What is Nexus Mutual (NXM) | What is Nexus Mutual token | What is NXM token

What Is NXM (NXM)?

Launched in May 2019, Nexus Mutual is a decentralized insurance protocol built on Ethereum. It offers users the ability to take out covers on smart contracts through the usage of its native token NXM.

Nexus Mutual uses a risk-sharing pool that allows anyone to purchase on insurance cover or contribute their capital to the pool for future rewards. Nexus Mutual tries to disrupt the insurance industry by transitioning the power over the pooled resources to the individual people. Anyone is allowed to participate, as the mutual is owned by its members. Users can contribute Ethereum ( ETH) to the pool for NXM.

Who Are the Founders of NXM?

NXM was founded by Hugh Karp. Before founding NXM, he worked as the CFO of Munich Re.

He has also worked as an actuary in life insurance at MLC & Nab Health.

What Makes NXM Unique?

Nexus Mutual is taking on the issue of smart contract vulnerability and provides users with a level of protection that can help avoid losses.

Nexus Mutual’s first product were smart contract covers that provided protection for value storing contracts. In order for the project to start processing claims, it needed to reach a pool of 12,000 ETH, which was achieved two months after the launch.

The NXM token represents the membership rights in Nexus Mutual, along with the ability to participate within the ecosystem through claim and risk assessments and governance. The token leverages a bonding curve to determine the price, which is driven by how much capital the Mutual has and how much capital it needs to meet all of the claims with a certain probability.

Users can stake NXM to vote on claim assessments and on whether or not a certain claim needs to be paid out. The members who decide to vote in accordance with the consensus are rewarded with NXM, whereas the ones that vote against it have their tokens locked for a period of time.

Members fulfill several roles, one of which is that of assessing the risk of each smart contract. Whenever a claim is filed, they are responsible for voting on the legitimacy of that claim and on whether the payout can be made or not.

Members can also use their tokens to vote on smart contracts based on how secure they think each particular contract is. The more NXM is staked on a smart contract, the cheaper it becomes to purchase cover for it; the large amount at stake is an indicator that the contract is considered safe by many members.

What Does Nexus Mutual Do?

As the project’s name implies, Nexus Mutual is a mutual like any other. An insurance mutual is a firm that is entirely owned by its policyholders.  PEMCO and  Mutual of Omaha are traditional examples of an insurance mutual.

Any profits these businesses make are recycled back into the company or distributed to policyholders as dividends. This model differs from how an insurance company, like  Allianz, works. Profits made in the latter model are distributed to shareholders, regardless if they are policyholders or not.

There are advantages and disadvantages to both, and Nexus Mutual incorporates features of each. But due to how nascent the project is, the current applications are limited. So far, though, these few applications have been compelling and worth our attention.

For starters, Nexus Mutual does not protect users from earthquakes, car damage, or long-term disability. Instead, it’s focused on a crypto-only use case: Smart contract failure.

As veterans and newcomers have seen time and again, the world of digital assets is  fraught with vulnerabilities. This could be in the form of exchanges being cracked, a token wallet malfunctioning, or even fat-finger errors. These days a common concern, especially in the decentralized finance (DeFi) space, is that of smart contract vulnerabilities.

Even smart contracts that have been audited by notable third-parties have  fallen victim to some complex attack. And in many cases, it’s the users, as well as project founders, who suffer lost funds.

Nexus Mutual is taking on this particular vulnerability. According to the project’s GitBook, so-called “ Smart Contract Cover“ would provide users an extra level of safety for events like the DAO hack in 2016. The definition is quite firm about which events would trigger a payout, too.

A payout isn’t triggered by a phishing attack or problems created by network congestion, for instance. Likewise, oracles, miners, and entities external to the smart contract are not covered.

That’s why users should review the conditions of the coverage they are purchasing.

But, as we’ll see below, the members of the mutual have the final word on whether a payout should be triggered or not.

