The live SafeMars price today is $5.64e-8 USD with a 24-hour trading volume of $161,135 USD. SafeMars is down 8.88% in the last 24 hours. The current CoinMarketCap ranking is #3081, with a live market cap of not available. The circulating supply is not available and a max. supply of 400,000,000,000,000 SMARS coins. The SafeMars Protocol is a community driven, fair launched DeFi Token. Three simple functions occur during each trade: Reflection, LP Acquisition, and Burn.
SMARS acronym of “Screwless/Screwed Modular Robotic System” is a simple robot designed to the educational field. This robot is composed by a reduced number of components and it can be mounted without screws and without soldering any part. It doesn’t need glue or similar and it’s really cheap to build.
Go to the DApps tab at the bottom, and find PancakeSwap. Iphone users may need to enable the trust browser, then use the browser tab. You can also click the BUY NOW button on our website if you’re not on mobile.
Click SELECT A CURRENCY and enter this contract address into the search field, and you should be able to find Safemars.0xC0366a104b429f0806BfA98d0008DAA9555b2BEd
Before swapping, click on the cog wheel and set the slippage to between 12-15%
Now, set the amount you want to purchase and press the SWAP button.
Confirm the transaction and…
100% Community Driven
Community driven & fair launch. Dev burned 60% team tokens and participated in the fair launch with everyone else.
Holders earn passive rewards through static reflection as they watch their balance of SAFEMARS grow indefinitely.
The SafeMars Protocol is a community driven, fair launched DeFi Token. Three simple functions occur during each trade: Reflection, LP Acquisition, & Burn.
Static Rewards, LP Acquisition, Manual Burn
A common misconception with the heavy APY average is the subjectivity of the impermanent loss from staking an LP (liquidity provider) in a farming reward generator. With the explosion of DeFi we have seen too many new cryptocurrency prospectors get sucked into a high APY LP-farming trap, feeling hopeless as they are pushed out by earlier buyers with higher staking rewards. We’ve all been there, seeing those shiny 6 digit figures can be pretty damn tempting to jump in.
However, almost always the token suffers from the inevitable valuation bubble, which is then followed by the burst and the impending collapse of the price. This Is why we have seen the mass adoption of static rewards, also known as reflection, a separate concept that seeks to eliminate the troubles caused by farming rewards.
Static rewards solve a host of problems. First, SafeMars reward amount is conditional upon the volume of the token being traded. This mechanism aims to alleviate some of the downward sell pressure put on the token caused by earlier adopters selling their tokens after farming crazy high APY’s. Second, the reflect mechanism encourages holders to hang onto their tokens to garner higher kick-backs which are based upon a percentages carried out and dependant upon the total tokens held by the owner.
Sometimes burns matter; sometimes they don’t. A continuous burn on any one protocol can be nice in the early days, however, this means the burn cannot be finite or controlled in any way. Having burns controlled by the team and promoted based on achievements helps to keep the community rewarded and informed. The conditions of the manual burn and the amounts can be advertised and tracked. Safemars aims to implement a burn strategy that is beneficial and rewarding for those engaged for the long term. Furthermore, the total number of Safemars burned is featured on our readout located on the website which allows for further transparency in identifying the current circulating supply at any given point of time.
Automatic Liquidity Pool (LP)
Automatic LP is the secret sauce of Safemars. Here we have a function that acts as a two-fold beneficial implementation for holders. First, the contract sucks up tokens from sellers and buyers alike, and adds them to the LP creating a solid price floor. Second, the penalty acts as an arbitrage resistant mechanism that secures the volume of Safemars as a reward for the holders. In theory, the added LP creates a stability from the supplied LP by adding the tax to the overall liquidity of the token, thus increasing the tokens overall LP and supporting the price floor of the token.
This is different from the burn function of other reflection tokens which is only beneficial in the short term from the granted reduction of supply. As the Safemars token LP increases, the price stability mirrors this function with the benefit of a solid price floor and cushion for holders. The goal here is to prevent the larger dips when whales decide to sell their tokens later in the game, which keeps the price from fluctuating as much as if there was no automatic LP function. All of this is an effort to alleviate some of the troubles we have seen with the current DeFi reflection tokens. We are confident that this model and protocol will prevail over the outdated reflection tokens for these reasons
Total Supply: 1,000,000,000,000,000
Burned Dev Tokens: 600,000,000,000,000
Fair Launch Supply: 400,000,000,000,000
Safemars employs 3 simple functions: Reflection + LP acquisition + Burn In each trade, the transaction is taxed a 10% fee, which is split 2 ways.
5% fee = redistributed to all existing holders
5% fee is split 50/50 half of which is sold by the contract into BNB, while the other half of the Safemars tokens are paired automatically with the previously mentioned BNB and added as a liquidity pair on Pancake Swap.
Step by step plan to ensure 100% safety.
Step 1 – Developers burned all own tokens before released.
Step 2 – Presale before the website is released
Step 3 – LP Locked on released for 3 years
Step 4 – LP generated with every trade and locked on Pancake
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One of Coinworldstory's longest-tenured contributors, and now one of our news,ico,hyip editors, Verna has authored over 6900+ stories for the site. When not writing or editing, He likes to play basketball, play guitar or visit remote places. Verna, to his regret, holds a very small amount of digital currencies.