SFM
SafeMoon
$0.00000000AUD
Market Cap
34.6M AUD
24H Trade Vol.
49.9K AUD
Total Supply
555.9B
All
1W
1M
1Y
Basic chart
Advanced chart
Price Changes
24H:
+0.00%
7D:
+0.00%
Buy
Sell
Swap
Instant
Buy Limit
Buy Stop
Buy SafeMoon
Purchase Amount
AUD
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*$10 will be deposited to all new users’ accounts in an equal amount of BTC, following the users’ completion of the sign-up process and the initial deposit on the platform. For detailed information regarding the use of the platform, please refer to our Terms and Conditions available at https://help.coinstash.com.au/en/article/website-terms-and-conditions-gmyd3n/.

Buy SafeMoon (SFM)

What is SafeMoon?

SafeMoon is a decentralised finance (DeFi) token aimed at providing a unique approach to tokenomics by integrating reflection, liquidity pool acquisition, and burn mechanisms. Launched in March 2021 on the Binance Smart Chain (BSC), it is designed to encourage long-term investment and reduce selling activities.

How does SafeMoon work?

SafeMoon works by imposing a 10% transaction fee. Half of this fee (5%) is redistributed to existing token holders as a form of static rewards, and the other half (5%) is automatically added to the liquidity pool. This structure is intended to incentivise holding by rewarding long-term investors and discouraging selling.

What are the potential use cases for SafeMoon?

SafeMoon's potential use cases encompass staking through platforms like SafeEarn, which allows holders to potentially earn more SafeMoon by staking their tokens. It also includes providing liquidity on decentralised exchanges like SafeMoon Swap, enabling cross-chain transfers via SafeMoon Bridge, and using the SafeMoon Wallet for crypto asset management. Additionally, SafeMoon has applications in DeFi sectors and grander community-driven projects.

What is the history of SafeMoon?

SafeMoon was created by Kyle Nagy in March 2021 and quickly gained popularity due to its distinctive tokenomics and endorsements from celebrities, reaching a peak market cap of $17 billion in April 2021. Braden John Karony served as CEO, bringing experience from his previous role as a US Department of Defense analyst. However, the project encountered significant setbacks, including legal challenges with allegations of fraud, which culminated in a Chapter 7 bankruptcy declaration and its shutdown in December 2023.

Coin Contract Addresses

0x42981d0bfbaf196529376ee702f2a9eb9092fcb5

Frequently Asked Questions (FAQs)