Full description of BabySafeMoon
BabySafeMoon is a community driven reflection
Token (?) using a revolutionary dynamic tax protocol for stabilization.
Core Tax: Buy/Sell taxes are independent
Usually, transaction taxes are combined, fixed, and not changeable. Unfortunately, with unforeseen circumstances or positive opportunities for investors, it can be greatly beneficial to increase or decrease buy/sell taxes for health and stability.
Core Buy Tax 15%
Core Sell Tax 15%
15% Breakdown
Reflection to holders 7.5%
Development 2%
Marketing 1.5%
Giveaways 1%
nBNB bridge 3%
A simple step would be to make the transaction tax adjustable, however, in order to support one of our crucial core mechanics, we decided to take this one step further and create individual buy and sell taxes to provide the perfect amount of flexibility needed in support of the project and our community/investors.
Cruise Control (Dynamic Tax Protocol V2)
Baby Safemoon has a Dynamic Tax Protocol that automatically adjusts depending on the movement of the market.
Buy and sell tax are independent and automatically change depending on chart trend.
If there is a down-trend, sell tax increases and buy tax decreases. This is to incentivize buying. If there is an up-trend, buy and sell tax are stable/the same. Cruise Control automatically balances the buy and sell taxes proportionally such that any decrease on the buy or sell side would have an equal increase on the other side.
Fuel Protection Mechanism
The Baby Safemoon Rocketship Fuel Protection Mechanism is a system that counters trading dumps. The maximum sell is 0.1% of the total supply per 24 hours. This is to assure that bad actors do not manipulate the price while at the same time supporting the financial health and stability of the token.
What is the nBNB Network?
BabySafeMoon is the first third-party token to be accepted into the nBNB Network, meaning a percentage of all transactions contribute to the iBNB Rewards pool.
For all information please see complete Whitepaper at: https://baby-safemoon.gitbook.io/babysafemoon/
- Exchange symbol (?): BSFM
- Cryptocurrency type (?): Token (?)
BabySafeMoon for developers
BabySafeMoon social sites
Source: NOMICS
