Safe Doge Project Review – $SAFEDOGE Presale(ILO) on Unicrypt

You find detailed analysis and review about Safe Doge $SAFEDOGE in this article. It contains team, tokenomics and technical evaluations.

They describe themselves:

SAFEDOGE is a Frictionless Yield Generation DEFI protocol on Binance Smart Chain. 

Token Info

Project name: Safe Doge

Ticker/Symbol: SAFEDOGE

Contract address: 0x7b5beB86af822125762bd0E9eb0Df3154ffbF640

Token type: BEP-20

Total supply: 1.000.000.000.000.000 SAFEDOGE

Launchpad: Unicrypt Network(PancakeswapV2)


Disclaimer

Presales have some risks. Please DYOR (do your own research)


tokenomics
Liquidity Lock Rate60% BNB raised liquidity lock
time: 11 months
ParticipationNot private
Softcap100 BNB
Hardcap2000 BNB
Min-Max Spend per Accountmax 4 BNB
Presale price50.000.000.000 SAFEDOGE / per BNB
Listing price50.000.000.000 SAFEDOGE / per BNB
Audit(By Solidity Finance)
KYC
Startapprox: Wed 9 Jun 16:40 UTC
Endapprox: Mon 14 Jun 16:39 UTC

Check locked tokens

Check burned tokens

SAFEDOGE’s links:

It is good

  • 11 months liquidity lock duration
  • Audit by Solidity Finance, check report
    • No mint functions
    • No issues were found. 
  • From Audit Report: (note: Transaction fee is 10%. 20% of transaction fee will be sent “Dog-Lover Wallet”)
    • The owner of the contract has the ability to reassign the address that is routed to this “Dog-Lover Wallet” at any time.
    • The owner has the ability to include and exclude addresses from fees and rewards.
    • The owner has the ability to enable and disable fees entirely.

It is not good

  • No KYC
  • Team holds huge part of total supply. (locked and unlocked 43.8% 😨)

About the team

  • Anonymous

From White Paper

According to web site and official social accounts:

-“SAFEDOGE” is a Frictionless Yield generation token-

Features of SAFEDOGE:

  • Transaction fee is 10%:
    • 4% distributed to holders
    • 3% added to liquidity
    • 2% Dog-lovers fee
    • 1% burn forever
  • Deflationary: Because part of each transaction fee will be burned.

Note: Slippage rate must higher than 10%, when swap SAFEDOGE.


SAFEDOGE is another dog meme token. Token distribution is more important for meme tokens.

Let’s take a closer look at $SAFEDOGE Tokenomics:

I do not intend to examine it in detail. It’s enough for us if we just examine the amount of tokens the team is holding.

The team has allocated only 10% of the total supply of tokens for sale. Hardcap 2000 BNB. that is, 10% of the token is valued at 2000 BNB.

Team holds 15.9% of total supply, unlocked. Locked amount is 28%. In total the team has 43% of total supply, which is an incredible rate. Team holds more than 4 times what it sells.

SAFEDOGE team holds 15.9% of total supply, unlocked. Locked amount is 28%. In total the team has 43% of total supply, which is an incredible rate. Team holds more than 4 times what it sells.

Locked tokens also have very short lock times. Even if we do not take into account the locked tokens, the team has 15.9% of the unlocked tokens.

I think there are 2 possibilities for the project owners who make this tokenomics:

  1. They are very inexperienced and their math is not good 😂
  2. They are malicious. They can do soft or hard rug pulls.

Presale ended.

2000 BNB collected. hit hardcap.

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