Sapling SAPLING
SAPLING
0.002137
$
16.33 %
Change 24h
Market Cap
$ 1,669,222
Volume 24h
$ 373,830
Circulating Supply
780,918,326
Total Supply
790,868,705
SAPLING
$
| # | Exchange | Pair | Price | Volume 24h |
|---|
Description
Sapling is a token launchpad on Solana built around Zcash (ZEC). Every coin launched on Sapling trades against ZEC on Solana, and a share of each coin's trading fees is held in an on-chain vault as that coin's "roots", denominated in ZEC. Holders can burn a coin's tokens to redeem their proportional share of its roots ("harvest"). Sapling's stated goal is to become a fully Zcash-native launchpad on Solana: a path for Solana traders to reach ZEC and Zcash's shielded privacy. $SAPLING is the platform token; 0.50% of every trade on the platform is used to buy $SAPLING and burn it.