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Cryptocurrencies
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Exchanges
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Media
Cryptocurrencies: 23219
Exchanges: 112
Market Cap: $$2.92T
24h Vol: $77.16B
Dominance: BTC: 64.4% ETH: 7.5%
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.