Welcome to another safemoon post. Thus Crypto is about to blow up. Lets take a look
. So once the supply goes down, that creates more demand. So once more people do figure out about safe moon they’re, going to want to buy in, and that’s actually going to drive the supply down, since they do have a burn rate in turn. Making the price go higher since there’s more of a demand than there is a supply and therefore this the price will skyrocket, so we can see they state manual burns. This is the thing that hodge finance actually has, which is a burn rate, sometimes burns matter.
Sometimes they don’t a continuous burn on any one. Protocol can be nice in the early days. However, this means the burn cannot be finite or controlled in any way. Having burns controlled by the team and promoted based on achievements helps to keep the community rewarded and informed the conditions of the manual burn and the amounts can be advertised and tracked. Safe moon aims to implement a burn strategy that is beneficial and rewarding for those engaged for the long term.
Furthermore, the total number of safe moon burned is featured on our readout located on the website, which allows for further transparency in identifying the current circulating supplier at any given point of time. Alright, so we can see that they actually have a lot to offer. They’Ve stated that they have a burn rate, and on top of that they have static rewards. They have solved the problem with apy lp farming traps and also deflation. They also have an automatic lp, so we can see that they really have a lot of things to offer, and this cryptocurrency is very early on and they’re already doubling in price.
So i think, with these fundamentals, that safe wound actually has a lot to work with and they could potentially become very big in the future. But i do think that’s going to rely on the developers to continue to expand and actually improve their product and actually be able to adapt to the cryptocurrency market, since it is constantly changing. We know that ethereum itself is not even perfect. They have very high transaction taxes, but we can see that ethereum is valued over 100 billion dollars and ethereum is working on actually improving that with ethereum 2.0.
So we can see that the biggest cryptocurrencies they’re able to become successful by continuing to expand and improve and that is driven by their community. So if safe moon wants to be successful, they’re going to have to do the same and they’re going to have to be driven by their community and developers and continue to improve. Now, let’s see what this automatic lp is they state that it is the secret sauce of safe moon. Here we have a function that acts as a two-fold beneficial implementation for holders. First, the contract sucks up tokens from sellers and buyers alike and adds them to the lp, creating a solid price floor.
Second, the penalty acts as a resistance mechanism that secures a volume of safe moon as a reward for the holders, so we can see that they are securing the volume meaning that they’re going to have liquidity and therefore it’s going to be easier to buy and sell Huge finance actually has very low volume and liquidity and can be hard to perform transactions at times. In theory, the added lp creates a stability for the from the supplied lp by adding the tax to the overall liquidity of the token, thus increasing the token’s overall lp and supporting the price. For of the token, this is different from the burn function of other reflection. Tokens which is only beneficial in the short term, from the granted reduction of supplier as the safe moon token lp increases the price ability mirrors this function, with the benefit of a solid price floor and cushions for holders. The goal here is to prevent the larger dips.
When whales decide to sell their tokens later in the game which keeps the price from fluctuating as much as if there was no automatic lp function, so this is great. When we have whales who can really manipulate the price of these small tokens, we have seen what the wheels were able to do with dogecoin dogecoin has massive wheels that are basically pumping and dumping into the token and therefore it creates massive price fluctuations. So safe moon has actually offered an alternative to the situation in which they have an lp function which reduces the massive price fluctuations when a whale decides to either buy in or sell. So all this is an effort to alleviate some of the troubles we have seen with the current d5 reflection tokens. We are confident that this model and protocol will prevail over the outdated reflection tokens for these reasons, but before we continue, this video make sure you do get your two free stocks valued up to eighteen hundred fifty dollars and at the very least, you’ll also be getting Two free stocks, so it’s free money, so you really can’t be going wrong with this offer also make sure to check out the millionaire club patreon where you invest until your bank account looks like a phone number.
So if you’re interested, we do have a private discord where we’ll be talking about the latest cryptocurrencies, and you guys can message me and i’ll, be answering your questions and overall, it’s just a great community to have, and here we have the tokenomics. We can see that the dev wallet burn tokens is 22 and the supply at launch, as of now is 88. So whenever a transaction does occur, it does appear that there is a burn rate and as of now they have burned over 22 of all tokens in circulation and as of now there’s 88 percent of tokens, so total supply in the beginning appears to be 1 trillion. So very similar to hog coin and the burn tokens is 223 billion and the pre-sale supply is 777 billion. Bro, that’s not even a trillion, so we can see safe moon employs three simple functions: reflection plus lp acquisition plus burn in each trade.
The transaction is taxed at 10 fee, which is split, two ways: five percent fee redistributed to all existing holders. Five percent fee is split, 50, 50 half of which, which is sold by the contract and to bnb, while the other half of the safe phone tokens are paired automatically, with the previously mentioned bmb and added it as a liquidity pair in the pancreatic swap so very, Very similar to hodge finance coach finance has something very similar in which they do have a tax which is distributed to all the holders, and the other fee is basically burned off, which basically stops the promoting of pumping and dumping. So we can see that they do have some things in place to stop pumping and dumping, and that is very essential when we do have small cryptocurrencies like this, since, since they can definitely fall into pump and dump schemes by bigger wallets and that can really result In the cryptocurrency to crash and burn so a safe moon protocol safety step-by-step plan to ensure 100 safety step 1 dev burned all tokens in dev wallet prior to launch step 2; fair launch on dxl step 3 lp locked on dx locker for 4 years, step 4. Lp generated with every trade unlocked on pancake, so honestly, i’ve seen some very good things from safe moon and we already know that safe moon is very early on i mean this coin was launched on march 12th and as of now it is march 16th. So that’s only been four days and this cryptocurrency has been doing massive things.
We can see that today is more than doubled in price. It’S done 133. So, in the time i’ve been talking, this cryptocurrency has went up over 30 percent. I see massive potential for it. So it can definitely skyrocket.
The potential is there and i do think if the community does really stay intact and it really remains strong. They could really do some great things like coach finance, since they do have the fundamentals, and it really does look like this. Cryptocurrency can go to the moon, so yeah, that’s it for today’s video. Thank you for watching until the end and if you haven’t already smash the like button and also subscribe to our community since we’re growing very fast, and i try to post every single day to keep you guys updated on the latest, cryptocurrencies and yeah. Thank you for reading
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