What Is Safemars Token (SAFEMARS)?
SAFEMARS is an autonomous yield and liquidity generation protocol.
SAFEMARS works by applying a 4% tax to each transaction. In Other Words,
It is programmed to reward holders while increasing in both liquidity and value. It does this by applying a 4% tax on every transaction. This 4% tax are divided into the following Below:
— 2% of 4% goes to the holders of SAFEMOON (instantly and gaslessly)
— 1% of 4% is auto-locked into liquidity (increases price floor)
— 1% of 4% towards prizes and rewards for holders
SAFEMARS clarifies that for each transactions, rewards will automatically be distributed to holders via the SAFEMARS Protocol. As well, the initial liquidity is locked away forever. For the auto-added liquidity their smart contract, SAFEMARS burns the LP Tokens (think “ticket to liquidity pool”) regularly so that it’s technically impossible to remove liquidity at any time.
Ensuring daily burns are clearly seen and widely visible on the blockchain claims this makes it Unruggable.
SAFEMARS resides within a class of token that rewards investors just for holding, the amount of rewards received increases over time the longer an investor holds for.
Holders are also rewarded for the success of SAFEMARS with higher transaction volumes leading to increased fees, and rewards for distribution.
We believe this mechanism provides investors with an active stake in SAFEMARS success!
TokenEconomics:
— SYMBOL: $SAFEMARS
— TOTAL SUPPLY: 1.000.000.000.000.000
— PRE-SALE SUPPY: 40.5%
— TEAM WALLET: 6%
— BLACKHOLE BURN: 53.5%
Following launch, 53.515% of the total supply of SAFEMARS was sent to the black hole address, permanently reducing the supply.
As the black hole address is classified as a SAFEMARS holder it also receives a share of each transaction fee. Each share is burned leading to a persistently reducing circulating supply of SAFEMARS.
WHO ARE THE DEVELOPERS OF SAFEMARS?
SAFEMARS is developed by a team of:
— 3 Developers.
— 5 Marketers.
Access to the team wallet is held solely by the main Developer.
WHERE CAN I BUY/TRADE SAFEMARS?
Buy SAFEMARS at BitYard.com
BitYard Links:
Twitter: https://twitter.com/BitYard_Global
Facebook: https://www.facebook.com/BitYardofficial
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