Equity Overview
Price & Market Data
Price: $0.00164
Daily Change: -$0.0₄447 / 2.72%
Daily Range: $0.00163 - $0.00173
Market Cap: $223,672
Daily Volume: 7,359
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.