SAFETOKEN

Earn Tokens just by holding! Safe Token categorizes itself as a yield Safeing and liquidity generation token. Yield Safeing is a term used to describe earning extra cryptocurrency through interest, which SafeToken token does through taxing those who sell their tokens. It’s also a liquidity generation token, as a portion of investors’ tokens are sent to the PancakeSwap liquidity pool upon sale of their tokens. Though terms like liquidity generation and yield Safeing may entice some cryptocurrency investors to buy into SafeToken, these tokenomics closely resemble the economics of a pyramid scheme. The platform incentivizes investors to hold their tokens; the longer an investor holds their tokens, the more rewards they receive. In a similar fashion to SafeMoon, when an investor sells their SafeTokens, they will be taxed a portion of their holdings. 10% of this tax is sent to the PancakeSwap liquidity pool; another 10% is redistributed to token The last 5% is redistributed to SafeToken holders as additional rewards.