1613704420
What is BakerySwap (BAKE) | What is BakerySwap token | What is BAKE token
BakerySwap bills itself as the next iteration of Uniswap. It aims to be a faster, cheaper, and tastier version of Uniswap. Liquidity providers will be rewarded with BAKE tokens from which they can earn a share of BakerySwap’s trading fees and use for voting as part of BakerySwap’s governance.
Introducing BakerySwap, an AMM Dex on Binance Smart Chain
Eaten your fill of raw fish? The Bakery doors will be opening soon, and we’ve got a new, smarter (and cheaper) farming experience ready to serve up.
Why Binance Smart Chain?
To be frank, Ethereum’s current gas fees have been exorbitant to say the least and the barrier to entry for participating in on-chain activities is only getting higher and higher. Enter Binance Smart Chain. By leveraging BSC, we will be able to increase the speed of transactions while massively reducing the fees at the same time. Perfect, right?
BakerySwap in a nutshell:
- No pre-sale and no pre-mine. Fair distribution of all BAKE tokens
- The BakerySwap team will only receive 1% of all BAKE farmed (i.e. the Bakery team gets 1 BAKE token for every 100 BAKE farmed).
- Maximum rewards for BAKE stakers. The BAKE-BNB pool will earn 10x rewards compared to other pools.
- The first Binance Smart Chain AMM to offer alt-coin liquidity pools (LPs) such as LINK, DOT, etc.
- One of the very first to utilize Binance Smart Chain for an AMM DEX.
- We’re taking full advantage of the Binance community by providing arbitrage opportunities amongst BEP2 and BEP20 tokens that are hosted on Binance.com or on the Binance DEX.
How does BakerySwap work?
BakerySwap is the next iteration of the by now infamous Uniswap. It’s like Uniswap, but faster, cheaper and dare we say it… tastier? In addition to all of the above, liquidity providers will also be rewarded with BAKE tokens from which they can earn a share of BakerySwap’s trading fees and use for voting as part of BakerySwap’s governance.
Initial Liquidity Pools(LPs)
BakerySwap has 2 types of liquidity pools:
- With BAKE rewards.
- Without BAKE rewards.
This is to facilitate the creation of new LPs by the community. Only designated LPs will have BAKE rewards and among those the reward multiplier for each will vary, typically based on the value they provide to BAKE holders.
The initial set of LPs and BAKE reward multipliers as below:
- BEP20 BAKE-BNB, 10x BAKE rewards
- BEP20 BUSD-BNB, 3x BAKE rewards
- BEP20 ETH-BNB, 1x BAKE rewards
- BEP20 BTC-BNB, 1x BAKE rewards
- BEP20 DOT-BNB, 1x BAKE rewards
- BEP20 LINK-BNB, 1x BAKE rewards
Trading fee and reward distribution
BakerySwap applies a 0.30% fee to all swaps/trades, of which 0.25% will go to Liquidity Providers (LPs), and 0.05% will be converted to BAKE tokens and given to BAKE holders as additional rewards.
Liquidity providers are given liquidity pool tokens (Bakery LPs) that represent their share of each pool, and can earn a portion of the fees collected in these pools when removing liquidity.
LPs can then stake their Bakery LP tokens to farm BAKE token rewards.
How will BAKE release and distribute?
BAKE tokens will be gradually released to liquidity pools according to their respective reward multiplier (e.g. 1x , 3x , etc).
Early farmers (or as we like to think of them, early “bakers”) will be greatly rewarded in terms of the initial “BAKE per block” release.
