5/4/2021 0 Comments
The existence of high APY LP-farms that are inaccessible to newcomers to the space, according to the SafeMoon’s white paper, is a major issue in the emerging DeFi industry.
SafeMoon's goal is to use the concept of static rewards (making the reward contingent on the volume of the token being traded) to alleviate any pressure on the token that may occur when tokens are sold.
Furthermore, the white paper mentions that their "reflect mechanism" provides an incentive for SafeMoon holders to keep their tokens for a longer period of time, or HODL. SafeMoon’s Automatic LP also adds stability to the protocol by providing token holders with a price floor/cushion. According to their white paper, SafeMoon's manual burn strategy also benefits SafeMoon token holders in the long run.
SafeMoon price equal to $0.0000042 USD at 2021-04-05 here’s a price prediction on SafeMoon (SAFEMOON)
Furthermore, By the end of 2021 we believe the price of SafeMoon (SAFEMOON) will be around $0.002 - $0.12 USD.
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