Insufficient number of tokens developed by the development team or rejection of ownership by the team. Neither of these characteristics can be a good sign. Having a small number of team-held tokens will prevent exit scams or rug pulls. Regardless of the reasons, these projects are not a good investment. Read on to learn more about these projects and more! We’ve also compiled some tips for investing in unruggable projects.
TDOX FINANCE introduces the first 100% safe and unruggable meme token on a polygon chain
Polygon is a highly volatile, unregulated investment product with many uses. While it is not an exchange, it can be bought and sold on eToro. Users can deposit funds from as little as $10 with several deposit methods. Once you’ve deposited your funds, you can search for Polygon or MATIC and click on “Trade.”
Meshswap is a revitalized version of KLAYswap, which was the first AMM on the Klaytn network. The project is developed by Ozys, a leading South Korean blockchain technology development company. It reached a TVL of $2.1B in 6 months, and processed trades worth more than $50 million daily. The company plans to launch Meshswap on the Polygon network.
While Polygon is still a relatively new cryptocurrency, it has an impressive market cap and is listed among the top 25 cryptocurrencies. The Polygon chain has a limited supply, but investors should still consider buying and selling. Prices of the meme token haven’t sustained rallies this year, and if they do, you should keep your funds aside. If you’re unsure, it’s better to hold onto your cash than invest in the currency itself.
MATIC can be purchased on popular cryptocurrency exchanges. All you need to do is set up an account, and look for MATIC. After that, you can stake MATIC on the Polygon chain for interest. To buy MATIC, the easiest way is via the Exodus multi coin wallet. Alternatively, you can use wrapped Ethereum to buy MATIC.
SAFEMARS is an unruggable yield and liquidity generation protocol
SAFEMARS is an autonomous yield and liquidity generation protocol with plans to reward token holders and increase liquidity. It launched on the Binance Smart Chain on Mar. 13 in 2021. The team behind the project consists of three developers and five marketers. Their primary goal is to make the SAFEMARS platform as secure as possible for the entire blockchain community.
This is achieved through various measures.
SAFEMARS is an autonomous yield generation protocol that has an unruggable price floor. It provides a secure and locked liquidity pool and distributes the rewards to its holders on a regular basis. The SAFEMARS protocol has a mechanism that burns LP Tokens on a regular basis, making the process transparent and traceable. It also allows for the safe and secure allocation of LP Tokens and liquidity.
The SAFEMARS protocol automatically distributes rewards to holders and auto-locks liquidity forever. The network charges a 4% fee for all transactions, of which 2% is delivered to holders. The transaction fee is then used to reward holders with SAFEMARS. The SAFEMARS protocol will continue to distribute rewards to its holders and create liquidity for the Pancakeswap community.
BABYDOGEINU is unruggable
The 3% fee collected from each transaction on the BABYDOGEINU platform will be converted into BNB/BABYDOGEINU LP Tokens. In this way, the BABYDOGEINU tokens will permanently raise the price floor and effectively reduce the circulating supply. The tokens will also be unruggable and locked until the year 2050. Additionally, there is no minting function or single holder that can mint new tokens.