In its simplest form, decentralized finance is a system by which financial products become available on a public decentralized blockchain network, making them open to anyone to use, rather than going through middlemen like banks or brokerages. Unlike a bank or brokerage account, a government-issued ID, Social Security number, or proof of address are not necessary to use DeFi. More specifically, DeFi refers to a system by which software written on blockchains makes it possible for buyers, sellers, lenders, and borrowers to interact peer to peer or with a strictly software-based middleman rather than a company or institution facilitating a transaction.
Multiple technologies and protocols are used to achieve the goal of decentralization. For example, a decentralized system can consist of a mix of open-source technologies, blockchain, and proprietary software. Smart contracts that automate agreement terms between buyers and sellers or lenders and borrowers make these financial products possible. Regardless of the technology or platform used, DeFi systems are designed to remove intermediaries between transacting parties.
Though the volume of trading tokens and money locked in smart contracts in its ecosystem has been growing steadily, DeFi is an incipient industry whose infrastructure is still being built out. Regulation and oversight of DeFi are minimal or absent. In the future, however, DeFi is expected to take over and replace the rails of modern finance.
About SafeHaven
SafeHaven is a community driven DeFi project built on Binance Smart Chain. The first token $Haven will be made available to early investors soon via Unicrypt Initial Liquidity Offering (buy here). The total limited supply of $Haven is 21 million tokens. All $Haven token holders receive BNB rewards based on their percentage of holdings, making it a great source of passive income.
$Haven has been engineered to combat day traders, whales & bots with revolutionary tokenomics that rewards holders and penalises short selling with a high transaction tax to improve price stability and decrease market volatility.
What is Safehaven?
Safehaven is a community driven DeFi project built on the Binance Smart Chain #BSC.
$HAVEN token fights traders, whales and bots with ground breaking mechanics: Simply buy $Haven token and hold it to earn passive income in BNB rewards & reflection interest.
BNB Reward
All $Haven Holders are entitled to their share of the BNB reward pool based on how much Haven they hold . For the first week, the Haven EasyReward promotion will allow holders to claim their share of the BNB reward pool every day. Thereafter, holders can claim their BNB reward every three days. The BNB Reward pool is funded by the 16% transaction tax on all buys/sells & transfers, a massive 9% of which goes to the BNB reward pool, claimable by holders every 72 hours based on their proportion of holdings.
Please note that if you buy more than 10% of your total holding of Haven, it will extend your BNB claim reward time proportionally (If you buy 90% extra Haven, adds 90% to cycle time, 72x.90 = 64.8 hours ) . The maximum extension to you claim reward cycle from any single transaction is 72 hours. The Haven BNB reward pool percentage for holders is unrivalled compared to other cryptocurrencies due to Haven’s unique protocols & the high transaction tax that rewards Haven holders for increases in trading volume.
This was implemented to discourage short trading of $Haven, along with other anti whale mechanisms in place as part of our revolutionary #safetokenomics.
The higher the level of trading volume, the more BNB will be available in the reward pool for $Haven holders. The great thing about the $Haven BNB reward system is that even when the cryptocurrency market is down, you can still take profits from your $Haven holdings without having to sell a single token. You benefit from any buying or selling activity in the market.
As an anti-whale measure, A 10% tax applies on BNB reward claims higher than 0.5 BNB. This is split 50/50, half for buyback/burn of $Haven as a deflationary measure & half goes to the Marketing & Development fund.
TOKENOMICS
Token name: Haven token
Token Symbol: HAVEN
Token contract address: To Be Announced.
Total Supply: 21,000,000 $HAVEN (just like Bitcoin, but we are burning 50%)
Safe Burn on day of Pancake Swap launch: 10,500,000 $HAVEN
Initial Liquidity Offering: 6,000,000 $HAVEN
Liquidity Locked: 3,446,820 $HAVEN
Marketing & Development: 723,180 $HAVEN
Safe Haven Dev Team: 330,000 $HAVEN
ROADMAP
June 2021:
Launch website ✔
Smart Contract Audit Passed ✔
Online marketing/Social media campaigns commence ✔
Initial Liquidity Offering for $Haven token on Unicrypt for early investors to boost liquidity and reduce price volatility at launch.
Pancake Swap DEX listing. All Unicrypt ILO investors will receive their $Haven tokens on the day of launch on Pancake Swap.
Targeted paid marketing campaigns on social media
“Mobilising the Community” guerilla marketing campaign (after PCS launch)
Get Haven Logo on Trustwallet & MetaMask
$Haven listing on CoinGecko
$Haven listing on CoinMarketCap
Q3 2021 (July-Sept):
Enhanced marketing activity supported by whale BNB pool reward tax. (10% tax on BNB reward claims if your claim is higher than 0.5 BNB. 5% buyback/burn of Haven & 5% marketing and development fund.
Listings on exchanges that can accommodate the tokenomics of $Haven
Q4 2021 (Oct-Dec):
Further development of the Safehaven DeFi platform to provide real life use applications for the cryptocurrency products/services of Safehaven, other than holding as a store of value or to earn BNB.
Launch of of the second Safehaven token. The tokenomics will be different to $Haven, optimised for use as a transactional payment mechanism.
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:
User Name : ahabite
BTT profile : https://bitcointalk.org/index.php?action=profile;u=2620198
BSC Wallet : 0x8B27fEf635a465a80a6325c94692b7fa3bBbe5A2