Fair Safe is a deflationary, auto-staking community token. Our aim is to create a newbie friendly environment for users who are new to crypto and De-Fi. We are currently on the Binance Smart Chain but will be looking to migrate to a different network solution in the future. Fair Safe has 3 simple functions: Reflection, Liquidity Pool acquisition and burn with each trade, and the transaction is taxed with a rate of 8%. This is split into 2 sections: 3% fee that is redistributed to all existing holders. This includes the burn wallet. 5% fee that is split into 2. One half being sold by the contract and the other half of the FSAFE tokens are automatically paired with the BNB. This creates a Liquidity Pool token that is then added to Pancakeswap. What is Fair Safe (FSAFE) | What is Fair Safe token | What is FSAFE token
In this article, we'll discuss information about the Fair Saf project and FSAFE token
Fair Safe is a auto-staking, deflationary and decentralised community token created to fight against the many dangerous tokens that are out on Pancakeswap.
FSAFE was fair launched on PancakeSwap on 8th of April.
FSAFE is a safe token with the Liquidity Pool locked for 4 years and the contract renounced meaning no one has control anymore. Thus creating a community token.
The mechanics are simple, 8% tax on transaction. 3% goes back to users who hold FSAFE and 5% automatically gets paired with the liquidity. Beautiful isn’t it? Get more coins just for holding.
FSAFE uses goes beyond just letting it sit in your wallet to collect fees. Users will be able to stake their FSAFE to farm NFT’s using Fair Safe’s NFT Marketplace. Those NFT’s will have valuable utility in the future.
This isn't your typical "moonshot" project - that's only a very small part of it. The true purpose of this token is to bring light to layer 2 solutions within the BSC community. Like they say, hook, line, and sinker.
Both the "fair" and "safe" prefixes are currently part of a big, sometimes dangerous trend within the BSC community. An unacceptably high number of people have gotten financially hurt by fake projects using such prefixes to promote themselves. This is what, above all, has inspired me to start working on this project, giving people a platform to get educated on layer 2 and its importance for de-fi at the same time.
ETH is growing rapidly and it's not going to go away anytime soon. ETH 2.0 is years away, while mainstream attraction to crypto is here now. The only available, second-best solution people can think of is BSC - but it isn't. Binance holds way too much control for it to be called a decentralised exchange. Indeed, they have the ability to shut off nodes and bridges, should that fit their agenda.
This project will first start out on BSC, for the important reason that, in the wake of the Safemoon protocol, Binance Smart Chain is currently seeing massive traffic and that, as a consequence of this, a lot of new people are exposed to scams/pump and dumps. The ultimate goal is to migrate to Polygon, where FairSafe will find its true, forever home.
15% Community Fund – This wallet is locked for 2 years and will release 1.2T FSAFE every week. Those tokens will then be used for marketing and development for the project. Visit white paper for more information.
42% Burn Wallet – This burn wallet was created as a blackhole that takes up the supply. This makes FSAFE deflationary with only 5 days into the project it has already taken up 2% of the total supply.
43% Circulating Tokens – This is how many tokens there are currently being held by all of the community
Number of times vested: 1
*Next vesting date: 24 Apr 2021 at 06:58 (BST) *
15% Community Fund
** 42% Burn Wallet**
43% Circulating Tokens
You know what this is: a reflect, frictionless yield...
There will be 1,000,000,000,000,000 FSAFE Token in existence.
FairSafe has 3 simple functions: Reflection + Liquidity Pool acquisition + Burn with each trade, and the transaction is taxed with a rate of 8%. This is split into 2 sections:
To maximize the fairness for each investor there will only be a maximum allocation of 2 BNB per TX.
The presale and listing price will be the same: 2,000,000,000,000 FSAFE = 1 BNB.
Token use case
At the current development cycle there is no use case for the token, just like many tokens. But as the project progresses the plan is for the token to be used for governance to vote for community activities and the future of the protocol.
This address is for the BSC token contract. It is NOT a deposit address. Do NOT send tokens to it.
☞ Step by Step Guide
FSAFE token is now live on the Binance mainnet. The token address for FSAFE is 0xee738a9e5fb78c24d26cecd30389ed977c38d0ca. 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)...
Step by Step Guide : What is Binance | How to Create an account on Binance (Updated 2021)
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
Connect Metamask Wallet to Pancakeswap Decentralized Exchange and Buy FSAFE token
There are a few popular crypto exchanges where they have decent daily trading volumes and a huge user base. This will ensure you will be able to sell your coins at any time and the fees will usually be lower. It is suggested that you also register on these exchanges since once FSAFE gets listed there it will attract a large amount of trading volumes from the users there, that means you will be having some great trading opportunities!
Top exchanges for token-coin trading. Follow instructions and make unlimited money
Find more information FSAFE
🔺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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