Decentralized Finance—often referred to as DeFi—refers to the move from traditional, centralized financial systems to peer-to-peer finance enabled by decentralized technology built on the Ethereum blockchain. This financial system offers an open-source, transparent and unlicensed ecosystem without a central authority. Here, users have full control over their assets and can interact with others through decentralized applications (dApps).

And, as you can no doubt observe, each new initiative aims to address an existing problem, either partially or completely. And the project I'm about to discuss is no exception. But, to avoid wasting your time, I suggest skipping the conclusion of my review.

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.
$HAVEN was made to reward holders. Every transaction (buy, sell, or send) has a 16% fee:
9% goes to the BNB Reward Pool, claimable by holders proportion to their % of holdings.
5% goes to the liquidity pool, decreasing price volatility.
1% is distributed amongst all holders as reflection interest, including the burn wallet
1% is sent to the burn wallet making $HAVEN more scarce with each transaction

50% of the total supply will be sent to the dead wallet on the day of our launch on Pancake Swap, this will ensure safe and organic growth of our BNB pool. For the first 7 days after our first listing on PCS, holders will be able to claim daily (every 24 hours), after the first week the cycle will last 3 days.

The dead address will be the biggest holder, consequently 50% of the BNB pool will be unclaimable. This makes the BNB pool more secure for our holders. The burn wallet will continue to accumulate more tokens through reflection and on each transaction, removing them from circulation. These mechanics will increase even more the scarcity of $HAVEN making it the optimal deflationary, passive income generating cryptocurrency.

#Official Resources
Website: https://www.safehaven.finance/
Telegram: https://t.me/SafeHavendefi
Twitter: https://twitter.com/SafeHavenDeFi
Reddit: https://www.reddit.com/r/SafeHavenDefi/

#Author
Bitcointalk profile: palmet
Bitcointalk Profile url : https://bitcointalk.org/index.php?action=profile;u=2868526
BEP20 Address: 0x821434fee8C8661F045218744D2C33cb1bD2848d