Welcome To Wootfi All In One Review Blog
Contact Us For Help & Advertisement Enquiry
0
  • HOME
  • AIRDROPS
  • CLOUD MINING
  • COINS
  • TRADE
  • INVESTMENT
  • NEWS
  • WALLET
  • ICO

Archives

  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021

Categories

  • AIRDROPS
  • Blockchain News
  • CLOUD MINING
  • COINS
  • Crypto News
  • Exchange
  • ICO
  • Investment
  • NEWS
  • Press Release
  • Uncategorized
  • WALLET
  • Web Hosting

Meta

  • Log in
  • Entries feed
  • Comments feed
  • WordPress.org
  • About Wootfi
  • Advertisement
  • Disclaimer
  • Term Of Use
  • DMCA
  • Privacy Policy
  • Cookies Policy
  • Sitemap
  • RSS Feeds
  • Contact Us
Welcome To Wootfi All In One Review Blog Welcome To Wootfi All In One Review Blog
Contact Us
Welcome To Wootfi All In One Review Blog Welcome To Wootfi All In One Review Blog
0
Welcome To Wootfi All In One Review Blog Welcome To Wootfi All In One Review Blog
0
  • HOME
  • AIRDROPS
    Banger Airdrop Review: Empowering Gamers to Profit 
    Banger Airdrop Review: Empowering Gamers to Profit 
    Primex Airdrop Review: Cross-DEX cross-Margin Trading
    Primex Airdrop Review: Cross-DEX cross-Margin Trading
    Cex Airdrop Review: One Participant will Get $500
    Cex Airdrop Review: One Participant will Get $500
    Forta Airdrop Review: Real-time security & Operational Monitoring
    Forta Airdrop Review: Real-time security & Operational Monitoring
    GoCrypto Games Airdrop Review: Also Earn More Entries for Each referral.
    GoCrypto Games Airdrop Review: Also Earn More Entries for Each referral.
    Previous Next
  • CLOUD MINING
    What Is Kauri (KAU) Coin Review ? Complete Guide Review About Kauri
    What Is Kauri (KAU) Coin Review ? Complete Guide Review About Kauri
    What Is Razor Network (RAZOR)?
    What Is Razor Network (RAZOR)? Complete Guide Review About Razor Network.
    Star-miner.com Cloud Mining Review: All New Users will Get a $10 sign-up Bonus.
    Star-miner.com Cloud Mining Review: All New Users will Get a $10 sign-up Bonus.
    Hexada Cloud Mining Review: it Is Scam Or legit?
    Hexada Cloud Mining Review: it Is Scam Or legit?
    Bitluck.com Cloud Mining Review: it Is Scam Or legit?
    Bitluck.com Cloud Mining Review: it Is Scam Or legit?
    Previous Next
  • COINS
    What Is Fiola (FLA)?
    What Is Fiola (FLA)? Complete Guide Review About Fiola.
    What Is CSP DAO (NEBO)?
    What Is CSP DAO (NEBO)? Complete Guide Review About CSP DAO.
    What Is Mars Network (MARS)?
    What Is Mars Network (MARS)? Complete Guide Review About Mars Network.
    What Is Cryptochrome (CHM)?
    What Is Cryptochrome (CHM)? Complete Guide Review About Cryptochrome.
    What Is Stacy (STACY)?
