SafeDancer is based on proof of stack consensus and built on Binance Smart Chain. SafeDancer Smart contract is based on BEP-20 algorithm. SafeDancer will be listed on Pancakeswap. The secure smart contract based on Binance Smart Chain is fully decentralized. The Project holds 10% of the total supply in which they divided 5% for research and development and other 5% for marketing.
A common misguided judgment with the overwhelming APY normal is the subjectivity of the impermanent misfortune from staking an LP (liquidity provider) in a farming reward generator. With the blast of DeFi we have seen as well numerous modern cryptocurrency miners get sucked into a high APY LP-farming trap, feeling sad as they are pushed out by prior buyers with higher staking rewards.
We will burn 10% from the total coin supply. Please take a look at the tokenomics section. Having burns controlled by the team and promoted based on achievements helps to keep the community rewarded and informed. The conditions of the manual coin burn and the amounts can be advertised and tracked. SafeDancer aims to implement a burn strategy that is beneficial and rewarding for those engaged for the long term.
Our team understands the current security concerns of the Binance Smart Chain ecosystem. There are many scam projects which take investor's money and do nothing. That is the reason why we decided to be fully committed to being transparent about all of our work with our community and future investors.
SafeDancer has a total supply of 1 Billion tokens
There is going to be 3 options for the presale with each option appealing to a different demographic of investors so we can appeal to a wide range of investors. Dev team will add 20% of the token supply to LP on PancakeSwap and participate in the fair launch with everyone else. We will publish the listing date on PancakeSwap.
After rolling out the first testnet, we recognize that top $DANCE holders have more advantages when collecting $DANCE than others. Following the philosophy of building a pure community-driven project. We introduce a new tax feature, If you collect more than 100,000 $DANCE, 20% of it will be used to buy back $DANCE at the market price and burn them immediately. This feature helps deflate the supply and increase the price of $DANCE for long-term $DANCE holders.
There is a 10% tax on each transaction, 4% gets added to the liquidity on PancakeSwap through the contract. This liquidity becomes locked away and inaccessible, once again raising the price floor each and every time a transaction is made.
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