Safemoon: Difference between revisions
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'''Safemoon''' is a decentralized [[Open-source software|open-source]] [[blockchain]] protocol with [[smart contract]] functionality, or commonly known as [[Decentralized finance|DeFi]] token. Safemoon can be classified as a self generating liquidity token, that means a reflection is paid back to holders. | '''Safemoon''' is a decentralized [[Open-source software|open-source]] [[blockchain]] protocol with [[smart contract]] functionality, or commonly known as [[Decentralized finance|DeFi]] token. Safemoon can be classified as a self-generating liquidity token, that means a reflection is paid back to holders. | ||
SafeMoon employs 3 simple functions: Reflection | SafeMoon employs 3 simple functions: Reflection, LP acquisition, and Burn. For each trade, the transaction is taxed a 10% fee, which is split in two ways: | ||
* 5% fee = redistributed to all existing holders | * 5% fee = redistributed to all existing holders | ||
* 5% fee is split 50/50 half of which is sold by the contract into BNB, while the other half of the SAFEMOON tokens are paired automatically with the previously mentioned BNB and added as a liquidity pair on | * 5% fee is split 50/50, half of which is sold by the contract into BNB, while the other half of the SAFEMOON tokens are paired automatically with the previously mentioned BNB and added as a liquidity pair on PancakeSwap. | ||
== External links == | == External links == | ||
Latest revision as of 14:32, 10 August 2025
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Safemoon is a decentralized open-source blockchain protocol with smart contract functionality, or commonly known as DeFi token. Safemoon can be classified as a self-generating liquidity token, that means a reflection is paid back to holders.
SafeMoon employs 3 simple functions: Reflection, LP acquisition, and Burn. For each trade, the transaction is taxed a 10% fee, which is split in two ways:
- 5% fee = redistributed to all existing holders
- 5% fee is split 50/50, half of which is sold by the contract into BNB, while the other half of the SAFEMOON tokens are paired automatically with the previously mentioned BNB and added as a liquidity pair on PancakeSwap.
External links
This article "Safemoon" is from Wikipedia. The list of its authors can be seen in its historical and/or the page Edithistory:Safemoon. Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one.
