Introduction

SaxumDAO is a decentralized finance (DeFi) platform that offers a range of products designed to revolutionize the world of finance. SaxumDAO is built on the Polygon network, which allows for fast and low-cost transactions, making it an ideal platform for DeFi applications.

In this article, we will take a closer look at SaxumDAO and its products and explain why it is the platform to watch in the world of DeFi.

What is SaxumDAO?

SaxumDAO is a decentralized autonomous organization (DAO) that is built on the Polygon network. It is a platform that allows users to access a range of DeFi products that are designed to provide financial services to people around the world. SaxumDAO is a fully decentralized platform, which means that it is not controlled by any single entity, making it transparent, secure, and resistant to censorship.

The SaxumDAO team is dedicated to creating a decentralized financial ecosystem that is accessible to everyone, regardless of their background or financial status. The platform is built on the principles of trust, transparency, and community and aims to empower people to take control of their financial future.

SaxumDAO Products

SaxumDAO is a decentralized finance (DeFi) platform that offers a range of services to users, including swapping, liquidity lock management, NFT collectibles, farming, and staking. With a focus on community-driven governance, SaxumDAO is an innovative platform that provides users with a safe and transparent way to engage in the DeFi ecosystem.

1. Saxum Token (SXM)

The Saxum token (SXM) is the native token of the SaxumDAO platform. It is an ERC-20 token that is used to power the platform and provides holders with various benefits, such as staking rewards, reduced fees, and access to exclusive features.

The total supply of SXM is 1 billion, and the token is designed to be deflationary, meaning that the supply will decrease over time as tokens are burned. The Saxum token is going to be listed on various CEX and decentralized exchanges (DEXs), making it easily accessible to investors.

2. SaxumSwap

SaxumSwap is a decentralized exchange (DEX) built on the Polygon network that allows users to swap ERC-20 tokens in a peer-to-peer manner without intermediaries. SaxumSwap features a user-friendly interface and enables fast and secure transactions with low fees. The exchange is powered by automated market-making (AMM) algorithms, ensuring liquidity for all trading pairs.

Users can connect their wallets to SaxumSwap and trade tokens with ease. The exchange also features advanced trading functionalities such as limit orders and stop-loss orders, which allow traders to execute their trades automatically when certain price conditions are met. SaxumSwap also offers liquidity provider (LP) rewards, incentivizing users to provide liquidity to the platform. SaxumSwap is powered by the SaxumDAO native token, SAXUM, which can be used to provide liquidity to the platform and earn rewards.

3. Saxum Liquidity Lock Manager

SaxumDAO’s Automated Liquidity Lock Manager is a unique tool that helps ensure the safety of liquidity providers on the platform. By locking liquidity in a smart contract, the platform guarantees that the liquidity will remain accessible and cannot be removed or manipulated by anyone, including the SaxumDAO team. The automated process removes the need for manual intervention, reducing the risk of human error or malicious activity. This feature ensures that the community’s investment in the platform is protected and enhances overall platform security.

4. SaxumDAO’s NFT collectibles

In addition to the swapping and liquidity lock management services, SaxumDAO also offers NFT collectibles. These digital assets represent a unique piece of the SaxumDAO ecosystem and can be used for a variety of purposes, including as a means of exchange or as a store of value. With the growing popularity of NFTs in the cryptocurrency space, SaxumDAO’s NFT collectibles offer an exciting opportunity for users to engage with the platform in a new and innovative way.

5. Farming

SaxumDAO also offers farming opportunities, allowing users to earn rewards for providing liquidity to the platform. By staking their LP tokens, users can earn additional SAXUM tokens, providing an additional source of passive income. The platform’s farming service offers high-yield returns and is an excellent way for users to benefit from the platform’s growth.

6. Staking

Finally, SaxumDAO’s staking service offers users the opportunity to earn passive income by staking their SAXUM tokens. By locking their tokens in the SaxumVault, users can earn a share of the platform’s transaction fees, providing a steady source of income. Staking is an excellent way for users to contribute to the platform’s growth while earning rewards for their participation.

Team

SaxumDAO is led by a talented team of professionals with a wealth of experience in the cryptocurrency and blockchain spaces. At the helm of the company is the CEO, a computer science graduate, and a seasoned entrepreneur with a deep understanding of the industry. The team is passionate about building a decentralized finance platform that offers users a range of innovative products and services. The team’s commitment to transparency, security, and community-driven governance is evident in every aspect of the platform, and they are dedicated to providing users with the best possible experience. With a focus on collaboration and innovation, the SaxumDAO team is committed to building a platform that will have a positive impact on the DeFi ecosystem and the wider cryptocurrency industry.

Conclusion

In conclusion, SaxumDAO is an exciting DeFi platform that offers users a range of innovative products and services. With a suite of tools that include swapping, liquidity lock management, NFT collectibles, and staking opportunities, SaxumDAO is well-positioned to revolutionize the DeFi landscape. The platform is built on a foundation of transparency, security, and community-driven governance, and is backed by a talented and experienced team. By joining the SaxumDAO community and buying the native token, investors can gain access to exclusive benefits, such as reduced fees, early access to new products and features, and the ability to participate in community-driven governance. Furthermore, SaxumDAO has a long-term vision for the future of the DeFi space and is committed to driving innovation and collaboration within the industry. As such, investors who join the community and buy the token stand to benefit from the growth of the platform and the wider cryptocurrency industry. We invite you to explore SaxumDAO and join our community as we work towards a more decentralized and equitable financial future.