Initial release schedule:
- First 30,000 BSC blocks (approx 1 day) — 400 BAKE per block
- 30,001–900,000 BSC blocks (approx 29 days) — 300,000 BAKE reduced day by day, 255 BAKE per block on average
- 900,0001 BSC blocks until full supply released (approx 11 months) —300,000 BAKE reduced month by month, 73 BAKE per block on average
The total supply of BAKE is 731,745,000
BAKE Farming Tutorial
- Connect to the Binance Smart Chain through Metamask
Log in to https://bakeryswap.org/
Connect to the Binance Smart Chain through Metamask. Tutorial: https://docs.binance.org/smart-chain/wallet/metamask.html
Go to the setting page and add a new network:
Configure the network as follows:
Network name: Binance Smart Chain
Added RPC URL: https://bsc-dataseed1.binance.org/
ChainID: 56
Symbol: BNB
Block Explorer URL: https://bscscan.com/
2. Get BEP20 BNB
Buy some BNB at binance.com, select BEP20 on the BNB withdrawal page, and input your Metamask BEP20 address, then withdraw them, and you will have BEP20 BNB in your Metamask wallet.
3. Trade with BakerySwap
Input a trading pair and amount, click the Swap button. After that, confirm the transaction on MetaMask.
4. Provide liquidity
- BakerySwap starts with 6 liquidity farming pools: BAKE/BNB, BUSD/BNB, ETH/BNB, BTC/BNB, DOT/BNB, LINK/BNB.
- Select a trading pair, then input the number of tokens you want to provide. Click the “Supply” button and then confirm it on MetaMask, You will get some BLP Tokens as a reward.
5. Stake Bakery LPs (BLP) to get BAKE
On the “Earn BAKE” page, you can stake your BLP Tokens to get BAKE.
Approve the staking of BLP Tokens first.
Click on the “+” button, stake your BLP Tokens and confirm.
Later, you can harvest your BAKE.
BakerySwap NFT Bidding Guide
BakerySwap has launching the NFT Bidding function recently, which enable NFT enthusiasts to obtain his beloved NFT in a fairer way. Let’s see how to join to participate in NFT Bidding:
If you are a buyer, how to participate in bidding？
Step1
Connect BSC wallet to Bakeryswap.
Step2
Go to the NFT Supermarket interface on bakeryswap.org and select V2 Makert.
Step3
Select the NFT you want to buy, click the button “Approve NFT Supermarket”, and then click “Confirm” in the wallet to complete the transaction.
Step4
Click Bidding, fill in the price you want to buy the artwork, and click “Confirm”. After the submission is successful, you can view your bid in the list.
Step5
During the bidding, you can change your bid. The artist will choose the price they think is appropriate and choose to sell, completing the bidding.
If you are a seller, how to participate in bidding？
Step1
Connect BSC wallet to Bakeryswap.
Step2
Go to the NFT Supermarket interface on bakeryswap.org and select V2 Makert.
Step3
Select NFT Supermarket and click “Mint Artworks”. Fill in the relevant information and list your NFT artwork.
Step4
Check the bids of each buyer in the artwork and choose the price you think matches to sell.
You can also revoke the sale during the bidding process, or choose to relist.
Precautions
1.If you have submitted NFT in** V1**, please cancel and resubmit it in V2 to join Bidding.
2. The submitted NFT order will be entered into the “Order Book” for the buyer to choose whether to trade. Buyers can view the ongoing NFT Bidding orders in “My artworks”. The user can also delete the order by clicking “Remove”.
3. If the buyer changes his mind and resubmits the purchase order at another price, the latest purchase order will overwrite the previous purchase order.
How and Where to Buy BakerySwap (BAKE)?
BAKE has been listed on a number of crypto exchanges, unlike other main cryptocurrencies, it cannot be directly purchased with fiats money. However, You can still easily buy this coin by first buying Bitcoin, ETH, USDT, BNB from any large exchanges and then transfer to the exchange that offers to trade this coin, in this guide article we will walk you through in detail the steps to buy BAKE token
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.
Binance is a popular cryptocurrency exchange which was started in China but then moved their headquarters to the crypto-friendly Island of Malta in the EU. Binance is popular for its crypto to crypto exchange services. Binance exploded onto the scene in the mania of 2017 and has since gone on to become the top crypto exchange in the world.
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)
After the deposit is confirmed you may then purchase BAKE from the exchange.
