Get up to $200 for getting started
Coinbase Logo

Keep an eye on SalmonSwap

Get instant alerts for major price changes.

About SalmonSwap

SalmonSwap is a decentralized exchange launched by the TronFi where users can forever earn the TRON tokens (the native token of the TronFi network). TronFi is a blockchain and smart contract development platform. Smart contracts are just like regular contracts, but instead of being drafted on paper, these contracts run in the form of protocols on the blockchain. 

SalmonSwap aims to balance the short-term and long-term interests of liquidity providers and communities by giving out rewards to liquidity providers even if they pull away from their stake from the pool. 

SalmonSwap aims to give liquidity providers a proportionate share of trading fees generated by each liquidity pool. The trading fee is 0.3%, and a part of the fee gets converted into a SAL token, the native token of the SalmonSwap platform. A portion is then distributed among past and existing liquidity providers. Out of the 0.3%, 0.25% is distributed among active liquidity providers, and the remaining 0.05% is distributed among SAL holders. 

To become eligible to receive the 0.05% of the fee, SAL holders need to stake their tokens. The rewards they receive are directly proportional to the amount of SAL tokens staked and total SAL tokens staked. 

Further, 5% of all the minted SAL rewards are allotted to the development fund to ensure the product's long-term practicality and maintain regular updates. The development fund was created to reserve funds for implementing all upgraded features and developments needed to meet the ever-changing needs of users that the community members select through voting. Another 5% of the minted SAL rewards is allocated for the upcoming Pearl Vault. 

Lastly, to ensure the security of the token's contract in the future, the owners of the contract can become eligible to a timelock contract once the project gains stability. The aim of the timelock contract is to publish and delay all actions 48 hours before the actual execution of those actions. 

The maximum total supply of SAL tokens is 500,000,000,000 tokens.

Market

Germany Market Stats

Market cap

-

Volume (24h)

€12,932.32

Circulating supply

-

All time high

€242.78

Price change (1h)

+0.05%

Price change (24h)

-0.08%

Price change (7d)

-6.88%

Germany News about SalmonSwap

BeInCrypto • Apr 29, 24

Landvault’s Spinoff Matera Raises $3.6m Round to Bring Defi for Creators

Web3 foundation Matera announced it has raised $3.6m in a strategic token round, reserved to future users of the Matera technology. Investors include Sidedoor Ventures, backers of Sui’s Mysten Labs and Polygon; OG crypto syndicates HighCass Crypto and Medusa Ventures, metaverse project The Sandbo...

Read more

News Article Image

CoinDesk • Apr 29, 24

Bitcoin ETF Slowdown Is a Short-Term Pause Not the Beginning of a Negative Trend: Bernstein

Investment platforms will take some time to establish the necessary compliance framework to sell bitcoin ETF products, the report said.

Read more

News Article Image

The Block • Apr 29, 24

What is Bitcoin dominance?

The interplay between Bitcoin dominance and the performance of altcoins is complex and multifaceted, reflecting sentiment and positioning.

Read more

News Article Image

CoinDesk • Apr 29, 24

South Africa’s Election Won’t Interfere With Crypto Policy: Industry Watchers

South Africa's upcoming election isn't expected to derail the country's agenda for digital assets, several members of the crypto community told CoinDesk.

Read more

News Article Image

CoinDesk • Apr 29, 24

Australian Securities Exchange Could Approve Spot-Bitcoin ETFs Before 2024-End: Bloomberg

The Australian Securities Exchange (ASX), which accounts for 90% of Australia's equity market, is expected to approve the first spot-Bitcoin {BTC} exchange traded funds (ETFs) before the end of 2024, Bloomberg has reported, citing people familiar with the matter.

Read more

News Article Image

Unchained • Apr 29, 24

Optimism Patches Issues With Testnet Fraud Proofs After Alert From Offchain Labs

OP Labs, the entity behind the Ethereum layer 2 network Optimism, has patched two vulnerabilities with the fraud proof system deployed on the testnet. The fix was disclosed by Offchain Labs, the developers of Arbitrum, another popular layer 2 network that is widely considered to be a competitor t...

Read more

News Article Image

Related Assets

Trending assets

Assets with the biggest change in unique page views on coinbase.com over the past 24 hours.

Popular cryptocurrencies

A selection of cryptocurrencies in the top 50 by market cap.

Recently added

A selection of the most recently added cryptocurrencies.

Advanced trading

Here is a selection of spot and futures markets that people watch

Coinbase Bytes

Coinbase Bytes

The week’s biggest crypto news, sent right to your inbox

SalmonSwap is on the decline this week.

The price of SalmonSwap has increased by 0.05% in the last hour and decreased by 0.08% in the past 24 hours. SalmonSwap’s price has also fallen by 6.88% in the past week. The current price is €0.92 per SAL with a 24-hour trading volume of €12.93K. Currently, SalmonSwap is valued at 99.62% below its all time high of €242.78. This all-time high was the highest price paid for SalmonSwap since its launch.

The current circulating supply of SalmonSwap is 0 SAL which means that SalmonSwap has as total market cap of 0.

FAQ

What is the current price of SalmonSwap?

We update our SalmonSwap to EUR currency in real-time. Get the live price of SalmonSwap on Coinbase.

What is the market cap of SalmonSwap?

The current market cap of SalmonSwap is €0.00. A high market cap implies that the asset is highly valued by the market.

What is the all time high of SalmonSwap?

The all-time high of SalmonSwap is €242.78. This all-time high is highest price paid for SalmonSwap since it was launched.

What is the 24 hour trading volume of SalmonSwap?

Over the last 24 hours, the trading volume of SalmonSwap is €12.93K.

How many SalmonSwap are there?

The current circulating supply of SalmonSwap is 0.

Can I buy SalmonSwap on Coinbase?

No, SalmonSwap is not currently available on Coinbase, but you can sign up to get the latest news on SalmonSwap and be notified when it gets added to our exchange.

Discover ENS Profiles

Navigate the world of Ethereum Name Service (ENS) profiles. Connect, learn, and engage with the web3 community on profile.coinbase.com. Check out some of the most popular ENS profiles below.