Introduce
Hello everyone, in previous posts I have reviewed some projects on the cryptocurrency market, and today I will continue to introduce to you a coin that is growing very strongly in recent times. It’s Safemoon Cash
Safemoon Cash is a unique and exciting project that is driven by the community on Binance Smart Chain. According to recent statistics, Bitcoin Cash reached an ATH of 0.25 Bitcoin. Along with that growth, Safemoon Cash is also moving towards the first goal of Safemoon Cash reaching 25% of Safemoon’s peak capitalization. And with the power of safe cash as they are today, they can completely make this a reality, and will probably grow and go even further.
As for improving tokenomics, We are sure that our tokenomics is superior to Safemoon and so is our community. Safemoon Cash is completely community driven. This is its strength and makes it stand out from other coins. Besides, We have a very enthusiastic community, which is one of the core factors to be able to develop into such a big project as it is now. Our strategic core team is diverse consisting of graphic design enthusiasts, technologists, marketing professionals, software enthusiasts, and what they all have in common is a passion for earning crypto. Safemoon Cash will bring users different experiences of cryptocurrency. This is what makes it different.
Right after Safemoon hit a market cap of over four billion dollars. Safemoon Cash was launched in April 2021 by members of the BSC community. Safemoon’s early owners reaped the most profits because of the high transaction tax rates. Conversely, customers holding Safemoon Cash can receive passive rewards through static reflections. After placing Safemoon Cash in a pool, it can not only increase equity, but also ensure liquidity.
Tokennomics of safemoon cash
We believe our tokenomics are superior to those of our big brother. 4% transaction tax. Safemoon Cash is built on strong tokenomics. Every Safemoon Cash transaction incurs a 4% tax to the benefit of all. 2% distributed to all holders. 2% automatically to liquidity. 2% of each transaction is locked away in the Safemoon Cash liquidity pool, to create a steadily rising price floor. The transaction limit is 490,000,000,000,000 SAFEMOONCASH. Total supply is 100,000,000,000,000,000 SAFEMOONCASH. We burned the liquidity when we started the token. This is renounce ownership at its finest. Check the transaction here. Ownership renouncement tx can be found here.
Safemoon swap The potential solution
If the Liquidity providers experience impermanent losses, why do they still provide liquidity? Well, the Safemoon swap counteracts the effect of loss by trading fees. Safemoon swap brings a potential solution to traditional problems with the bespoke use of technology. Safemoon swap incurs a 10% fee on every transaction that occurs in the Safemoon swap platform. 3% of the total fee is distributed among the token holders. Even if the liquidity pool is exposed to impermanent loss, providing liquidity will be still profitable when the trading volume is high.
When you are getting your feet wet with cryptocurrency, all you have to do is lookout for a sustainable and trustworthy platform. Safemoon swap adds 7% of the transaction fee to the liquidity pool. This process is called liquidity locking which leads to a higher price floor of Safemoon swap tokens.
The Roadmap and Use Cases Ahead
Along with a strong tokenomics that give a significant advantage to Safemoon Cash over Safemoon, the roadmap ahead and several use cases that would be added to the ecosystem make it a rug proof community driven project.
Holders of the Safemoon Cash Governance Token (SMCG) can help shape the future of Safemoon Cash by influencing decisions related to the project, such as recommending or deciding on new features (i.e. MOONMAP, charities, admin changes, recruitment and HR parameters,). Safemoon Cash is 100% community driven and with Safemoon Cash Governance Token Holders it is in charge. On-site interface with the LP team for easy BNB/SAFEMOONCASH pair replenishment.
we will focus on developing use cases for Safemoon Cash as an adoptable currency in Q3 and Q4 of 2021. In our vision, Safemoon Cash will eventually be one of the most used cryptocurrencies for use inside and outside our ecosystem. We will introduce the Safemoon Cash Casino where you can gamble with the SMC(G) token. Additionally, we will develop a betting protocol specifically for the Twitch gaming industry using the SMC(G) token for rewards in competitions.
Conclusion
Safemoon swap is based on liquidity generation and autonomous yield protocol that helps the token holders earn direct rewards while also enhancing the liquidity of the pool. This is funded by 3% of the transaction fee taken from each transaction. This protocol has a permanently increasing-price floor, with all investors earning additional Safemoon swap tokens for holding.
The amount of reward is variable, depending on the number of tokens held and the time of holding. The longer the investor holds, the amount of reward received will increase over time. This redistribution mechanism provides investors with an active stake in Safemoon swap success.
Above is all the knowledge that I have just updated from the safemoon Cash project, please follow to be able to update more articles.
#SAFEMOONCASH #SAFEMOON #BinanceSmartChain $SMC #Crypto #Cryptocurrency
WEBSITE: https://safemooncash.org/#
WHITEPAPER: https://drive.google.com/file/d/1YZyTJteAVpaHna13UU2sZBJkIBB4K702/view
TWITTER: https://twitter.com/safemooncash
LINKEDIN: https://www.linkedin.com/company/safemoon-cash/
TELEGRAM: https://t.me/safemooncash
YOUTUBE: https://www.youtube.com/channel/UC15-d8hPAs30OxAUX9VRdng
REDDIT: https://www.reddit.com/r/SAFEMOONCASHCommunity/
By : Choosename
Profile : https://bitcointalk.org/index.php?action=profile;u=2806735
wallet : 0xd6D46877AAE71DC012EF808264BB6438C9A99573
A good project, you can try it for beginners.
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Excellent reviews, I will definitely try, this is something new.
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You, as always, are always on top))
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I didn't know such subtle things. Thank you for the information
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The project is generally a treadmill, and this is their second time launching Bounty, and this time it was so successful, they raised money.
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I have started working and understand everything in a nutshell, thank you for more races
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Thank you for explaining how it works and showing everything!
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Great project for people who are not lazy, thank you!
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I have no doubt that a good future awaits this amazing platform!
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