SATURN BLACK

Januari 03, 2019

Saturn Black is a crypto currency exchange platform that allows users to be able to exchange atoms directly in crypto assets. The Saturn Black platform is built on the criteria of comfort and credibility, where traders are able to exchange their wallet-to-wallet crypto assets without a reliable third party. Where Saturn has come to create a new market atmosphere that is fluid and guarantees its security on the table, Saturn is also a Trade Exchange Platform and an OTC-appointed Cryptocurrency that stands based on the chain cross exchange protocol. so the Saturn Team has plans to provide P2P exchange services for traders, investors, companies and brokers.

Cryptocurrency seems to be a potential market for investors and traders when Bitcoin reaches extraordinary prices at the end of 2017. Exchange of cryptocurrency occurs by attracting and choosing an exchange platform that can be credited is very important. Because there are a number of incidents of large exchange platforms hacked like Coinrail, BitGrail, Coincheck, Bithumb that create investor anxiety on the cryptocurrency market. In addition, trading fees and withdrawals will prevent large investments in the crypto market. And the delay in withdrawing from the exchange platform is also a problem. The Saturn Black team was aware of the problem so they wanted to provide the best solution to solve it.

As such, Saturn Black will make the entire biological system of the exchange decentralized and in the long run move to the definitive goal of Saturn from decentralized cross-blockchain trade. By making DAO Saturn allow you to end the basic parts of the group, you will have the capacity to vote on key choices such as adding new tokens to the Saturn Protocol. Expand or reduce exchange costs to ensure we stay competitive. Or even pay profits to SATURN holders.

Saturn's benefits

The Swap Protocol was originally only made for atomic exchanges with commissions blockchain transactions only. well, you will find different services at Saturn, where there will be additional commissions,which reaches 0.2% for each exchange transaction, 0.5 - 5% for each counter transaction and 1 - 5% for auction transactions. the final provisions of this commission will be approved at the launch and release of Saturn. in addition, Saturn will provide two-way liquidity for several assets independently. This will provide benefits in the form of price spreads.

Saturn Token

The purpose of issuing Saturn tokens (symbol: XSAT) is to use them as liquidity assets and quote assets on Saturn's platform. In addition, the Saturn team also plans to make XSAT tokens into collateral assets but this decision will be considered later.

The XSAT Token is based on the ERC-20 standard, Ethereum blockchain. Information from XSAT tokens and sales of tokens are as follows:

XSAT Contract Address: 0x0d9e614937a308438337a2999acf64fc86bf098a (Don't send anything to this address! This is not a smart contract.)

XSAT tokens as a standard for liquidity

XSAT tokens are tokens that play an important role in Saturn assigned to Saturn's infrastructure and business model. while the task for Saturn itself is to achieve liquidity tokens, and use tokens as payment instruments that can be used to buy goods.

This XSAT will also be used as a quote asset in the following Saturn services: exchanges and transactions, auctions, and escrow over the counter.

Liquidity of Saturn and XSAT exchange services

provide Team Saturn ideas to provide solutions to secondary demand problems, by sending liquidity to markets with low liquid levels. To implement this concept, Saturn will launch a service that can be used for transactions with crypto assets, the XSAT Token is the main asset that plays an important role in Saturn's exchange service. The feature that Saturn has is that every time an additional asset will be registered, it will be done by determining the assets that the user will claim through voting. Society. Saturn is also a major driver of liquidity at the platform. for this reason, the Team considers every best request that comes from Saturn customers.

Saturn team