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What is SafeMoon (SAFEMOON)?
SafeMoon is a cryptocurrency token created in March 2021 on the Binance Smart Chain blockchain. The token charges a 10% fee on transactions, with 5% redistributed (or reflected) to token holders and 5% directed to wallets in a different currency, Binance Coin (BNB), controlled by the coin’s authors, described as a liquidity pool, to create a “solid price floor and cushion for holders”.
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