SnapEx has achieved $96,795,992.86 in trading volume for the month of February, just 3 million short of unlocking the next tier. The trading volumes dropped slightly from the previous month due to several factors, one of the major reasons being the celebration of Lunar New Year in several major Asian countries, where most of our users are based at. Traditionally, traders are less active during this festive period. For full token information, please click here
During this period, we launched Snap Swap and Snap Launch. People can now swap between USDT and SNAP Tokens on Snap Swap without worrying about high gas fees anymore. As for Snap Launch, STRT Button has picked SnapEx as one of their launchpad partners. The IDO will take place at 1 pm, 18th March 2022 (UTC+0).
The second token burns have also been carried out. A total of 847K SNAP Tokens have been repurchased and burned through the two rounds of tokens burn. The next round of Token Burn is expected to take place soon.
With the new features and more partnerships in place, we are very optimistic and looking forward to the next period.