Safemoon

Safemoon

Description: 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 […]

0 Likes 0 Dislikes

Coin Details

Coin Details
View Details such as General, IDO, Airdrop, Token Supply & More
General
Website

Link

Whitepaper

Link

Token Name:

$SAFEMOON

Total Supply:

$SAFEMOON

About:

Description:

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.

adPlace

Who Are the Founders of SafeMoon?

John Karony is the CEO at SafeMoon, according to his Twitter profile.

What Makes SafeMoon Unique?

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

Social Media