The DeFi space has exploded in the recent months. Yield Farming, Staking and Liquidity Mining have taken the space by storm, with participants earning by basically "locking" their tokens for a time. While generally great, these concepts have one downside: impermanent loss (IL). If you are farming/staking and the value of the underlying token changes significantly, even though you still get rewards, the value will far less than if you simply held your tokensThe SAFEMARS smart contract applies a 4% fee on all transactions (buys/sells). Out of this, 2% is automatically distributed to holders, without farming! This means the amount of tokens in your wallet will forever increase as people transact. This way IL is avoided altogether and in effect you get paid for just holding SAFEMARS. In addition, the SAFEMARS smart contract also takes 2% of each transaction and automatically adds it to the liquidity pool. The liquidity pool will continuously increase, which leads to a higher price floor of SAFEMARS.
Attention. There is a risk that unverified members are not actually members of the team
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