How to Buy Smart Contract Cover

In broad strokes, Nexus Mutual allows members of its community to buy cover against a particular risk. It’s an enticing proposition, but how does it work?

Go to the Nexus Mutual site and click on “Buy Cover” from the home page. Then you need to decide which protocol you want coverage for. The range is broad and includes all the major DeFi protocols from  1inch.exchange,  yEarn Finance,  Opyn, and many others.

Nexus Mutual Cover

_Source: _Nexus Mutual

From there, you then need to decide how much coverage you want and for how long. After you complete this step, and you are not already a member, you will be asked to join the mutual.

Joining Nexus Mutual entails paying 0.002 ETH and filling out standard KYC/AML processes. Though it is a DeFi-centric protocol, Nexus Mutual is a  legally registered company based in the United Kingdom.

Being a member also means that you are an NXM token holder. Members are responsible for arbitrating governance proposals, as well as claims and risk assessments.

Let’s take a closer look at the role of Nexus Mutual members.

How Does the NXM Token Work?

The  NXM token represents governance rights and affords members the ability to participate in claims and risk assessment.  Hodlers of the NXM token operates Nexus Mutual. Members can’t vote until they stake NXM tokens. And earning NXM tokens incentivizes them to participate. Again, only those who vote on the winning side earn new tokens with rewards flowing in proportion to the size of the payout

NXM tokens gain value when Nexus Mutual’s insurance obligations are thoroughly covered. But prices drop as users purchase more cover. This incentivizes more investors to join.

To get more technical, Nexus Mutual leverages a  bonding curve to determine NXM’s price. The amount of capital locked in the protocol and capital requirements needed to meet potential outstanding claim demands determines the price.

That’s a long way of saying that the more capital that’s locked in the Nexus Mutual protocol, the higher the price of NXM will be. Also, members may share in any excess capital. NXM tokens can be redeemed for ETH directly from the Nexus platform. And there are no immediate plans to list NXM on an exchange.

The NXM token can only be purchased through the Nexus Mutual platform. It is not for sale on Uniswap, Binance, or any other trading platform.

The token economics for this cryptocurrency are designed so that all value created is a function of the health of the platform. Though the token’s price is technically market-driven, the formula is slightly more complicated than simple supply and demand. This is the equation:

Nexus Mutual NXM Token Price Formula
_Source: _Nexus Mutual Token Model

The MCR is the level that defines whether all claims on Nexus Mutual can be fulfilled or not. The higher this value, the higher the probability that all claims can be paid. So, the more funds that are on the platform, the more expensive the token will be.

And as every token holder is also a member of the platform, individual members benefit from the success of the whole. As the platform becomes richer, so too do all of its members.

Would you like to earn TOKEN right now! ☞ CLICK HERE

How and Where to Buy Nexus Mutual (NXM)?

NXM 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 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 NXM

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

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)

SIGN UP ON BINANCE

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

Next step - Transfer your cryptos to an Altcoin Exchange

Since NXM is an altcoin we need to transfer our coins to an exchange that NXM can be traded. Below is a list of exchanges that offers to trade NXM in various market pairs, head to their websites and register for an account.

Once finished you will then need to make a BTC/ETH/USDT deposit to the exchange from Binance depending on the available market pairs. After the deposit is confirmed you may then purchase NXM from the exchange.

Exchange: Nexus Mutual Exchange

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 NXM 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
https://www.mxc.ai
https://www.probit.com
https://www.gate.io
https://www.coinbase.com

Find more information NXM

WebsiteExplorerExplorer 2Source CodeSocial ChannelSocial Channel 2Social Channel 3Coinmarketcap

Learn about Cryptocurrency in this article ☞ What You Should Know Before Investing in Cryptocurrency - For Beginner

Thank for visiting and reading this article! I’m highly appreciate your actions! Please share if you liked it!

#blockchain #bitcoin #crypto #nexus mutual #nxm

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What is Nexus Mutual (NXM) | What is Nexus Mutual token | What is NXM token

What is Nexus Mutual (NXM) | What is Nexus Mutual token | What is NXM token

What Is NXM (NXM)?