The top exchange for trading in BAKE token is currently **** Binance, CoinBene, Gate.io, Hoo, and PancakeSwap***
Apart from the exchange(s) above, 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 BAKE 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
☞ https://www.binance.com
☞ https://www.bittrex.com
☞ https://www.poloniex.com
☞ https://www.bitfinex.com
☞ https://www.huobi.com
Find more information BAKE
☞ Website ☞ Explorer ☞ Source Code ☞ Social Channel ☞ Social Channel 2 ☞ Message Board ☞ Coinmarketcap
Would you like to earn BAKE right now! ☞ CLICK HERE
🔺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.
🔥 If you’re a beginner. I believe the article below will be useful to you
⭐ ⭐ ⭐ What You Should Know Before Investing in Cryptocurrency - For Beginner ⭐ ⭐ ⭐
Thank for visiting and reading this article! Please don’t forget to leave a like, comment and share!
#blockchain #crypto #bakeryswap #bake
What is GEEK
Buddha Community
1613704420
What is BakerySwap (BAKE) | What is BakerySwap token | What is BAKE token
BakerySwap bills itself as the next iteration of Uniswap. It aims to be a faster, cheaper, and tastier version of Uniswap. Liquidity providers will be rewarded with BAKE tokens from which they can earn a share of BakerySwap’s trading fees and use for voting as part of BakerySwap’s governance.
Introducing BakerySwap, an AMM Dex on Binance Smart Chain
Eaten your fill of raw fish? The Bakery doors will be opening soon, and we’ve got a new, smarter (and cheaper) farming experience ready to serve up.
Why Binance Smart Chain?
To be frank, Ethereum’s current gas fees have been exorbitant to say the least and the barrier to entry for participating in on-chain activities is only getting higher and higher. Enter Binance Smart Chain. By leveraging BSC, we will be able to increase the speed of transactions while massively reducing the fees at the same time. Perfect, right?
BakerySwap in a nutshell:
- No pre-sale and no pre-mine. Fair distribution of all BAKE tokens
- The BakerySwap team will only receive 1% of all BAKE farmed (i.e. the Bakery team gets 1 BAKE token for every 100 BAKE farmed).
- Maximum rewards for BAKE stakers. The BAKE-BNB pool will earn 10x rewards compared to other pools.
- The first Binance Smart Chain AMM to offer alt-coin liquidity pools (LPs) such as LINK, DOT, etc.
- One of the very first to utilize Binance Smart Chain for an AMM DEX.
- We’re taking full advantage of the Binance community by providing arbitrage opportunities amongst BEP2 and BEP20 tokens that are hosted on Binance.com or on the Binance DEX.
How does BakerySwap work?
BakerySwap is the next iteration of the by now infamous Uniswap. It’s like Uniswap, but faster, cheaper and dare we say it… tastier? In addition to all of the above, liquidity providers will also be rewarded with BAKE tokens from which they can earn a share of BakerySwap’s trading fees and use for voting as part of BakerySwap’s governance.
Initial Liquidity Pools(LPs)
BakerySwap has 2 types of liquidity pools:
- With BAKE rewards.
- Without BAKE rewards.
This is to facilitate the creation of new LPs by the community. Only designated LPs will have BAKE rewards and among those the reward multiplier for each will vary, typically based on the value they provide to BAKE holders.
The initial set of LPs and BAKE reward multipliers as below:
- BEP20 BAKE-BNB, 10x BAKE rewards
- BEP20 BUSD-BNB, 3x BAKE rewards
- BEP20 ETH-BNB, 1x BAKE rewards
- BEP20 BTC-BNB, 1x BAKE rewards
- BEP20 DOT-BNB, 1x BAKE rewards
- BEP20 LINK-BNB, 1x BAKE rewards
Trading fee and reward distribution
BakerySwap applies a 0.30% fee to all swaps/trades, of which 0.25% will go to Liquidity Providers (LPs), and 0.05% will be converted to BAKE tokens and given to BAKE holders as additional rewards.
