| General information | |
|---|---|
| Global rank: | 2012 |
| Name: |
SAKECOIN |
| Symbol: | SAKE |
| Current coin price (STD): | 0.004 Db |
| Last hour: | arrow_downward-0.290 % |
| Last 24 hours: | arrow_downward-95.98 % |
| Last 7 days: | -95.09 %trending_down |
| Capitalisation (STD): | 16 806 760.58 Db |
| Volume 24h (STD): | 4 077 502.26 Db |
| Available supply: | 4 162 731 120.00 SAKE |
| Total coin supply: | -1 SAKE |
| Start date: | 2020-09-08 |
SAKECOIN/São Tomé and Príncipe, Dobra (SAKE/STD) price chart
SAKECOIN/São Tomé and Príncipe, Dobra (SAKE/STD) capitalisation and volume charts
The SAKE token has two functions, which are entitling SAKE holders to governance rights and a portion of the fees paid to the protocol. Eventually, SAKE holders will own the protocol. SAKE tokens can entitle liquidity providers and traders to continue earning the benefit of the protocol development, which means the early adopters will be significant stakeholders of SakeSwap. Meanwhile, SakeSwap involves tokenomics of deflation to support the token price from a structural perspective.