    What Is Stacy (STACY)? Complete Guide Review About Stacy.
    Previous Next
  • TRADE
    Kine Protocol Crypto Exchange Review: It Is Good Or Bad?
    Kine Protocol Crypto Exchange Review: It Is Good Or Bad?
    Zoomex Crypto Exchange Review: It Is Good Or Bad?
    Zoomex Crypto Exchange Review: It Is Good Or Bad?
    Coinsbit Crypto Exchange Review: It Is Good Or Bad?
    Coinsbit Crypto Exchange Review: It Is Good Or Bad?
    Zebitex Crypto Exchange Review: It Is Good Or Bad?
    Zebitex Crypto Exchange Review: It Is Good Or Bad?
    Foblgate Crypto Exchange Review: It Is Good Or Bad?
    Foblgate Crypto Exchange Review: It Is Good Or Bad?
    Previous Next
  • INVESTMENT
    Rhodonite Investment Project Review : Paying Or Scam Project ?
    Rhodonite Investment Project Review : Paying Or Scam Project ?
    Cashswan.biz Investment Project Review: Paying Or Scam Project ?
    Cashswan.biz Investment Project Review: Paying Or Scam Project ?
    200bytes.io Investment Project Review : Paying Or Scam Project?
    200bytes.io Investment Project Review : Paying Or Scam Project?
    Superbtcmoon.com Investment Project Review: Paying Or Scam Project ?
    Superbtcmoon.com Investment Project Review: Paying Or Scam Project ?
    Bullishprofit.com Investment Project Review : Paying Or Scam Project?
    Bullishprofit.com Investment Project Review : Paying Or Scam Project?
    Previous Next
  • NEWS
  • WALLET
    Hostingspty Web Hosting Review: Easy-To-Use Control Panel (cPanel)
    Leap Wallet Airdrop Review: Anchor Deposits From Leap Wallet.
    Quppy Wallet Review: Earn 15 Euros On Each Referee
    Quppy Wallet Review: Earn 15 Euros On Each Referee
    Plark Wallet Review: BRD Wallet Is Safe Or Not ?
    Plark Wallet Review: BRD Wallet Is Safe Or Not ?
    Venly Wallet Review: Venly Wallet Is Safe Or Not ?
    Venly Wallet Review: Venly Wallet Is Safe Or Not ?
    Wswap Wallet Review: Secure & Advance Cryptocurrency Wallet
    Wswap Wallet Review: Secure & Advance Cryptocurrency Wallet
    Previous Next
  • ICO
    Equilibrium Ico Review: Is Legit Or Scam Ico
    Equilibrium Ico Review: Is Legit Or Scam Ico
    MapMetrics Ico Review: Is Legit Or Scam Ico
    MapMetrics Ico Review: Is Legit Or Scam Ico
    Bancc Ico Review: Bancc is a Blockchain Company
    Bancc Ico Review: Bancc is a Blockchain Company
    Cryptocitizen Ico Review - Open-World MMO RPG Metaverse Experience
    Cryptocitizen Ico Review – Open-World MMO RPG Metaverse Experience
    Algoblocks Ico Review:  Automate DeFi Investments in One place
    Algoblocks Ico Review:  Automate DeFi Investments in One place
    Previous Next
Top Read
Amaze World (AMZE) ? Complete Guide Review About AMZE

