Shard Token: Ecosystem, How To Use, Shard Crypto Future Prospects, SHARD Coin Price Prediction, And The Best Shard Coin Exchange
Shard is a decentralized open-source project on Ethereum and the Binance Smart Chain. It lets everyone access opportunities provided by blockchain technology, which is needed for advancing cryptocurrency accessibility, decentralization. and interoperability. This project has a native token, SHARD.
Infinity Protocol
Infinity Protocol is one of the major parts of the Shard ecosystem, as it’s building the core for DeFi. Now, it’s executed across the Binance Smart Chain. However, Shard coin developers point out that there will be more chains, including Ethereum, Polkadot, and Polygon.
Another advantage of this protocol is that it removes the need for trusted intermediates. It’s implemented as a set of smart contracts on decentralized public blockchains. Everyone can access these contracts, not depending on any third parties.
SHARD Tokenomics
SHARD has a limited supply of 210 million tokens, which decreases inflation risks. 80 million of this sum were minted in the following way:
- 30 million for swapping all legacy SHARD to Bitcoins and Ethereum tokens.
- 44 million are locked for being released linearly for the next 4 years, which is required for ensuring long-term growth.
- 6 million for initial initiatives, including SHARD staking, airdrops, and grants.
According to the SHARD team, the maximum limit will be reached in 48 years after the initial release, and 1% of the current token supply is minted into the community-governed treasury
How To Use SHARD Coin?
The primary benefit of SHARD for its holders is its utility. This cryptocurrency has several use cases, including:
- Whitelisting. All cryptocurrencies can be added to the Infinity platform. The only requirement is Shard burning. Next, holders need to vote if a particular token can appear on the platform.
- Governing. SHARD holders decide how this token will change. They can also govern the updates on the protocol, wallet, and other parts of the ecosystem.
- Receiving extra for providing liquidity. Liquidity providers may stake their liquidity tokens. After that, they get rewards in SHARD.
Besides, there is a Grant Program, starting with 2 million tokens. Project owners launch it for supporting a greater number of dApps. Their development is a way to advance the Infinity ecosystem and expand SHARD use cases.
Where To Hold SHARD Token?
SHARD token founders ensure the security of its community by offering holders a multifunctional Infinity Wallet. Thanks to a user-friendly interface, it allows beginners to access the market, exchange tokens, and send payments worldwide.
Furthermore, this wallet decreases the risks due to private keys and lets holders access many digital assets. Except for SHARD, there are BTC, ETH, USD, XRP, and others.
Now Shard founders offer only a desktop version. However, soon they plan to release Android and iOS mobile wallets with the same features, which will let users monitor their portfolios with no access to their PCs.
Shard Crypto Future Prospects
There will be the release of the Infinity Protocol V2. As developers promise, it will have margin and decentralized index trading, liquidity order integration for expanding the available options for all traders in pool liquidity.
Moreover, SHARD founders plan to launch an NFT marketplace, which will provide artists benefits for creating and trading unique non-fundable tokens. There will also be Infinity games with features, adding more utility to SHARD.
SHARD Coin Price Prediction
Experts believe in this token, having a positive SHARD coin price prediction. As for PricePrediction , its price will hit $0.22 at the end of 2022. DigitalCoinPrice supposes it will get over $0.19 by the same time.
Should I Buy SHARD Coin?
Overall, SHARD is promising for long-term investors thanks to unique Infinite Protocol features, limited supply, and expansion plans. By developing games and releasing an NFT marketplace, it’ll attract more community members.
The Best Shard Coin Exchange
StealthEX is a non-custodial SHARD coin exchange with over 400 tokens for fast and secure transfers. Provide only general information and buy crypto in minutes.
How to buy Shard coin? Just go to StealthEX exchange and follow these easy steps:
- Choose the pair and the amount for your exchange. For example, ETH to SHARD coin.
- Press the “Start exchange” button.
- Provide the recipient address to which the coins will be transferred.
- Move your cryptocurrency for the exchange.
- Receive your coins!
You are more than welcome to visit the StealthEX exchange and see how fast and convenient it is.
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Originally published at https://stealthex.io.
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