What is SafeWin?
SafeWin is a BEP20 utility token, created specifically for the SafeWin app
(an ecosystem where token holders are engaging in competitions, live draws, crypto and NFT giveaways). We pride ourselves in being unique by giving token holders the opportunity to win billions of tokens in our weekly giveaway event. SafeWin is programmed to reward its holders while increasing both liquidity and value.
Every transaction tax charges a fee of 8% and this is equally redistributed between holders and the liquidity pool. The more you hold…the more you earn!
The purpose of this is to provide incentives to investors for holding and to punish the market manipulators. We value the safety of our community funds above everything else. Therefore, we took the extra steps to ensure SafeWin is 100% safe and by doing so we burned 40% of the total supply following launch.
Following the SafeWin launch on PancakeSwap, 40% of the total supply of SafeWin was sent to the black hole address permanently reducing the supply.
47% locked to Liquidity Pool
SafeWin employs an automatic liquidity pool algorithm within the contract which collects 4% from each transaction no matter whether the order is to buy or sell and adds it to the LP. The goal is to minimize price movements when larger wallet holders decide to sell their tokens at any point in time. As the price stability mirrors this function, the benefit of a solid floor gives extra protection to SafeWin holders.
40% Black Hole Address:
As the black hole address is classified as a SafeWin holder it also receives a share of each transaction fee. Each share is burned leading to a persistently reducing circulating supply of SafeWin. As a result, no single person or entity has control of the contract making it decentralized and 100% community-driven with no backdoors or hidden ownership as it is impossible to access the contract through a dead address. This then puts the ownership and growth of the token into the hands of the community.
6% Giveaway Address: 0xd4ff6361ff11e5a1efefcc44c72819720693ae7e
Sometimes burns matter; sometimes don't, however, SafeWin aims to implement a burn strategy that is beneficial and rewarding for those engaged for the long term.
4% Marketing Wallet: 0x8e0ffaf314a7a0bfad0a2f5d4641a26167ba9f66
3% Dev Wallet: 0xe0c0b8f50405948f18f783b41ff3b13f5500b7cf
*On 09.06.2021 we decided to burn 2% of the Giveaway Wallet, as we believe 4% of the total supply is enough to cover our generous giveaways for the long term. Having burns controlled by the SafeWin team helps to keep the community rewarded. The conditions of the manual burn and amounts will always be advertised and tracked.
*On 19.06.2021 and 21.06.2021 we ran a maintenance action to decrease the number of tokens from the LP tax accumulated to the contract address. With the automatic liquidity process being refreshed, large amounts of tokens were sent to the PancakeSwap LP. To avoid a big price impact caused by the automatic selling, the dev wallet removed those tokens from LP and bought them back in. All the tokens left from the process were burned (sent to the dead wallet).
The following address was used to complete the process :
Our focus throughout the SafeWin journey is to create absolute transparency and generate full clarity for investors to know that what they are trading is safe and secure. Our team is always working on SafeWin social media platforms alongside our community who can guarantee its success. Through Telegram, Facebook, Instagram, Twitter, Reddit, and other social media channels, team SafeWin is creating a community that can go beyond the moon.
At SafeWin we aim to build on the market position as a leading blockchain community-rewards platform, through the consistent introduction of high-quality decentralized applications (DApps). This will be accomplished by leveraging the SafeWin team's experience and by enabling other development teams and users to guide the growth and direction of the platform through a unique governance mechanism. In contrast with more centralized competition-rewards platforms, the BEP-20 based platform SafeWin provides a unique and compelling user experience. No…forget about the moon! SafeWin plans on moving into another dimension.
The SafeWin.app development deadline is set for September 2021.