NEW YORK, NY / ACCESSWIRE / June 11, 2021 / Safemoon Cash is launching a fully proprietary community-managed token on Binance Smart Chain. Safemoon Cash ($ SMC) is a BEP-20 adult token built on top of the Binance Smart Chain (BSC) that promises to offer the Safemoon token to a community-driven rival. No development / marketing fund. When needed, the community will come together to raise funds. In this bullish season, community-driven crypto projects have gone to the moon, and Dogecoin, for example, is one of the very first community projects to jump more than 6,000% in one month. The community-driven project offers great decentralization and resilience to the measures that have plagued the crypto-defi market during 2020-2021. Today, the project is launching Safemoon Cash Swap, which will allow token holders to easily exchange their $ SMC for Pancake Swap, one of the most popular DEX for BSC.
Safemoon Cash was launched by members of the BSC community at the end of April 2021 after Safemoon reached a market capitalization of over $ 4 billion. Due to the high tax on transactions, the first owners of Safemoon are the most profitable. Safemoon Cash gives its holders passive rewards through static reflection. The tokenomics of the project makes it excellent, and the complete refusal of ownership of the smart contract makes it unique.
In addition to the PancakeSwap decentralized exchange, the project currently runs on four platforms, namely XT, Probit, Hotbit and Bibox, and has amassed 230,000 users in two months after launch. The project also launched a $ 30K reward program on BitcoinTalk.
What makes Safemoon Cash better than Safemoon
Safemoon Cash aims to be the best alternative to Safemoon, whose high transaction tax means that the only major beneficiaries are earlier users / holders, while later investors are marginalized. Thus, BSC-based tokens incentivize holders by allowing them to generate passive income through static reflection rewards. When a Safemoon Cash transaction takes place, 2% of each transfer is sent to the liquidity pool, ensuring a steadily increasing floor level.
Safemoon Cash has indirectly done some marketing tricks despite not setting up any development or marketing funds. They are a strong community that raises money when they need to do marketing, which is marketing itself. Safemoon Cash takes inspiration from Bitcoin Cash, which ATH reached 0.25 Bitcoin. The token has set itself the goal of doing the same with the price of Safemoon, its older counterpart, aiming to reach 25% of its older brother’s peak market cap.
- 4% transaction tax. Safemoon Cash is built on strong tokenomics. Every Safemoon Cash transaction is taxed at 4% in favor of all.
- 2% is distributed among all holders.
- 2% automatically to liquidity. 2% of each transaction is locked into the Safemoon Cash liquidity pool to create a steadily growing floor for prices.
- The transaction limit is 490,000,000,000,000 SAFEMOONCASH.
- The total supply is 100,000,000,000,000,000 SAFEMOONCASH.
How to buy Safemoon Cash when exchanging pancakes
- Go to PancakeSwap.finance
- Click “Trade – Exchange” at the top left. At the bottom of the screen there will be a set of buttons that
- Button in the lower left corner of the screen between V1 and V2.
- Make sure you are using PancakeSwap V1
- Click “Unblock Wallet” in the exchange field or click
- “Connect wallet” in the upper right corner of the screen. Connect your wallet.
- Then paste the address of the contract (it can be found on the homepage or in the Telegram and Discord groups) in the search box.
- Click “Select Currency” in the “To” field.
- If you encounter a problem while trying to buy Safemoon Cash, try setting a higher slippage (11-15% is fine for most people) and buy in round numbers. (for example, 20,000,000,000,000 instead of 19,123,456,789,000)
Roadmap and future use cases
Along with strong symbology that gives Safemoon Cash a significant advantage over Safemoon, the upcoming roadmap and multiple use cases to be added to the ecosystem make it a community driven project.
Safemoon Cash Governance Token (SMCG) and Safemoon Cash Governance Interface. SMCG Holders can help shape the future of Safemoon Cash by influencing decisions about the project, such as proposing or deciding on new features (e.g. MOONMAP, recruiting and staffing, philanthropy, changing management parameters). Safemoon Cash is 100% community driven and with SMCG the community takes responsibility.
Cultivation Protocol: Farm SMCG using Safemoon Cash. This will block $ SMC, which will ease selling pressure and increase liquidity. Website interface with LP pool for easy addition to BNB / SAFEMOONCASH pair.
Company: Safemoon Cash
Contact Person: Connor Leach
Email: [email protected]
A SOURCE: Safemoon cash
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