What Is SolanaSail(SAIL) ? Complete Guide Review About SolanaSail

What Is SolanaSail(SAIL) ?

SolanaSail The Solana Program Library (SPL) is a collection of on-chain programs targeting the parallel runtime. These programs are tested against Solana’s implementation of , -runtime, and deployed to its mainnet. As others implement , Solana will graciously accept patches to ensure the programs here are portable across all implementations.

SolanaSail is a digital asset platform ecosystem with a native SPL utility token $SAIL and native governance token $gSAIL. These tokens represent one of the most agile and scalable digital assets today. facilitates real-time global payments at competitive rates which will ultimately include a DeFi lending, and borrowing Swap platform, fair governance, cutting-edge vaults, and an NFT marketplace all rolled into one.

SolanaSail token is the primary utility token of the ecosystem, compatible with various platforms—gSAIL, dSAIL, vSAIL, and nSAIL. will discuss these in greater detail in the latter half of this white paper. The ultimate product of the ecosystem will be a Play-to-Earn (PTE) game similar to Battleship. game will use all of the aforementioned features (vaults, staking, governance, and NFTs). The game will allow community members to earn tokens and even delegate to a Pro Player NFT in order to increase their chances to win.

SolanaSail(SAIL) Token Storage Key Points

Tokenmcis

21 millions of $SAIL tokens airdrop is now complete, but the SolanaSail ecosystem is a huge project. It will take time to build it but the challenge is really promising.

Ecosystem

SolanaSail will be the main utility token of a new ecosystem build on Solana. $SAIL Staking to get $gSAIL will be available in Phase II. $gSAIL will be the SolanaSail ecosystem token on the 4 platforms: Governance, Vaults, DeFi and NFTs Marketplace. $gSAIL staking feature will be available on Phase I. The community will be able to stake $gSAIL and get $gSAIL rewards.

What Makes SolanaSail Different?

SolanaSail The ecosystem boasts a lightning-fast transaction speed when compared to Compound Finance on Ethereum. A single transaction on Solana is 400ms and currently costs the user a very agreeable $0.0005 per transaction. Fast transaction speeds and affordable transactions should be a no-brainer in DeFi. aim to set ourselves apart from other projects in the sector by maintaining these perks for users and members for the foreseeable future.

SolanaSail One of the most significant differentiators of is that it is fully community oriented from the start. The SAIL utility token was fully distributed at random to users within the Solana ecosystem, and gSAIL will initiate the first governance platform on Solana for navigating the creation of our native borrowing and lending DeFi platform.

PlayToEarn on SolanaSail

SolanaSail ecosystem with Battleship In a future phase of the project will introduce unique Battle shipstyle Web3 game, wrapping the ecosystem’s governance, vaults, staking, and NFT features into a fun and powerful Metaverse community-run game. Users will be able to earn tokens while playing the game and will ultimately be able to delegate resources to a Pro Player NFT to increase their chances of winning. Both SAIL and gSAIL will have their utility in Battleship, SAIL for the boats, for weapons, without releasing all details, SAIL with Battleship will have his circulating supply decreasing with tokens burn.

The Intrinsic Value of Governance Tokens

SolanaSail People often say that in DeFi, governance tokens have no intrinsic value because they offer no utility. believe that is an easy fix, as plan to introduce the ability to stake the governance token to generate more gSAIL tokens, increasing most dedicated users’ ability to guide the future of . They will be the captains sailing ship forward on the open sea that is decentralized finance. The project is about more than getting rich quicklyaim to empower users to steer toward their ideal destiny and become active players in the new financial revolution. There is little more intrinsically valuable than financial empowerment.

Why did SolanaSail Earmark an NFT Platform?

SolanaSail Non-Fungible Tokens (NFTs) have enjoyed enormous fanfare in recent months. It’s a scene that ordinary people can understand—digital collectibles are a no-brainer for sports fans and gamers alike, plus the NFT movement promises to liberate artists in more ways than one. The team strongly believes in the potential of NFTs in the Solana ecosystem. Solana is an ideal Layer 1 solution for NFTs, while NFT communities in the Ethereum network face exorbitant fees and must resort to Layer 2 solutions that still require time to solidify.

Why Did Choose Solana and SPL Tokens?

SolanaSail Program Library (SPL) tokens are fungible tokens on the Solana Blockchain. These tokens are storable in Solana-compatible wallets like the Solana SPL token wallet sollet.io or phantom wallet. Fungible tokens entered the fray and were popularized by the Ethereum ERC-20 token standard for fungible tokens. Each SPL token set shares identical properties, meaning each token is worth the same value and can be used for equivalent purposes.