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Safemoon: Static Rewards LP Acquisition Manual Burn

This document summarizes the SafeMoon protocol. It discusses how SafeMoon employs static rewards through reflection, as well as LP acquisition and manual burns. It provides details on tokenomics such as the total initial supply, amounts burned and supplied to presale. Finally, it outlines SafeMoon's roadmap which includes listings on exchanges, partnerships and developing NFT functionality.
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0% found this document useful (0 votes)
579 views7 pages

Safemoon: Static Rewards LP Acquisition Manual Burn

This document summarizes the SafeMoon protocol. It discusses how SafeMoon employs static rewards through reflection, as well as LP acquisition and manual burns. It provides details on tokenomics such as the total initial supply, amounts burned and supplied to presale. Finally, it outlines SafeMoon's roadmap which includes listings on exchanges, partnerships and developing NFT functionality.
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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SAFEMOON

Static Rewards

LP Acquisition

Manual Burn
SAFEMOON
WHITE PAPER

APY WAR
WINNERS &
LOSERS

A
common misconception with the heavy APY average is the
subjectivity of the impermanent loss will staking an LP in a farming
reward generator. With the explosion of DeFi we have seen too
many new cryptocurrency prospectors get sucked into a high APY LP-
farming trap, feeling hopeless as they are pushed out by earlier buyers with
higher staking rewards. We’ve all been there, seeing those shiny 6 digit
figures can be pretty damn tempting to jump in. However, almost always the
token suffers from the inevitable valuation bubble, which is then followed by
the burst and the impending collapse of the price. This Is why we have seen
the mass adoption of static rewards, also known as reflection, a separate
concept that seeks to eliminate the troubles caused by farming rewards.
SAFEMOON PROTOCOL

WHY STATIC?
Static rewards solve a host of problems. First, the reward amount is
conditional upon the volume of the token being traded. This mechanism aims
to alleviate some of the downward sell pressure put on the token caused by
earlier adopters selling their tokens after farming crazy high APY’s. Second,
the reflect mechanism encourages holders to hang onto their tokens to
garner higher kick-backs which are based upon a percentages carried out
and dependant upon the total tokens held by the owner. In theory, with the
burn function and a depreciating supply, even a small holder at the beginning
could potentially walk away with big money at the end of the token’s
lifespan.

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SAFEMOON PROTOCOL

Supply Price

100

75

50

25

Manual Burns
Sometimes burns matter; sometimes they don’t. A continuous burn on any
one protocol can be nice in the early days, but the trouble with it is the burn
cannot be finite or controlled in any way. With burns controlled by the team
and promoted based on achievements, this keeps the community rewarded
and informed. The conditions of the manual burn and the amounts can be
advertised and tracked. SafeMoon aims to implement a burn strategy that is
strategic and rewarding for those engaged for the long term. Featuring the
total tokens burned on the website allows the supply to be observable.

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SAFEMOON PROTOCOL

TOKENOMICS

Dev Wallet Burned Tokens


Community Supply At Launch

Total Supply: 1,000,000,000,000,000


Burned Dev Tokens: 223,000,000,000
Presale Supply: 777,000,000,000

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SAFEMOON PROTOCOL

SafeMoon Protocol

SafeMoon employs 3 simple functions: Reflection + LP acquisition + Burn


In each trade, the transaction is taxed a 10% fee, which is split 2 ways.

- 5% fee = redistributed to holders


- 5% fee is split 50/50 half of which is sold by the contract into BNB and
paired with the remainder of the $SAFEMOON tokens and automatically
added to the liquidity pair on Pancake swap.

SAFETY

6
SAFEMOON PROTOCOL

ROAD MAP
Q1 2021

Token
Conceptulization

Fair Launch
Q2 2021 Website Design

Marketing
& Q3 2021
Listings

Listing On
Multiple
Exchanges
Q4 2021
Partnerships
NFT
Conceptulization

NFT Marketplace
NFT Staking

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