We have been hearing about Safuu for quite some time and it has made itself known to crypto markets. A newcomer has stepped into an ongoing war on the crypto battlefield.
But the main question is whether Safuu’s high staking rewards are enough to keep investors engaged.
This article is going to address this very issue and provide you with an overview of its price prediction and its tokenomics.
So let us get started.
Safuu’s take on tokenomics
You must be wondering what is the term “tokenomics” and how does it help me?
Let me explain.
The basic principle of tokenomics is to balance the user’s rewards with token stability. This process is made up of four functions that result in a 14% fee for buyers and a 16% fee for sellers.
5% of every transaction goes towards the Safuu insurance fund (SIF), which is the reason for rewards and price stability. A separate wallet is required for SIF which distributes 0.02355% of the rewards to holders every 15 minutes. In order to eliminate the possibility of any risk of a flash crash or any other instability Safuu is managing this fund.
If for any unforeseen circumstances there is a crash, then the Safuu treasury will provide support for its token- 2.5% of every Safuu purchase and 4.5% of every sale will go towards its treasury. Another reason is to fund new products and services for its ecosystem so that it helps the community to expand and provide more value to its token.
Finally, built into the principles of tokenomics is an automatic liquidity provider. It is funded by a 4% fee for every transaction. Half of this fund goes towards buying BNB, while the other half is used for providing Safuu its liquidity. An equal weightage is given to Safuu and BNB through this.
Safuu predicts its price
As this token is pretty new to the crypto world, there aren’t many experts making predictions for Safuu. But there are a few who have made a forecast and expect a very strong future for the DeFi token.
According to my predictions, Safuu will continue to soar in the sky at a rapid rate. As Safuu’s price for the year 2022 was $33.67 in the month of August and $31.29 in December, it is expected to reach an average of $45.99 in the year 2025. On Safuu’s website, its price prediction for the year 2030 is at a whopping $105.55. I think the token will continue to grow in the following year to reach a roaring value of $119.19.
But nothing is marked in stone and all of us just have to wait and see Safuu’s rise.
Safuu is a Defi protocol that is set to outpace Bitcoin by paying regular compound interest to all Safuu token holders of up to 382,945.41% each and every year with a 100% guarantee of execution. There aren't many guarantees in this world especially when it comes to financing but with Safuu it actually is.