Cryptocurrency is an innovation that provides a digital asset form, which can be used as an interchange for storing transaction records in a distributed public data library, using a computerized public database with strong cryptography. Crypto uses Blockchain Technology as its foundation and creates a new notion that is more transparent than fiat currency issued by a central authority.
This sector is the banking sector which exposes a Decentralized system, which gives access to everyone to manage their assets in their entirety without the necessity of a centralized mediator, as well as Blockchain also introduces a DeFi or a Decentralized Finance system in Imana. Safehaven is one of the projects that employ the Community-Based DeFi Concept, enabling anyone to gain access to decentralized banking services. Let's find out far more...
What is Safehaven?
Safehaven is a DeFi project powered by the Binance Smart Chain #BSC. It provides access to various traditional banking services, and it's been enhanced by Blockchain technology. Their DeFi Ecosystem offers a new concept where customers can quickly access various DeFi services, particularly the Staking system.
Safehaven would be built on the Binance Smart Chain network that enables Smart-Contracts to automate and reduce the costs of various transaction processes—making a new financial sector more creative and revolutionary in a shorter amount of time. Users can use web browsers and dApps like metamask or trust wallets to access Safehaven's DeFi services.
Another feature is that they provide early investors with native currency via the ILO method on the Unicrypt Protocol, ensuring rug-resistant liquidity and the security of user funds and the Safehaven protocol's value.
What is the native currency of Safehaven?
The Safehaven crew will release a Native Currency called Haven, a form of currency tokenized using Blockchain Technology on the Binance Smart Chain Network (BEP-20), allowing for the execution of Tokens that automate various transaction at low costs and in a shorter amount of time. With a Sophisticated Algorithm implementation on the Smart Contract, Haven Token is designed for the community, limiting the motion of Whales, Bots, and Traders with multiple special qualities.
Haven Token imposes a 16 percent transaction tax. The profits go to the BNB Pool, Liquidity Pool, and each Haven Holder receiving an introspection. When users have Haven Token in their pocket, they get various benefits such as Early Access and Passive Income; the value will also be maintained with the concept above, which will increase demand.
DeFi Method Powered by the Community-
The Safehaven team developed a procedure that optimizes all members of the community, despite their socioeconomic status. According to their Smart Contract, a transaction that sells more than 0.5 percent will be charged a fee of 2BNB, which will be sent directly to the BNB Pool.
They often maintain the volume healthy by punishing wallets that exchange until their balance is zero. They will not be entitled to BNB Pool Bonuses at that time. Another feature is the Buyback program, which guarantees that the significance of tokens is maintained by imposing a 10% tax on any BNB Pool reward that exceeds 0.5 BNB when processing a claim.
Their Premium Proposition was also subjected to an RDLabs audit, ensuring the safety of its users.
Conclusion
Safehaven provides all of its users with a secure advanced DeFi system that includes advanced Algorithm implementation on audited Smart Contracts and community-maintained liquidity. Haven's value will also be preserved to a release protocol that locks liquidity on the burn address, ensuring maximum transparency and carpet resistance through the Unicrypt Network.
For more information, you can see it below:
Website : https://www.safehaven.finance/
Whitepaper : https://docs.safehaven.finance/
Twitter : http://twitter.com/SafeHavenDeFi
Telegram : https://t.me/SafeHavendefi
Instagram : http://instagram.com/safehavenfinance
Reddit : https://www.reddit.com/r/SafeHavenDefi/
YouTube : https://www.youtube.com/channel/UC9-Qr8cTMFrS4fp-SUS3B3g
AUTHOR
https://bitcointalk.org/index.php?action=profile;u=2176210
My BEP-20 address: 0x4c187c5AAEA9ab8D28eCEc1498b55F67854b7715