Amaze World (AMZE) ? Complete Guide Review About AMZE

5 Min Read
Polka Wallet Review: Polka Wallet Is Safe Or Not ? Read Our Full Review

Polka Wallet Review: Polka Wallet Is Safe Or Not ? Read Our Full Review

7 Min Read
ETH Fan Token

What Is ETH Fan Token (EFT)? Complete Guide Review About ETH Fan Token.

6 Min Read
8bit.ltd Investment Project Review : Paying Or Scam Project?

8bit.ltd Investment Project Review : Paying Or Scam Project?

7 Min Read
0
Welcome To Wootfi All In One Review Blog Welcome To Wootfi All In One Review Blog
  • HOME
  • AIRDROPS
    Banger Airdrop Review: Empowering Gamers to Profit 
    Banger Airdrop Review: Empowering Gamers to Profit 
    Primex Airdrop Review: Cross-DEX cross-Margin Trading
    Primex Airdrop Review: Cross-DEX cross-Margin Trading
    Cex Airdrop Review: One Participant will Get $500
    Cex Airdrop Review: One Participant will Get $500
    Forta Airdrop Review: Real-time security & Operational Monitoring
    Forta Airdrop Review: Real-time security & Operational Monitoring
    GoCrypto Games Airdrop Review: Also Earn More Entries for Each referral.
    GoCrypto Games Airdrop Review: Also Earn More Entries for Each referral.
    Previous Next
  • CLOUD MINING
    What Is Kauri (KAU) Coin Review ? Complete Guide Review About Kauri
    What Is Kauri (KAU) Coin Review ? Complete Guide Review About Kauri
    What Is Razor Network (RAZOR)?
    What Is Razor Network (RAZOR)? Complete Guide Review About Razor Network.
    Star-miner.com Cloud Mining Review: All New Users will Get a $10 sign-up Bonus.
    Star-miner.com Cloud Mining Review: All New Users will Get a $10 sign-up Bonus.
    Hexada Cloud Mining Review: it Is Scam Or legit?
    Hexada Cloud Mining Review: it Is Scam Or legit?
    Bitluck.com Cloud Mining Review: it Is Scam Or legit?
    Bitluck.com Cloud Mining Review: it Is Scam Or legit?
    Previous Next
  • COINS
    What Is Fiola (FLA)?
    What Is Fiola (FLA)? Complete Guide Review About Fiola.
    What Is CSP DAO (NEBO)?
    What Is CSP DAO (NEBO)? Complete Guide Review About CSP DAO.
    What Is Mars Network (MARS)?
    What Is Mars Network (MARS)? Complete Guide Review About Mars Network.
    What Is Cryptochrome (CHM)?
    What Is Cryptochrome (CHM)? Complete Guide Review About Cryptochrome.
    What Is Stacy (STACY)?
    What Is Stacy (STACY)? Complete Guide Review About Stacy.
    Previous Next
  • TRADE
    Kine Protocol Crypto Exchange Review: It Is Good Or Bad?
    Kine Protocol Crypto Exchange Review: It Is Good Or Bad?
    Zoomex Crypto Exchange Review: It Is Good Or Bad?
    Zoomex Crypto Exchange Review: It Is Good Or Bad?
    Coinsbit Crypto Exchange Review: It Is Good Or Bad?
    Coinsbit Crypto Exchange Review: It Is Good Or Bad?
    Zebitex Crypto Exchange Review: It Is Good Or Bad?
    Zebitex Crypto Exchange Review: It Is Good Or Bad?
    Foblgate Crypto Exchange Review: It Is Good Or Bad?
    Foblgate Crypto Exchange Review: It Is Good Or Bad?
    Previous Next
  • INVESTMENT
    Rhodonite Investment Project Review : Paying Or Scam Project ?
    Rhodonite Investment Project Review : Paying Or Scam Project ?
    Cashswan.biz Investment Project Review: Paying Or Scam Project ?
    Cashswan.biz Investment Project Review: Paying Or Scam Project ?
    200bytes.io Investment Project Review : Paying Or Scam Project?
    200bytes.io Investment Project Review : Paying Or Scam Project?
    Superbtcmoon.com Investment Project Review: Paying Or Scam Project ?
    Superbtcmoon.com Investment Project Review: Paying Or Scam Project ?
    Bullishprofit.com Investment Project Review : Paying Or Scam Project?
    Bullishprofit.com Investment Project Review : Paying Or Scam Project?
    Previous Next
  • NEWS
  • WALLET
    Hostingspty Web Hosting Review: Easy-To-Use Control Panel (cPanel)
    Leap Wallet Airdrop Review: Anchor Deposits From Leap Wallet.
    Quppy Wallet Review: Earn 15 Euros On Each Referee
    Quppy Wallet Review: Earn 15 Euros On Each Referee
    Plark Wallet Review: BRD Wallet Is Safe Or Not ?
    Plark Wallet Review: BRD Wallet Is Safe Or Not ?
    Venly Wallet Review: Venly Wallet Is Safe Or Not ?
    Venly Wallet Review: Venly Wallet Is Safe Or Not ?
    Wswap Wallet Review: Secure & Advance Cryptocurrency Wallet
    Wswap Wallet Review: Secure & Advance Cryptocurrency Wallet
    Previous Next
  • ICO
    Equilibrium Ico Review: Is Legit Or Scam Ico
    Equilibrium Ico Review: Is Legit Or Scam Ico
    MapMetrics Ico Review: Is Legit Or Scam Ico
    MapMetrics Ico Review: Is Legit Or Scam Ico
    Bancc Ico Review: Bancc is a Blockchain Company
    Bancc Ico Review: Bancc is a Blockchain Company
    Cryptocitizen Ico Review - Open-World MMO RPG Metaverse Experience
    Cryptocitizen Ico Review – Open-World MMO RPG Metaverse Experience
    Algoblocks Ico Review:  Automate DeFi Investments in One place
    Algoblocks Ico Review:  Automate DeFi Investments in One place
    Previous Next
Top Read
Amaze World (AMZE) ? Complete Guide Review About AMZE

