We meet again, this time I will discuss one of the defi project which is quite popular. Even though this project has just been released, it seems like the community is paying a lot of attention to this project. Defi itself became a popular concept throughout 2020 to date, which is why many defi projects were released. But not all defi projects are worth investing in. But the project we are discussing this time is different. You might be interested if you read the description of this project. The project is named Safemooncash. A defi project that has passed audits from 2 different institutions, namely Techrate and RD Auditors. So for potential investors, this project has the feasibility to be invested. Back to the discussion, safemooncash is a defi project, which was initially launched anonymously and has grown very rapidly to date. Although until now their team is still anonymous, but they guarantee that they are professionals and fully understand crypto. Safemooncash is a defi project that is on the BSC network, this gives users a distinct advantage where this network is known to be very friendly and inexpensive for retail investors. For more about this project you can read my discussion below

What is Safemooncash?

Safemoon cash is a community-based project within the BSC network. safemooncash believe their tokenomics is superior to those of Safemoon, and so is our community. Safemoon Cash is 100% community-driven. This is our strength and makes us stand out. they have an incredibly dedicated community, who all bring a multitude of skills to the table. Our core team (Strategy Team) consists of tech enthusiasts, graphic designers, software fanatics, and marketing specialists who are all passionate about cryptocurrency. Safemoon Cash will bring various use cases to the world of crypto that will set us apart from the masses. Safemoon Cash was stealth-launched by members of the BSC community in April 2021 after Safemoon reached a market cap of over four billion dollars. With its high transaction tax, it’s the early holders of Safemoon that profit most. In contrast, Safemoon Cash gives holders passive rewards through static reflections. By staking Safemoon Cash in a pool, it raises its own capital, ensuring liquidity. safemooncash believe in our superior tokenomics and the fact that we have fully renounced ownership of the smart contract makes us unique. With the help of our community, not just the sky – but rather the galaxy – is the limit. Everybody is welcome, everybody is equal. Get on board and prepare for the greatest adventure of our lifetimes!

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.

With a significant advantage, namely that auto liquidity taken from transaction tax provides sufficient liquidity to maintain prices. Different from other platforms that have to be added manually, and cause problems because there could be a dump that will occur in the future causing prices to fall severely. Safemooncash thought about this and created a system to prevent it.

Though safemooncash is not a project with new innovations, they seem to copy from an existing project. But they update things which are not good. And create a platform that is more powerful than the rest. This may be silly, but their way is truly extraordinary. It's like the BSC that shook ethereum recently. Where ethereum was having trouble with transaction fees, suddenly BSC came up with an answer that ethereum couldn't give and made the BSC network very popular. I see something like this is happening in the Safemooncash project.

Safemooncash is already listed on different DEX and CEX exchanges. So you can trade at any time without having to wait for the listing news. If you are interested you can buy their tokens at pancakeswap, bogged finance, probit.com,, XT.com or bibox.com and start Yield farming protocol and earn passive profit from SMCG tokens.