Safehaven is a community driven DeFi project built on BSC. Earn BNB just by holding $Haven token, available soon via Initial Liquidity Offering on UniCrypt.
Andrew:
Hi all welcome to the AMAwith SafeHaven!
@SafeHaven_Marketing@SafeHavenDevThanksfor joining us today
Ryder SafeHaven:
Hello Everyone pleasure to be here !
SafeHaven Marketing:
Hi Andrew, thank you very much forhaving us. We are delighted to be here! BSC.NEWS is one of myfavourite resources for crypto.
Andrew:
Of course and thank youfor your supportit means a lot!
So this first question is prettystandard but
1. Can you tell usabout yourbackground, how you came to develop Safe Haven and alittle about yourteam?
SafeHaven Marketing:
Yes of course, well ourCEO has beenrooted in cryptocurrency since 2016 to varying degrees.Before that hewas a Financial Advisor working for a trading company.My role isMarketing Director, I am a fully qualified marketer with15 yearsexperience and extremely passionate about cryptocurrency andpromotingits adoption to more users. Our Community, Development &ExchangesDirector has a robust financial background, so we are astronganalytical, strategically thinking team, each with our ownskills thatwe bring to the table. We started $Haven because weidentified severalweaknesses of other cryptocurrencies and we wantedto create a tokenthat rewards holders for holding whilst insulatingthem from some ofthe market forces and tokenomics that negativelyaffectcryptocurrencies.
Andrew:
Wow that is great, so avery solid teamwith lots of experience in each of your fields!
SafeHaven Marketing:
Yes, I think our different backgroundshelps us come up with great solutions too, we are all creativethinkers
Andrew:
Of course, that is the beauty ofdiversity haha
Andrew:
So in terms of your project
SafeHaven Marketing:
Absolutely
Andrew:
2. What is SafeHaven? How doesit contribute to the BSC ecosystem?
SafeHaven Marketing:
So Safehaven.financeis itself is a newDefi ecosystem (complementary to BSC) that will provide a multitudeof cryptocurrency products and services for our users. Our firstaction is launching $Haven token, a cryptocurrency that providespassive income to holders through BNB rewards providedevery 3 days toall holders.
It supports the BSCecosystem primarilythrough the BNB reward function, which allows Haven holders to investtheir BNB rewards into other projects on the Binance Smart Chain, orsimply hold the BNB since that in itself is agreat investment!
Andrew:
Great, can you tell me a bit more aboutthese products and services you just mentioned?
SafeHaven Marketing:
Sure yes, let’s start with $Haven
Andrew:
Yeah that was my next question listedso let’s do it!
SafeHaven Marketing,
Ok well this is where we are focusingour efforts right now so it’s the best place to start!:)Fundamentally, $Haven is a deflationary token on Binance SmartChainthat rewards holders with BNB. The BNB reward pool is funded bya 9%tax on transactions which goes directly to the pool. Holders canclaim their rewards from the BNB pool every 3 days based ontheirproportion of holdings. So if you held 1% of the supply and theBNBpool was 100, you would receive 1 BNB. Our transaction tax amountsto16% in total (9% BNB pool, 5% liquidity pool, 1% reflection &1%Burn) The high tax fee to discourage short/bot trades of $Haven.Our tokenomics are designed to benefit long term holders anddis-incentivise day trading. In that respect, we see $Haven likedigital gold, something to be held as a store of value longer termrather than traded frequently like some other crypto assets.
Andrew:
So while I will touch back more aboutthe taxes, let’s talk about $HAVEN
3. So besides holding,does$HAVEN have any other uses on your project?
SafeHaven Marketing:
Sure
Until we release additional products,$Haven will be for holding only, the real use purpose of it thatholders will appreciate the most for now is as apassive incomegenerator. Traditionally with cryptos they must be sold before youtake profits, but with Haven, our holders will receive BNB dividendsevery 3 days.
This allows the holder to recoup someor all of their principal investment over time without ever having tosell!
Andrew:
Gotcha, so profit will mostly come fromthe BNB rather than trading $HAVEN
SafeHaven Marketing:
That’s correct Andrew yes,ideally wewould like to see our holders retain their full investment in $Havenas they enjoy the benefits of receiving BNB regularly!
We believe this will help improveretention significantly
Andrew:
Yeah I am sure it will,that is anaccumulator’s paradise!
4. So is this where the WhaleBNB Reward Tax come into play?
SafeHaven Marketing:
Over the past few weeks as the markethas declined, this has never been truer. It is great to be able towithdraw something from your crypto assets in these circumstanceswithout reducing your actual coin holdings. In fact since Haven alsoincorporates 1% reflection, you actually gain coins whilst earningBNB rewards at the same time. But our reward system is much moreheavily weighted towards BNB so that this allocation can be spentwithout further application of our trans tax
SafeHaven Marketing]:
Yes the whale tax refersto a 10% tax onBNB reward claims if your claim is higher than 0.5BNB. This is splitbetween 5% buyback/burn of Haven as a deflationarymeasure while 5%goes to the marketing and development fund to support future growth.
