-
Sapphire Presale
Why SapphireDAO in the first place?
Let's look at stable coins. What are stable coins? Stablecoins refer to cryptocurrencies that derive their value from some external underlying asset like the dollar. For example 1 BUSD =1 USD. These coins are useful in shielding crypto investors from losses as a result of market volatility.
However, their downside is that since they are pegged to the dollar, the depreciation of the dollar also means a depreciation of these stablecoins. SAPPHIRE DAO aims to address the shortcomings of stablecoins by creating a free-floating reserve currency, Sapphire, that is backed by a basket of ASSETS. By focusing on supply growth rather than price appreciation, SAPPHIREDAO hopes that Sapphire can function as a currency that is able to hold its purchasing power regardless of market volatility.
How do you participate as an early investor in sapphireDAO?
As an earlier investor, you participate by buying SAPPHIRE at a discounted price at PRESALE. At launch make a decent profit and thereafter experience crazy returns on staking SAPPHIRE.
