The development of Safemoon Cash on the cryptocurrency market
Stability gives people the opportunity to spare no time and resources trying to protect their savings from devaluation. A stable source of money can become the basis for international lending markets and financial derivatives markets, which will have high reliability and safety for all participants. Especially in recent times, this stable coin is getting more and more attention. The use of cryptocurrency will expand access to a stable currency to those who need it. The relative stability of the US dollar against the currencies of other countries is taken for granted. Of course, inflation gradually devalues the dollar, but only mildly, considering the situation in the developing world, where the currency can depreciate by 15% or more per year. Residents of such states are required to keep their savings in dollars, despite regulatory restrictions that may be imposed on any transactions in foreign currencies. An easily accessible decentralized digital tool with a stable price will be a great alternative for people living in countries with unstable monetary systems and countries with high control. tight capital controls.
That is why in recent times a series of projects related to cryptocurrencies were born, but the most successful and developed is probably Safemoon Cash.
Some outstanding achievements that safemoon cash has achieved in recent times
Decentralized cryptocurrency created based on a common cryptographic system. The production rate is defined when the system is developed, and it is publicly known. It is also the original kernel that creates a large and developed currency market as it is now.
Safemoon Cash is a unique and exciting project that is driven by the community on Binance Smart Chain. According to recent statistics, Bitcoin Cash reached an ATH of 0.25 Bitcoin. Along with that growth, Safemoon Cash is also moving towards the first goal of Safemoon Cash reaching 25% of Safemoon’s peak capitalization. And with the power of safe cash as they are today, they can completely make this a reality, and will probably grow and go even further.
According to recent statistics, Bitcoin Cash reached an ATH of 0.25 Bitcoin. Along with that growth, Safemoon Cash is also moving towards the first goal of Safemoon Cash reaching 25% of Safemoon’s peak capitalization. And with the power of safe cash as they are today, they can completely make this a reality, and will probably grow and go even further.
As for improving tokenomics, We are sure that our tokenomics is superior to Safemoon and so is our community. Safemoon Cash is completely community driven. This is its strength and makes it stand out from other coins. Besides, We have a very enthusiastic community, which is one of the core factors to be able to develop into such a big project as it is now. Our strategic core team is diverse consisting of graphic design enthusiasts, technologists, marketing professionals, software enthusiasts, and what they all have in common is a passion for earning crypto. Safemoon Cash will bring users different experiences of cryptocurrency. This is what makes it different. Only officially launched for more than 1 month but safemoon cash has developed very quickly and now it ranks in the top 10 strongest cryptocurrencies in the world.
we will focus on developing use cases for Safemoon Cash as an adoptable currency in Q3 and Q4 of 2021. In our vision, Safemoon Cash will eventually be one of the most used cryptocurrencies for use inside and outside our ecosystem. We will introduce the Safemoon Cash Casino where you can gamble with the SMC(G) token. Additionally, we will develop a betting protocol specifically for the Twitch gaming industry using the SMC(G) token for rewards in competitions.
Safemoon Swap — Potential Solution
If the Liquidity providers experience impermanent losses, why do they still provide liquidity? Well, the Safemoon swap counteracts the effect of loss by trading fees. Safemoon swap brings a potential solution to traditional problems with the bespoke use of technology. Safemoon swap incurs a 10% fee on every transaction that occurs in the Safemoon swap platform. 3% of the total fee is distributed among the token holders. Even if the liquidity pool is exposed to impermanent loss, providing liquidity will be still profitable when the trading volume is high.
When you are getting your feet wet with cryptocurrency, all you have to do is lookout for a sustainable and trustworthy platform. Safemoon swap adds 7% of the transaction fee to the liquidity pool. This process is called liquidity locking which leads to a higher price floor of Safemoon swap tokens.
The Roadmap and Use Cases Ahead
Along with a strong tokenomics that give a significant advantage to Safemoon Cash over Safemoon, the roadmap ahead and several use cases that would be added to the ecosystem make it a rug proof community driven project.
Holders of the Safemoon Cash Governance Token (SMCG) can help shape the future of Safemoon Cash by influencing decisions related to the project, such as recommending or deciding on new features (i.e. MOONMAP, charities, admin changes, recruitment and HR parameters,). Safemoon Cash is 100% community driven and with Safemoon Cash Governance Token Holders it is in charge. On-site interface with the LP team for easy BNB/SAFEMOONCASH pair replenishment.
The economy is changing rapidly, and businesses must adapt to new circumstances. The traditional financial system is struggling through an unbelievable recession, but the Safemoon Cash digital asset market is constantly trying to perfect itself to meet the needs of the world economy.
Safemoon Cash has been designed to welcome millions of new crypto users to the global community and enrich their lives by rewarding them in an accessible way. Over time, Safemoon Cash’s profitable model will become more and more attractive to new users. In my opinion, this is a great project worth our investment and attention.
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SAFEMOON CASH INFORMATION
White paper : https://drive.google.com/file/d/1YZyTJteAVpaHna13UU2sZBJkIBB4 K 702/view
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Bitcointalk username : Peetershyns
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2727642
BSC Wallet Address: 0xe7F6dD46B3B3691Fdaaa60E72867e9Fb96cd1A55