Decentralized Exchange platform that can exchange using automated market maker (AMM) methodology.
Binance Smart Chain (BSC) is a relatively new blockchain with a complete environment for developing high-performance decentralized applications. It is built for cross-chain compatibility with Binance Chain to ensure that users get the best of both worlds.
To interact with the Binance Smart Chain (BSC) dApps of the Samecoin ecosystem, you need the SamePay wallet as it is compatible with the Binance Smart Chain which supports the BEP-20 token standard. You are free to use the BEP-20 friendly wallet.
Since BSC is compatible with EVM, it supports a wider range of Ethereum tools and DApps . This makes it easy for developers, including Samecoin to move their projects away from Ethereum. The fact that Samecoin and its stablecoin family are available on the BSC, makes it cheaper and faster to deploy, due to the properties of the BSC.
Binance Smart Chain has several dApps like Pancakeswap which further expand its utility. However, for Samecoin, the ecosystem offers unique features in the Binance Smart Chain that make it stand out
The Samecoin protocol primarily uses the Decentralized Finance (DeFi) function to promote Samecoin and its cryptocurrencies. Usually, the high-value cryptocurrencies are the ones that are used the most. In short, here are the details of the Samecoin protocol.
- Samecoin minting and its stablecoins
- Reward users for Staking and Mining with Samecoin
- Governance is done through vSamecoin
- Perform deflation procedure by burning Samecoin.
- Burn SameUSD (SUSD) and other Samecoin stablecoins within the ecosystem to maintain a stable reserve.
1. StableThe Samecoin family of stablecoins is focused on providing everyday users with the perfect cryptocurrency for their everyday digital payment needs, just like Satoshi’s vision in the original Bitcoin whitepaper.2. DecentralizedSamecoin combines the benefits of decentralization with developing an economy that is self-governing and not controlled by a select few.3. Payment drivenThe Samecoin ecosystem focuses on providing the most intuitive and accessible payment infrastructure, thanks to stablecoins and reliable crypto payment products.4. VerifiableSamecoin’s stablecoin reserves can be verified by anyone, making it a completely untrustworthy and decentralized form of money.
The Samecoin token is the medium through which the protocol enforces governance, rewards users, incentivizes activity, and provides a medium for raising capital.Governance – Samecoin is a governance utility token that manages the Samecoin Protocol and ecosystem. Samecoin is a token created by the developer, enabling token holders to help shape the future of the Samecoin Protocol. Holders of the Samecoin staked can exercise their right to vote or propose new ideas that can be used to improve the Samecoin Protocol. Samecoin holders can also influence decisions regarding the project by proposing or making suggestions for new features and even changing the governance system itself. The number of Samecoins a node has is one of the factors that determine its reputation.Liquidity Rewards – Samecoin is earned by performing critical platform functions ( Mint , Save , LP Stake and Governance ), and promoting the liquidity of the Samecoin Protocol. Samecoin can also be purchased directly from liquidity providers who sell their Samecoin, along with decentralized exchanges such as Uniswap or centralized exchanges such as Binance. Samepay like a wallet can also help users access Samecoin easily. Gas Fees – Samecoin derives its value from its ability to successfully execute the Samecoin protocol Smart Contracts. Most notably, Samecoin is built into the network itself and is the only currency that can be used for the main network operations. For example, Samecoin is used to pay for node operators that fetch data. In this way, it also plays an important role in moderating the interactions among users of the Samecoin protocol.
Heart: 1. Binance Smart Chain (BEP20) 2. Smart Chain Hoo (ORC20)Amount of Supply:
Samecoin Road Map
Q3 2021 –Samecoin IDOQ4 2021 – SamePay Release on AndroidQ1 2022 – SamePay Release on iOSQ3 2021 –Samecoin IDOQ4 2021 – SamePay Release on AndroidQ1 2022 – SamePay Release on iOSQ 3 2021 –Samecoin IDOQ4 2021 – SamePay Release on AndroidQ1 2022 – SamePay Release on iOS
Robert Sils – Head of marketingVladimir Lisichnik – Chief Financial OfficerMr. KEY – AdvisorKurt Farrugia – Product LeaderRobert Sils – Head of marketing
For more information
MEDIUM : https://medium.com/samecoin
TELEGRAM GROUP: https://t.me/Samecoin
INSTAGRAM: https : //www.instagram.com/samecoinofficial/
by ; LordUdin