Launched in May 2019, Nexus Mutual is a decentralized insurance protocol built on Ethereum. It offers users the ability to take out covers on smart contracts through the usage of its native token NXM.

Nexus Mutual uses a risk-sharing pool that allows anyone to purchase on insurance cover or contribute their capital to the pool for future rewards. Nexus Mutual tries to disrupt the insurance industry by transitioning the power over the pooled resources to the individual people. Anyone is allowed to participate, as the mutual is owned by its members. Users can contribute Ethereum ( ETH) to the pool for NXM.

Who Are the Founders of NXM?

NXM was founded by Hugh Karp. Before founding NXM, he worked as the CFO of Munich Re.

He has also worked as an actuary in life insurance at MLC & Nab Health.

What Makes NXM Unique?

Nexus Mutual is taking on the issue of smart contract vulnerability and provides users with a level of protection that can help avoid losses.

Nexus Mutual’s first product were smart contract covers that provided protection for value storing contracts. In order for the project to start processing claims, it needed to reach a pool of 12,000 ETH, which was achieved two months after the launch.

The NXM token represents the membership rights in Nexus Mutual, along with the ability to participate within the ecosystem through claim and risk assessments and governance. The token leverages a bonding curve to determine the price, which is driven by how much capital the Mutual has and how much capital it needs to meet all of the claims with a certain probability.

Users can stake NXM to vote on claim assessments and on whether or not a certain claim needs to be paid out. The members who decide to vote in accordance with the consensus are rewarded with NXM, whereas the ones that vote against it have their tokens locked for a period of time.

Members fulfill several roles, one of which is that of assessing the risk of each smart contract. Whenever a claim is filed, they are responsible for voting on the legitimacy of that claim and on whether the payout can be made or not.

Members can also use their tokens to vote on smart contracts based on how secure they think each particular contract is. The more NXM is staked on a smart contract, the cheaper it becomes to purchase cover for it; the large amount at stake is an indicator that the contract is considered safe by many members.

What Does Nexus Mutual Do?

As the project’s name implies, Nexus Mutual is a mutual like any other. An insurance mutual is a firm that is entirely owned by its policyholders.  PEMCO and  Mutual of Omaha are traditional examples of an insurance mutual.

Any profits these businesses make are recycled back into the company or distributed to policyholders as dividends. This model differs from how an insurance company, like  Allianz, works. Profits made in the latter model are distributed to shareholders, regardless if they are policyholders or not.

There are advantages and disadvantages to both, and Nexus Mutual incorporates features of each. But due to how nascent the project is, the current applications are limited. So far, though, these few applications have been compelling and worth our attention.

For starters, Nexus Mutual does not protect users from earthquakes, car damage, or long-term disability. Instead, it’s focused on a crypto-only use case: Smart contract failure.

As veterans and newcomers have seen time and again, the world of digital assets is  fraught with vulnerabilities. This could be in the form of exchanges being cracked, a token wallet malfunctioning, or even fat-finger errors. These days a common concern, especially in the decentralized finance (DeFi) space, is that of smart contract vulnerabilities.

Even smart contracts that have been audited by notable third-parties have  fallen victim to some complex attack. And in many cases, it’s the users, as well as project founders, who suffer lost funds.

Nexus Mutual is taking on this particular vulnerability. According to the project’s GitBook, so-called “ Smart Contract Cover“ would provide users an extra level of safety for events like the DAO hack in 2016. The definition is quite firm about which events would trigger a payout, too.

A payout isn’t triggered by a phishing attack or problems created by network congestion, for instance. Likewise, oracles, miners, and entities external to the smart contract are not covered.

That’s why users should review the conditions of the coverage they are purchasing.

But, as we’ll see below, the members of the mutual have the final word on whether a payout should be triggered or not.

