will simply need to deposit funds with their Visa/MasterCard or bank account - and then proceed to purchase STAKEMOON tokens in real-time.

In the quarter following STAKEMOON’s listing on Bitmart - the exchange will provide a framework for automated staking. As this whitepaper noted earlier, staking allows holders to earn interest on their STAKEMOON tokens. The process of staking STAKEMOON tokens at Bitmart could not be easier - as this will be conducted in an autonomous manner.

That is to say, by simply holding the STAKEMOON tokens in their Bitmart wallet, users will automatically earn staking rewards. The team at STAKEMOON note that there will be an APR of up to 50% available when staking at Bitmart - which is one of the most competitive interest rates in this marketplace.

To clarify, there will be no minimum redemption period when staking STAKEMOON tokens at Bitmart, meaning that users can withdraw or transfer their digital funds at any given time.