Cryptocurrencies are as moody as the weather. However, in the past few years investing in cryptocurrencies has been encouraged. Even if there is some sort of instability and price swings, there are some cryptocurrencies that offer stability like Safemoon. It was established in March 2021, so it has been only a few weeks since the currency has been in the market. But the great thing about it is the stability. Safemoon is following the principle of ALP.
The Automatic Liquidity Pool is the principle where in loyal investors are encouraged and speculators are discouraged. Developers of Safemoon have facilitated offering rewards to investors and impose a 10% penalty on sellers. Then, 5% of the penalty amount is distributed to shareholders and the rest 5% gets burned manually. This maintains the cryptocurrency and avoids any instability.
For investors, there is something exciting. Every transaction contributes to the automatic generation of liquidity inside PancakeSwap LP. It rewards investors through many ways. It allots RFI static rewards to holders through static reflection. And it leads to the growth of their SafeMoon balance in a consistent manner. The consistent growth of balance is what appeals investors.
Safemoon is using the ALP Principle to not just discourage speculators, but to encourage loyal investors to stay around. Though Safemoon has been new in the cryptocurrency world it is gaining popularity. Still it is not available in any exchange platforms, so it is hard to buy it anywhere. Digital marketing is also being used to spread the word around for Safemoon. The cryptocurrency shows a lot of promise and in the future investors will be glad they invested in Safemoon.
