SafeMoon: Scam or Legit?

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0:22 Types of investors
2:19 Business model
3:57 Bitconnect v2?
4:56 Ponzi scheme
5:50 Burn and liquidity addresses
7:00 Pyramid scheme
7:54 Still a scam?
8:42 Source code
9:24 Inflated fees
10:03 Active team
10:19 CertiK audit
11:03 Upcoming releases

How To Buy Binance Coin (BNB): https://youtu.be/6-sUDUE2RPA
How to Buy SafeMoon (Official Website): https://safemoon.net/buy
How to Buy SafeMoon (30 sec video): https://twitter.com/safemoon/status/1386019110471958528

SafeMoon employs 3 simple functions: Reflection + LP acquisition + Burn (in each trade).

SafeMoon's 10% protocol fee (more info):
- 5% is distributed back to all holders. (FYI, the burn wallet is also a holder)
- 5% is for liquidity (which is then divided in half, see below)

5% liquidity (more info):
- 2.5% is swapped for BNB. BNB is deposited into this address: https://bscscan.com/token/0x8076c74c5e3f5852037f31ff0093eeb8c8add8d3?a=0x9adc6Fb78CEFA07E13E9294F150C1E8C1Dd566c0
- 2.5% is left as SafeMoon. The liquidity wallet address: https://bscscan.com/token/0x8076c74c5e3f5852037f31ff0093eeb8c8add8d3?a=0x86b695aaa2600668cec754c7827357626b188054

This is the burn wallet address: https://www.bscscan.com/token/0x8076c74c5e3f5852037f31ff0093eeb8c8add8d3?a=0x0000000000000000000000000000000000000001

According to SafeMoon's team, this address is actively receiving the burnt tokens, and the token reflections happen inside of the contract so there's no transaction hashes posted.

CertiK audit results: https://www.certik.org/projects/safemoon

Generally, most people are happy with the audit.

Good luck to all SafeMoon hodlers!

Disclaimer: The video contains my opinions and is for entertainment purposes only. The information is accurate as of the release date but may not be accurate in the future. Do your own research and due diligence.

#EddieYoon

Видео SafeMoon: Scam or Legit? канала Eddie Yoon