How The New Defi Project SafeBLAST Is Ready To Revolutionize The Defi Market?
The unprecedented rise of Defi has been a magnificent boom for the entire cryptocurrency industry. Despite the surge in Defi products on the BSC blockchain network, few active yield farming projects are truly profitable and sustainable for users.
However, it is not surprising to see new projects spring up after the other in the Defi market with the aims of providing better services than their rivals. Just recently, a Defi project, SafeBLAST, was launched. Sponsored by blockchains, BEP-20 tokens, and BSC wallets, it is a decentralized yield farming project. SafeBLAST was created to provide a one-stop solution for yield farming, staking and a DEX all in one.
WHAT IS SafeBLAST?
SafeBLAST is a newly developed protocol that automatically farms yields and generates liquidity. It’s one of the best yield protocol ever developed in the Defi market. Whenever a user buys/sell BLAST, the total BLAST supply will reduce, and all BLAST holders are rewarded. BLAST functions on a new mechanism where its total supply reduces gradually on all completed transactions. However, all completed transactions produced liquidity, which automatically locked for some years.
HOW IT WORKS?
BLAST reduces by 10 % on each transaction completed on the platform. The 10% reduction is shared intoRewards and Liquidity pools. The Reward portion claimed half of the transaction fee, and it’s distributed to all wallets that hold BLAST. The number of BLAST users earned on all transactions is directly proportional to the amount of BLAST they hold. In addition, the platform was also designed with a feature called LP Generation, also called Liquidity. This portion receives the remaining 5 % transaction fee and automatically deposited it into the PancakeSwap liquidity pool, which is later LOCKED for some years.
SIMPLE GUIDES ON HOW TO BUY BLAST?
Firstly, users should download Metatask or TrustWallet and installed the wallet. Next is, go to the Pancakeswap platform and click on the "Connect" button. Copy the BLAST contract address:
0xddc0dbd7dc799ae53a98a60b54999cb6ebb3abf0 and then click on the Settings button located at the top right of the platform interface. It’s best to set slippage to 11 %. Next, users are expected to have the token in their wallet already, users should enter the quantity of token intended to swap and click on Swap. Users must have enough BNB for gas fees. That’s all, you have successfully swapped your token.
WHY USE SafeBLAST?
In addition to its previously discussed usage, SafeBLAST is also applied to solve some issues facing the crypto world. Some of these issues are interoperability, crazy transaction charges, delays in transactions among others. However, SafeBLAST has proffered solutions to all the above mention issues to better serve her growing customers. Its platform was designed with high levels of interoperability, extremely low transactions fees, and very fast processing time.
TOKEN DETAILS
PARTNERSHIPS
SafeBLAST will partner with many reputable financial institutions and blockchain companies to better serve its users and also help promote BLAST globally.
CONCLUSION
At SafeBLAST, we are working teeth and mouth to develop a new protocol to further improve the value of the Defi, by creating a high profitable yield farming that will generate a huge return on investment for our users and later become the new gateway for yield farmers.
For more information About SafeBLAST Platform
https://safeblastcrypto.com/
https://safeblastcrypto.com/wp-content/uploads/2021/05/safeblast-whitepaper.BLAST_.pdf
http://facebook.com/SafeBlastCrypto
http://twitter.com/SafeBlastCrypto
https://www.reddit.com/SafeBlastCrypto
http://t.me/SafeBLAST
http://tiktok.com/@safeblastcrypto
http://youtube.com/SafeBlastCrypto
http://instagram.com/SafeBlastCrypto
AUTHOR
Bitcointalk Username: Alaho15
BitcoinTalk profile link: https://bitcointalk.org/index.php?action=profile;u=2513944
BSC Wallet Address: 0x0e55B03D7c3c5427E7b10F6b0B420bb16842b4c5