The Safemoon V2 scam!
This is not a “migration”.
In short, you are selling your V1 tokens with an officially recognised value, for V2 that has no value “yet”.
You can purchase V2 with other tokens like bnb from Safemoon swap, this is a problem!
Lets say we have only 1,000 Safemoon V1 tokens and want to migrate all tokens to V2 with a 1,000 v1 = 1 v2 ratio, this will mean that only 1 V2 Token can be created. But if another party is able to purchase even a small portion of the new V2 token with another token other than the V1, then there wouldn’t be enough tokens for V1 to migrate “fairly”. (If you don’t get the maths, go back to high school)
Safemoon should be responsible for the migration. Don’t leave your investors out to dry!
“SafeMoon Protocol is a decentralized finance (DeFi) token.” This is how Coin Market Cap describes SFM.
How in the hell does it make sense for peoples V1 tokens to be worthless if they don’t switch to V2 ?!?! This can’t be correct😱 what if people aren’t active on Twitter? @safemoon
— SafeMoon Christine 🌑💞 (@ChristineSFM) December 14, 2021
“What if I invest based only on technical analysis and don’t pay attention to social media?”
Wrote another twitter user.
How safe and decentralized exactly is Safemoon?
From the failed promises to the release of half baked products, Safemoon is a shitcoin that decided to go “legit”. You can try to paint the shit gold, but its still shit.
Now, let me go see if i can buy some V2.
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