Scam Accounts | pSafeMoon Cutoff | Community Content: Images - Thoughts | 4 Lessons From a CEO in Decentralized Finance | Blockchain Education: Stablecoins | Blockchain News: Can Stablecoins Revolutionize Foreign Aid? The UN Thinks So. - Japan Set to Ease 30% Crypto Tax on Paper Profits for Token Issuers | SafeMoon Stats | SafeMoon Partners: DxSale - EverGrow - Empire Token - Mirror Protocol | Reminders
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pSafeMoon Cutoff
We are just one day away from the pSafeMoon cutoff date!!
The dApp will be live on December 19 at 11 AM EST. Use the OFFICIAL LINK on SafeMoon.com once it goes live.
Have the tokens in the wallet you want to use for Migration
Don't transfer after the cutoff date/time ⚠️
Migrate tokens using the dApp from our official SafeMoon.com link once it's live
Have a small amount of ETH for gas fees
Tokens acquired in wallets after the cutoff date/time won't be eligible
dApp will be live on December 19th, at 11 AM EST
Community Content
Images
Spencer
Thoughts
"It costs $0 to be polite on social media." - Vico
Food For Thought
"We make the world a better place by being who we actually are and allowing other people to be who they actually are."
"Don't chase. Become what you want to attract. Let life force energy flow freely through you while you enjoy the process. You are already abundant. Remember. All is well."
- Lukas Notes
Shared by SafemoonEve
"No one understands your struggle but you. If you view life through a lense, no one else can see it. It’s okay to open up and talk about your feelings. The most hardest thing to do is to take your barriers down. I believe in you."
- Koorah
"Keep the promises you make to yourself and see your growth."
4 Lessons From a CEO in Decentralized Finance
by SafeMoon Partner BBTF's CEO, Don Bailey
"My journey in DeFi began first as a participant, then a team member for various projects, and finally a CEO. The order in which this journey occurred became more strategic as I understood what I wanted out of my future. In just over 100 days of building out the vision, I was able to identify some key takeaways that will benefit any person interested in starting their own DeFi project."
To read the lessons Don has learned along the way, check out the full article at Benzinga!
Blockchain Education: Stablecoins
Global energy shortages, cycles of hoarding, closing business and declining purchasing power can be traced back to poor monetary policy. For decades now, we spent more than we had and promised more than we could deliver. And now it looks like Friedman was right — you can’t increase the money supply without increasing inflation. Individuals and nations are struggling to break out of this spiraling cycle — and even leveraging the threat of war to avoid it. This series will explore how we got here and what blockchain stablecoins need to provide a better reserve currency and a more stable world.
Check out this four part educational series about stablecoins that covers what's broken, what people are doing about it, what is the right way forward and what the future will look like!
Blockchain News
Can Stablecoins Revolutionize Foreign Aid? The UN Thinks So.
If only stablecoins had been around in the late aughts.
The likes of USDC and USDT would have provided a viable — and, potentially, game-changing — alternative for cash aid disbursements in Iraq and Afghanistan following the US’ invasion of both Middle Eastern countries, according to the chief investment officer of a crypto hedge fund firm who served in the US Army from 2008 to 2015.
They weren’t on the market, of course. A cumulative trillions of dollars of aid from countries around the world largely came in the form of fiat. Billions — $8 billion in US reconstruction funding alone, by one estimate — were embezzled, squandered. Poof.
Envelopes of cash were disbursed to villagers in the morning, and al-Qaida and the Taliban came by to claim it at night after the westerners left.
The UN’s move this week to render humanitarian aid payments to displaced Ukrainian refugees via USDC through its affiliate, UNHCR, provides a blueprint for what could have been different. And the end results of the program could have massive implications for how government actors and NGOs alike act as a safety net for society’s most vulnerable, industry participants told Blockworks.
Nico Cordeiro, Strix Leviathan’s chief investment officer, said it was “very difficult” for US soldiers to drop off aid payments in Iraq then. The UN’s latest USDC maneuver — which is being carried out via the non-custodial Vibrant wallet, which runs on the Stellar blockchain — is “quite the pivotal step,” he said, adding that the UN has become the “largest global entity to legitimize the use case.” [Source: BlockWorks]
Japan Set to Ease 30% Crypto Tax on Paper Profits for Token Issuers
The Japanese government is set to ease tax requirements for local crypto firms, as it pushes to stimulate growth in the domestic finance and tech sectors.
At present, Japanese firms that issue crypto are required to pay a set 30% corporate tax rate on their holdings, even if they haven’t realized a profit through a sale. As such, a number of domestically founded crypto/blockchain firms and talent have reportedly chosen to set up shop elsewhere over the past few years.
Japan’s ruling party, the Liberal Democratic Party’s (LDP) tax committee held a meeting on Dec. 15 and approved a proposal — initially tabled in August — which removes the requirement for crypto companies to pay taxes on paper gains from tokens that they have issued and held.
The softer crypto tax rules are expected to be submitted to parliament in January, and go into effect for Japan’s next financial year starting on April 1. [Source: Cointelegraph]
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DxSale
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