As the DeFi sector continues to heat up, SafeMoon is one of the projects that have caught the eye of the crypto community. The project aims to provide a “frictionless” experience for users who want to get involved in DeFi.
One of the key selling points of SafeMoon is that it is built on the Binance Smart Chain (BSC), which offers much lower transaction fees than Ethereum. This is important because, as the DeFi sector continues to grow, transaction fees on Ethereum are becoming increasingly expensive.
SafeMoon also has a unique governance model that incentivizes users to hold the token for long periods of time. The longer you hold SafeMoon, the more voting power you have in the governance process.
This is designed to create a community that is committed to the long-term success of the project.
So far, SafeMoon has been very successful, with its token price increasing by over 1000% since it launched in March 2021. This has led to speculation that the project could soon be listed on major exchanges like Coinbase.
However, there is no guarantee that this will happen. While SafeMoon has a lot of potential, it still has a long way to go before it is ready for a listing on a major exchange like Coinbase.