🔥The Fire Pit

Fire Pit

6.5% of all $SAFUU traded are burnt in The Fire Pit. The more that is traded, the more get put into the fire causing the fire pit to grow in size, larger and larger, reducing the circulating supply and keeping the Safuu protocol stable.

In addition, as per the redirection of funds, the SIF now receives 7.5% of buy trading fees and 9.5% of sell trading fees. 100% of these taxes collected by the SIF will be regularly used to buyback Safuu at market prices and then immediately burnt into the Fire Pit.

The benefit to an everlasting burn of circulating supply is that due to the deflationary nature of it, equates to a higher value of each $SAFUU token, therefore increasing the individual value.

The Fire Pit Address: 0xaA32C984AfDfa6B95e88B8aB7faBfa65De89b98C

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