Join our community
Join our community
SafeNFT is a deflationary, static yield farming, automatic liquidity generating token on the Binance Smart Chain. This means that the supply of SafeNFT will shrink over time, you can farm more tokens simply by holding SafeNFT in your wallet, and there will always be a liquid market for SafeNFT.
SafeNFT works by taking a 10% fee on every transaction. That fee is broken up into 2 parts. Reflection – 50% of the fee (5% of the transaction) is distributed to every wallet that holds SafeNFT on a percentage basis. The more SafeNFT you hold the more you will receive! LP Generation – 25% of the fee (2.5% of the transaction) collected in SafeNFT is sold into BNB. That BNB is married up with the remaining 25% of SafeNFT and deposited back into the PancakeSwap liquidity pool. These two functions work together to reward holders and punish whales. Wait! Won’t the sell order from the LP generation create downward pressure on the price? Mathematically yes it does, realistically however that pressure is minimal. It takes a large amount of volume to push the price in one direction or another. If you consider the fact that the sell order being placed is only 2.5% of the overall transaction, quickly will you understand that the small sell order is negligible relative to the overall volume. Furthermore, the LP generation function acts as a fantastic risk mitigation tool as it helps to keep the market liquid, the liquidity pool balanced, and therefore the price stable.
SafeNFT has an awesome and committed dev team that is focused on transparency and community. Feel free to connect with any of them, they are happy to chat about the project while navigating the cosmos. SafeNFT is the first step for these devs in their intergalactic Defi journey!
- Download MetaMask or Trust Wallet Applications
- Purchase Binance Tokens (BNB) and send them to your MetaMask or Trust Wallet.
- On the home page of SafeNFT.me click on “Purchase Tokens” button. This will open a Dapp Exchange Called “PancakeSwap”.
- A popup will open, click the check box “I understand”, this will load SafeNFT into PancakeSwap.
- Make sure your MetaMask Wallet or Trust Wallet Is synced with PancakeSwap.
- Set the amount of SafeNFT you would like to purchase and set slippage to 11%. Then press Swap!
- Enjoy your trip to the Moon and HOLD!