Amaze World (AMZE) ? Complete Guide Review About AMZE

5 Min Read
Polka Wallet Review: Polka Wallet Is Safe Or Not ? Read Our Full Review

Polka Wallet Review: Polka Wallet Is Safe Or Not ? Read Our Full Review

7 Min Read
ETH Fan Token

What Is ETH Fan Token (EFT)? Complete Guide Review About ETH Fan Token.

6 Min Read
8bit.ltd Investment Project Review : Paying Or Scam Project?

8bit.ltd Investment Project Review : Paying Or Scam Project?

7 Min Read
0
Welcome To Wootfi All In One Review Blog > Blog > COINS > Stakemoon (SMOON) Coin Review : It Is Good Or Bad Review
COINS

Stakemoon (SMOON) Coin Review : It Is Good Or Bad Review

Denny Bitsong
7 months Ago COINS Posted by By Denny Bitsong 6 Min Read Add Comment Tags: How to sing up v Stakemoon Stakemoon login
Stakemoon (SMOON) Coin Review : It Is Good Or Bad Review
– Advertisement –
Share on
READ NEXT
What Is Genopets KI (KI) Coin Review? Complete Guide Review About Genopets KI
What Is Genopets KI (KI) Coin Review? Complete Guide Review About Genopets KI

What is Stakemoon (SMOON) ?

Stakemoon (SMOON) is a decentralized platform that promotes an overarching visionary – to reward long-term token holders. The STAKEMOON team argues that this goal can be achieved through two fundamental routes. First, all transactions attract a taxation rate of 15%. In a nutshell, this is to demotivate day traders and market speculators from buying and selling the STAKEMOON token as part of a short-term investment strategy. Of this figure, 10% is distributed to existing token holders, while the remaining 5% is allocated to the STAKEMOON liquidity pool.

Stakemoon (SMOON) Second, the team at are proponents of the long-term benefits of staking. Put simply, those that allocate their tokens to the STAKEMOON protocol will, in turn, receive rewards. This is because the tokens in question are utilized for the purpose of confirming block chain transactions and thus fees subsequently paid by the sender are distributed fairly to those taking part in the staking program.

Stakemoon (SMOON) Storage Key Points

Coin BasicInformation
Coin Name Stakemoon
Short Name SMOON
Max Supply879,614,007
Total Supply1,000,000,000
Source CodeClick Here To View Source Code
ExplorersClick Here To View Explorers
Twitter PageClick Here To Visit Twitter Group
WhitepaperClick Here To View
Support24/7
Official Project WebsiteClick Here To Visit Project Website

STAKEMOON Taxation Policy Demotivates Market Speculators

Stakemoon (SMOON) The global cryptocurrency trading arena is now a multi-trillion-dollar industry. While this gives the digital asset arena a firm stamp of approval from an opportunistic perspective the key problem is that many involved in this space are nothing more than market speculators.

