Safemooncash | The Most Open & Innovative DeFi Ecosystem.

Md Arif
5 min readJul 2, 2021

As we all know, almost every aspect of banking, lending, or trading is now managed by a centralized system and operated by a centralized regulatory agency and gatekeeper, allowing everyone to deal with a number of financial intermediaries to gain access to everything from loans, trading, stocks, and bonds. Because there are limited ways for customers to directly access financial services, this centralized arrangement makes the system prone to monopolization. The Centralized System compels people to go via intermediaries such as banks, exchanges, and lenders, who receive a proportion of each financial and banking transaction without being able to avoid it, which is undoubtedly negative because the costs imposed are exorbitant. When someone performs a transaction in a traditional checking account in a centralized system, the transaction is recorded in a personal ledger with a history of banking transactions owned and administered by major financial organizations or governments. It all starts with a decentralized public ledger broadcast on a public network, where financial transactions are recorded in sophisticated computer code and everyone may access their cash without going via a centralized middleman. DeFi, or Decentralized Finance, is one of the Blockchain market’s inventions. It is a centralized financial system that eliminates the role of centralized middlemen and allows everyone to make transactions through peer-to-peer exchanges. DeFI altered the Blockchain system, causing formerly easy financial transactions to become more complicated. Safemooncash is a one-of-a-kind Ecosystem that represents the future of the Community-Driven DeFi Ecosystem.

What is Safemooncash?

Safemooncash is a new Decentralized Finance Ecosystem that is entirely community-driven, with a wide range of novel and exciting new concepts. Safemoon Cash offers a new concept with rug proof and an ecosystem managed by its own community with the same concept as Bitcoin cash where Safemooncash wants to be an alternative to Safemoon which has various shortcomings, Safemooncash improves this by doing various unique and very unique improvisations. Their team established a long-term platform as well as Rug Resistant so that the community does not have to worry about being hurt unilaterally since the platform employs a new community-based approach.

Their source code is publicly accessible and has through multiple audit processes to ensure the security of its users’ valuables. The Safemooncash Smart Contract also has the “Static Reflections” function, which provides holders with passive revenue from different Safemooncash transactions on a public network, ensuring that the system’s value is maintained as the number of holders and demand grows over time. The Safemooncash Smart Contract has also been re-launched, ensuring that the community retains control of the platform, and the initial liquidity has been delivered to the burn address, preventing the Rug process and ensuring long-term passive liquidity.

Conceptual Innovation :

Safemooncash provides a new DeFi concept that is completely community driven by implementing various unique and innovative features with safe smart contracts that have been audited. The renounced protocol also ensures control is in the hands of the community, and the Governance system will be implemented in the future. Furthermore, Safemooncash established a new system that contributes to humanity in which every transaction will be subject to a charge that will be paid to the needy, particularly to diverse individuals in third-world nations such as Africa. The tax on each transaction is 4%, with a 2% distribution to holders and contributors and a 2% distribution to automatic liquidity, ensuring a healthy ecosystem with preserved value for long-term planning.

Transparent & Audited Smart Contract :

The Safemooncash Platform prioritizes community trust in order to create a unique, inventive, and healthy ecology in which business concepts may thrive. To guarantee transparency, an audit procedure by a trustworthy third party was also carried out, with Safemooncash entrusting the audit process to RD Audit & Techrate Audit, which kills its credibility. RD Audit

Furthermore, as previously said, Safemooncash maintains continued liquidity with LP delivered to the burn address, making it Rug-resistant and ensuring the confidence of its users in a fully community-driven environment.

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Safemooncash Token :

Safemooncash is a Native-Currency that tokenizes the Blockchain network, which will be the primary instrument in the Safemooncash DeFi ecosystem , Holders have additional benefits and unique passive income through the “Static Reflection” feature embedded in their source code, which provides a fair distribution via numerous transactions that occur in the ecosystem, ensuring an ecosystem with a long-term business strategy. In the future, they will also add a Governance token via which each community may participate to the platform’s growth, resulting in a new Decentralized financial ecosystem that is innovative and transparent.

DeFi Growth :

DeFi, or Decentralized Finance, has recently been one of the marketplaces that has received a lot of attention, along with NFT entering into the global market with fresh, extremely unique concepts that continue to expand as their use grows. Everyone is beginning to recognize the power of Blockchain technology, and DeFi introduces an innovative complex banking system that is transparent and innovative. At the time this article was written, the total DeFi Market Size had surpassed $50 billion, a threefold increase over the previous few years, and this value will continue to grow with various innovations. Another new DeFi, Safemooncash, is one of the ecosystem’s new inventions that brings a new system that benefits all users on the ecosystem, redefining the future of DeFi Protocol through their platform.

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In Conclusion :

DeFi is one of the blockchain inventions with a huge market size and its users continue to expand, but it is prone to different crimes such as rug pulls and other things. Safemooncash offers a system for all of its users with verified Smart Contracts and high liquidity. maintained using a renounced protocol that locks liquidity on the burn address, providing maximum transparency and rug resistance Safemooncash also provides safe tokenomics, with a charge of 4% of each transaction on the public network given partially to its holders, ensuring that demand grows over time.

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