Liquidity providers are given liquidity pool tokens (Bakery LPs) that represent their share of each pool, and can earn a portion of the fees collected in these pools when removing liquidity.
LPs can then stake their Bakery LP tokens to farm BAKE token rewards.
How will BAKE release and distribute?
BAKE tokens will be gradually released to liquidity pools according to their respective reward multiplier (e.g. 1x , 3x , etc).
Early farmers (or as we like to think of them, early “bakers”) will be greatly rewarded in terms of the initial “BAKE per block” release.
Initial release schedule:
- First 30,000 BSC blocks (approx 1 day) — 400 BAKE per block
- 30,001–900,000 BSC blocks (approx 29 days) — 300,000 BAKE reduced day by day, 255 BAKE per block on average
- 900,0001 BSC blocks until full supply released (approx 11 months) —300,000 BAKE reduced month by month, 73 BAKE per block on average
The total supply of BAKE is 731,745,000
BAKE Farming Tutorial
- Connect to the Binance Smart Chain through Metamask
Log in to https://bakeryswap.org/
Connect to the Binance Smart Chain through Metamask. Tutorial: https://docs.binance.org/smart-chain/wallet/metamask.html
Go to the setting page and add a new network:
Configure the network as follows:
Network name: Binance Smart Chain
Added RPC URL: https://bsc-dataseed1.binance.org/
ChainID: 56
Symbol: BNB
Block Explorer URL: https://bscscan.com/
2. Get BEP20 BNB
Buy some BNB at binance.com, select BEP20 on the BNB withdrawal page, and input your Metamask BEP20 address, then withdraw them, and you will have BEP20 BNB in your Metamask wallet.
3. Trade with BakerySwap
Input a trading pair and amount, click the Swap button. After that, confirm the transaction on MetaMask.
4. Provide liquidity
- BakerySwap starts with 6 liquidity farming pools: BAKE/BNB, BUSD/BNB, ETH/BNB, BTC/BNB, DOT/BNB, LINK/BNB.
- Select a trading pair, then input the number of tokens you want to provide. Click the “Supply” button and then confirm it on MetaMask, You will get some BLP Tokens as a reward.
5. Stake Bakery LPs (BLP) to get BAKE
On the “Earn BAKE” page, you can stake your BLP Tokens to get BAKE.
Approve the staking of BLP Tokens first.
Click on the “+” button, stake your BLP Tokens and confirm.
Later, you can harvest your BAKE.
BakerySwap NFT Bidding Guide
BakerySwap has launching the NFT Bidding function recently, which enable NFT enthusiasts to obtain his beloved NFT in a fairer way. Let’s see how to join to participate in NFT Bidding:
If you are a buyer, how to participate in bidding？
Step1
Connect BSC wallet to Bakeryswap.
Step2
Go to the NFT Supermarket interface on bakeryswap.org and select V2 Makert.
Step3
Select the NFT you want to buy, click the button “Approve NFT Supermarket”, and then click “Confirm” in the wallet to complete the transaction.
Step4
Click Bidding, fill in the price you want to buy the artwork, and click “Confirm”. After the submission is successful, you can view your bid in the list.
Step5
During the bidding, you can change your bid. The artist will choose the price they think is appropriate and choose to sell, completing the bidding.
If you are a seller, how to participate in bidding？
Step1
Connect BSC wallet to Bakeryswap.
Step2
Go to the NFT Supermarket interface on bakeryswap.org and select V2 Makert.
Step3
Select NFT Supermarket and click “Mint Artworks”. Fill in the relevant information and list your NFT artwork.
Step4
Check the bids of each buyer in the artwork and choose the price you think matches to sell.
You can also revoke the sale during the bidding process, or choose to relist.
Precautions
1.If you have submitted NFT in** V1**, please cancel and resubmit it in V2 to join Bidding.
2. The submitted NFT order will be entered into the “Order Book” for the buyer to choose whether to trade. Buyers can view the ongoing NFT Bidding orders in “My artworks”. The user can also delete the order by clicking “Remove”.
