What is RibeSwap (SKOLL)

SKOLL (SKOLL/USDT – Trade it here) is the first token to launch on RibeSwap (powered by Ethereum) as a part of the Hati ecosystem and functions as a utility token for the DEX and Launchpad. Ribe Swap is a DEX that aims to solve the issues of accessiblity and efficiency in current Defi landscape with the powers of decentralization. This article explores the core features and overall tokenomics of SKOLL (plus ways of how buy and earn SKOLL on MEXC).

RibeSwap (SKOLL) Logo
RibeSwap Logo from Coin Carp

Core Features of RibeSwap

RibeSwap is inspired by the ancient Nordic myths and their elements of community-building and risk-taking.

  • Buyback Protocol Distinction. Typical buyback functions have required the burning of accumulated tokens and thus fouling the token’s performance. Ribe Swap accumulates ETH within the contract ready to facilitate buybacks and sustain protocols. Project founders will also now be able to use these funds for development and marketing.
  • Native MEV Function. Ribe Swap offers native MEV protection for all listed projects. Bots are no longer able to execute front-running strategies to extract value since there is an inherent mandated delay between buy and sell transactions.

SKOLL Tokenomics

There is a total supply of 333 trillion SKOLL tokens.

Transactions fees on the Hati ecosystem is broken down as below:

  • 0.1% HATI Warchest – Deployable funds as directed by NFT Holders
  • 0.1% NFT Holders – As our elite force, the Berserkers earn a share of spoils
  • 0.1% LP Providers – Afforded to supporters of the ecosystem

How to buy SKOLL?

Looking for how to buy SKOLL? You can purchase SKOLL token on MEXC following the steps:

  1. Log in to your MEXC account and click [Trade]. Click on [Spot].
  2. Search “SKOLL” using the search bar to see the available trading pairs. Take SKOLL/USDT as an example.
  3. Scroll down and go to the [Spot] box. Enter the amount of SKOLL you want to buy. You can choose from opening a Limit order, a Market order or a Stop-limit order. Take Market order as an example. Click [Buy SKOLL] to confirm your order. You will find the purchased SKOLL in your Spot Wallet.

For the comprehensive guide on how to buy SKOLL and other available tokens, please visit special MEXC How to Buy Guides Section.

Recent SKOLL Token Price & Performance

SKOLL reached the highest price (ATH) of 0.000000000393 USDT on July 8th, 2022. The lowest price of FTM since the ATH date was 0.00000000001696 USDT on July 19th, 2022.

SKOLL Token Staking

On MEXC you can periodically stake SKOLL and other tokens via MX DeFi event plus other staking products with flexible and fixed APYs. You can check the availability of SKOLL Token staking option here.

Interested in projects like RibeSwap?

MEXC lists moonshot and provides access to trading of major crypto coins like SKOLL, keep an eye on our listings in Innovation and Assessment zones, as well as major tokens in the Main Zone – we have more great projects to come! Also, visit the hot projects section to find more hot tokes that were listed already. If you would like to know more about crypto trading itself visit MEXC Academy.

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