Kriptoks

SafeMars (SAFEMARS) is a unique cryptocurrency that aims to offer a safe and reliable way for traders to hold and grow their assets without the complexities and risks involved in traditional staking, mining, and yield farming processes. As a liquidity protocol and independently yielding asset, SafeMars offers its holders the opportunity to increase their stake in the SafeMars liquidity simply by holding the coin.

Unlike other yield farming practices where traders stake or lend their assets to generate returns in the form of additional cryptocurrency, SafeMars rewards its holders with additional coins without requiring them to perform complex or time-consuming methods. In addition, SafeMars also waives off the gas fees of miners, thus benefiting its holders further.

To ensure the safety and reliability of its token, SafeMars employs a unique protocol whereby more than half of the supply of SafeMars is already sent to the black hole address, decreasing the circulation in the circuit. The black hole address is also a holder and gets rewarded for holding coins, restricting excessive growth in circulation and making the coin forever a liquidity locker. This process of burning tokens from circulation reduces the number of coins in use, making it a deflationary token.

SafeMars is 100% safe, and no single holder can mint fresh tokens, terminate protocol-generated liquidity, or abandon presale allotments on the market. With its focus on deflationary tokenomics, SafeMars seeks to ensure guaranteed safety for traders' funds and ensure their value over time.

The founder of SafeMars is 'The Martian,' and the token was launched on March 13, 2021. The current management team includes Kenneth Churchill as chief executive officer, Jesus as chief operating officer, Eduard as chief technology officer, DemonSeated as chief marketing officer, and Rob as project manager. The whitepaper and initial listings of SafeMars were done following the launch in Q1, 2021.

SafeMars offers traders a unique way to hold and grow their assets safely, and its deflationary tokenomics make it an attractive option for those seeking long-term value. With its focus on simplicity, reliability, and safety, SafeMars is a promising cryptocurrency that offers significant potential for growth and returns.