3. If the buyer changes his mind and resubmits the purchase order at another price, the latest purchase order will overwrite the previous purchase order.
How and Where to Buy BakerySwap (BAKE)?
BAKE has been listed on a number of crypto exchanges, unlike other main cryptocurrencies, it cannot be directly purchased with fiats money. However, You can still easily buy this coin by first buying Bitcoin, ETH, USDT, BNB from any large exchanges and then transfer to the exchange that offers to trade this coin, in this guide article we will walk you through in detail the steps to buy BAKE token
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.
Binance is a popular cryptocurrency exchange which was started in China but then moved their headquarters to the crypto-friendly Island of Malta in the EU. Binance is popular for its crypto to crypto exchange services. Binance exploded onto the scene in the mania of 2017 and has since gone on to become the top crypto exchange in the world.
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)
After the deposit is confirmed you may then purchase BAKE from the exchange.
The top exchange for trading in BAKE token is currently **** Binance, CoinBene, Gate.io, Hoo, and PancakeSwap***
Apart from the exchange(s) above, 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 BAKE 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
☞ https://www.binance.com
☞ https://www.bittrex.com
☞ https://www.poloniex.com
☞ https://www.bitfinex.com
☞ https://www.huobi.com
Find more information BAKE
☞ Website ☞ Explorer ☞ Source Code ☞ Social Channel ☞ Social Channel 2 ☞ Message Board ☞ Coinmarketcap
Would you like to earn BAKE right now! ☞ CLICK HERE
🔺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.
🔥 If you’re a beginner. I believe the article below will be useful to you
⭐ ⭐ ⭐ What You Should Know Before Investing in Cryptocurrency - For Beginner ⭐ ⭐ ⭐
Thank for visiting and reading this article! Please don’t forget to leave a like, comment and share!
#blockchain #crypto #bakeryswap #bake
1622197808
SafeMoon Clone | Create A DeFi Token Like SafeMoon | DeFi token like SafeMoon
SafeMoon is a decentralized finance (DeFi) token. This token consists of RFI tokenomics and auto-liquidity generating protocol. A DeFi token like SafeMoon has reached the mainstream standards under the Binance Smart Chain. Its success and popularity have been immense, thus, making the majority of the business firms adopt this style of cryptocurrency as an alternative.
A DeFi token like SafeMoon is almost similar to the other crypto-token, but the only difference being that it charges a 10% transaction fee from the users who sell their tokens, in which 5% of the fee is distributed to the remaining SafeMoon owners. This feature rewards the owners for holding onto their tokens.
Read More @ https://bit.ly/3oFbJoJ
#create a defi token like safemoon #defi token like safemoon #safemoon token #safemoon token clone #defi token
1621844791
SafeMoon Clone | SafeMoon Token Clone | SafeMoon Token Clone Development
The SafeMoon Token Clone Development is the new trendsetter in the digital world that brought significant changes to benefit the growth of investors’ business in a short period. The SafeMoon token clone is the most widely discussed topic among global users for its value soaring high in the marketplace. The SafeMoon token development is a combination of RFI tokenomics and the auto-liquidity generating process. The SafeMoon token is a replica of decentralized finance (DeFi) tokens that are highly scalable and implemented with tamper-proof security.
The SafeMoon tokens execute efficient functionalities like RFI Static Rewards, Automated Liquidity Provisions, and Automatic Token Burns. The SafeMoon token is considered the most advanced stable coin in the crypto market. It gained global audience attention for managing the stability of asset value without any fluctuations in the marketplace. The SafeMoon token clone is completely decentralized that eliminates the need for intermediaries and benefits the users with less transaction fee and wait time to overtake the traditional banking process.
Reasons to invest in SafeMoon Token Clone :
- The SafeMoon token clone benefits the investors with Automated Liquidity Pool as a unique feature since it adds more revenue for their business growth in less time. The traders can experience instant trade round the clock for reaping profits with less investment towards the SafeMoon token.
