We are honored to announce that SAFEMOONCASH will be listed on XT.COM. Please stay tuned for the schedule of deposit, withdrawal and trading.
Safemoon Cash is, in short, a rug-proof, ownership renounced, 100% community driven project that will, inspired by Safemoon, bring a multitude of use cases to the world of crypto. The first goal is for Safemoon Cash to reach 25% of Safemoon’s peak market capitalisation, just like Bitcoin Cash reached .25 Bitcoin.
Every Safemoon Cash transaction incurs a 4% tax to the benefit of all. Safemoon Cash gives holders passive rewards (2%) through static reflection. 2% of each transaction is locked away in the Safemoon Cash liquidity pool, to create a steadily rising price floor. Safemoon Cash burned the liquidity after launching the token.
Safemoon Cash will introduce the Safemoon Cash Governance token (SMCG) and the Safemoon Cash Governance interface. SMCG holders, the community, can help shape the future of Safemoon Cash by influencing decisions concerning the project, such as proposing or deciding on new feature proposals (i.e. roadmap, hiring and staffing, charities, changes to governance parameters). Additionally, Safemoon Cash will introduce a yield farming protocol. It will be possible to farm the Safemoon Cash Governance token using Safemoon Cash. This will lock up Safemoon Cash, thus decreasing selling pressure and increasing liquidity. Furthermore, Safemoon Cash will introduce an interface on it's website with the LP pool to easily add to the BNB/SAFEMOONCASH pair. In Q3 of 2021, Safemoon Cash will further increase the utility of its ecosystem by introducing an AMM contract to easily exchange/swap on their website.
Safemoon Cash was stealth-launched by members of the BSC community late April 2021. The core team consists of tech enthusiasts, graphic designers, software fanatics, and marketing specialists who are all passionate about cryptocurrency.
Blockchain Browser: https://bscscan.com/token/0xF017E2773e4ee0590C81D79ccbcF1B2De1D22877
Risk warning: Cryptocurrency trading is subject to high market risk. Please make your trades cautiously. XT will make best efforts to choose high-quality coins, but will not be responsible for your trading losses.
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May 7, 2021
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XT.COM reserves the right, at its discretion, to change, modify, or remove portions of the announcement at any time by posting the amended version on the website with or without notice.