4% Tax On All Transactions
SAFEETH has 4% tax on all transactions to prevent price manipulation & encourage holding.
SafeETH is an autonomous yield and liquidly generation protocol. SafeETH generates yield by applying a tax of 4% on every buy and sell transaction while splitting that fee instantly among token holders and the liquidity pool. The protocol rewards its token holders by splitting 2% of each transaction proportionally across existing holders. This means the number of tokens in the holders wallet will increase as people buy and sell as long as tokens are held. In addition 2% goes automatically to the liquidity pool locking forever.
The purpose of SafeETH is to provide a way to earn yield from holding tokens without having to stake or farm. This revolutionary idea could possibly do away with the need to stake or farm coins by locking up token value where its not easily accessed and/or having to deal with impermanent loss (something most stakers and LP providers understand too well). SafeETH provides the upside of staking and farming without the hassles. We also believe that this mechanism provides investors with a golden opportunity and incentive to help SafeETH grow, due to the fact that higher transaction volume leads to increased fees and rewards for distribution to holders. In this way SafeETHs success is the investors success, as it should be.
SafeETH started with the initial supply of 1,000,000,000,000,000 tokens. At launch 60% of the total supply of SafeETH was sent to a blackhole/burn address (0x000000000000000000000000000000000000dead) permanently reducing the supply. This blackhole address is considered the largest holder of SafeETH so it also receives a share of each transaction fee. As this share is "burned" it leads to a continuing reduction in the supply of SafeETH. When SafeETH was launched an initial supply of liquidity was deposited which formed BNB/SafeETH LP Tokens. Ownership of these tokens was renounced by sending them to the same blackhole/burn address (0x0000000000000000000000000000000000000000dead). This action was performed to protect investors from the possibility of a rug pull via liquidity removal. In addition, the 2% fee that goes to liquidity is going there with the owner listed as the burn address thereby reducing overall token supply. This also has the effect of locking said value without the possibility of it being withdrawn which increases the general price floor of SafeETH.
|Token Name :||SafeEthereum|
|Token Symbol :||(SAFEETH)|
|Total Supply :||1,000 Trillion|
|Tokens Burnt:||705 Trillion|
TOTAL SUPPLY 1 000 000 000 000 000
DEAD ADDRESS around 687 000 000 000 000
CURRENT CIRCULATING SUPPLY around 313 T