Buy Spaceswap SHAKE (SHAKE)
What is Spaceswap SHAKE?
Spaceswap SHAKE is a cryptocurrency that is part of the SpaceSwap ecosystem. It operates within a tokenomics system shared with SpaceSwap Milk2 (MILK2). SHAKE is designed to create a financial ecosystem that leverages DeFi (Decentralized Finance) innovations and provides features such as exclusive benefits for holders. The coin can be obtained by exchanging MILK2 for SHAKE, with its supply capped at 5,000 tokens.
How does Spaceswap SHAKE work?
Spaceswap SHAKE functions as part of a broader financial ecosystem supported by the SpaceSwap platform. Notably, it utilises "Shadow Staking" technology, allowing users' liquidity provider (LP) tokens to remain in their personal wallets while their liquidity contributes to partner exchanges. This approach is intended to mitigate cyber hijack attacks on liquidity. SHAKE operates on the Ethereum blockchain and employs elements of DeFi to enable secure and efficient management of LP tokens.
What are the potential use cases for Spaceswap SHAKE?
Spaceswap SHAKE has several potential use cases, particularly in the realm of DeFi. These include:
- Yield farming and staking, enabling users to earn passive income.
- Serving as a liquidity provision mechanism on DeFi platforms.
- Providing exclusive club benefits for holders within the SpaceSwap ecosystem. SHAKE is mainly utilised in industries related to DeFi and cryptocurrency trading and exchange.
What is the history of Spaceswap SHAKE?
Spaceswap SHAKE was launched on September 10, 2020, as a part of the SpaceSwap platform. The project was initiated by Dan Khomenko, with the technology and ecosystem evolving to include features such as "Shadow Staking" and integration with various exchanges and platforms for trading and staking. While significant technological innovations have been introduced, there are no specific updates or forks currently documented in the available sources. The presence of SHAKE on platforms like CoinMarketCap reflects its growing market presence.
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Frequently Asked Questions (FAQs)
What is the current price of Spaceswap SHAKE (SHAKE)?
The Spaceswap SHAKE price is $30.29 AUD, representing a -6.56% from the day prior.
Where is the best place to buy Spaceswap SHAKE (SHAKE) in Australia?
The best place to buy Spaceswap SHAKE (SHAKE) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell Spaceswap SHAKE (SHAKE) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.
What is the daily trading volume of Spaceswap SHAKE (SHAKE)?
The trading volume of Spaceswap SHAKE (SHAKE) is $32 AUD in the last 24hrs, representing a -6.56% from the day prior.
How can I buy Spaceswap SHAKE (SHAKE)?
Spaceswap SHAKE (SHAKE) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.
What is the market cap of Spaceswap SHAKE (SHAKE)?
The current market cap of Spaceswap SHAKE (SHAKE) is $24.4K AUD.
Can I convert Spaceswap SHAKE (SHAKE) to cash?
Yes - With Coinstash you can convert your Spaceswap SHAKE (SHAKE) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
How many Spaceswap SHAKE (SHAKE) are there?
The current circulating supply of Spaceswap SHAKE (SHAKE) is 759.
Is Coinstash a safe place to buy Spaceswap SHAKE (SHAKE) in Australia?
Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling Spaceswap SHAKE (SHAKE) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices.