SeeSaw Protocol SSW sees a massive price rise in 2 weeks! : SEESAWPROTOCOL

This could raise eyebrows in itself but all the evidence points towards legitimacy. The price started at $0.005 and has increased by more than 500% to $0.031 at the time of writing. 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. It should enable blockchains to take advantage of the most efficient blockchain during the optimal time, depending on network congestion, and, therefore, find the quickest and the cheapest transactions.

seesaw protocol audit

Investors may be sceptical of investing in a coin when they do not know who is behind it. The biggest cryptocurrency in the world has a pseudonymous creator behind it. Seesaw Protocol’s creators are following this approach and choosing to remain anonymous. The presale itself has been underway for just over two weeks and has so far been an astounding success.

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So you’re celebrating the scammers behind this token simply raising the price? This makes zero sense when the token doesn’t exist and not one single person has a contract address so there will not be a single person who will receive their pre purchased token. Jay Jackson is a crypto trader, researcher and freelance writer. He works closely with people and businesses in the crypto sphere, writing blog posts, guides, press releases, reviews and ebooks.

seesaw protocol audit

It currently runs on the BNB Chain with plans to also run on the Ethereum and Polygon blockchains. The SeeSaw Protocol is a type of utility cryptocurrency that allows its holders to use them on other crypto blockchains. Presently, the project mentions that its holders can use the SSW Tokens on blockchains like Binance Smart Chain , Ethereum , Polygon , etc. A utility cryptocurrency simply means that these coins and tokens proposition the right to procure a product or service.

Top Reasons for Qualifying SSW Protocol Tokens For Crypto Gains

No liquidity – It is important to ascertain if a new cryptocurrency has liquidity locked. Seesaw Protocol uses a portion of the transaction fee attached to each purchase and sale to constantly add to its liquidity. 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.

  • The SeeSaw Protocol is a type of utility cryptocurrency that allows its holders to use them on other crypto blockchains.
  • The initial month of presale completion raised its value by over 2500% with greater ascend expected after Q3.
  • On April 8th 2022, SSW launched on Pancake Swap after being locked in presale for three months.
  • 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.
  • The SSW Tokens channels multiple blockchains and facilitate delivering value to their proprietors at preeminent rates like standard currency exchange.
  • Seesaw Protocol has confirmed on their official telegram group that they have ordered an audit by Certik.

Think of it as the standard currency exchange; the stronger your currency exchange rate, the cheaper your imports. 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. 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.

To be fair, SSW is new, and we can only expect so much as the project behind this cryptocurrency continues to develop. Among the many reasons to get this digital currency is the reward incentive of simply holding them. A regular airdrop feature enables long-term holders of the token to earn extra coins. The alarming rate by which the SSW Tokens are rising in value has certainly drawn speculations from the crypto community. While some are advising caution, others are waiting to gain more knowledge regarding the project. It is because the SSW protocol initially didn’t even have a Whitepaper mentioning its Proof of Concept.

Audit by Certik

Holders of the tokens can use them to connect between the three blockchains to find the quickest and most reliable network at any given time. The SSW Tokens are a gateway to developing bridges between various blockchains, DeFi platforms, and swapping governance tokens. No independent audit – Most new cryptocurrencies consider it standard practice to be audited by an independent third party. Certik is one of the leading blockchain technology auditors, and precocious backers can check the progress of their chosen cryptocurrency on their site.

seesaw protocol audit

SSW can allow stockholders to gain profits in multiple ways via re-distribution of fees per transaction and referrals. The initial month of presale completion raised its value by over 2500% with greater ascend expected after Q3. This project is affiliated with a high-risk Launchpad known as BoostX Finance. After a thorough assessment of BoostX-affiliated projects from CertiK auditors and investigators, we required the project team to undergo involuntary KYC, with which they did not comply.

Some crypto investors have pointed out a few concerns about the protocol. While it does offer a much needed solution in the crypto world its huge token price crash is of concern. SSW can be traded and farmed across the Binance Chain, Ethereum, and Polygon blockchains. Yes, such a reason is a critical Red Flag for investors, yet on the other hand, it is being featured by numerous noteworthy media platforms.

