Currently there is a lot of defi released, probably more than 20% of the coins on the market today are coins from the defi project. But it seems that defi's popularity doesn't seem to dim. Because there will always be new defi projects released every month. As an investor, I'm starting to be afraid of this hype, because it will open up opportunities for scammers because of its popularity. That's why we have to be more selective in choosing Defi, don't be easily influenced just because of a high APR. Be a smart investor because this will reduce the risk of loss that you will experience. Looking at all that, I would like to recommend a defi project that I've been observing for the past few days, that project is called safemooncash. I see this project is quite well and worth the investment. A note for you this project has been released and their service can be enjoyed at this time. So safemooncash won't do token sales anymore. If you want to buy their tokens you can buy them on the exchange. Below I will discuss this more clearly. The following is a complete description of this project.

What is safemooncash?

Safemooncash is a community-based Defi project built on the binance smart chain network. Maybe you've heard this name. That's right, safemooncash is the same project as safemoon, but far superior. They have things the safemoon project doesn't have, and all of that will benefit investors. Safemooncash was released in April, one month longer than Safemoon which was released in March. Directly these two projects do not have any relationship, only the name is similar.

One of the advantages of this project is automatic liquidity. Where liquidity will be automatically added to keep the token price stable. Liquidity comes from transaction taxes generated within the platform. The details are 2% for automatic liquidity and 2% will be distributed evenly to all holders. A total of 4% transaction tax for every transaction that includes a buy, sell or transfer.

Tokenomics Safemooncash

• 4% TRANSACTION TAX : Every Safemoon Cash transaction incurs a 4% tax for the benefit of all
• 2% DISTRIBUTED TO HOLDERS : 2% of all transactions (buys, sells and transfers) are distributed to all holders. You increase your Safemoon Cash balance just by holding.
• OWNERSHIP RENOUNCED : The contract is renounced and Safemoon Cash is a project owned by the community. The liquidity was also burned on launch, so there is no rug to pull
• 2% AUTOMATICALLY TO LIQUIDITY : 2% of each transaction is sent to the (automated) liquidity pool to create a steadily rising price floor, meaning improved stability.

On the other hand, safemooncash has passed the audit conducted by two different institutions, namely RD Auditors and Tachrate. Even so, the development team seems to want to maintain their anonymity, but that's okay because the community is still in control of the service.

Going back for a few months when safemooncash was first released. I saw this project released anonymously on the Binance smart Chain blockchain network and managed to grow to a market cap of over 1 million USD. They are slowly but surely adding exchanges and currently, many exchanges support this coin. Pancakeswap, probity, bitbox, XT.com, bogged finance and the newest one is Hotbit. This makes them stronger. Sooner or later safemooncash will grow to be one of the great powers and become a very popular Defi platform. Even so, they do not stop there, they are still ambitious to update their platform and develop it for the better.

Join safemooncash in their telegram group, there is one group for each country. You can discuss this project without any trouble with the language.

Judging by this safemooncash seems to pay attention to small details that other developers sometimes overlook. Discussion groups are created for each different country, this helps investors find out about the project without language difficulties.

Conclusion:

What do you think? Are you interested in this project? Safemooncash is an ambitious defi project. They will not stop and will try to achieve new things. I think this project is worth investing in because they are already supported by various exchanges and have quite a lot of liquidity, so I will have no trouble selling tokens when needed. Many exchange options are ranging from DEX, like pancakeswap, and CEX like probit. An active community makes me more confident and most importantly very easy to get the latest information because of it.

If you are interested in this project and want to know more details about safemooncash, you can visit one of the links below. Thank you for reading this article to the end and see you in the next article

WEBSITE - WHITEPAPER - TWITTER - LINKEDIN - TELEGRAM
YOUTUBE - REDDIT

Author :
Sulis Sudibyo
https://bitcointalk.org/index.php?action=profile;u=1285544
@Sulis_byo
0x3f83Bf3CEEA3a5af5513C360744Ba2aB62994404