SafeMoon

SafeMoon V2 (SFM) is a cryptocurrency launched in 2021 that operates on the Solana blockchain. Tagged across major data aggregators within both the Solana Ecosystem and Meme categories, the asset also carries an Alleged SEC Securities designation from CoinGecko. Its identity remains inseparable from a contentious legal and corporate lineage.

The token’s primary on-chain function distills to an automatic liquidity generation protocol paired with static farming rewards. A reflexive transaction tax slices every transfer, forcibly injecting a portion of the taxed value into the token’s liquidity pool while redistributing the remainder proportionately to every holder. It solves nothing utilitarian; the friction it targets is the manual labor of yield farming, replacing active participation with frictionless, code-governed accumulation.

The token contract resides at the Solana address ELPrcU7qRV3DUz8AP6siTE7GkR3gkkBvGmgBRiLnC19Y. SafeMoon V2 operates on the Solana network, a high-throughput layer-1 that settles finality in under a second, which eliminates the gas bottlenecks that once plagued the asset’s BNB Chain predecessor. This migration to Solana coincides with a post-bankruptcy revival attempt.

Conforming to the SPL token standard, the asset’s open-source logic is visible on GitHub where it has accumulated 660 stars. The contract itself embeds a custom transfer hook that enforces the tax-and-liquidity flow natively, with no external keeper network required. Token balances recalculate with every swap or motion, automatically triggering the liquidity injection into an on-chain pairing with SOL.

The original SafeMoon LLC was formed in March 2021 by anonymous developers. Braden John Karony later assumed the CEO role after a viral price surge saw the initial BNB Chain token spike 23,225% in five weeks, propelled by celebrity endorsements from Nick Carter and Logan Paul. The company soon imploded under class-action lawsuits, a liquidity pool theft, and federal securities fraud charges. Following a Chapter 7 bankruptcy filing in December 2023, the VGX Foundation acquired what remained, and the token re-emerged on Solana as SafeMoon V2.

The project’s long-range narrative, despite its litany of legal derailments, anchored itself to a deflationary yield thesis. Every sale was designed to be punitive, every hold to be silently rewarded. That reflexive supply shock mechanism, where circulating tokens constantly redistributed themselves away from sellers, was pitched as a path to permanently scarce, self-amplifying value without the need for staking epochs or lending pools.

Code mechanics split the 10% transfer fee into two equal paths. Five percent flows directly to all wallets holding SFM, an instantaneous dividend resembling a mathematical mirror—officially termed static reflection. The remaining five percent converts into a liquid pair on the token’s primary decentralized exchange, permanently inflating the depth of the order book and elevating the capital required to move prices. No governance module intercepts this sequence.

An address that acquires and holds SFM begins accumulating additional tokens with every transaction occurring across the network, directly proportionate to its supply share. This happens without locking, voting, or delegating; the balance simply ticks upward with each trade. Liquidity providers indirectly benefit from the auto-liquidity half, which deepens the pool and reduces slippage for all swapping parties.

SafeMoon V2 has a maximum supply of 1,000,000,000,000 tokens. Currently, 614,007,140,465.79 are in circulation. With a market capitalization of $1,990,813.00, SafeMoon V2 ranks #2,329 among all cryptocurrencies.