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SafeMoon Lowdown (December 2nd, 2022)

Updated: Dec 3, 2022




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SafeMoon Swap: Shido LP | Community Content: Thoughts - Images | Food for Thought | Blockchain News: DeFi Protocol Ankr Exploited for Over $5M - Web3 Antivirus: Putting an End to the Crypto Scam Era - Italy to Impose 26% Capital Gains Tax on Crypto Profits | SafeMoon Stats | SafeMoon Partners: Block Busters Tech - Cryft - Shido Finance - Glow Token - Mirror Protocol - Rare FND - EverGrow | Reminders


SafeMoon Swap: Shido LP

SafeMoon community member SafemoonJer asked Director of Sales and Partnerships Hayden Wing,

"Hey @SafeMoonWing, what’s going on with putting LP back into the #safemoon wallet for #shido? #ShidoFinance? That going to get done today or what ?"


Hayden replied,

"Hey @deathbcomesu, Thanks for checking in! The Shido team answered it perfectly, we are trying to connect all our team together to see where the issue lies. Once we are able to connect on Discord we will place our focus there. @ShidoFinance has killing it so they’ve been busy🔥"


He added,

"All in all we will get this taken care of💪"


Community Content

Thoughts

"Because it's never enough, a massive shout out to the amazing #SAFEMOONARMY for enduring through times like this and to remind everyone else what a tight community we are!


@CptHodl building heavily behind the scenes! #SAFEMOON


Can't wait for the future..."

- Paulo Miranda


Images

"It's been a while, missed old posts like this"

u/IanTabz

Food For Thought

"Just because it's taking time, doesn't mean it's not happening."

- SafeMoon Syko


"Seeing your own improvement is one of the best feelings."

- Wealth Director


"The capacity to learn is a gift. The ability to learn is a skill. The willingness to learn is a choice. You don't know everything, so never stop learning, because life never stops teaching 😉 As always, #BeKind 💙"

- Holly


Blockchain News

DeFi Protocol Ankr Exploited for Over $5M

DeFi protocol Ankr, which called itself the first ‘node-as-a-service’ platform, has suffered a multi-million dollar exploit due to a bug in its code that allowed for unlimited minting of its token.


According to security research firm PeckShield, the code behind the Ankr contract allows any user to mint an unlimited amount of the protocol’s reward-bearing staking tokens without any sort of verification. This allowed the attacker to mint six quadrillion of the aBNBc token. [Source: CoinDesk]


Web3 Antivirus: Putting an End to the Crypto Scam Era

While Web3 is a landscape of endless opportunities, any prosperous field attracts its fair share of fraudsters. Smart contract and website forgery, malicious airdrops, phishing, compromised social media accounts and spamming are just a few of the dangers one might face. In Web3, it takes just one click to lose everything you own.


Alarmingly, more than $1.6 billion in crypto has gone missing in 2022 due to huge exploits in DeFi, far more than the heists of 2020 and 2021.


The Web3 Antivirus team decided that these situations shouldn’t have happened in the first place. On Dec. 1, 2022, it announced the launch of its top-notch solution aimed at keeping users’ assets safe.


Web3 Antivirus is a free open-source Chrome extension that empowers users to navigate and transact safely in Web3 with zero setup. It leverages both the capabilities of proprietary security audit frameworks and a base of millions of websites within blocklists and allowlists that it draws data from.


The tool currently works with Ethereum, while Binance and Solana support is on the way.


W3A will never require users to provide access to their wallet, assets or seed phrase, which makes it a truly reliable and trustworthy companion. [Source: CoinTelegraph]


Italy to Impose 26% Capital Gains Tax on Crypto Profits

Italy is planning to tighten regulations on digital currencies in 2023 by expanding its tax laws to include cryptocurrency trading, according to budget documentation released on Dec. 1.


Included in its 2023 budget are plans to impose a 26% levy on profits larger than 2,000 euros ( $2,062) made on cryptocurrency trading, according to Bloomberg. Historically, digital currencies have had lower tax rates because they have been considered “foreign currency.”


If the proposed bill is signed into law, taxpayers will have the option to declare the value of their digital asset holdings as of Jan. 1 and pay a 14% tax. This is intended to incentivize Italians to declare their digital assets on their tax returns.


