SafeMoon: Solving crypto issues with reflections and liquidity solutions.
Safemoon addresses mining, liquidity, and token scarcity via smart contracts, offering secure wallets, a hardware option, and an exchange to promote decentralized crypto adoption.
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What is SafeMoon (SFM)?
Safemoon Protocol addresses key issues faced by previous cryptocurrencies, such as the reliance on mining rewards, farming incentives, and liquidity provision. Traditional mining requires expensive equipment that can also harm the environment, yet mining remains attractive due to its opportunities. As an alternative, Safemoon offers a smart contract-based reflection mechanism that allows users to earn tokens directly in their wallets. Maintaining liquidity on decentralized exchanges (DEXs) is another challenge, since DEXs need liquidity to operate effectively. Developers often create incentives for users to provide liquidity, but these can carry risks like impermanent loss. Safemoon proposes an automated smart contract function to capture and hold liquidity independently in custody, allevi...
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SafeMoon price live information
As of now, SafeMoon is trading at 0.000021 USD, with a 24-hour trading volume of approximately 0 USD. The SFM to USD price is updated in real time. Over the past 24 hours, SafeMoon has decreased by 0%. It remains the top-ranked cryptocurrency on CMC.IO, with a market capitalization of about 11.49M USD. Currently, there are 560 114 639 923 SFM in circulation out of a maximum supply of 1 000 000 000 000 SFM.
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