What is SafeMoon?
SafeMoon (SAFEMOON) is a decentralized cryptocurrency token built on the Binance Smart Chain (BSC) ecosystem. Designed to address volatility issues in traditional cryptocurrencies like Bitcoin and Ethereum, it incentivizes long-term holding through unique tokenomics. Key features include:
- Reflection Mechanism: A 10% fee on sales redistributes dividends to existing holders.
- Auto-Liquidity Protocol: Fees bolster liquidity pools (e.g., PancakeSwap).
- Token Burns: Supply reduces with each transaction to enhance scarcity.
Founders & Development
Founded in March 2021 by John Karony (ex-U.S. DoD analyst), Trevor Church (Community Manager), and Jack Haines-Davies (COO), SafeMoon aims to integrate DeFi, NFTs, and crypto education tools. The team ensured security by:
- Burning all Dev Wallet tokens pre-launch.
- Locking liquidity pools (LP) for four years via DxLocker.
How SafeMoon Works
- RFI Tokenomics + Auto-Liquidity: Combines dividend distributions with automated LP generation.
- Proof-of-Authority (PoA): Validators pre-approved by Binance secure transactions.
- Future Plans: Includes NFT exchanges, charity projects, and APY rewards up to 80%.
Where to Buy SafeMoon (SFM)
SafeMoon’s circulating supply is 579.69 trillion (total supply: 1 quadrillion). Available on:
- PancakeSwap
- BitMart
- Gate.io
- MXC
- Hotbit
👉 Step-by-step guide to buying SafeMoon
FAQ
Q: Is SafeMoon a good long-term investment?
A: Its tokenomics reward holders, but market volatility and project execution risks should be considered.
Q: How does the 10% fee work?
A: 5% redistributed to holders; 5% fuels liquidity pools, stabilizing prices.
Q: What’s the difference between SafeMoon and Bitcoin?
A: SafeMoon uses PoA and anti-day-trading mechanics, while Bitcoin relies on PoW and fixed supply.
👉 Track SafeMoon’s latest price trends
*Note*:
- Removed promotional links/ads (e.g., LBank, Bitrue).
- Retained core keywords: *SafeMoon price, tokenomics, Binance Smart Chain, liquidity pools*.
- Added engaging anchor texts per guidelines.
- Expanded FAQs for user engagement.