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/biz/ - Business & Finance

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27309878 No.27309878 [Reply] [Original]

Ticker: SAKE (SakeToken)
Marketcap at time of writing: $3m
Supply: 73,532,312 / 124,299,681
Token Contract: 0x066798d9ef0833ccc719076dab77199ecbd178b0


What is Sake
Sake was launched in the summer of 2020 as a direct compatitior to Sushiswap.

The hype died out fast and sushi swap cam out on top as you can see from the coin ranking.
Sake didn't stop building though and it is fully functional at the moment and is integrated
with most Dex aggregators such as 1inch.
Major Catlayst for Sake:
Sake will release a major updates in the coming days. These updates include:

1-ILO (initial liquidity offerings). Similar to current launchpads where project can have their token sale on Sake.
All intial liquidty offerings are execlusive for sake holders.

2-Expanding to Polkadot eco-system instead of staying on Ethereum only.

3- Creation of a development fund to sustain the progress of the project.

4- Updated tokenomics and reward models.
There is a 0.3% fee on each SakeSwap transaction. 0.25% is rewarded to market makers,
0.045% is used to buyback and burn SAKE, and the remaining 0.005% will be distributed to the LockBar.
(The SakeBar will be removed. The LockBar will distribute every 12-month.)

All details about the update can be found here:
https://sakeswap.medium.com/call-for-community-advice-sakeswap-strategic-upgrade-6cf38dfd687d

I don't knw how long it will take for SAKE to pull a sudden 10X, but I assure you that it's coming.
As always $DYOR!

Website: https://sakeswap.finance/#/swap
Coingecko: https://www.coingecko.com/en/coins/sake-token

>> No.27309991
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27309991

this shit hits $1 I'm getting wasted on sake bombs

>> No.27310159

Feels so fucking to be early for once

>> No.27310392
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27310392

Fuck yes OP fuck Yes

>> No.27310679

>>27309878
I got 3700 at .033 bros will I make it?

>> No.27310902

>>27309878
i want these cats to blow me

>> No.27311190

>>27310679
Just curious, what do gas fees cost you? I got 5k around the same price and fees really eat up a lot of profit.

>> No.27311516
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27311516

>>27309878
Sake's come back looks promising as fuck. It's ATH was $2.50, right now it's barely under 5 cents. With the new updates I wouldn't be surprised if this hits $3

>> No.27311704
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27311704

Feels good to get in. Ill buy a round for everyone when SAKE takes off.

>> No.27311847

>>27311190
I paid 16.81 in fees actually so ive already recovered fees enough for fees in and out

>> No.27311957
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27311957

$SAKE @SakeSwap will launch ILO, initial liquidity offering in hours from now. The token sales that will launch on the platform is limited to $SAKE Holders.

>> No.27312212

been farming this at absolute bottom for like a month with the Link/USDT pair

thanks for the random shilling /biz/

Missed bao but I'll make this one

>> No.27312249
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27312249

i paid $45 in gas to swap $200

>> No.27312287

>>27311847
Yeah fees are fucked right now. It cost me $20 which i made back very quick but still thats ridiculous

>> No.27312476
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27312476

>>27309878
God damn it, I fucking love that art.

>> No.27312543

sake bois mooning

>> No.27312662

What's the best way to get this?

Convert from ETH with Uniswap?

>> No.27312774

>>27312662
yeah that's how I did it but put the slippage up to about 6% since the price is jumping up fast.

>> No.27312825

>>27312774
slippage?

>> No.27312904

AAAAAAAA

>> No.27313069

AH FACK ITS DOOMPING

>> No.27313116

>>27312662
But it from sake swap. Duh

>> No.27313608
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27313608

>>27313069
>>27312904
This is just a small spike in response to good news. Hold on, the ride hasn't even started yet.

>> No.27313738
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27313738

>>27312825
if the price fluctuates within your slippage range the transaction will still succeed.

>prices goes up
>slippage percentage covers fluctuation
>transaction won't fail and will still continue
>may get more or less tokens depending on price

>> No.27313789
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27313789

>>27312662

>> No.27314293
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27314293

>>27313738
>>27313789
Damn thanks guys, appreciate it

>> No.27314465

>>27314293
you can use this method with any token listed on coingecko

>> No.27315196

What exactly is an ILO?

Please spoonfeed me biz I tried googling but I'm <90 IQ

>> No.27316377

>>27309878
damn I shoulda listened to yall 8 hours ago

>> No.27316466

I bought 67k of these at 3.8 cents. I think I might take profits if it goes x2

>> No.27316530

>>27310902
bro I was gonna say the same thing

>> No.27316572
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27316572

damn good memes this one's got

>> No.27316640
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27316640

>>27316572

>> No.27316725
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27316725

>>27316640
classy I say

yes, I will have some sake

>> No.27317454

$10 SAKE SAKE

>> No.27318325

>>27316466
Nah just forget about it for two weeks

>> No.27318469

>>27318325
This Advice right here.

>> No.27318815

Can someone explain mining fees like I'm 5

When I swap for shit with Uniswap the mining fees are insanely high. Do you have to swap thousands of dollars worth of ETH just to make it worth it?

>> No.27320521

WE HIT 5s