SafeBTC

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SafeBTC

SafeBitcoin (SafeBTC) is a friction-less, border-less, yield generating, community owned token on the Binance Smart Chain soon to be launched on the Ethereum (ETH) network as well. Its official website is SafeBitcoin.io and its official Telegram channel can be reached here^[6]

Key Facts

Each SafeBTC selling transaction has a 4% penalty: 2% is locked in liquidity forever and 2% is distributed back to token holders.

Almost 60% of its total supply have been burned and ownership has been renounced, making it a deflationary, community owned token.

Its contract and code have been audited and declared safe and fully inaccessible.

SafeBTC is often referred to as a Store Of Value such as Bitcoin (BTC) with the additional benefit of yield-generating typical of DeFi.

History

SafeBTC was launched in late March 2021.

Original developer renounced ownership and burned 58% of the supply.

Since then, SafeBTC has seen its Telegram (software) community grow past 7000 members in few days and its listing on popular cryptocurrencies aggregators such as Coinmarketcap and Coingecko.

The SafeBTC team is planning a major re-branding and re-launch including the new website SafeBitcoin.io (^[3]), new Whitepaper^[4] and updated Roadmap.

Token Metrics

SafeBTC has a total supply of 1,000,000,000,000 tokens.

A total of 589,106,103,934,802 tokens have been burned forever making the current Circulating Supply 410,897,015,655,234. Circulating supply keeps being burned. As of April the 5th, 2021 SafeBTC counts over 200,000 token holders.

Total burned supply to date accounts for a 58% of the total.

Liquidity accounts for a 2% and the remaining 40% is community owned.

In The Press

SafeBTC has been published on popular technology publication TechBullion ^[5] and much more publications are on the horizon.

Future Developments

SafeBTC will be releasing its own multi-platform wallet in the upcoming months.

They are planning to partner with the industry leaders in the Fintech and DeFi space to be able to allow border-less, friction-less and gas-free transactions, instantly.

The SafeBitcoin ecosystem will give birth to the following services: SafeAudit, SafeCommerce, SafeFarm and SafeLending.