A virtual currency issued by SafeMoon LLC (Representative: Mr. John Karony), based in Utah, USA.
SafeMoon is a token developed on the Binance chain with the aim of being used in DeFi (decentralized finance).
The operation is said to be completely community-driven, with 100% of the tokens held incinerated in a pancake swap quarantine address.
The tokens are sold for a fee of 10%, of which 5% is redistributed to the existing holders.
The beta version of Safemoon Wallet, a proprietary wallet, is scheduled to be released on June 15, 2021.
Total supply 1,000,000,000,000,000
Development tokens baked 223,000,000,000
Fair Launch Supply 777,000,000,000,000
・Three simple functions are employed: Reflection + LP acquisition + Burn.
The 5% fee is split 50/50, half of which is sold to the BNB by contract, and the other half of the SAFEMOON token is automatically paired with the aforementioned BNB and added to the pancake swap as a liquidity pair.
The remaining half of the SAFEMOON tokens are automatically paired with the aforementioned BNB and added to the pancake swap as a liquid pair.
Official website : https://safemoon.xyz/
Twitter : https://twitter.com/safemoon
Github : https://github.com/safemoonprotocol