Andrew:
I see, wow so a 5% tax forbuybacks andburns will definitely help $HAVEN keep its price
SafeHaven Marketing:
Yes, we have spent a lot of timeanalysing every aspect of $Haven to optimise it for marketconditions, and to protect holders against some of the short comingswe’ve observed from other tokens. This is where we coined the phrase’Safetokenomics’
Andrew:
Understood, thank you for that answer
5. Why did you decideto go witha massive push on BNB specifically? Are you planning onrewardingholders with any other tokens?
SafeHaven Marketing:
Well we decided to reward BNB toholders as it is the native token on BSC network and westronglybelieve it’s value will be retained in the long term (but we’re notso sure about the dollar!). BNB is the no.4 most popularcryptocurrency so it is a good store of value due to its tradingvolume with great growth potential thanks to its cheap/fasttransaction fees.
Andrew:
I see, are there any plans on rewardingother tokens or expanding your project onto different blockchains?
SafeHaven Marketing:
In terms of rewarding holders withother tokens, we have discussed potentially introducing this in thefuture if it makes sense for holders but at the moment we see BSC asthe biggest growth opportunity platform for new tokens. We plan toexpand beyond BSC in the future, but for now our focus is on $Havenwithin the Binance Smart Chain ecosystem. Blockchain development issomething we will be working on in the future but we are focusing onincreasing awareness and adoption of $Haven first and foremost
Andrew:
Great, yeah that makes sense to put allyour attention and effort in to one aspect of the project beforeexpanding that much
SafeHaven Marketing:
Yes exactly Andrew, that’s myperspective entirely. We will build $Haven to a dominantposition,after that further products and services will follow. We arestill a small core team but as SafeHaven increases market share andwe solidify are position, we will then diversify into the next phasesof our project.
6. There is a huge burn thatyou talk about on your site, will this happen periodically or only onthe day of the launch?
SafeHaven Marketing:
So 10.85 million $Havenwill be burnedon the day of launch to the dead wallet. This means that 51.6% of theBNB pool will be unclaimable, enhancing the sustainability of theHaven BNB reward system, giving our holders passive income they canrely on. The more adoption/trading volume ofHaven increases, the morerobust and reliable our BNB reward systemwill become. After that, 1%burn on all transactions plus the burnfrom the anti-whale BNB rewardtax will further decrease supply.
Andrew:
wow so more than half?
Are you offering any public presales atthe moment for users or only on the day of the launch?
SafeHaven Marketing:
Yes, so effectively theburn wallet willbe entitled to 49% of the BNB but since it canobviously never beclaimed, there will be more BNB for all holders.:)
SafeHaven Marketing:
No pre-sale or privatesale will be heldbut our Initial Liquidity Offering on Unicrypt Network will beannounced very soon!
Andrew:
Be on the lookouteveryone!
will the 49% of the BNB for the burnwallet be distributed to holders?
SafeHaven Marketing:
Not directly no, only through theirreward claims, but they will benefit from the fact that such a largeportion of the pool can’t be removed, which reduces the claim amountfor remaining holders during that 72 hour cycle
Andrew:
Gotcha
7. With recent securityconcerns surrounding BSC, what steps have you taken to ensure thesecurity of user’s funds?
SafeHaven Marketing,
Yes this is very important. We havesubmitted our audit application to solidity.finance. We will conductfurther audits afterwards to give our holders complete peace of mind.The Smart Contract audit will be posted before we are live onPancakeswap. We have also tested the token on testnet and mainnet and it is working perfectly!
Andrew:
awesome that is great to hear! When doyou think the audit will be complete?
SafeHaven Marketing:
We are hoping it will be finished sometime next week, but we don’t have a date yet! It will certainly bebefore our first DEX listing at least.
Andrew:
Okay great
8. What sets you apart from thevarious other projects that are already launched on BSC?
SafeHaven Marketing:
In short, I think it’s our uniquetokenomics. There is no other cryptocurrency with the combinedmechanisms we’ve employed to combat some of the issues we’veobserved that detract from other cryptocurrencies. Our other maindifferentiating factor will be our marketing proficiency and ourcollective experience in business management. A project with thescale of ours along with the milestones we’ve set requires a verystrong team. We think we have the skills, the marketing competencyand the level of investment required to accomplish our objectives.
Andrew:
Yeah from what you told me about yourteam it seems like you guys know a lot and I am looking forward toseeing further developments in addition to what you have inproduction already
So last but not least
9. Do you have any excitingnews to share with us today?
SafeHaven Marketing:
Thanks very much Andrew! Well the teamis excited that we just reached over 1,100 telegram members in 3 daysand 200 followers on Twitter. The next big announcement will be ussetting the date for our Initial Liquidity Offering on Unicrypt! Thiswill be a huge step forward to bringing this project to life, withthe support of our community.
Andrew]:
Okay awesome so I think that wraps thisAMA up
Thank you for taking the time to joinus today I know it was a bit of a long one
SafeHaven Marketing:
Great thanks Andrew it was a pleasurechatting to you and answering a few questions fromtheBSC.NEWScommunity!
Andrew:
However, goodluck on your project andwe are looking forward to seeing your development! Take care all?ﾟ
This is a paid Ask Me Anything (AMA), BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement AMA for $2000 Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the AMA.
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