How to Buy Smart Contract Cover

In broad strokes, Nexus Mutual allows members of its community to buy cover against a particular risk. It’s an enticing proposition, but how does it work?

Go to the Nexus Mutual site and click on “Buy Cover” from the home page. Then you need to decide which protocol you want coverage for. The range is broad and includes all the major DeFi protocols from  1inch.exchange,  yEarn Finance,  Opyn, and many others.

Nexus Mutual Cover

_Source: _Nexus Mutual

From there, you then need to decide how much coverage you want and for how long. After you complete this step, and you are not already a member, you will be asked to join the mutual.

Joining Nexus Mutual entails paying 0.002 ETH and filling out standard KYC/AML processes. Though it is a DeFi-centric protocol, Nexus Mutual is a  legally registered company based in the United Kingdom.

Being a member also means that you are an NXM token holder. Members are responsible for arbitrating governance proposals, as well as claims and risk assessments.

Let’s take a closer look at the role of Nexus Mutual members.

How Does the NXM Token Work?

The  NXM token represents governance rights and affords members the ability to participate in claims and risk assessment.  Hodlers of the NXM token operates Nexus Mutual. Members can’t vote until they stake NXM tokens. And earning NXM tokens incentivizes them to participate. Again, only those who vote on the winning side earn new tokens with rewards flowing in proportion to the size of the payout

NXM tokens gain value when Nexus Mutual’s insurance obligations are thoroughly covered. But prices drop as users purchase more cover. This incentivizes more investors to join.

To get more technical, Nexus Mutual leverages a  bonding curve to determine NXM’s price. The amount of capital locked in the protocol and capital requirements needed to meet potential outstanding claim demands determines the price.

That’s a long way of saying that the more capital that’s locked in the Nexus Mutual protocol, the higher the price of NXM will be. Also, members may share in any excess capital. NXM tokens can be redeemed for ETH directly from the Nexus platform. And there are no immediate plans to list NXM on an exchange.

The NXM token can only be purchased through the Nexus Mutual platform. It is not for sale on Uniswap, Binance, or any other trading platform.

The token economics for this cryptocurrency are designed so that all value created is a function of the health of the platform. Though the token’s price is technically market-driven, the formula is slightly more complicated than simple supply and demand. This is the equation:

Nexus Mutual NXM Token Price Formula
_Source: _Nexus Mutual Token Model

The MCR is the level that defines whether all claims on Nexus Mutual can be fulfilled or not. The higher this value, the higher the probability that all claims can be paid. So, the more funds that are on the platform, the more expensive the token will be.

And as every token holder is also a member of the platform, individual members benefit from the success of the whole. As the platform becomes richer, so too do all of its members.

Would you like to earn TOKEN right now! ☞ CLICK HERE

How and Where to Buy Nexus Mutual (NXM)?

NXM 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 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 NXM

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

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)

SIGN UP ON BINANCE

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

Next step - Transfer your cryptos to an Altcoin Exchange

Since NXM is an altcoin we need to transfer our coins to an exchange that NXM can be traded. Below is a list of exchanges that offers to trade NXM in various market pairs, head to their websites and register for an account.

Once finished you will then need to make a BTC/ETH/USDT deposit to the exchange from Binance depending on the available market pairs. After the deposit is confirmed you may then purchase NXM from the exchange.

Exchange: Nexus Mutual Exchange

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 NXM 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
https://www.mxc.ai
https://www.probit.com
https://www.gate.io
https://www.coinbase.com

Find more information NXM

WebsiteExplorerExplorer 2Source CodeSocial ChannelSocial Channel 2Social Channel 3Coinmarketcap

Learn about Cryptocurrency in this article ☞ What You Should Know Before Investing in Cryptocurrency - For Beginner

Thank for visiting and reading this article! I’m highly appreciate your actions! Please share if you liked it!

#blockchain #bitcoin #crypto #nexus mutual #nxm

aaron silva

aaron silva

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

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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.

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Angelina roda

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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
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aviana farren

aviana farren

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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