Equity Overview
Price & Market Data
Price: $0.00128
Daily Change: -$0.0₄659 / 5.13%
Range: $0.00123 - $0.0014
Market Cap: $175,075
Volume: 0
Details
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.