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Holders of Safe Moon earn passive rewards through static reflection as their balances grow indefinitely as their balances grow. This token is unique due to its static RFI rewards. Rather than using digital burns, it employs a manual burn strategy to control the supply, an enabler rewarding and beneficial burn strategy for long-term holders and achievers. So basically, there is a 10% fee on each transaction, and Safemoon holders get a portion of this fee as passive income. Passive income increases as the wallet size increases.
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Since SafeMoon is just a four-month-old project, reflections will not be a big deal until they unveil their wallet and exchange. Well, the good news is that the wallet will be launched by the end of July, which is pretty exciting.
If you didn’t know, the 24-hour daily volume of BNB is approximately $1.4 billion, and it’s on 758,411 people’s watch list on Coinmarketcap. The Safemoon 24-hour trading volume is 52 million and on 1,557,276 people watch list. Remember, this token was created less than four months ago, and it has more people watching it than BNB that was created in 2017.
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