Difference between revisions of "SafeMoon Protocol (SAFEMOON)"

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===Bugs/Exploits===
===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.
* 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.



Revision as of 12:00, 22 May 2023

Basics

"A single solidity 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 billions of dollars."

History

Audits & Exploits

Bugs/Exploits

  • Safemoon Hacker stroked a deal with developers to return $7.1M (2-5-2023).
  • On March 28, 2023 Safemoon lost $8.9m after failing to restrict access to the burn function in a contract upgrade. Interestingly, the original attacker was front-run by an MEV bot also involved in last week’s Nuwa hack which promised to return stolen assets.

Governance

Admin Keys

DAO

Notable Governance Votes

Treasury

Token

Launch

Token Allocation

Utility

Other Details

Stablecoin

Coin Distribution

Technology

How it works

  • Three functions occur during each trade: Reflection, LP Acquisition, & Burn.

Fees

Upgrades

Staking

Validator Stats

Liquidity Mining

Scaling

Interoperability

Other Details

Oracle Method

Their Projects

Roadmap

  • Can be found here (5-2021).

Usage

Projects that use or built on it

Competition

Pros and Cons

Pros

Cons

Team, Funding, Partners

Team

  • Full team can be found 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 fundraiser which it over scribed a little bit (13-4-2021).

Partners

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