SAFEMOON SUNDAY RECAP - 8/22/21
UPDATES
- 1,000,000 followers on Twitter
----- First crypto to be verified on Twitter
- 2,750,000 holders
- 420 trillion tokens burned
WHAT THE FUD
- 8/16 - Day of the Moby Dip - No longer have a very large whale.
- V2 is an upgrade of the Safemoon token contract with better security. Another audit will be performed on the new features. Will also improve the quality and accessibility. This should improve integrations.
- Safemoon has no affiliation with anyone unless expressly stated by the CEO or COO. This usually takes the form of a cool video. There are a lot of projects claiming to be affiliated and they're not real.
NEW NEWS
- 15 days into the wallet beta.
- There have been three updates, likely to be more. A lot of it was based on the feed back they received.
- All time high for website hits was roughly 5 million. During the open beta, there were 15 million unique IPs. Which is why the website crashed. Safemoon has tried to prep for the future user traffic on both the wallet and the website by scaling the back end.
- Looking for increased security and improved quality (building upon industry standards). There will continue to be audits.
SAFEMOON SWAP
- Safemoon SWAP - Send, Withdrawal And Purchase.
- When you buy Safemoon on 3rd party exchanges, those sites benefit from the transaction fees. Transaction fees that are incurred on Safemoon SWAP will go back to supporting the Safemoon ecosystem. This will be integrated into iOS, Android and the web.
- There is a 0.25% transaction fee each time a SWAP takes place. This is not just on Safemoon tokens, but on any other token that Safemoon lists.
- Out of that 0.25%... 0.17% goes back into the liquidity pool, 0.05% is used to maintain the Safemoon ecosystem, and 0.03% goes into a buy back and burn. Meaning, 0.03$ of every transaction fee goes into purchasing Safemoon tokens. Those tokens are then sent to a burn wallet. This will dramatically increase the burn rate.
- In other words, every time there is a purchase on Safemoon, regardless of token, that purchase will also be a purchase of Safemoon which will then get burned.
AMA
- The Safemoon Exchange is being released before the blockchain as a means of quality control. There are other pieces of tech that are being worked on. They're waiting for them to hit a certain point and that's going to interact with the blockchain.
- Safemoon is unable to control British weather.
- The Safemoon Card will be a reality. It will happen as soon as possible. It's just a matter of bringing it into compliance.
- Utah is one of the fastest growing tech areas in the US. They're not just looking for property. They want the Safemoon Global home. They're currently talking to architects about the building.
- Safemoon Coin will get it's own moment.
- Can't say anything about The Gambia until December due to NDAs.
- Quality. Safety. Accessibility.
WHAT'S NEXT?
- Next Safemoon Sunday will be Sept 5th and Sept 19th
- V2 will be launched and will get its own key moment. It is an upgrade with a focus on quality, safety, and accessibility.
