What is SAFEMOON token used for?

How the SAFEMOON token is used. Safemoon is a memecoin like SHIB and DOGE. It features an ecosystem with a DEX.

What is SAFEMOON token?

SAFEMOON is the meme token of the Safemoon Community.

What is the SAFEMOON token used for?

  • Holding / Nothing

What is Safemoon?

Safemoon is a memecoin like SHIB and DOGE. It features an ecosystem with a DEX.

How does Safemoon work?

It’s fair-launched and focused on community. Developers burned all their tokens.

It features an app for Android and iOS.

Users can trade tokens in the app or on the DEX.

Tax: SAFEMOON features a tax of 10% on every transaction. So it incentivizes holding because you lose tokens every time you use it.

Reflection: 5% of the tax is sent to holders. A burn wallet gets a part of the reflection this wallet grows over time and burns more and more tokens.

Liquidity Provision: 5% goes to automatic buying and providing of LP-tokens to a liquidity pool on Binance Smart Chain.

Roadmap

  • Hardware wallet
  • Safemoon v2

SAFEMOON Tokenomics

Total supply: 1,000,000,000,000,000

Burned supply: 427,021,641,818,791

Circulating Supply: 58%

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