- It is integrated with high-end security protocols like two-factor authentication and signature process to prevent various hacks and vulnerable activities. The Smart Contract system in SafeMoon token development manages the overall operation of transactions without any delay,
- The users can obtain a reward amount based on the volume of SafeMoon tokens traded in the marketplace. The efficient trading mechanism allows the users to trade the SafeMoon tokens at the best price for farming. The user can earn higher rewards based on the staking volume of tokens by users in the trade market.
- It allows the token holders to gain complete ownership over their SafeMoon tokens after purchasing from DeFi exchanges. The SafeMoon community governs the token distribution, price fluctuations, staking, and every other token activity. The community boosts the value of SafeMoon tokens.
- The Automated Burning tokens result in the community no longer having control over the SafeMoon tokens. Instead, the community can control the burn of the tokens efficiently for promoting its value in the marketplace. The transaction of SafeMoon tokens on the blockchain platform is fast, safe, and secure.
The SafeMoon Token Clone Development is a promising future for upcoming investors and startups to increase their business revenue in less time. The SafeMoon token clone has great demand in the real world among millions of users for its value in the market. Investors can contact leading Infinite Block Tech to gain proper assistance in developing a world-class SafeMoon token clone that increases the business growth in less time.
#safemoon token #safemoon token clone #safemoon token clone development #defi token
1624230000
How to Buy FEG Token - The EASIEST Method 2021. JUST IN A FEW MINUTES!!!
How to Buy FEG Token - The EASIEST Method 2021
In today’s video, I will be showing you guys how to buy the FEG token/coin using Trust Wallet and Pancakeswap. This will work for both iOS and Android devices!
📺 The video in this post was made by More LimSanity
The origin of the article: https://www.youtube.com/watch?v=LAVwpiEN6bg
🔺 DISCLAIMER: The article is for information sharing. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Not investment advice or legal advice.
Cryptocurrency trading is VERY risky. Make sure you understand these risks and that you are responsible for what you do with your money
🔥 If you’re a beginner. I believe the article below will be useful to you ☞ What You Should Know Before Investing in Cryptocurrency - For Beginner
⭐ ⭐ ⭐The project is of interest to the community. Join to Get free ‘GEEK coin’ (GEEKCASH coin)!
☞ **-----CLICK HERE-----**⭐ ⭐ ⭐
Thanks for visiting and watching! Please don’t forget to leave a like, comment and share!
#bitcoin #blockchain #feg token #token #how to buy feg token #how to buy feg token - the easiest method 2021
1623836330
Embrace the growth of DeFi Token Development Like SafeMoon in real-world
“The DeFi token development like SafeMoon was initially launched in March 2021 and created huge hype among global users. It is noted that more than 2 million holders have adopted this SafeMoon token in recent times after its launch in the market. The DeFi token like SafeMoon has hit the market cap for about $2.5 billion. This digital currency has experienced a steady increase in its price value to top the crypto list in the trade market. The future of cryptocurrency is expanding wide opportunities for upcoming investors and startups to make their investments worthy.”
The SafeMoon like token development is becoming more popular in the real world, making investors go crazy over these digital currencies since their value is soaring high in the marketplace. The DeFi like SafeMoon token has grabbed users attention in less time when compared to other crypto tokens in the market. The SafeMoon like token exists on the blockchain for the long run and does not rely on any intermediaries like financial institutions or exchanges. It has a peer-to-peer (P2P) network that benefits global users from experiencing fast and secure transactions.
What is SafeMoon?
SafeMoon is considered a decentralized finance (DeFi) token with great demand and value in the crypto market. It is mainly known for its functionalities like Reflection, LP Acquisition and burning. The DeFi token like SafeMoon functions exactly like tokenomics of the reflected finance, and it is operated through the Binance Smart Chain framework. It is a combination of liquidity generating protocol and RFI tokenomics in the blockchain platform. The launch of the SafeMoon token eliminates the need for central authority like banks or governments to benefit the users with secure processing at high speed without any interruption.
