The mission of the project:
The overall mission of this project is to achieve a target of 25% of Safemoon’s peak market capitalization which ultimately will provide hope to the masses. This mission will get this project into top listing crypto projects (Very Soon).
Project Introduction and its Importance
The Safemoon Cash (SMC) is a novel crypto community-driven project which is based on the powerful crypto blockchain which is Binance Smart Chain (BSC) with Tokenomics. The adoption of BSC is to enable developers to build decentralized applications (DApps) and help users to manage their digital assets cross-chain with low latency and large capacity. The BEP-20 contract address of SMC is “0xf017e2773e4ee0590c81d79ccbcf1b2de1d22877”.
This project is run by its valuable community. This SMC has a very dedicated and innovative team of experts and developers including technical enthusiasts, graphic designers, software fanatics, and marketing specialists. The SMC has the ability to bring major changes in the lifestyle of the masses with the different new things of the crypt world. It has a market cap of over 04 billion US dollars since it is started in April 2021. The safe moon is providing very high rewards to its investors as compared to its counter crypto partners. This is a unique project due to its superior tokenomics and fully renounced ownership of the smart contract.
The Bullish Crypto Seasons:
The bullish crypto market brings many changes along with it as Bitcoin (considered as the king of cryptocurrency) and other alt-coins rose to new highs. There is a very high probability that a new crypto project will become the choice of the majority as in the bull season. So, most of the new projects are community-driven and meme currencies. Hence, this can rightly be said that SMC is one of such new alt-coins. More than 235000 user base holders have already been connected with this wonderful project within six weeks of its official opening that make this project one of the fastest-growing crypto projects in history.
Safemoon Cash Tokenomics:
In addition, there are well-distributed tokenomics of the project that makes it so suitable and valuable. The SMC tokenomics has the following distributions.
- The Safemoon Cash is built on strong tokenomics. Every Safemoon Cash transaction incurs a 4% tax to the benefit of all.
- 2% is distributed to all those holding Safemoon Cash, meaning that just by having a balance, one will automatically be earning.
- The other 2% is diverted to the automated liquidity pool so as to create a gradually increasing price floor, thus, improving stability.
- The transaction limit is 490,000,000,000,000 SM.
- Total supply is 100,000,000,000,000,000 SM.
- Safemoon Cash as a project is community-owned as the contract is renounced and upon its launch liquidity was also burned. Therefore, it is truly a rug-proof token.
This is known that inflation and deflation in cryptocurrency are covered through Tokenomics. Therefore, a good project with infinite supply would ultimately decrease inflation. So, it is believed that SMC has the ability to have a well-audited market supply with burning functionalities to help it beat token inflation.
Role of Crypto Whales:
The crypto market whales can be a cause of worry for any project as they can initiate a pump and dump scheme at any given time but whales of SMC are not the same because they do not have a particular holding of more than 2.5% of the total supply.
The Way Forward:
The SMC will introduce and commence the Safemoon Cash Governance token (SMCG) and the Safemoon Cash Governance interface in the third quarter of this year 2021. Moreover, this project will organize the yield farming protocol: Farm SMCG using Safemoon Cash in the Safemoon Cash Bank. This will enable SMC to decrease selling pressure and will increase liquidity. Furthermore, this community-based project will also focus on developing use cases for SMC as an effective currency in the third and fourth quarters of the year 2021. This will help SMC to be one of the most useable cryptocurrencies in the ecosystem.
Best of Luck for SMC
Social Links
Twitter: https://www.twitter.com/safemooncash
Telegram: https://t.me/safemooncash
Reddit: https://www.reddit.com/r/SAFEMOONCASHCommunity/
Instagram: https://instagram.com/safemooncash
Blog: https://steemit.com/@safemooncash
Media Contact
Company: Safemoon Cash
Contact: Connor Leach
Email: [email protected]
Website: https://www.safemooncash.org
SOURCE: Safemoon Cash
Author
Bitcointalk username : aminkanju
Bitcointalk userprofile: https://bitcointalk.org/index.php?action=profile
BEP20 Address: 0x4642E636e83bE7Cc7Bf2ae759f619b74D7d3654A