Samecoin Is Your Crypto Companion With Tons Of Benefits To Discover

Genevie winward
3 min readAug 2, 2021

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A stablecoin is another class of cryptographic types of cash that undertakings to offer worth unfaltering quality and are maintained by a holding asset. Stablecoins have gained balance as they attempt to bring to the table the best arrangement the second taking care of and security or assurance of portions of computerized types of cash, and the shakiness free stable valuations of fiat money related guidelines. Crypto-collateralized stablecoins are supported by other advanced monetary standards. Since the hold advanced cash may similarly be slanted to high flightiness, such stablecoins are over-collateralized, that is, a greater number of computerized money tokens is kept aware of as safe for giving a lower number of stablecoins.

About Samecoin

The Samecoin gathering of stablecoins, as SameUSD, is proposed to have a consistent worth. This simplifies it for someone like Keith to make trades with crypto he can fathom, and acknowledge the value will proceed as in the past. Samecoin and its gathering of stablecoins are worked taking into account progressed portions, with fiat-like characteristics, stable worth, and low costs, joining the benefits of cryptographic cash and fiat. Disturbances rise when we see that can’t be settled with the systems right currently set up. With the Samecoin Ecosystem, we’re building things that bring the upsides of blockchain advancement in the portions and affirmation space. We can put crypto in the ownership of purchasers and business visionaries with the end goal that is more open and easy to use.

Principal Advantages Of Samecoin

Automatic liquidity: Regarding the liquidity pool on the Samecoin platform, each transaction will incur an 8% commission to avoid liquidity shortages and irreversible losses. In this manner, 6% will be allocated to the BNB pool in an ad hoc manner.

Automated Burning: owing to an 8% commission charge, the remaining 2% will be cremated immediately.

Harvest Lockup: This special Samecoin reward is designed to limit harvest frequency and prevent farming bots from continuously harvesting and dumping.

Anti Whale: To avoid large whales, the DefiFrams team has created a standard protocol that rejects any transaction that seeks to move more than 0.5 percent of the token’s total supply. Indeed, when the overall supply increases, the ratio will decrease.

Deposit Fee Redistribution: Instead of numerous projects, Samecoin will redistribute 4% of the deposit fee to SAME holders to stimulate the holding mechanism. The total price for joining the staking program is 5%.

Defi Factory: a farming pool where DEFIY tokens are staked to gain other tokens. To begin with, the tokens obtained may be BUSD and BNB.

DEX Trading: a decentralized exchange that will swap multiple cryptocurrencies with minimal transaction costs within the Samecoin ecosystem.

Merchant Adoption: The platform will also help merchants benefit from currency price stability and enhance their profits when they utilize Samecoin.

SAME As A Utility Token: SAME will be utilized as a reward token and exchange various activities inside the platform and in a peer-to-peer system.

Cryptocurrency has created a ripple effect throughout the world, uniting traders and investors of all races and creeds. Despite this remarkable achievement, it has struggled to gain widespread acceptance, mainly owing to price instability or volatility. Samecoin has developed a transactional solution that will provide price stability, bringing in financial institutions who have been on the fence and providing merchants confidence to use digital assets. Again, the Defi initiatives spread around the internet would have a single point of contact, a type of center via Samecoin. This is a project that intends to restore order and integrity to the bitcoin sector. Participate right away!

Useful Links :

WEBSITE : https://samecoin.com/
MEDIUM : https://medium.com/samecoin
TELEGRAM GROUP : https://t.me/Samecoin
FACEBOOK : https://www.facebook.com/SamecoinCom
INSTAGRAM : https://www.instagram.com/samecoinofficial/
TWITTER : https://twitter.com/SamecoinCom

Author :

Forum Username: Jacqulynscherer
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=2898485
Telegram Username: @geneviewinward
BSC Wallet Address: 0xCedff9e0618a1d45d2c15E1E1D4cFfCcE25a4352

Telegram Username: @geneviewinward

BSC Wallet Address: 0xCedff9e0618a1d45d2c15E1E1D4cFfCcE25a4352

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