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SaplingSAPLING

Rank #2854
$0.00144506▼3.95% in 24 hours

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About Sapling

Sapling is a token launchpad on Solana built around Zcash (ZEC). Every coin launched on Sapling trades against ZEC on Solana, and a share of each coin's trading fees is held in an on-chain vault as that coin's "roots", denominated in ZEC. Holders can burn a coin's tokens to redeem their proportional share of its roots ("harvest"). Sapling's stated goal is to become a fully Zcash-native launchpad on Solana: a path for Solana traders to reach ZEC and Zcash's shielded privacy. $SAPLING is the platform token; 0.50% of every trade on the platform is used to buy $SAPLING and burn it.

Categories: Solana Ecosystem, Launchpad, Solana Token-2022.

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