Singapore, 20th Aug 2022, SnoopApe team is proud to announce the launch of $SAPE that will be happening in 2 / 3 months time and the whitelist subscription is currently open.
SnoopApe is a revolutionary Ecosystem developed using the latest Web3 technology catered specifically to generate passive income, by holding SnoopApe, holders will receive USDC as a reward.
SnoopApe was ultimately derived from the observation of numerous errors that contributed to the downfall of tokens on BSC and ETH in the past year.
SnoopApe team have worked in total silence for approximately 6 months, drafting out a study plan and the development of the most crucial part which is their dApp and tokenomics.
Their tokenomics is the outcome from comprehensive study,
analyzing and calculation based on more than 15 different tokenomics.
Upon going through their self-explanatory roadmap and whitepaper, it is apparent that this project has the potential to be successful and go far in the long run.
SnoopApe team will be providing their investors a platform with functions such as:
- Home Center with reward tracker, news feed and chart
- NFT Mint
- NFT Staking
SnoopApe offers a revolutionary staking system with a fixed APY. Holders have the option to enter a pool and lock their tokens for a duration of 30/60/90/120 days.
The APY value correlates with its lock duration hence a longer lock period will yield a higher APY.
It is possible to claim (harvest) the farmed tokens within their taking platform once the lock period has been fulfilled.
Holders who wish to continue staking and reinvesting may choose to compound their farmed tokens at any given time which in return would increase the APY.
This Staking platform is also designed to distribute rewards in USDC to SnoopApe holders based on SnoopApe’s trading volume.
SnoopApe was born with a very specific objective, that is to offer holders with 360-degree services.
Upon consideration, they felt that it is essential to incorporate SnoopApe with NFT Utilities.
The NFTs were designed with passion and they’re not only beautiful but they also provide good return of investment to their holders from staking.
The collection is supplied by 10K NFTs
Staking of NFT(s) on $SAPE dashboard and its fairly simple and direct. Mint SnoopApe NFTs and stake them to receive SnoopApe tokens which you can claim to use or add them into the staking pool for more tokens.
More information from the project can be found on their website and social profiles below:
“Our key objective is to have everything completed before launch and without empty promises!”
-SnoopApe Core Team Member
Contact Person: Media Relations
Email: Send Email
The post SnoopApe – a Crypto DeFi project developed using the latest Web3 technology launching soon appeared first on King Newswire.
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Stock Invest journalist was involved in the writing and production of this article.