SafeMoon Tokenomics :
The SafeMoon tokenomics describes the economic status of the crypto tokens and has a more sound monetary policy than other competitors in the market. However, it is figured that investment towards DeFi like SafeMoon tokens has a higher potential for returns to benefit the investors in future and the risk associated with it is less. The total supply of SafeMoon tokens is estimated at 1,000,000,000,000,000, and 600,000,000,000 of these tokens are still in circulation. Burned Dev tokens supply is calculated as 223,000,000,000,000, and the shorthand is 223 Trillion. The Fair launch supply is closed around 777,000,000,000,000, and it is circulated for about 777 Trillion.
SafeMoon Specification :
The SafeMoon like DeFi token development is currently the fast-moving cryptos and struck the market cap for about $2,965,367,638. The SafeMoon token price value is found to be $0.000005065 that lured a wide range of audience attention in a short period. The total supply of tokens in the present is one quadrillion tokens.
SafeMoon Protocol :
The SafeMoon Protocol is considered as community-driven DeFi token that focuses on reflection, LP acquisition, and burn in each trade where the transaction is taxed into 5% fee redistributed to all existing holders, 5% fee is split into 50/50 where the half is sold by the contract into BNB and another half of SafeMoon tokens pairs with BNB and added as liquidity pair on PancakeSwap.
Safety: A step by step plan for ensuring 100% safety.
- Dev burned all tokens in the wallet before the launch.
- Fair launch on DxSale.
- LP locked on DxLocker for four years
- LP generated with every trade and locked on Pancake
Why is there a need for reflection & static?
The reflect mechanism effectively allows token holders to hang on their tokens based on percentages carried out and relying upon total tokens held by owners. The static rewards play a significant role in solving a host of problems to benefit the investors with profits based on the volume of tokens being traded in the market. This mechanism focuses on satisfying the early adopters selling their tokens after farming high APYs.
What is the role of Manual Burns?
The manual burns do matter at times, and sometimes they don’t. The continuous burn on any protocol is efficient for a shorter period, which means there is no possibility of controlling it in any way. It is necessary to have the SafeMoon like token burns controlled and promoted for further achievements over community rewards. It is possible that even manual burns and the amounts to be tracked down easily and advertised. The burn strategy of DeFi like SafeMoon token, is beneficial and rewarding for users engaged over the long term.
How efficient is Automatic Liquidity Pool (LP)?
The SafeMoon protocol ensures to take the assets automatically from token holders and locks them for liquidity. The main intention is to keep the holder in touch with the performance of the SafeMoon token by preventing the dips from whales when they are adopted for the mass trade-off.
The DeFi like SafeMoon token, has great price value in the trade market with fewer fluctuations.
Attractive features present in DeFi like SafeMoon token platform :
- Stable Rewards
- Manual Burning
- LP Acquisition
- Community Governed Tokens
- RFI Staking Rewards
- Automated Liquidity Pool
- Automated Market Making
What are the benefits offered in SafeMoon like Token Development?
- The SafeMoon like token development maintains high transparency over user transaction details to gain their trust.
- It eliminates the need for intermediaries in DeFi token like SafeMoon platform to benefit the users with less gas fee, wait time and faster transaction speed.
- The DeFi token development like SafeMoon supports borderless transactions for users to transfer funds from anywhere and anytime.
- It benefits the token holders from gaining exclusive ownership rights over their purchased DeFi like SafeMoon tokens from the marketplace.
- The smart contracts present in DeFi like SafeMoon token platform manages to operate the overall flow of transactions without any delay.
- Investors can generate immediate liquidity from DeFi like SafeMoon tokens to increase their business revenue in a short period.
Summing Up :
The DeFi token development like SafeMoon is the next game-changer for the upcoming generation to explore the benefits for their business growth. The investments towards DeFi like SafeMoon token has excellent value in the long run that benefits the investors with high returns. It is highly efficient for trade, buy/sell and transaction. Investors can connect with any reputed blockchain company with professional experience developing a world-class DeFi like SafeMoon token platform with high-end features cost-effectively.
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