Hello Binance Square community! I'm really excited to talk about SafeBSC ($SAFEBSC), a memecoin on the BNB Chain with a burning mechanism that is different from the others.
Most memecoin burn tokens only burn when trading volume is high or manually by developers – when the market is quiet, burns stop, and supply doesn’t decrease.
But SafeBSC has an innovative approach:
5% tax per transaction, divided into 1% for development/marketing, the remaining 4% goes to the protocol treasury.
This treasury is invested in stable yields like USDT on Binance Earn, plus part of it is DCA into BTC.
The yield from this is used for daily buybacks & burns of SafeBSC tokens. This means that burns occur regularly every day, even during low volume! This creates a perpetual deflationary supply, increasing the price floor organically.
I've seen the latest updates from the team; their burns are consistent, USDT reserves are quite good, and BTC accumulation serves as a long-term hedge. This is not just a typical pump and dump, but a self-sustaining model.
Compared to other memes like PEPE or SHIB, which rely on hype for their burns, SafeBSC is more mature.
The potential for long-term holders is great, especially on the BNB Chain where fees are low.
If you are looking for a meme project with real utility in tokenomics, check out CA: 0xf8f88599E638b1f992989b5C86a84d7a87b25D80.
