View source for SafeMoon Protocol (SAFEMOON)

==Basics==

*Wants to be an exchange. Got famous for their [[Pump and Dump|pump & dump]] during the [[Binance|BSC]] [https://rekt.news/shitcoins/ craze] of early 2021:

''"A [https://github.com/safemoonprotocol single] [[solidity]] [https://twitter.com/therorymurray/status/1384663572685500426 file] with just two commits made on the same day was enough to build a token with a market cap in the millions, and [[FDV]] in the [https://coinmarketcap.com/currencies/safemoon/ billions] of dollars."''

==History==

* Got finally [https://twitter.com/EDNYnews/status/1719754438615740550 charged] with a multi million dollar fraud scheme (1-11-2023).

==Audits & Exploits==
*[[Bug bounty]] program can be found [insert here].
===Bugs/Exploits===

* Safemoon Hacker [https://newsletter.blockthreat.io/p/blockthreat-week-16-2023 stroked] a deal with developers to return $7.1M (2-5-2023).
* On March 28, 2023 Safemoon lost $8.9m after [https://rekt.news/safemoon-rekt/ failing to restrict access] to the [[Burn Mechanisms|burn]] function in a [[Smart Contract (SC)|contract]] upgrade. Interestingly, the original attacker was [[Frontrunners|front-run]] by an [[Maximal Extractable Value (MEV)|MEV]] bot also involved in last week’s [https://twitter.com/NumenAlert/status/1638563104668925952 Nuwa hack] which promised to return stolen assets.
==Token==
===Token Allocation===

* Had a [https://safemoon.net/whitepaper 12%] allocation towards devs, but those tokens got [[Burn Mechanisms|burned]]. The rest were distributed through [[Liquidity Mining|liquidity mining]].
==Technology==

*[[Whitepaper]] can be found [https://safemoon.net/whitepaper here].
*Code can be viewed [https://github.com/safemoonprotocol/Safemoon.sol here].
*Built on: [[Binance|Binance Smart Chain]]

===How it works===

* Three functions occur during each trade: Reflection, [[Liquidity Provider (LP)|LP]] Acquisition, & [[Burn Mechanisms|Burn]].
==Roadmap==

*Can be found [https://safemoon.net/ here] (5-2021).
==Team, Funding, Partners==
===Team===

*Full team can be found [https://safemoon.net/#team here] (7-5-2021). With all team members their socials, but not any links to their [[Github]] activities.
*John Karony; CEO

===Funding===

* Had a $1M [https://safemoon.net/fund fundraiser] which it over scribed a little bit (13-4-2021).

===Partners===
==(:==
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[[Category:Coins/Tokens]]