What is SSW?
One of the new launches in the world of cryptocurrencies is the Seesaw Protocol (SSW). This cryptocurrency was designed to serve as a connector between different ecosystems. Therefore, anyone who holds it can send as well as receive value between different systems. It facilitates transactions between Polygon and MATIC, Ethereum’s Smart Chain, and Binance or BNB. Therefore, this cryptocurrency is designed to outperform cryptocurrencies such as ETH. By design, Seesaw Protocol enables faster and more affordable transactions.
Seesaw Protocol sees the future that Metaverse will create, especially in the world of education, unlike Bitcoin. He is committed to creating a Metaverse that will appeal to children who will find learning in the virtual world immersive and fun.
DeFi by Seesaw Protocol
DeFi is the abbreviation of “Decentralized finance”. It is a financial technology that is emerging today, made possible by the distributed and secure ledgers used by cryptocurrencies. Control of financial institutions such as banks is removed. The main attractions of DeFi are:
- Anyone can access cryptocurrencies through a secure digital wallet.
- It is not necessary to obtain the approval of the monetary authorities.
- Fees that banks and other financial institutions charge for their services are waived.
- Money is transferred in seconds or minutes.
Seesaw Protocol Utility
The Seesaw protocol is built as an unguarded, decentralized, multi-chain ecosystem of DeFi protocols, products, and more. The token will be distributed by Binance’s Smart Chain as well as Ethereum and Polygon. Users can find comprehensive services from Seesaw Finance. It offers users a way to manage their crypto assets on popular blockchains as well as P2P exchange services.
It also includes a multi-chain swap feature. The Seesaw protocol can be exchanged between multiple chains. There is no commission charged which makes it very beneficial for users.
It also features a locked liquidity aspect. This is done by attaching a time lock smart contract on the liquidity pool tokens.
Comparison with Dogecoin and Shiba Inu
While the Seesaw protocol is a relative newcomer to the world of cryptocurrencies, the DOGE Where Dogecoin has been around for eight years now. It was initially launched as a counter-response to Bitcoin. It gained prominence during the first half of 2021, when it hit an all-time high of around 15,000% valuation gain. However, it started the year 2022 with a decline, but it currently maintains its valuation at $0.137. He certainly helped his backers make a fortune.
On the other hand, Shiba Inu (SHIB) is a competitor of DOGE. It is a younger cryptocurrency than BTC or DOGE but older than the Seesaw protocol. It has overtaken its competitor DOGE in terms of valuation in 2021. In terms of market capitalization, it is 2 positions below DOGE. Many were able to make a fortune by investing in SHIB in the first part of 2021.
In comparison to these existing cryptocurrencies, Seesaw Protocol saw its pre-sale launched in January 2022. At that time, its valuation was $0.005. Since then, it has achieved exceptional success, to the delight of inventors and investors alike. Within a few months, its price rose to $0.155, an increase of 3000%. During the second stage of the presale, the price saw a 38% increase. Experts predict that the price will reach $0.25 before the launch of the project.
Unlike older cryptocurrencies, the Seesaw protocol is valued as a bridge platform between multiple chains. Holders will be able to easily convert between major blockchains, like Ethereum Network, BNB Chain, and Polygon. Each transaction will thus be optimized to obtain the lowest prices and the fastest speeds. Therefore, as an investment, SSW appears to be a investment interesting as we approach the second half of 2022.
Seesaw Swap: https://swap.seesawprotocol.io/