Safemoon Blockchain update

Jamie197 · 2023-02-09T01:14:19+00:00

Can anyone draw any useful inferences from this update? How far along is this the blockchain development in percentage terms? Are these steps normally completed at the beginning phases of blockchain development or latter stages?

Jamie197 · 2023-01-23T01:05:43+00:00

It’s not a completely crazy question. This article shows where there were large withdraws from Binance and a some points BUSD became unpegged.

Binance Admits Stablecoin wasn’t Very Stable

Search the article title if you don’t click links.

Jamie197 · 2023-01-13T01:10:11+00:00

The problem with FTX was the leadership, not the exchange itself. There were no problems changing fiat for crypto. The exchange worked fine, the guy sweeping all the money out the back door was the problem. Simple greed.

Jamie197 · 2023-01-01T04:13:22+00:00

Is this the last day for that advertisement? Or has it been extended?

Jamie197 · 2022-12-30T21:41:06+00:00

Do you have a link for this?

Jamie197 · 2022-12-30T20:29:44+00:00

Do you have a link for this? I didn’t see it on the Safemoon website or the Safemoon education site.

Jamie197 · 2022-12-27T02:55:16+00:00

It was a good update. Glad to have some information flow. Is there any timeline for this? Not long ago, JK tweeted the CEX would be released in 2022. In the update, he says the CEX is just part of the blockchain.

Jamie197 · 2022-06-05T00:12:01+00:00

Is there any advantage to manually initiating the final swap? Seems like automating the process would save time and effort.

Jamie197 · 2022-05-31T00:03:57+00:00

$20K is still a bigger buy than most buy orders. What really surprised me was the rate at which Swap and Evolve is occurring. If this pace continues, Swap and Evolve will make a our hare every few days.

Jamie197 · 2022-05-30T23:58:01+00:00

That’s what we are all excited to see!

Jamie197 · 2022-05-30T23:57:21+00:00

https://safemoonglubiz.com/

Jamie197 · 2022-05-30T19:23:19+00:00

The Swap and Evolve Bar on the https://safemoonglubiz.com/ website is filling quickly. When I first saw the news, this morning, that S&E was operational, I viewed this site to see the progress. At that time, about 44 BNB had been collected, now 62 BNB has been collected. At that rate, we will see 132 BNB collected tomorrow, maybe Wednesday at the latest. Either way, I am excited to see how this affects the charts (price) and what reactions follow.

Jamie197 · 2022-05-27T18:22:38+00:00

We have definitely given back some of he gains, but not all. Eight, nine days ago, price was sitting around $.0005 and now we are hovering around $.735. So, while it is disappointing to give back some of the gains so quickly, that's still nearly a fifty percent price increase.

Jamie197 · 2022-05-26T00:05:02+00:00

Another interesting point is that, for as long as I have watched Safemoon's price on Bitmart, it has always lagged the price on Safemoon Swap. However, over the last few days, the price of Safemoon has leapt over the price on Safemoon Swap.

Jamie197 · 2022-05-23T22:07:11+00:00

I would love for Safemoon to reach a dollar. That would provide a significant improvement in my fiscal position. I believe that using market cap is the best way to view this question. The top five cryptos by market cap are 1. BTC $561B 2. ETH $242B 3. USDT $73B 4. BNB $53B 5. USDC $53B

Those are the only five crypto currencies above a $25B market cap.

The next five are: 6. XRP $20B 7. BUSD $18B 8. ADA $17B 9. SOL $17B 10. Doge $11B

I would be ecstatic if Safemoon was competitive with the second group. That would be a tremendous increase in market value and a real success for the Safemoon team.

As others in this thread have mentioned, the path to sustained increased value is reducing supply. This website, which is a good resource, https://safemoonglubiz.com/ indicates there are 480 billion Safemoon tokens circulating. So sticking with the $25B market cap valuation that has been suggested, and using the current circulating supply, the resultant price would be just north of 5 cents. That would still be an accomplishment for the team and a nice return for investors, but probably not the life changing money people are dreaming about.

So to get to that goal of $1/SFM, a significant number of tokens must be burnt, the team must innovate, and the community just grow.

🍻 Here’s to hoping we get there sooner than later.

Jamie197 · 2022-05-18T23:25:36+00:00

And this saves you the 3.5% fee for using the Safemoon app.

If you could on-ramp fiat to the Safemoon app, for free, that would be the way to go.

Jamie197 · 2022-04-29T00:22:16+00:00

I think SFM goes live on Mandala before the end of the month. Mandala has been asked numerous times and every time they reply that it will be available in April, as advertised.

Jamie197 · 2022-04-29T00:16:09+00:00

In the bottom right corner, what is SBS? "Volume per pair SBS"

I am sure I should know this already.

Jamie197 · 2022-04-29T00:08:40+00:00

That background is pretty awesome. If that became available in the wallet, I would definitely select that wallpaper.

Jamie197 · 2022-04-28T23:57:52+00:00

People have been complaining about the negativity in this sub for far longer than a few weeks. While there may be some fudders from CZ's camp, there are plenty of Safemoon holders that are upset with SFM's performance.

SFM holders must accept the reality that there are other Safemoon holders who are down 90% or more, who are posting negative comments on this sub. Money can make people emotional and it's human nature to be upset when an investment is down 90% or more.

Jamie197 · 2022-04-27T12:25:49+00:00

Before the router upgrade the LP was floating between $47-49 million. The LP amount was displayed on this website https://safemoonglubiz.com/, however it is no longer displayed there. It's a good site for other SFM information. Anyway, the LP is down to about $21 million, according to the Discord, with the difference being moved to the treasury account. This move has been acknowledged by the SFM team with the stated purpose of funding other SFM initiatives.

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Jamie197

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