According to Tripe A data, 2.3% of the Italian population, which equates to about roughly 1.3 million people, own crypto assets. By July 2022, it was estimated that about 57% of crypto users were male, while 43% of users were female, with most of its users belonging to the 28–38 age group. [Source: CoinTelegraph]


SafeMoon Stats


Have you voted today?

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SafeMoon Partners

Block Busters Tech

"What an amazing day. #BlockbustersTech new Utah HQ. So much gratitude for all of our holders who believe in and understand the vision/mission of #BBTF We are building a company you can believe in."

- Troy Smothers

BBTF CCO


Cryft

"📡#SafeMoonArmy and #Cryftopians Contract 370 is one small step for #Cryft, but also a giant leap for #Crypto.


Soon you will be #gifting any #token on any #tokenswap at any value.


WEN #BlueChip


Ladies and Gents... Contract 370" BSC Scan

- Cryft


Shido Finance

"Watch the latest Shido AMA at Nordic Whales! Much appreciated event with a great questions. Shido CEO going in depth on Utility, Decentralization and the future of Shido. Credit to @Nordic_Whales for hosting.


Watch full version on Shido Youtube Channel."

- Shido


"Wow! Shido Coin limited edition NFT of 444pcs sold out in just a few hours yesterday. The strength of Shido Community is impressive, we are very humbled. Big day for Shido! Massive bombs about to drop 🔥"

- Shido


Glow Token

"💝#Glownation our Glow December Charity Vote is up!


👉glowtoken.net/charity


Take a few moments to change lives around this holiday season!🎄🕎🕯️


@PicYouthDE @IASPinfo @Sightsavers chemobagsofhope.org thechildrenarewaiting.org"

- Glow Token


Yesterday Glow made a poll asking,

"After speaking with the development team, we will have to switch our #2 flex of BNB due to high cost distribution. What would you like to see in place of BNB?"


Today they posted the results:

"With 511 votes, XRP is the winner! Implementing Binance Pegged XRP into the Flex 1 spot. Add the contract address to your wallet. 0x1d2f0da169ceb9fc7b3144628db156f3f6c60dbe Website will be updated shortly."


"Thank you to our entire #GlowNation community for casting a vote and making a difference! We're proud to present the November Glow Charity donation of $1,477 to Amy Findley in support of her thyroid cancer treatment. 🙏We wish you a safe surgery and a full recovery!"

- Glow Token


Mirror Protocol

Mirror Protocol moderator Bert hosted a Twitter Space where the community could hear from the MProtocol team! Click the image below to listen in.


Rare FND

"Rare city is becoming a reality in @themetapolis! Sneak peak #1 🔥"

- Rare FND


EverGrow

"In the last 21 days $EGC has burned about 2.7 Trillion tokens from the supply! Considering that was $12,500 per day bought and burned. Imagine the possibilities of higher revenue. Let's make history! Burn Baby Burn!"

- EverGrow


Are you interested in becoming a Token Partner?

To apply, simply visit SafeMoon.com/apply.


Partner Information:

For more information on all our partners, visit SafeMoon's Partner Portal.

 

Reminders


MoonCast #57 Transcript

Did you miss the latest MoonCast with discussions around SafeMoon Orbital Shield??? The transcript is finished thanks to our awesome transcription team! You can view the transcript along with the video by clicking here.

 

SafeMoon Partner Stories: MetaMerce

About:

MetaMerce Token resides on the Ethereum blockchain. It is an ERC-20 deflationary token aiming to revolutionize the secondary goods industry. By partnering with the nation’s largest retailers and utilizing reverse logistics program(s), MetaMerce will become a global distributor within a trillion dollar market. Step into the future of shopping, MetaMerce Market, a virtual reality e-commerce platform within the Metaverse sector.


 

SafeMoon Pulse

SafeMoon's Monthly Pulse Article and video are live! If you haven't checked them out yet you can view both the article and video by clicking the image below.
⇙October 2022 Monthly Overview ⇘

 

Tokenomics Supervisor

SafeMoon announced that with the recent SafeMoon SWaP updates came a new patent pending feature that solves the existing Defi inconsistent fee paradigm for tokens on multiple Decentralized Exchanges.