SafeBitcoin is fair launching the new SafeBank (sBANK) token alongside the SafeBank farming Dapp
We announced our new SafeBank token in our last Medium post. If you haven’t seen that post, check it out before reading further: https://link.medium.com/uTvBu0yzEhb
Now that our SafeBank Dapp is nearly ready for release, we want to give you the juicy details of our new token.
SafeBank allows investors to farm the new sBank token at a high percentage yield. But more importantly, the sBank token has one of the most unique tokenomics in the DeFi industry.
Check out the token details:
Name: SafeBank
Symbol: sBANK
Total Supply: 100,000,000,000,000 (100 Trillion)
Anti-Whale Protections (enforced for the 1st hour):
- The max transaction amount is set to 10,000,000,000 (10 Billion) for first hour
- There will be a 15% extra fee for 30 minutes after a buyback is triggered. Then, for an additional 30 minutes after buyback is complete, a sell tax of 15% more is enforced. All anti-whale fees go to the locked liquidity pool (auto burn).
TOKENOMICS — 15% OF EACH TRANSACTION
3% LP fee — sent to locked liquidity (auto burn)
2% buyback fee — sent to locked liquidity (auto burn)
5% reflection to holders (distributed as BUSD & USDC)
5% reflection to marketing wallet (distributed as BUSD &USDC)
NOTE: BUSD reflection will auto activate after holding sBank for at least 48 hours.
As development hits roadblocks or we need additional testing to make sure we release a working feature, launch delays can happen. We have had to delay the launch of SafeBank to ensure all functions are sound. Rest assured, we still expect to launch very soon.
Links:
- WEBSITE: https://SafeBitcoin.io
- TWITTER: https://twitter.com/SafeBTC_Eco
- TELEGRAM: https://t.me/SafeBTC_Official
- TELEGRAM ANNOUNCEMENT: https://t.me/SafeBTC_OfficialAnn
- TELEGRAM CHART AND PRICE : https://t.me/SafeBitcoin_Lounge
