In the age of constant engagement where trends are king — even in and especially so in the world of cryptocurrency — it’s next to impossible to keep track of everything that’s going on. As holders diversify their portfolio, more and more tokens need to be managed with potential sales sacrificed as the opportunity cost. Holders, as occupied as ever, eventually fall to the wayside. And in this flurry, cons find their niche and run amok amongst the goings-on that holders find themselves caught in between.
The non-digital version of the scenario is this: You’re at the cashier getting ready to pay for all the items in your cart. While you’re at the counter, you’re wondering how much you’re shelling out and if you’re actually getting the bang for your buck. Plus, you’re still looking at things you might want to buy. Choices, right? And the one second you turn away, someone else gets what you already paid for and runs away with it.
Enter SparkLab: a next-generation portfolio tracker in the Binance Smart Chain. A clear and stable path amidst the crypto chaos in the form of a price-tracking platform created for and dedicated to the BSC space. Essentially, it lets you keep an eye on your cart while you look elsewhere and makes sure that everything you pay for, you get to actually keep (and even sell).
Staying on top of things doesn’t always have to be as taxing as it is. SparkLab is designed to keep everything seamless so you can focus on what actually matters — diversifying your portfolio. Three main features make this platform your all-in-one go-to: the Rug Pull Protector, Portfolio Tracker, and Combined Sells.
The Rug Pull Protector
SparkLab counters rug pulls (i.e. the cons running amok with what’s rightfully yours) by front-running the transaction and selling your tokens at higher gas fees. The Rug Pull Protection is easily activated when you deposit BNB into your vault as anticipated gas fees for a total value of $15. This deposit allows SparkLab’s Rug Pull Protector to front-run the transaction by selling your tokens as gas fees at a higher rate. And what about the difference between the anticipated and actual gas fees? It’s automatically sent back to the user.
To set the Rug Protector in motion, you first have to set up the vault where you’re going to deposit your BNB. The user can do this by connecting their wallet to SparkLab’s platform with Metamask and selecting the token they want to protect. This generates a unique smart contract that only the user owns so they can make use of the Rug Protector without sharing their private key.
After the vault setup, the user will then deposit their tokens. If the token has transaction fees, these will be applied while the tokens are sent to the vault.
The last step to set up the Rug Protector is to deposit the BNB as anticipated gas fees (with a total value of $15). The risk is little to none as the user can withdraw the deposited BNB whenever they want.
Portfolio Tracker
So, you’ve already connected your wallet to SparkLab’s platform so you can activate the Rug Protector. But not all wallets like Metamask and TrustWallet accurately reflect price values of newly launched tokens on BSC. This is because most of these tokens aren’t listed on platforms like Coingecko and CoinMarketCap.
SparkLab fills in the gap (and lack of info) by allowing you to instantly retrieve wallet information when you connect your BEP20 wallet address. Now you can easily access the tokens you hold along with the Total Wallet Value in both USD and BNB. It’s just like seeing everything in your cart and automatically knowing how much it’s all actually worth at just one glance.
Combined Sells
Now that you’ve got all your tokens (thanks to the effort-saving and scam-proof design of the platform), you can finally get to sell them. The aforementioned opportunity cost between managing tokens and selling them is now non-existent. SparkLab has specially developed an innovative feature that allows users to sell multiple tokens at once. No need to wait on approvals because short trades are now easier than ever.
It’s time to stop stalling at the cashier. You can just grab everything — and then some
