Ninjastic
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Board Announcements (Altcoins)
Re: [ANN] Swaap | Enabling individuals and companies to do business globally
by
Swaap
on 24/02/2021, 00:53:13 UTC
Quote from: bittick on Today at 12:27:44 AM
Quote from: Swaap on February 21, 2021, 09:53:01 AM
Quote from: Dron Pelya on February 21, 2021, 09:46:23 AM
It's nice to read that swaap team is working. And I think, if they really make easier way to mint SAP through Nova Bank, paying with credit card, will incrase interest to swaap project. Let's see...

Hi, thanks for your comment. You can already pay for SAP and SAPG with your debit or credit card on Nova Bank Wink the process is seamless, and your coins are credited in your account as soon as your payment is confirmed.
does SAPG will be totally pegged with SAP? I have also another question about that whether SAP backed by something like USD to make it stable or not? I really appreciate your answer dude. Thank you so much

Swaap Governance (SAPG) is not pegged. Is our governance token and its value will be the one determined by the market. Swaap Stablecoin (SAP) on the other hand, is pegged to the USD and fully backed. The target is to keep each SAP to be worth one USD, and we have been very successful on doing it to date. Yesterday's crash was a big test, and coin still kept its peg. You are also able to convert your SAP into fiat using Nova Bank. The platform is already operating and you can get in and out SAP any time you want.

To check on SAP price etc: https://www.coingecko.com/en/coins/swaap-stablecoin

We are also offering a range of staking and saving options to our token holders, with APYs ranging from 5.5% up to 10%. Please visit https://www.swaap.org/earn for more info, and for understanding how you can earn your tokens, if you can't purchase any just now.