We do not want someone to hoard all of the tokens, which is why a wallet’s size limit is critical. Additionally, we don’t want someone to execute a large sell transaction, resulting in a dramatic drop in the token price.
Therefore, at launch, the max transaction is set to 0.5% and the max wallet to 1% of the total supply. It will be increased once the price has stabilized.
The smart contract has a transfer delay feature which essentially makes sure snipers don’t buy too much, too early. The contract also has an enableTrade function which will allow us to add the liquidity safely.
2% of every sell transaction will be burned which will result in a constant decrease of the total supply making the token deflationary.
We increased the sell tax by 4% for the first hour after launch to discourage dumping.
The Secure Asset Fund for Users (SAFU) smart contract has been developed by Sir Tris of KnightsDefi (@Sir_Tris), a very well-known Solidity developer in the crypto space.