What is SafeMoonswap (SFMS) | What is SafeMoonswap token | What is SFMS token

In this article, we’ll discuss information about the SafeMoonswap project and SFMS token

Safemoon Swap - A revolution in DeFi

Safemoon swap is based on liquidity generation and autonomous yield protocol that helps the token holders earn direct rewards while also enhancing the liquidity of the pool. This is funded by 3% of the transaction fee taken from each transaction. This protocol has a

permanently increasing-price floor, with all investors earning

additional Safemoon swap tokens for holding.

Who We Are

SafeMoon Swap aims to take the fruits of decentralization to common public through its fair launch of tokens and reward distribution system.

Our Mission

Safemoon swap envisions the accomplishment of good returns through the distribution of transaction fees to the token holders.

Token Burn

SafeMoon swap burns more than 40% of the total supply after launch and sent it to a black hole address; This ensues stability of the token.

Key Features

SafeMoon Swap has a lot of desirable features and protocols that makes it stand out form the crowd, skyrocketing towards the mass adoption of cryptocurrency.

Design

The user interface of SafeMoon swap DeFi platform is well navigated and getting started is that easy.

Autonomous Yield

All you have to do is just hold SafeMoon Swap tokens in your wallet to earn more and more tokens.

Liquidity Locking

Safemoon swap adds 7% of the transaction fee to the liquidity pool leading to a higher price floor of Safemoon swap tokens.

Smart contract driven

Safemoon swap, a platform with genuine reward systems as they are programmed by smart contracts without any human intervention.

Revenue Distribution

3% of the total network fee incurred is distributed among the SafeMoon Swap token holders. The more you hold, the more you earn.

Community based

SafeMoon Swap is a community based token that helps the members become financially independent with the use of DeFi protocols.

Roadmap

This is how we created a path to success

SafeMoon Swap strives hard to deliver make its dream come true. The team is relentlessly working to get the updates done on time

Launch

  • Burned 40% of total supply and seeded black hole
  • Website redesign
  • Listing on Coinmarketcap, Coingecko
  • Smart contract audit
  • Marketing push
  • In progress further partnerships

Q2 2021

Development

  • Community votes and events
  • Secret new mission launch

Q3 2021

Exchange Listing

  • NFT staking & mining
  • Listing on established exchanges
  • Further ecosystem development

Q4 2021

Tokenomics

SafeMoon Swap is programmed to reward holders while increasing in both liquidity and value. It does this by applying a 10% tax on every transaction.

10%: 10% of every transaction on SafeMoon Swap platform is reserved for reward distribution and enhancing the sustainability

3%: 3% of the total network fee incurred is distributed among the SafeMoon Swap token holders. The more you hold, the more you earn.

7%: 7% of the total fee is liquidity locked to prevent rug pull occurring in the liquidity pools. This helps the Liquidity Providers overcome impermanent loss

Total Supply 1,000,000,000,000,000

  • Burned Dev Tokens (40%) 400,000,000,000,000
  • Launch Supply (40%) 400,000,000,000,000
  • **Marketing, Centralized Exchange listing (10%) ** 100,000,000,000,000
  • Team wallet (10%) 100,000,000,000,000

How and Where to Buy SFMS token ?

SFMS token is now live on the Binance mainnet. The token address for SFMS is 0x212fe6acbd2083ba0fd7c13bc57100ce8bf52e75. Be cautious not to purchase any other token with a smart contract different from this one (as this can be easily faked). We strongly advise to be vigilant and stay safe throughout the launch. Don’t let the excitement get the best of you.

Just be sure you have enough BNB in your wallet to cover the transaction fees.

You will have to first buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)…

We will use Binance Exchange here as it is one of the largest crypto exchanges that accept fiat deposits.

Once you finished the KYC process. You will be asked to add a payment method. Here you can either choose to provide a credit/debit card or use a bank transfer, and buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)…

SIGN UP ON BINANCE

Step by Step Guide : What is Binance | How to Create an account on Binance (Updated 2021)

Next step

You need a wallet address to Connect to Pancakeswap Decentralized Exchange, we use Metamask wallet

If you don’t have a Metamask wallet, read this article and follow the steps

What is Metamask wallet | How to Create a wallet and Use

Transfer $BNB to your new Metamask wallet from your existing wallet

Next step

Connect Metamask Wallet to Pancakeswap Decentralized Exchange and Buy, Swap SFMS token

Contract: 0x212fe6acbd2083ba0fd7c13bc57100ce8bf52e75

Read more: What is Pancakeswap | Beginner’s Guide on How to Use Pancakeswap

Find more information SFMS

WebsiteExplorerWhitepaperSocial ChannelSocial Channel 2Social Channel 3Coinmarketcap

🔺DISCLAIMER: The Information in the post isn’t financial advice, is intended FOR GENERAL INFORMATION PURPOSES ONLY. Trading Cryptocurrency is VERY risky. Make sure you understand these risks and that you are responsible for what you do with your money.

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#blockchain #bitcoin #sfms #safemoonswap

What is SafeMoonswap (SFMS) | What is SafeMoonswap token | What is SFMS token
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