The Safemoon wallet now has an NFT module in preparation for the project’s plans to release NFTs.
Latest Safemoon Coin Updates
Memecoin ecosystem, SafeMoon, has revealed its newest partners and wallet improvements. The team made the disclosures during the project’s latest SafeMoon Sunday Livestream to the community on February 13.
The program was anchored by SafeMoon’s Director Of Sales and Partnerships, Hayden Wing, who introduced Enhance Token and Shibnobi as SafeMoon’s new token partners. The deal got Enhance and Shibnobi project tokens listed on SafeMoon Swap. In return, the partner projects will deploy their tokenomics in ways that will benefit the SafeMoon ecosystem:
“We want to be able to utilise the SafeMoon ecosystem as much as possible. 11% of every single transaction that is spent goes directly to buy SafeMoon and rewarding to our holders. Every single thing that we do, whether you buy a product, buy Enhance, sell Enhance, buy an NFT etc., we buy SafeMoon,” Chase Coleman, CEO of Enhance Token, outlined how the SafeMoon token is integrated into the Enhance Token project.
SafeMoon Wallet’s New Features
The SafeMoon team also revealed that the latest version of SafeMoon wallet supports NFTs and digital collectibles. The NFT support is in response to the wish of the SafeMoon community and will be a springboard for the project’s plans for NFT releases. Soon the team will integrate the Opensea NFT marketplace into the wallet but promised to address its NFT plans in a future Ask-Me-Anything (AMA) session.
Another helpful feature introduced into the SafeMoon wallet is automatic slippage. The feature automatically sets the slippage, which applies to a pair of tokens that a user wants to swap. Users do not need to fiddle with slippage settings. Aside from these new features, the team is also optimizing the website for a better user experience.
SafeMoon Sunday is a regular livestream through which the team keeps the community updated on the project’s direction. SafeMoon wallet’s NFT integration has gotten a section of the community excited, while others call for the team to deliver on its promise to launch a blockchain and exchange.
What is SafeMoon?
SafeMoon is a memetoken that was launched in March 2021. It runs on the Binance Smart Chain, is a Decentralized Finance (DeFi) protocol, and has a robust community behind it. Current statistics show that almost 3million people hold the protocol’s token. On Twitter, SafeMoon has over 1.4 million followers.
SafeMoon token is deflationary. It slightly differs from other deflationary tokens in the sense that three functions happen with each transaction: reflection, liquidity pool (LP) acquisition, and burn.
For more about SafeMoon, visit the protocol’s links:
Website | Whitepaper | Twitter | LinkedIn | Discord
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