What is Safegem Finance

Article Summary, Automatically Generated By AI

About Safegem Summary

  • Safegem is a high-yield generation protocol with continuous permanent burn.
  • 100% community-owned and operated BSC token.
  • 6% of each transaction is redistributed to GEMS holders, 5% is burned.
  • As of June 2022, over 78% of all GEMS have been burned.
  • Launched NFT marketplace in December 2021.
  • Offers physical gemstone authentication and certification using ERC-721 standard.
  • Numbers: 6%, 5%, 78%, 2021, 2022

About Safegem: Empowering a Secure and Transparent Cryptocurrency Ecosystem

A Resilient and Unwavering Community

Safegem is a pioneering, frictionless protocol that converges high-yield generation with perpetual token burning, fostering a unified community across the vast expanse of the cryptocurrency landscape, underpinned by unwavering professionalism and transparency.

Safegem distinguishes itself from other projects by being a 100% community-owned and operated BSC token, a truly decentralized endeavor. The project is spearheaded by a team of dedicated professionals who volunteer their expertise, united by a shared vision for innovative NFT authentication and a passion for both cryptocurrency and precious gemstones.

Safegem boasts a dual-function high-yield generation protocol, which is triggered with each transaction. This mechanism entails the redistribution of 6% of the transaction value to all GEMS holders, while 5% is permanently removed from circulation. As of June 2022, a staggering 78% of all GEMS have been permanently eliminated from the ecosystem.

In December 2021, Safegem unveiled its NFT marketplace,

https://safegemstore.com

, showcasing an exquisite array of premium NFT artwork and coveted collectibles. The following year, Safegem expanded its offerings to include physical gemstone authentication and certification, leveraging the ERC-721 non-fungible token standard on the Binance Smart Chain.

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