Deutsch한국어日本語中文EspañolFrançaisՀայերենNederlandsРусскийItalianoPortuguêsTürkçe
Portfolio TrackerSwapCryptocurrenciesPricingIntegrationsNewsEarnBlogNFTWidgetsDeFi Portfolio Tracker24h ReportPress KitAPI Docs
Contracts
Rank #2584

Safemars Price

SAFEMARS

$0.000000008233

0.62%

฿0

Contracts

Safemars Price Chart (SAFEMARS)

Price
TradingView
1h24h1w1m3m6m1yAll
Swap
loading
$0
$0

Save on CoinStats Fees

Enjoy 0% Fees with Premium

Go Premium

Market Stats

Market Cap
$3M
Fully Diluted Valuation
$3M
Circulating Supply
383,336,206,950,550
Total Supply
383,336,206,950,550
Volume 24h
$1K
Price Change (1h)
0.34%
Price Change (24h)
0.62%
Price Change (7d)
8.98%
All Time High

May 11, 2021

$0
99.43%
All Time Low

Mar 20, 2021

$0
407.86%
Safemars Price Update

Safemars price is $0.000000008233, up 0.62% in the last 24 hours, and the live market cap is $3,156,756. It has circulating supply of 383,336,206,950,550 SAFEMARS coins and a max supply of 383,336,206,950,550 SAFEMARS alongside $1K 24h trading volume. Now, you can view this coin price in INR.

Notes

Crypto Converter

SAFEMARS

SAFEMARS

Holdings

About Safemars

Safemars is a self-directed liquidity and yield generation protocol. Safemars rewards its users for holding onto their crypto, which helps in creating demand in the market.


Check the Safemars price, total supply, maximum supply, circulating supply, trading volume, market cap, historical statistics, etc., along with in-depth information on several of the biggest and fastest-growing cryptocurrencies on CoinStats, one of the best crypto platforms around.


CoinStats is a cryptocurrency research and portfolio tracker app that provides valuable information on cryptocurrency news and investment advice to help investors make better decisions.


Read on to learn everything you need to know about the Safemars project and the SAFEMARS (SMARS) token.


What Is Safemars


Safemars is an autonomous yield and liquidity generation protocol.


It was launched on March 13, 2021, on Binance Smart Chain. The protocol has a native token SAFEMARS (SMARS), corresponding to the BEP 20 token standard.


Safemars applies 4% tax to all user transactions. 2% of that is promptly distributed to the Safemars holders.  The remaining 2% is added back into the liquidity pool. When a transaction takes place across the platform, smart contracts automatically burn some fee percentages and distribute rewards to Safemars holders.


Safemars offers an excellent reward system within the DeFi ecosystem by enabling users to earn without exposure to the risk of Impermanent Loss (IL). It allows getting rewards without farming, staking, and depositing tokens and allows users to get more tokens by simply holding Safemars in their wallets.


The protocol automatically locks the liquidity forever.


Kenneth Churchill is Safemars's creator and CEO. He has extensive experience as Managing Director.


How Does Safemars Work


Safemars protocol works by applying a 4% tax to every transaction. 2% of fees are used to reward holders. The system automatically adds liquidity with 1%, and 1% goes to holders via prizes and rewards.


SAFEMARS tokens have a total supply of one quadrillion (1,000,000,000,000,000). SAFEMARS is a deflationary token, meaning the protocol removes tokens from supply by burning.


After launch, over 50% of supply burned hodlers are rewarded.


Safemars uses a proportional transaction rewards model, where the rewards are based on the locked liquidity.


The white paper of the protocol states: effectively burned tokens make the token unruggable (liquidity locked forever).


Here are key features of Safemars:

  • Automated Yield and Liquidity Generation Protocol
  • Auto-lock Liquidity Forever
  • RFI Mechanics
  • Deflationary

Liquidity Pool

At the time of launch, SAFEMARS had an initial supply of liquidity formed by the pair of Binance Coin (BNB) and Safemars liquidity protocol tokens. Token ownership was renounced by sending them to a burn address, a wallet with no access key. This way, liquidity is locked forever.


By renouncing ownership, the cryptocurrency development team doesn't hold large amounts of tokens. This prevents the possibility of a rug pull.


Where Can You Buy Safemars


Safemars intends to get listed on more crypto exchanges. Currently, trading the token is available on the following exchanges:

-MarsSwap
-Gate.io
-PancakeSwap
-BKEX
-Hoo
-BitMart
-BitForex
-LATOKEN


The Safemars project was launched in 2021, having a specific roadmap. The network now intends to expand the team, get listed on new exchanges, and develop the ecosystem.


Safemoon and Safemars: The Same


Safemars has been gaining a lot of attention online after the success of SafeMoon, a very similar cryptocurrency that saw a massive jump in its prices recently. One can think that the crypto projects SafeMoon and Safemars are somehow related because of the similarity in names. However, note that these two are separate tokens.

Read More

Categories

Related Assets
Trending Cryptocurrencies

Assets with the largest change in unique page views on CoinStats in the last 24 hours.

Similar Market Cap

Among all the assets available on CoinStats, these have the most similar market capitalization to Safemars.

Safemars Markets

See More
#ExchangePairVolume (24H)Volume (%)PriceLast Updated
1
Gate.ioGate.io

SAFEMARS/USDT

$1K99.99%

$0.00000000818

Recently

2
LatokenLatoken

SAFEMARS/USDT

$00.01%

$0.00000000627

3m ago

Also Check Safemars Price On

Attention IconDisclaimer

No part of the content we provide constitutes financial advice on coin prices, legal advice, or any other form of advice meant for you to rely on for any purpose. Any use or reliance on our content is solely at your own risk and discretion.