SAFUU - Awarding Compound Fixed Interest

Mas Ketert
6 min readFeb 23, 2022

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Introduction

Before discussing the Safuu platform, I will try to give an overview of the staking features in the crypto industry.
Staking is a process when you actively participate in the validation of transactions in the Proof of Stake (PoS) consensus algorithm blockchain.

Proof of Stake (PoS) is an algorithm whose role is to validate transactions based on distributed consensus. Validation is carried out based on the total number of crypto assets owned.

By staking, you will get passive income in the form of rewards or interest from locked assets. This makes it easier for you to have a diversified digital asset income. On the Safuu platform Staking is an important instrument in asset fund management, but other instruments also support asset fund management in order to obtain good rewards.
- SAP (Safuu Auto-Staking Protocol)
- SIF (Safuu Insurance Fund)
- SALE (Safuu Auto Liquidity Engine)
- LIC (Long term Interest Cycle)
- Auto-burn Fire Pit
In order to understand more about the features above, let's look at the following article.

WHAT IS SAFFU?

SAFUU is an Acronym for “SUSTAINABLE ASSET FUND FOR UNVIERSAL USERS“. It Is The Highest Paying Auto-Staking & Auto-Compounding Protocol.

It Has Highest Fixed APY in CRYPTO Which is 382,945% which offers LOW RISK with the “SAFUU INSURANCE FUND”. Here the interest is paid Every 15 minutes which is 96 Times Daily!.

Safuu provides a decentralized financial asset which rewards users with a sustainable fixed compound interest model through use of it’s unique SAP protocol.

Safuu delivers the industry’s highest fixed APY, paid every 15 minutes, and a simple buy-hold-earn system that grows your $SAFUU portfolio in your wallet at a lightning fast pace.

I have given all necessary links for the project at the end make sure to follow SAFUU on twitter and discord community

How Does SAFUU AUTOSTAKING PROTOCOL WORK?

The SAP Auto-Stake feature is a simple yet cutting-edge function called Buy-Hold-Earn, that provides the ultimate ease of use for $SAFUU holders.

Buy-Hold-Earn — By simply buying and holding $SAFUU token in your wallet, you earn rebase rewards as interest payments directly into your wallet. Your tokens will increase every 15 minutes.

Using a Positive Rebase formula, Safuu makes it possible for token distribution to be paid directly proportional to the epoch rebase rewards, worth 0.02355% every 15 minute epoch period of the total amount of $SAFUU tokens held in your wallet. The rebase rewards are distributed on each EPOCH (15 minute rebase period) to all $SAFUU holders.

SAFUU INSURANCE FUND(SIF)

SIF is the acronym for the Safuu Insurance Fund which is a separate wallet in Safuu’s SAP system. The SIF uses an algorithm that backs the Rebase Rewards and is supported by a portion of the buy and sell trading fees that accrue in the SIF wallet.

In simple terms, the staking rewards (rebase rewards) which are distributed every 15 minutes at a rate of 0.02355% are backed by the SIF parameter, thus ensuring a high and stable interest rate to $SAFUU token holders.

5% of all trading fees are stored in the Safuu Insurance Fund which helps sustain and back the staking rewards provided by the positive rebase.

TOKENOMICS

  • Initial Supply — 325,000
  • Max Supply — 3,250,000,000
  • Available to Purchase on PinkSale Pre-Launch — 197,280
  • Tokens for Liquidity — 90,535

THE FIRE PIT

2.5% of all $SAFUU traded are burnt in The Fire Pit. The more that is traded, the more get put into the fire causing the fire pit to grow in size, larger and larger through self fulfilling Auto-Compounding, reducing the circulating supply and keeping the Safuu protocol stable.

The other benefit to an everlasting burn of circulating supply is that due to the deflationary nature of it, equates to a higher value of each $SAFUU token, therefore increasing the individual value.

SAFUU VS TITANO

Why i think SAFUU is better than titan?

  • First of all safuu has sustainable Rebasing which uses LIC
  • It has an automatic burn function of 2.5% burn on every transaction.
  • Fees are hard coded in contract and the team has no hold over the fees once it is deployed.
  • It has a rug Proof mechanism.

LONG TERM INTEREST CYCLE

In order to maintain sustainability and future growth, we have introduced a Longterm Interest Cycle (LIC) component which will award $SAFUU token holders with continued compound interest in perpetuity.

Each Interest Cycle is 15 minutes in length and is referred to as an EPOCH.

  • EPOCH 1–35,040: 0.02355% every EPOCH (First 12 Months)
  • EPOCH 35,041–52,560: 0.00211% every EPOCH (Next 6 months)
  • EPOCH 52,561–245,280: 0.00014% every EPOCH (Next 6.5 Years)
  • EPOCH 245,281: 0.00002% every EPOCH (In Perpetuity until max supply is reached)

TEAM

The Safuu Team is comprised of highly esteemed group of 5 blockchain/solidity/dApp/web developers, 3 marketing guru’s, and our CEO. We have many contacts in the cryptosphere allowing us to easily reach influencers and gain an edge vs our competitors. It is also important to note that we will be looking to expand our team size after we have secured successful funding from our upcoming pre-launch which will allow us to rapidly expand the Safuu brand.

HOW TO BUY?

On March 1st, 8PM UTC there will be the pre-launch on PinkSale where everyone will have the opportunity to buy $SAFUU tokens. It will be on a first come first serve basis and if our launch will be anything like what we have seen in other protocols, it will most likely sell out within a few minutes. BNB will be the only way to buy $SAFUU tokens so you will need to have BNB ready in your MetaMask or TrustWallet at time of Pre-Launch.

PinkSale Pre-Launch:

  • PinkSale Pre-Launch Price — 1 BNB = 24.66 $SAFUU ($17.23 per $SAFUU)* *Current price 07-FEB-2022
  • Soft Cap — 4000 BNB Hard Cap — 8000 BNB (If Hard Cap is not reached, remaining tokens will be burnt in The Fire Pit).
  • Minimum Purchase — 0.1 BNB
  • Maximum Purchase — 50 BNB
  • PancakeSwap Listing — After initial Pre-Launch funding has completed we will go to market by creating the $SAFUU/BNB liquidity pair within 36 hours.
  • Pre-Launch funds will be used to create the PancakeSwap $SAFUU/BNB liquidity pair. This liquidity will be locked for 7 years via trusted Unicrypt.Network.

Conclusion:

Safuu is a decentralized financial asset that uses its own proprietary SAP protocol to reward users with a sustainable fixed compound interest model. The Safuu Auto-Staking Protocol (SAP) is a new financial protocol that makes staking easier, more efficient, and awards SAFUU token holders the highest stable returns in crypto. Safuu is a company focused on DeFi innovation that creates benefits and value for Safuu token holders, and the Safuu Auto-Staking Protocol (SAP) is a new financial protocol that makes staking easier, more efficient, and awards SAFUU token holders the highest stable returns.

If these projects deliver on their promises, it could be a game changer for investors, in my opinion. But before that, do your research at your best and take the decision at your own risk

MORE INFORMATION:-

#Safuu#cryptocurrencies#CryptoNews#Cryptos#crypto#investments#investing#investor#wealth#moneychallenge#defiyield#Definews#DeFiProject#BSC#DeFi

Author

Bitcointalk username: Masketert
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=1763016
telegram username: @masketert
BEP-20 address: 0xE7C6EB24D679a1CafEffC6798372A7bcC513200e

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