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The live SafeMoon price today is $0.000002 USD with a 24-hour trading volume of $14,689,683 USD. SafeMoon is up 40.03% in the last 24 hours. The current CoinMarketCap ranking is #2451, with a live market cap of not available. The circulating supply is not available and the max. supply is not available.
SafeMoon Protocol is a decentralized finance (DeFi) token. According to the SafeMoon website, SafeMoon has three functions that take place during each trade: Reflection, LP Acquisition and Burn.
SafeMoon protocol is a combination of RFI tokenomics and an auto-liquidity generating protocol. According to an article, SafeMoon plans to develop a non-fungible token (NFT) exchange, as well as charity projects and crypto educational apps.
SafeMoon launched on Mar. 8, 2021.
John Karony is the CEO at SafeMoon, according to his Twitter profile.
The SafeMoon white paper notes that a big problem in the emerging DeFi industry is the existence of high APY LP-farms that don't have easy access for newcomers to the space.
With SafeMoon, they aim to use the idea of static rewards (making the reward conditional upon the volume of the token being traded) in order to remove any pressure on the token that could occur when tokens are sold. As well, the white paper notes that their “reflect mechanism“ adds incentive for SafeMoon holders to keep their tokens for longer, or HODL. SafeMoon's Automatic LP also adds stability to the protocol by providing a price floor/cushion for token holders. SafeMoon's manual burn strategy also helps SafeMoon token holders in the long term, according to their white paper.
Check out BNB.
Check out PancakeSwap.
Learn more about DeFi here.
Check out the CoinMarketCap blog.
The SafeMoon white paper describes the following: a total supply of 1,000,000,000,000,000, with 223,000,000,000,000 burned dev tokens and a fair launch supply of 777,000,000,000,000,
The SafeMoon protocol, according to the white paper, works in the following way: in each trade, the transaction is taxed with a fee of 10%, which is cut in half. While 5% of the fee is redistributed to all of the token holders at the time, the other 5% is then split in half again, with 50% sold by the contract into BNB, and the remaining 50% automatically paired with the aforementioned BNB and added to PancakeSwap as a liquidity pair.
The SafeMoon white paper has the following plan for the safety of its protocol: the developer burned all tokens in the Dev Wallet before launch, there was a fair launch on DxSale, the LP is locked on DxLocker for four year, and an LP is generated with every trade and locked on PancakeSwap.
As of April 2021, you can purchase SafeMoon on PancakeSwap and BitMart.
For more information about how to buy Bitcoin and other cryptocurrencies, check out our guide here.
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|Market Cap||No Data|
|Fully Diluted Market Cap||$1,136,575,011.18|
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All Time HighApr 17, 2021 (8 hours ago)
All Time LowMar 09, 2021 (a month ago)
|SafeMoon ROI||No Data|
|Circulating Supply||No Data|
|Total Supply||616,523,426,814,421 SAFEMOON|
|Max Supply||No Data|