Check our Whitepaper: https://saxumdao.gitbook.io/project-saxum/

Official Website: https://www.saxumdao.com/

Social Madia (Community)

Twitter:  https://twitter.com/saxumdaoglobal

Telegram: https://t.me/saxumdao_dex

Facebook: https://www.facebook.com/saxumdao

Discord: https://discord.gg/vxTY8NxN

At the time when the digital world is going omnipresent around the world, issues related to data theft, scams, hacks, ransomware, malware, etc. are also exponentially increasing. –And that is why being aware of the tips and habits to stay safe online is very important.

When you are browsing any site, you don’t want your information to get leaked.

But numerous hackers are waiting for hacking your details. The only way to protect your sensitive content is to take care of your privacy and to stay safe online.

So, without any further ado, let us get started with some of the best ways that can help you to stay safe online in the best possible manner.

10 Best Ways to Stay Safe Online 

1. Stop using Public WiFi for sensitive stuff 

Everyone likes Free WiFi, but only some are aware that it can be harmful to your details.

Safe browsing is essential; similar is secure WiFi. When you are out and are using public WiFi, never share Credit Card Numbers Bank Account Details or Login Credentials.

It can be hacked easily, and your privacy can be lost. If you need to check, Email or Bank account details, go for using it by Mobile Data instead of using Free WiFi. This will, for sure help you to stay safe online.

2. Use Virtual Private Network (VPN)

VPN will ensure nobody can see what you are browsing on the Internet.

Communication is fully encrypted and surveillance proof. Even if you are using Unsecured Free WiFi, your privacy isn’t lost. It won’t let others keep an eye on your conversation or personal matters.

Using a VPN is one of the most efficient sources to secure your privacy and to stay safe online.

It also prevents any would-be cybercrime on your computer by hiding your sensitive information.

3. Ignore Spam Emails 

Stop interacting with Spam emails; there is a higher risk of falling into the trap.

Spam emails can be recognized as there is a separate folder in your email account for it. Sometimes even your valuable messages or documents are transferred to Spam, but not all of them are important. Try to stay away from these spam messages.

Sometimes a hacker might pretend to be a CEO and ask you for your details. Some messages can be about installing malicious software on your computer.

Someone can pretend to be from a bank and ask for your bank account details, stay alert. Mostly, spam messages have lots of grammatical errors; don’t fall for them to stay safe online.

4. Use complicated, robust and strong Passwords

Passwords are crucial for your safety online. Instead of using a small and secure password, try to create complex passwords.

And for every account, be it social media or professional; keep a different password so that even if one account gets hacked, you’ll have others safe.

It is also essential your banking and payment apps have the most robust passwords.

Your passwords are essential to safeguard you from database breach, corporate hacks, and other security threats.

Choosing multi-factor authentication is also a critical practice that will help you to stay safe online.

For creating a password always use special characters, random lowercase uppercase series, add numbers. Never try to be too obvious, using direct words from the dictionary are known to everyone.

Try reversing the order of passwords. Also, you can consider a long sentence and keep only the first or last character as a combined password.

5. Network Security 

Your Login credentials and other details are safer than before.

But when you are outside your home, there is a chance of getting your details hacked. So it’s better to use VPNs and boost your network security.

Avoid HTTP websites. If you see any HTTP website instead of HTTPS, don’t use it because it can harm your privacy.

Because HTTP isn’t secured and anyone can track what you’re doing on that site, so avoid any URL address starting from HTTP.

6. Stay alert while downloading or posting

When you are about to post or download anything, make sure, you don’t regret it later.

These days several sites can be proved as a virus for your computer. Always stay alert while you are downloading anything.

Also, when you are about to post, make sure you know that you aren’t posting anything private.

Since if you post something online, you won’t be able to delete it forever (for example, Twitter), so keep that in mind and check whatever you are about to post isn’t harming you or others.

That is why, when you are downloading something from the web, you need to be alert to stay safe online.

7. Stay away from online dating and meeting 

Recently, individuals are indulged in dating and meeting their online friends.

There are several apps like Tinder that are for online dating. It’s not bad, but you need to be aware of whom you are making friends. Sometimes people get extorted due to these sites.

Never rely upon someone you aren’t sure about. Always check the “About Me” line when you are looking for someone. Numerous people use fake ids and can trap you. Stay away from those counterfeit ids and always cross-check everything.

8. Keep Your Privacy Settings On

Hackers all present all over to hack your sensitive content or know all about you.

It can lead to extortion or someone making a fake account as yours.

For instance, Facebook has an option of privacy settings. You can enable it, and all your details are locked.

It can help you in securing your identity and other details. Only those who are your friends on Facebook or any other networking site can see your updates.

It helps you in safeguarding your integrity.

9. Stay alert while purchasing

People nowadays are inclined to online shopping.

But make sure you shop from a secured site instead of buying from any website that is offering you a discount. There are shopping sites like Amazon, Walmart, Alibaba, and others. They are secured and trusted; you can rely on them.

Be aware and stay alert from fraudulent sites that can grab your bank details and money. Also, you will get inferior quality products. So it’s better to use secure sites.

10. Antivirus Program should be Up To Date 

Internet security is important because your personal and professional details are available on it.

Anyone can use it. Similarly, keeping the antivirus software on your computer is crucial. It will help you in removing any unwanted data and malware viruses.

We can say that Antivirus Internet Security software creates a protective layer of security.

And this will help to protect the pirate and sensitive information present on your network.

Final Thoughts on How to Stay Safe Online!

Staying Safe while you use several sites when you’re online is essential.

It secures your information and keeps your information private. So never trust anyone whom you don’t know in person or never share any details.

Make sure you have internet security and complex passwords whenever you are using it outside your house. Your safety online is as important as your physical safety. Take care of it.

On the concluding note, we hope that the tips mentioned above to stay safe online will help you in having safe browsing, downloading and online experience.

So, what do you do to stay safe online?

Did we miss any of the tips that you consider essential for staying safe online? Share your experience with us in the comments online.