SafeMoon crypto is a digital asset that gained significant popularity in 2021 due to its unique tokenomics. It rewards holders and penalizes sellers with a 10% tax on transactions, 5% of which is redistributed to holders. However, it has faced controversy, including allegations of being a Ponzi scheme and legal action against its founders for fraud.
7 answers
JejuSunshineSoulMateWarmth
Tue Nov 26 2024
By doing so, SafeMoon aims to bolster its liquidity and contribute to price stability.
KatanaBladed
Tue Nov 26 2024
A 10% transaction fee is imposed on every deal involving SafeMoon tokens.
Martina
Tue Nov 26 2024
Out of this fee, 5% is allocated to the existing holders of the cryptocurrency.
Silvia
Tue Nov 26 2024
This mechanism is designed to reward those who hold SafeMoon for extended periods.
Raffaele
Tue Nov 26 2024
SafeMoon stands as a relatively novice entrant in the realm of cryptocurrencies.