Defi is the best innovation in the crypto industry, and that's why this concept has become popular. nearly 60% of new projects launched today are Defi projects. Including one of the projects that we will discuss this time. Safemooncash is a defi platform released in the community-based binance smart chain network. Safemooncash has a fairly ambitious vision and mission. They aim to be a big defi platform and make their platform the best defi service. Safemooncash plans to create decentralized services including, Online shops, loan services, protocol farming, and betting platforms. They also won't stop here, safemooncash will do development to create a platform that answers the needs of the current community.

Based on the information they share, safemooncash believes the tax that will be charged to users is quite low, only 4% of the total transactions. This is very different when compared to other platforms in that the average tax charged is around 10% or more. Just compares the information from safemooncash platform with safemoon. Broadly these two platforms have a similar thing especially in naming it. But when viewed in detail many differences can be noticed.

The automatic liquidity pool, making this platform one step ahead. Allocation for automatic liquidity pool comes from 2% of tax taken from each transaction. And the remaining 2% will be distributed equally to all holders. This creates a strong defi ecosystem.

based on what I see from the ANN thread and their telegram group, here are some of the things they have accomplished. from the development side, they plan to release a betting platform. it is planned to be introduced in Q3 this year. they predict that with the betting platform, token utility will increase.

The latest progress for them is that they have added exchange support after previously safemooncash tokens already listing in pancakeswap, XT.com, probit.com, bitbox.com, and bogged finance. Now investors can trade it on exchanges hotbits and Lbank. and one step away from being able to list on Gate.io, they only need to fulfill a few legal-related documents. after that safemooncash will be listing on gate.io.

SMCG tokens and yield farming protocol are almost complete, requiring only a few adjustments. and they're confident they can share the release date in the next few days. They can also maintain trading volumes above 100k, and this can increase as exchange support for their tokens increases. Safemooncash also plans to introduce their platform to the game field (for more details wait for their announcement later). In terms of marketing, they don't seem to rely solely on online alone, I noticed in their ANN thread, some shared photos of billboards promoting safemooncash. If this is true and not an edit, I'm very impressed with their marketing strategy. It becomes a less popular but unique way and able to attract attention.

In addition, safemooncash has also passed audits from techrate and RD labs. although this audit does not guarantee they will be able to survive in the market, at least safemooncash has done its best to maintain the confidence of their investors.

In my conclusion, safemooncash is worth investing in. The reason is that they have fairly fast progress. Their business plan is quite realistic to me. They can also keep the things on the roadmaps. This is what concerns me over the past few days.it's rare to find a project that works based on the roadmaps they've published. Most of them are always not on schedule and infrequently break their promise. Therefore safemooncash makes me interested. In terms of exchange support, safemooncash seems to be planning to target as many users as possible. This is seen from those who are enterprising for their coin listings. In less than a month they have added support from 2 fairly well-known exchanges namely Hotbit and LBank.

So far I do not find anything less good, apart from a very large total supply. Considering there are many defi platforms with a greater total supply than safemooncash. So as long as their tokens have trading volume every day, I don't think this becomes anything bad.