Important Notice
Deposits and withdrawals are not currently available for this coin.
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.
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.
Spaceswap SHAKE has several potential use cases, particularly in the realm of DeFi. These include:
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.