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
What use cases you guys are building? Any link?
Replying to @safemoon
Keep moving forward 🍏 #SAFEMOON
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Replying to @safemoon
good move. only one thing left.....
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Trying to compete and exceed.. they think 10% is too much …. 10% will not attract new buyers … it will produce more volume at 1% … I guess, manual burns is the only way to reduce supply.
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Replying to @safemoon
Do #SAFEMOON will launch blockchain before this big tech does?
GOLDMAN, MICROSOFT, CBOE AND OTHERS TO LAUNCH BLOCKCHAIN NETWORK. $GS $MSFT
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Replying to @safemoon
Imagine memecoin moved $1B volume without utilites, now #Safemoon building blockchain and other utilities with only 1% tax.. this will attracts big players/buyers…. I guess 1% tax fee is for CEX prep launch ..
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Wow this is amazing news 👏
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Replying to @safemoon
Exciting news, the evolution of SafeMoon Tokenomics 👏😃
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Great decision #SAFEMOON 🔥
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