Some developers will take advantage of the lack of knowledge that some potential investors have about crypto and defraud them of their money. Thanks to the mostly decentralized nature of the crypto market there is often nothing that can be done to halt scams and scammers. On April 8th 2022, SSW launched on Pancake Swap after being locked in presale for three months.

What is Seesaw Protocol?

This project is still undergoing security assessments by CertiK. Conduct your own due diligence before deciding to use any info listed at this page. This website is using a security service to protect itself from online attacks. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. Reproduction in whole or in part in any form or medium without express written permission of MDD Group FZE LLC is prohibited.

seesaw protocol audit

So, it remains a matter of personal choice as to whether you should put your faith and money in the SSW Protocol. Seesaw makes engaging, personalized learningpart of every https://xcritical.com/ student’s experience in school. Any third-party hyperlinks and banners don’t constitute an endorsement, guarantee, endorsement, warranty, or recommendation by BeInCrypto.

This is also when the project is expected to launch on Uniswap. The fact that the project is backed by an anonymous team is also concerning to some people. Bitcoin continues to dominate the crypto market, yet its creator, Satoshi Nakamoto’s true identity, is yet to be known to date. Anyone can purchase the SSW tokens from their pre-sale phase, after which they will be available from Uni Swap and Pancake Swap platforms. While the SSW, a fully decentralized multi DeFi platform, presents such scope, it’s also worth noting that SSW cryptos cannot be mined. Hence, it’s focused on benefitting the proprietors of cryptos without creating grounds for questioning its stability or environmental concerns.

Seesaw Protocol: Solving Interoperability Problems in the Cryptosphere

On April 14th, the tokens experienced their all-time high price, trading at $0.46. Typically, performing transactions on other blockchains with a different cryptocurrency requires using a cryptocurrency exchange platform. Naturally, the DEX platforms demand a crypto conversion or exchange fee which can cost astronomically for transactions of higher value. Seesaw Protocol aspires to be a cryptocurrency designed to bridge multiple blockchains, solving an important interoperability problem within the emerging field. Its creators claim that SSW is going to bridge the Binance Smart Chain with Ethereum and Polygon . Launched in January 2022, the protocol is a fairly new and ambitious blockchain-based project created to bridge multiple blockchains.

Is Seesaw Protocol (SSW) a Scam?

Due to the high-risk investigation findings, and lack of KYC cooperation from the project team, CertiK has terminated all ongoing audits and delisted BoostX-affiliated projects. Seesaw integrates with popular LMS and SIS platforms to build upon what you’re already doing. Cryptocurrency has long been a topic of discussion as to whether the digital payment system can be trusted.

SeeSaw Protocol (SSW) sees a massive price rise in 2 weeks!

Seesaw Protocol has confirmed on their official telegram group that they have ordered an audit by Certik. From the initial $0.005 price per coin during January, the current price stands at approximately $0.132. To answer this question, we must understand both the utility and the tokenomics of SeeSaw Protocol Tokens.

Like with all new ideas, anecdotes of scams and uncertainty follow. Unless you have truly endowed your time into gaining knowledge of the mechanisms of cryptocurrency, it is likely you will always have doubts. If the price surge of over 640% in the first stage of its presale is anything to go by, then it is innocuous to adopt the notion that Seesaw Protocol is profitable. The Seesaw token can be swappable between multiple chains with almost 0% commission.

Do Your Own Research before using any third-party services or considering any financial action. Perhaps one of the most important accomplishments throughout the industry that we saw is the broader acceptance of various networks. The boom of DeFi summer in 2020 showed that Ethereum, in its current shape and form, is quite unable to handle the massive load of users. As a result, the fees skyrocketed as the network was getting clogged. A lot of people thought Lucky Block was a scam because of finixio’s rep. DYOR.

Again, the latter is simply the effect of SSW marketing itself along with other popular cryptos like DOGE, XLM, etc. While it is fair to not predict its success pending its public release, its importance cannot be overlooked based on the failures of other newly seesaw crypto launched tokens. Seesaw Protocol is available to purchase now; the first stage of presale ends on February 25, 2022, in which a second stage will shortly commence. Sales are up until the 3rdand last presale, which is expected to take place on April 8, 2022.

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