Greetings #SAFEMOON Family! 👋 SafeMoon gained recognition as one of the earliest tokens to implement tokenomics within its contract. Today we are announcing that it is time to move forward to the next stage. SafeMoon is improving the fee structure to deliver more functionality, utility and scalability to the entire ecosystem. This will see the tokenomics fee reduced from 10% to just 1%. This will be symmetrical for all transactions. Meaning, it will be applied as a 1% fee on buys, sells, and transfers. Simple. 🙌 This important change to our tokenomics is designed to evolve SafeMoon into a highly capable utility token. The first major utility will be the ability to bridge between chains on the SafeMoon SWaP while offering competitive and attractive fees for users. You do not need to do anything for this change. There are no migrations, drops, new contracts or similar. The SafeMoon team will never send you a DM or post comments inviting you to ‘claim’ or ‘complete’ anything. The intention is to deliver these changes in tokenomics around the same time as the SafeMoon cross-chain bridge functionality that is due to launch. If you might like to know more, we have put together a short PDF presentation which you can download here: safemoon.com/The-Evolution-o… We’re excited for you to join us as we continue building The Web3 Movement for Everyone™. Yours, The SafeMoon Team Invent | Excite | Unite #TOKENOMICS #BSC #POLYGON #ETH 🍏

May 9, 2023 · 7:25 AM UTC

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Replying to @safemoon
And how 1% is break down?
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So for us the holders that payed 10% fee? We get nothing right?
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A few + points. ✅ Retail payments ✅ 5 years locked liq ✅ Augmented reality NFTs ✅ Gamefi/Metaverse ✅ Collabs ✅ Charity ✅ 2D #nfts w #rewards#Crypto Academy ✅ Twitter verified ✅ Telegram verified ✅ OpenSea verified ✅ CMC verified #bsc  #ETH @POODLETOKEN
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Bullish will definitely bring in large volume and arbitrage between chains.
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Replying to @safemoon
Does this mean NO passive income & burn? Just like that?!
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It looks like we're starting from scratch again. The main property is destroyed. Congratulations
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Replying to @safemoon
Not good at all. The tokenomics was the main attraction combined with high volume from exchange and blockchain. Expect a huge sell off now with little tax. Also everyone who bought for 10% just got screwed big time.
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Hope we get some good stacking for those of us that have been buying from the beginning and paid 10%
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