| CREATION DATE: | March 23, 2021 |
| DEVELOPMENT STAGE: | Fully developed |
| CURRENT SUPPLY: | 390,036,282,780,096 |
| TOTAL SUPPLY: | 1,000,000,000,000,000 |
| ALGORITHM: | Token-based algorithm |
| PROOF TYPE: | BSC network |
| TARGET SPACING: | 60 sec |
Launched in March 2021, SafeBTC is a yield-generating deflationary token with declining supply that is fully community-owned, as the creators renounced their ownership.
According to the company’s Whitepaper, 50% of the total supply was instantly burned at launch, and 23.7% was allocated for a minimal presale. Another 23.7% was plowed into liquidity while the remaining 2.5% was secured for marketing, operations, and future developments.
To increase the liquidity, reduce the supply, and reward the token holders, 4% on SafeBTC transaction is split instantly among token holders and the liquidity pool. SafeBTC runs on the Binance Smart Chain. The company behind the token has also been successfully audited.
Merchants can now accept, store, and receive SafeBTC token on CoinPayments.
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