SafeMoon V2 is a decentralized finance (DeFi) token that seeks to broaden the application of blockchain technologies. It is a product of SafeMoon, a technology and innovation company that maintains a strong connection with its community, known as the SafeMoon Army. SafeMoon V2 is a deflationary digital currency that strives to derive new forms of value from crypto technology and apply it to increasingly diverse uses. It operates on a unique protocol where token holders receive more SafeMoon V2 tokens depending on the number they hold. The protocol also includes a coin-burning strategy, which aims to manage the supply of the token over time.

SafeMoon V2 operates on a unique protocol that includes four functions that occur during each trade: Reflection, LP Acquisition, Token Burn, and Growth Fund. In each trade, the buy and sell transactions are taxed with a fee of 10%, which is divided as follows: 4% of the fee is redistributed to all of the token holders at the time, 3% is added to liquidity, 2% of tokens are burned, and 1% is added to the SafeMoon Ecosystem Growth Fund. This protocol seeks to ensure that token holders receive more SafeMoon V2 tokens depending on the number they hold, and the coin-burning strategy aims to manage the supply of the token over time.

SafeMoon V2 seeks to propel new innovations for good and advance those innovations to every part of the world. It is expanding to include a Centralized Exchange and NFT marketplace, in addition to the Decentralized Exchange and Mobile App already released. SafeMoon V2 also seeks to be a part of various blockchain, commerce, metaverse, and NFT products. It aims to provide a place to store and trade SafeMoon, with features like biometric authentication and automatic token distribution. The token also seeks to be used in the SafeMoon Wallet, which is protected by Orbital Shield, a login system designed to protect its users.

SafeMoon V2 is a product of SafeMoon, a company led by CEO John Karony. SafeMoon V1 migrated to SafeMoon V2 in December 2021 with the same original supply, consolidated at a 1:1000 ratio. The total supply of SafeMoon V2 can be described as a total supply of 1,000,000,000,000, with 223,000,000,000 burned dev tokens and a fair launch supply of 777,000,000,000. The current circulating supply, due to the burn tokens function, is 563,253,043,834 tokens as of May 20th, 2022. SafeMoon V2 intends to continue developing its technology and community to explore new possibilities in the crypto space.

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The current market cap of SafeMoon V2 is $1.573M. A high market cap implies that the asset is highly valued by the market.

Over the last 24 hours, the trading volume of SafeMoon V2 is $1.139K.

Assets that have a similar market cap to SafeMoon V2 include Hydrex, EICOIN, AI Meta Club, and many others. To see a full list, see our comparable market cap assets.

The current circulating supply of SafeMoon V2 is 614 billion.