SafeETH

Invest in SafeETH (SAFEETH) Token - Explanation, Quote and Benefits

SafeETH Exchanges

Exchange Market Pairs Buy
What is SafeETH (SAFEETH)? SafeETH is a Defi token. According to the SafeETH website, SafeETH is a self-deflating yield and cash generation protocol. SafeETH charges a 4% tax on each transaction, which is then divided in half. While 2% of the fees are prorated among existing cardholders, the other 2% automatically goes into the pool. What is the purpose of SafeETH? According to the SafeETH whitepaper, the purpose of SafeETH is to provide token holders with a way to earn with their tokens without having to stake or farm. It should also be noted that the splitting of these fees provides an incentive for holders to continue holding for longer periods in order to earn this return. Furthermore, the whitepaper states that auto LP adds stability to the protocol by providing a minimum price in SafeETH for token holders, and the auto-burn strategy helps SafeETH token holders in the long run. How many SafeETH coins are there? SafeETH launched on March 23, 2021 with a total supply of 1,000,000,000,000,000. Sixty percent (60%) of that supply was sent to a dead (burned) address, leaving the current circulating supply below 400 billion.