SafeAtom Protocol.

5 min readJun 20, 2021

Introduction:

It took very little time from the moment of launching to the phenomenal success of SafeMoon, but hundreds or even thousands of it’s clones have already appeared on the market, & every day there are more and more of them, because who doesn’t want to became rich in a weeks/months. But there are only few really strong projects in a long time, & even they exactly adopted all the problems of first project — irretrievably lost BNB in the contract. You can easily check it by looking at the balance of SafeMoon contract or any analogue to make sure that considerable funds stored there — BNB that should’ve gone into liquidity. And their number won’t decrease. Opposite, it will only increase.

About SafeAtom Protocol

The SafeAtom Protocol is a BEP-20 cryptocurrency on Binance Smart Chain with Community Driven Static Rewards, Community Driven Automated LP generation (don’t mix up with Automatic LP), Burn & full Governance. Initial transaction fee — 14%, of which Community Driven Static Rewards — 7% Automatic LP Generation — 7%.

SAFEATOM ADVANTAGES

1. Community Driven Static Rewards or CDSR

CDSR means that set by voting among holders percentage of the generated fees are going to holders of the token. The percentage of fees You earn is calculated by the percentage of SAFEATOM that you own among holders. It generates a much higher yield than it would be possible in other ways. Voting will take place monthly at safeatom.app/vote. The percentage will change last day of each month.

Initial CDSR — 7%

2. Supremacy of Community Driven Automatic LP Generation (CDALP) above Automatic Liquidity Pool (LP)

Automatic Liquidity Pool (LP) means that a smart contract takes a part of the tokens received from the commission paid by buyers and sellers, changing the part in BNB in equal proportions & adds them to liquidity, forming an airbag for all holders and a protective mechanism from trading bots/arbitrage traders. The same SafeMoon’s & each subsequent based on it’s project firm function. Undoubtedly it’s an excellent function, but also it has a serious flaw, which not only distributes not all of declared 10% to holders and to liquidity, but also negatively affects the token’s price growth. 2 diagrams below clearly shows the SafeMoon’s mechanism with its problems & the main SafeAtom mechanism.

As you can see on the diagram, due to the price volatility of the crypto market, the sold part of the tokens cannot be returned back to liquidity, that not increasing liquidity, but reducing it and thereby lowering the value of the asset.

Community Driven Automatic LP Generation (CDALP) is the trademark of SAFEATOM. Unlike Automatic LP, BNB stuck in a contract due to price fluctuations in the market will be marked $ added to liquidity in the next transaction. The SAFEATOM community of holders has the right to set % of the CDALP commission in each transaction by voting at safeatom.app/vote on a monthly basis. The percentage will change on the last day of each month.

Initial CDALP — 7%

3. Community Driven Manual Burn or CDMB

The deflationary mechanism of CDMB allows SAFEATOM holders set the frequency and amount of monthly burned tokens by voting.

4. Decentralized Token Launch App and Exchange, Token Locker, Token Minter

The main SAFEATOM idea — creating of a completely decentralized platform at the Binance Smart Chain with its own Decentralized Exchange and Launch App for new crypto assets. Our platform will let You fully trade, stake and farm crypto assets, conduct Initial Future Offerings (IFO) & Initial Token Sales, create and lock tokens. We’re going to implement all of these by the end of 2021.

5. Governance

Each SAFEATOM holder have the opportunity to take part directly in the development of the project, make decisions about the size of commissions for each operation, burning tokens, submitting applications for listing on another exchanges & distributing funds for SafeAtom Protocol marketing. Making decisions by voting will be available to all SAFEATOM holders. The number of available votes for participant is equal to the number of SAFEATOM tokens and liquidity tokens, according to the percentage of the total token’s number in circulation.