If you've been around the BSC scene for a while you've likely heard of SafeMoon, but there are a number of big competitors that are working to build something better, maybe even something safer.
Just over 2 weeks ago, SAFERmoon was released with a few notable advantages and improvements. SAFERmoon's developers wanted to create a long term project (unlike a lot of other projects that seem to be popping up these days). So in addition to the reflective rewards (5% of transactions get distributed to holders) they wanted to create something unique.
How are they different?
1. Audit - SaferMoon was audited from Day 1 by BSC Gemz, a reputable BSC community.
2. LP Burnt - Developers renounced ownership when LP was sent to the burn address.
3. Burns and Giveaways - There are daily giveaways for creating gifs, winning contests, random draws, etc. and big milestone burns like hitting 1000 Telegram members and x number of holders. It seems to be creating a solid community and more than 4.4% of tokens have already been burnt.
4. Utility - Wait, utility?!? Yes! The developers have done some work on the code to allow the token to be staked for other tokens and still receive the 5% rewards distributed to holders. This might allow holders to "double dip" their rewards!
Staking!
Staking an RFI token is a very interesting idea. There were just a few initial leaks today about where it will be happening (to start). The first pool will allow stakers to earn xBLZD, the token for Blizzard.Money. With xBLZD you are able to stake for other tokens, which could help you build a diverse crypto portfolio.
Where to buy?
The primary way to buy SAFERmoon is through PancakeSwap. All you have to do is enter the contract address (always triple check!!!) and adjust slippage (they recommend 12%). Be careful to buy the correct token!
If you have any questions, please reach out to them on Telegram. More information, their roadmap, and a copy of their audit can be found on their website: safermoon.net
Please do your own research. This is NOT financial advice!
Thank you for reading! Please let me know what you think! I appreciate all feedback!