Stakemoon (SMOON) More specifically, a sizable percentage of the cryptocurrency trading sector is dominated by day traders that have no interest or affiliation with any of the digital tokens that they trade. On the contrary, their main objective is to enter a trade and subsequently close the position within a matter of days, hours, or even minutes.

15% Taxation on All Transactions

Stakemoon (SMOON) The project has implemented a 15% taxation policy on all STAKEMOON token transactions. The reason for this is simple – those looking to speculate on the STAKEMOON token through a day trading system will not find this works well in the long run.

After all, day traders will typically enter and exit trades that remain in place for hours as opposed to weeks, months, or years. More specifically, day traders aim to make modest but frequent profits – so the aforementioned 15% taxation policy will ensure that this is not financially viable when trading STAKEMOON in the open marketplace.

5% Liquidity Addition on All Taxation Proceeds

Stakemoon (SMOON) Make no mistake about it – liquidity is a fundamental requirement when a digital currency trades in the open marketplace. Without sufficient levels of liquidity, buyers will struggle to find sellers – and vice versa. This results in an inefficient marketplace, unfavorable spreads, and ultimately – enhanced volatility.

1-Year Liquidity Lock-Up

Stakemoon (SMOON) An additional benefit of the STAKEMOON liquidity pool is that all newly added digital tokens are locked up for a 1-year period. This is backed by an autonomous smart contract that is publicly viewable as soon as the funds arrive in the liquidity pool.

Stakemoon (SMOON) This means that no person or entity can withdraw the tokens held by the 1-year smart contract – subsequently ensuring that STAKEMOON functions in an efficient marketplace in the long run. As this whitepaper covers in more detail shortly – 50% of all pre-sale STAKEMOON purchases that are completed OTC (Over-the-Counter) will contribute to the liquidity pool. This will also be on a 1-year lock-up period through a transparent smart contract.

Automatic Liquidity Pools

Stakemoon (SMOON) One of the most notable benefits that the decentralized finance industry has brought to the cryptocurrency markets is Automatic Liquidity Pools. For those unaware of this term, Automatic Liquidity Pools allow market participants to trade digital tokens without a third party. Before explaining how this is beneficial for the STAKEMOON ecosystem – let us look at an example of how a cryptocurrency trade typically works in practice when going through a centralized platform.

  • Let us suppose that you are currently holding MAKER but wish to swap the tokens for STAKEMOON.
  • Under normal market conditions, you would first be required to deposit your MAKER tokens into a centralized exchange.
  • Then, you would need to find the relevant market on the exchange – in this case, that would be MAKER/STAKEMOON.
  • However, centralized exchanges are unlikely to offer a direct market on the likes of MAKER and STAKEMOON.
  • As such, you would first need to sell your MAKER tokens for a large-cap cryptocurrency like Bitcoin. Then, you’d need to use your Bitcoin to buy STAKEMOON.
  • Finally, you would then need to withdraw your STAKEMOON tokens to your desired private wallet.
Tags: How to sing up v Stakemoon Stakemoon login

What’s your reaction?

Love
0
Sad
0
Happy
0
Sleepy
0
Angry
0
Dead
0
Wink
0
Share on
Share on Facebook Share on Twitter Share on Pinterest Share on WhatsApp Share on WhatsApp Share on Linkedin Share on Tumblr Share on Reddit Share on VKontakte Share on Telegram Share on Email
Denny Bitsong 15/12/2021
Previous Article ApeFund (APEFUND) Coin Review : Complete Guide Review About ApeFund ApeFund (APEFUND) Coin Review : Complete Guide Review About ApeFund
Next Article What Is Citycoins? (MIA) Complete Guide Review About Citycoins. What Is Citycoins? (MIA) Complete Guide Review About Citycoins.

Leave a Review

Cancel reply

Your email address will not be published. Required fields are marked *

Please select a rating

– Advertisement –

Got a Questions?

