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SatoshiStreetBets reddit group launches its SAS token Sabre | InCoin Eng (crypto news)

SatoshiStreetBets reddit group launches its SAS token

Sabreddit group SatoshiStreetBets, which is positioning itself as "the crypto version of WallStreetBets," is preparing to launch its own token for members.

SatoshiSwap (SAS) tokens will be distributed based on members' votes. Also, will be launched on the Sushiswap and Uniswap exchanges and distributed to liquidity providers.

The tentative launch time for the token is February, no specific date yet.

SatoshiStreetBets moderator u/little-eagle described several reasons for creating the token:

"The Decentralized Exchange Marketplace (DEX) is shaping up to be wildly successful and profitable. However, there are glaring problems that need to be solved - high gas prices, scalability issues, lack of interoperability, lack of margin trading, etc. We can make a difference and offer our own fresh perspectives."