Safetrip Whitepaper
- What is Safetrip?
- Why is Safetrip safe?
- Why is Safetrip special?
- Transaction burn
- Deposit tax
- Lottery
- Single Asset Staking
Safe Trip is a deflationary BSC based crypto farm where we aim to take investors on a safe trip to the moon, the goal of every defi investor.
How will we do this?
- Why is Safetrip safe?
For starters our migrator is removed and our farming contract is timelocked from launch, and of course the lp tokens will be locked for 3 Months.
2. Why is Safetrip special?
Safetrip is a pancake fork (nothing new there) that uses a groundbreaking code called ‘Global Decay’ which rebases the TRIP supply by 3% daily affecting all locations ie. All wallets and the liquidity pool, encouraging farming and discouraging hodling and trading, it is a Deflationary code that when triggered daily prevents the supply from growing to infinity while being able to eternally mint rewards and maintain a stable APY.
3. Transaction burn
A 4% transaction burn on each token transfer further contributes to deflating the supply.
4. Deposit tax
A 4% deposit fee on non TRIP pools: every time an investor stakes his LP tokens on the Asteroid Farm on non-TRIP pools a 4% tax is applied which is used partly to buy back and burn TRIP and partly to fund the amazing additions to the protocol we are working on such as Deflationary games.
6. Lottery
A deflationary lottery that burns staked TRIP: When users go to play in the lottery the tokens they send there are burned, further deflating the supply and strengthening the TRIP price
7. Single asset pool -
Safetrips single asset pools are called BUS pools a place where you can travel from one token to another and stake it to get TRIP tokens
We happily welcome you to our community and hope you have a safe trip to the moon!
