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Cryptocurrencies
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Exchanges
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Media
Cryptocurrencies: 22097
Exchanges: 630
Market Cap: $$3.00T
24h Vol: $180.91B
Dominance: BTC: 60.1% ETH: 12.5%
ETH Gas: 29 Gwei
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Open Sesame stands out in this space through its unique approach to handling transaction fees. Every exchange made on the platform generates a 1% fee, which is then used to buy and burn native Open Sesame tokens (OPS). This unique mechanism helps maintain and potentially increase the value of tokens over time.
Open Sesame's native token OPS is built on the ERC20 token standard. The value of OPS is directly affected by the transaction volume of the platform, and the 1% fee for each transaction is used to repurchase and destroy tokens.