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Sapphire DAO!
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Sapphire Token listing happening soon
Don’t be left behind! Sapphire Token to be listed on the most popular Decentralised Exchange
Days
Hours
Minutes
Seconds
$10
5%
5%
Listing Price
About
What is Sapphire Dao?
Sapphire Dao is a decentralized protocol based on the SAP token – collateralized and backed by the Sapphire DAO. Sapphire will be the reserve currency on Binance Smart Chain. In order to maintain price stability Sapphire Dao will use the Algorithmic Reserve Currency algorithm and will also be supported by other decentralized assets.

Sapphire DAO consists of its protocol managed treasury, protocol owned liquidity, bond mechanism (minting), and high staking rewards that are designed to control supply expansion.

01

Connect Wallet

After listing: buy Sapphire token via DEX Link https://sapphireswap.finance/ in Trust Wallet or Web browser.
02

Locate your wallet

Choose your preffered wallet.
03

Buy

Purchase Sapphire-a reserve currency backed by other decentralized assets
Our Token
What is Sapphire Token?
Decentralized
Easy
Transactions
Secure
and private
Outsized Returns
Inflation Hedge
Sapphire is backed, not pegged
Sapphire aspires to become an algorithmic reserve currency backed by other decentralized assets. Similar to the idea of the gold standard, Sapphire provides free-floating value its users can always fall back on, simply because of the fractional treasury reserves Sapphire draws its intrinsic value from.
Each Sapphire is backed by 1 BUSD, not pegged to it. Because the treasury backs every Sapphire with at least 1 BUSD, the protocol would buy back and burn Sapphire when it trades below 1 BUSD. This has the effect of pushing Sapphire price back up to 1 BUSD. Sapphire could always trade above 1 BUSD because there is no upper limit imposed by the protocol. Think pegged == 1, while backed >= 1.
You might say that the Sapphire floor price or intrinsic value is 1 Sapphire. We believe that the actual price will always be 1 BUSD + premium, but in the end that is up to the market to decide.
Sapphire token to be listed soon on the most popular DEX!
Token sale term
  • Name:Sapphire
  • Fixed Limit:500,000 BUSD
  • Soft Cap:100,000 BUSD
  • Exchange:1 SAP = 7 BUSD
  • Currency:BUSD
  • Min Purchase:1 SAP / 7 BUSD
  • Ends:April 30
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Expected Sales
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Expected Sales
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Expected Sales
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Expected Sales
1 SAP = 0.00018 BTC
Fund distribution
$0.04 - Coin price
10 million Hard Cap
150 million Token sale
350 million Token
Token distribution
1% Founders
4% Team
25% Initial DEX Liquidity
70% Presale Distribution
Roadmap
Our Strategy and Project Plan

JANUARY-FEBRUARY 2022

Sapphire DAO Token Presale
Requirement gathering by a suggestion voting system
Sapphire DAO Launch
‍Smart Contract Audits.

MARCH-MAY

Marketing initiatives to grow the community
‍Update dashboard with more information & graphics
Sapphire DAO NFT Whitelist process
‍Sapphire DAO NFT Launch
‍NFT Stake for higher APY.

JUNE 2022

Listing on centralized exchanges
Sapphire DAO Bank : Lending & Borrowing protocol
SapphirePAY development
More bond offerings..

FURTHER ROADMAP

Sapphire DAO Launchpad to incubate innovative startups
‍Sapphire DAO BridgeCross Chain Expansion..

QUARTER 3 2022

New developments to be Unveiled.

QUARTER 4 2022

New developments to be Unveiled.

QUARTER 1 2023

New developments to be Unveiled.

  • MARCH-MAY 2022

    Sapphire DAO Launch
    Marketing initiatives to grow the community
    ‍Update dashboard with more information & graphics
    Sapphire DAO NFT Whitelist process
    ‍Sapphire DAO NFT Launch
    ‍NFT Stake for higher APY.

  • FURTHER ROADMAP

    Sapphire DAO Launchpad to incubate innovative startups
    Sapphire DAO BridgeCross Chain Expansion.

  • Quarter 4 2022New developments to be Unveiled.
  • JANUARY-FEBRUARY 2022


    Sapphire DAO Token Presale
    Requirement gathering by a suggestion voting system
    Smart Contract Audits.

  • JUNE 2022Listing on centralized exchanges
    Sapphire DAO Bank : Lending & Borrowing protocol
    SapphirePAY Development
    More bond offerings.
  • QUARTER 3 2022New developments to be Unveiled.
  • QUARTER 1 2023New developments to be Unveiled.

SAP token listing price
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BUSD

Sapphire Defi Community
0
+

Supported countries
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Our Team
Meet of Professionals
Our Advisors
Guarantee Of The Project Success
2 (Demo)
Steven Beals
Co-founder, VP Marketing

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3 (Demo)
Emerson Anderson
Co-founder

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Partners & Supporters
We Collaborate Only With The Best
Trust – Ethereum Wallet

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Hade Platform

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ICO Box

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Documents

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FAQ
Frequently Questions

Dollar-pegged stablecoins have become an essential part of crypto due to their lack of volatility as compared to tokens such as Bitcoin and Ether. Users are comfortable with transacting using stablecoins knowing that they hold the same amount of purchasing power today vs. tomorrow. But this is a fallacy. The dollar is controlled by the US government and the Federal Reserve. This means a depreciation of dollar also means a depreciation of these stablecoins.
Sapphire DAO aims to solve this by creating a non-pegged stablecoin called SAP. By focusing on supply growth rather than price appreciation, Sapphire DAO hopes that SAP can function as a currency that is able to hold its purchasing power regardless of market volatility.

No, SAP is not a stablecoin. Rather, SAP aspires to become an algorithmic reserve currency backed by other decentralized assets. Similar to the idea of the gold standard, SAP provides free-floating value its users can always fall back on, simply because of the fractional treasury reserves SAP draws its intrinsic value from..

Each SAP is backed by 1 BUSD, not pegged to it. Because the treasury backs every SAP with at least 1 BUSD, the protocol would buy back and burn SAP when it trades below 1 BUSD. This has the effect of pushing SAP price back up to 1 BUSD. SAP could always trade above 1 BUSD because there is no upper limit imposed by the protocol. Think pegged == 1, while backed >= 1.
You might say that the SAP floor price or intrinsic value is 1 PD. We believe that the actual price will always be 1 BUSD + premium, but in the end that is up to the market to decide.

There is no clear answer for this, but the intrinsic value can be determined by the treasury performance. For example, if the treasury could guarantee to back every SAP with 100 BUSD, the intrinsic value will be 100BUSD. It can also be decided by the future DAO. For example, if the DAO decides to raise the price floor of SAP, its intrinsic value will rise accordingly.

At a high level, Sapphire DAO consists of its protocol managed treasury, protocol owned liquidity, bond mechanism (minting), and high staking rewards that are designed to control supply expansion.
Bonding in the “Mint” page generates profit for the protocol, and the treasury uses the profit to mint SAP and distribute them to stakers. With LP bond, the protocol is able to accumulate liquidity to ensure the system stability.
.

Partners & Supporters
We Collaborate Only With The Best
Trust – Decentralized Wallet

Access Sapphire Dapps via Trust wallet.
Send, Receive & Trade Sapphire

BSC – Decentralised Network

Sapphire Dapps are built on
Binance Smart Chain.

Metamask – Decentralized Wallet

Send, Receive and Trade Sapphire.
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