Find us on Socials or Contact us and we’ll get back to you as soon as possible.

Latest Posts

Baddest Alpha Ape Bundle
What Is Baddest Alpha Ape Bundle (APED)? Complete Guide Review About Baddest Alpha Ape Bundle.
What Is BabyDogeCz (DOGECZ )? Complete Guide Review About BabyDogeCz
What Is BabyDogeCz (DOGECZ )? Complete Guide Review About BabyDogeCz
What Is Ava Time (AVTIME)?
What Is Ava Time (AVTIME)? Complete Guide Review About Ava Time.
What Is Astroelon? (ELONONE) Complete Guide Review About Astroelon.
What Is Astroelon? (ELONONE) Complete Guide Review About Astroelon.

Categories

  • AIRDROPS
  • Blockchain News
  • CLOUD MINING
  • COINS
  • Crypto News
  • Exchange
  • ICO
  • Investment
  • NEWS
  • Press Release
  • Uncategorized
  • WALLET
  • Web Hosting

You Might Also Enjoy

What Is Fiola (FLA)?
COINS

What Is Fiola (FLA)? Complete Guide Review About Fiola.

5 Min Read
READ MORE
What Is CSP DAO (NEBO)?
COINS

What Is CSP DAO (NEBO)? Complete Guide Review About CSP DAO.

5 Min Read
READ MORE
What Is Mars Network (MARS)?
COINS

What Is Mars Network (MARS)? Complete Guide Review About Mars Network.

5 Min Read
READ MORE
What Is Cryptochrome (CHM)?
COINS

What Is Cryptochrome (CHM)? Complete Guide Review About Cryptochrome.

6 Min Read
READ MORE
Load More
Subscribe to Our Newsletter
Get Crypto News Crypto Articles & Interesting Facts Directly To Your Email Subscribe Wootfi Email Newsletter Now For Enjoy Our Service

We Provide Tips ,Review About Crypto ,And Guide Information.Founded In 2020 By Wootfi Mile, Wootfi Has Come A Long Way From Its Beginnings In [Singapore]. When [Wootfi Mile] First Started Out, [For] Passion For [Cryptocurrency Product”] Drove Them To [Action: Quit Day Job, Do Tons Of Research, Etc.] So That Wootfi Can Offer You World Best Cryptocurrency Review. We Now Serve Customers All Over The World, And Are Thrilled That We’re Able To Turn Our Passion Into Our Own Website.

Top Trending Catlog

  • AIRDROPS144
  • Blockchain News1
  • CLOUD MINING20
  • COINS4,268
  • Crypto News2
  • Exchange111
  • ICO439
  • Investment101
  • NEWS1
  • Press Release223
  • Uncategorized35
  • WALLET60
  • Web Hosting87

Search Article By Date

June 2022
MTWTFSS
 12345
6789101112
13141516171819
20212223242526
27282930 
« May    

Subscribe Newsletter

Get our latest news straight into your inbox

Please input your email address. That email is already subscribed. Your address has been added.
wootfi wootfi
  • About Wootfi
  • Advertisement
  • Disclaimer
  • Term Of Use
  • DMCA
  • Privacy Policy
  • Cookies Policy
  • Sitemap
  • RSS Feeds
  • Contact Us

©2021 Wootfi made with Love, powered by Digix.

Wootfi.com is an entertainment and opinion provider. We Are not a broker/dealer, or an investment advisor. This is not a service for the giving or receiving of financial or investment advice. None of our content constitutes - or should be understood as constituting - a recommendation to enter in any securities, cryptocurrency, or cryptoasset transactions or to engage in any of the investment strategies presented in our discussions or content provided. We do not provide personalised recommendations or views as to whether a stock, cryptocurrency, cryptoasset or investment approach is suited to the financial needs of a specific individual.

Our website uses cookies to improve your experience. Learn more about: Cookie Policy

Accept