This article needs to be wikified. (August 2023) |
Formation | 2021 |
---|---|
Headquarters | Pleasant Grove, Utah, US |
Products | Cryptocurrencies |
Key people | Braden John Karony (CEO) |
Website | https://www.safemoon.com |
SafeMoon LLC is a cryptocurrency and blockchain company that was created in March 2021.[1] They also have a cryptocurrency token called SafeMoon (SFM) that trades on the Binance Smart Chain blockchain. The token charges a 10% fee on transactions, with 5% redistributed to token holders and 5% directed to wallets in a different currency, Binance Coin (BNB), controlled by the token's creators.[2][3] The token reached its highest market cap in April 2021, but has since dropped significantly in value.[4]