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Safemars
$0.0₈4891
0.04%
Safemars Price Converter
Safemars Information
Safemars Supported Platforms
| SAFEMARS | BEP20 | BNB | 0x3ad9594151886ce8538c1ff615efa2385a8c3a88 | 2021-03-13 |
About Safemars
SafeMars (SAFEMARS) is a DeFi token offering passive income through transaction fees and liquidity pool growth. Its deflationary design and locked liquidity make it resistant to rug pulls. Developed by a decentralised team, it promotes community-driven governance and sustainable tokenomics.
SafeMars (SAFEMARS) is a decentralised finance (DeFi) token designed to reward holders through an autonomous yield and liquidity generation mechanism. It applies a 4% transaction fee, where 2% is distributed to holders and 2% is added to liquidity pools. This process ensures a continuously increasing price floor and eliminates the need for staking or farming.
SafeMars is used as a passive income-generating token, rewarding holders with additional tokens through transaction fees. It also provides liquidity support by locking 2% of each transaction into liquidity pools, enhancing stability and reducing circulating supply. The token's deflationary model, reinforced by burning mechanisms, aims to preserve value over time.
SafeMars is developed by a decentralised group of volunteers known as "The Crypto Martians." The team operates transparently, with liquidity ownership renounced and tokens continuously burned. The developer, identified as @TheCryptoMartian, leads the team, which encourages community participation.