| Crypto Rank | Name | Current Price | 24h Price Change | Total Supply | Circulating Supply | |
|---|---|---|---|---|---|---|
| 3375 |
SAPLING
Sapling
SAPLING
| $ 0.00 | -65.09% | 804 594 645 | 794 961 801 | X-Ray |
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.