SafeMoon Space Protocol is reminding members of the crypto community that its DeFi token presale is still ongoing until Nov. 20, 2021. So far, the project has raised 537.1 ETH (over $2 million) from the sale, with more expected to be realized this month.
SafeMoon Space takes pride in being a decentralized, audited, and fair cryptocurrency with a globally sustainable community that drives all its affairs. It is also a secure store of value leveraging on the DeFi space of the Ethereum network. To increase its audience and beneficiaries, the project is holding a presale for the next 12 days for investors to buy or reserve the $SMSP token.
Notably, the token is available as an ERC-20 and as a BEP-20 token. For the presale, one SMSP token is going for $0.125153. The minimum amount users can reserve is 0.1 ETH for the SMSP ERC-20 token while the minimum amount that they can buy for the SMSP BEP-20 token is 0.1 BNB. Buying tokens worth 1 BNB or more than 1 ETH guarantees one a 50% instant SMSP token bonus. Following a successful pre-sale, the token will be listed on major exchanges including Huobi, OKEx, KuCoin, and Gate.io.
Additionally, the project has a token burning mechanism to be implemented on the completion of the token presale. Burning creates token scarcity, resulting in an increased value of individual tokens. It also increases investors’ confidence in reaping from their initial investment and shows the developing team’s dedication to the project.
On Nov. 20, SafeMoon Space plans to launch the SMSP ERC-20 and BEP-20 token on both Uniswap and PancakeSwap. Thereafter, users can stake their tokens for passive income in the quest for financial freedom. Operating on both Ethereum and Binance Smart Chain (BSC) enables SafeMoon Space to onboard more users while utilizing cross-chain decentralized exchange technology eases user transfer of assets across different networks.
SafeMoon Space redefines DeFi by creating a pure financial system with incredible earning opportunities. 100% of the ecosystem’s profits are distributed among token holders. Additionally, in the near future, SafeMoon Space plans to launch a yield farming protocol to support charitable partnerships in various sectors.
As the team notes:
“Participating in the SafeMoon Space project means sharing the long-term vision that will turn heavy commitment in investments and the set-up of facilities into a durable and wealth-generating Ecosystem.”