The cause of SafeMoon’s drop is unknown however, cryptocurrencies are renowned for their price volatility, and experts have already cautioned investors of the risks of trading them. With Lumi Wallet receiving and sending cryptocurrency is fast and simple. We use biometric 2-layer security and Google authentication as additional layers of optional security in addition to our wallet password. However, analysts, on the other hand, believe SafeMoon may be a ‘pump and dump’ scam that has risen off the back of other meme coins such as Dogecoin. Holders earn passive rewards through static reflection as they watch their balance of SafeMoon grow indefinitely. Your digital assets are safe with SafeMoon. The creators intended the token to penalize individuals who sell a 10% tax, with 5% redistributed to investors who are still hodling and the remaining 5% burnt.Ĭelebrities such as musician Lil Yatchy and YouTuber Jake Paul have also endorsed the token, which first appeared in March. Many fear revealing whether one gets selected to participate in the beta test in case they become a target. Safemoon Swap is on a listing spree as the DeFi platform is onboarding stable. The release of the form prompted several posts on the SafeMoon Reddit page as users urged others to abide by the NDA’s terms if chosen to test the wallet. Safemoon Swap Lists Chainlink For Trading Wallet Adds NFTs For Purchase. The SafeMoon is a community driven, fair launched DeFi Token. In business, it is customary for NDAs to be signed between firms if they engage in a contract together, allowing the firms to communicate information without the risk of it leaking.
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