NotSafeMoon: A Secure Protocol Fixing Moon Coin Flaws
The NotSafeMoon whitepaper was released by the NotSafeMoon core team on May 6, 2021, aiming to deeply analyze the contract vulnerabilities and liquidity issues of early “Moon Coin” projects (such as SafeMoon), and to address their inherent flaws by rewriting the contract and introducing improved mechanisms, providing users with a safer, more transparent decentralized finance (DeFi) experience.
The theme of the NotSafeMoon whitepaper is “Building a secure, transparent, and sustainable deflationary token ecosystem.” NotSafeMoon’s uniqueness lies in its “ground-up rewrite” contract design, introducing an 8% transaction tax (2% burn, 6% holder rewards) and a balanced liquidity pool mechanism; additionally, it offers an advanced analytics dashboard to help users monitor the liquidity pools and potential price drops of other BEP-20 tokens. The significance of NotSafeMoon is that, by addressing the common liquidity imbalance and contract vulnerability issues of traditional “Moon Coin” projects, it provides a more stable and transparent deflationary token model for the DeFi space, and enhances users’ insight into market dynamics.
NotSafeMoon’s original intention is to create a truly secure and transparent decentralized asset that continuously generates value for holders through its tokenomics and analysis tools. The core idea presented in the NotSafeMoon whitepaper is: by combining an “improved deflationary tokenomics model” with “enhanced market analysis tools,” it is possible to strike a balance between stable token value growth and user asset security, thereby achieving a self-correcting, risk-resistant digital asset ecosystem.
NotSafeMoon whitepaper summary
What is NotSafeMoon
Friends, imagine the cars we drive every day—some might have design flaws that make them less enjoyable to use. In the blockchain world, there are also projects called “Moon Coins” that, due to certain design issues, can cause trouble for participants. The NotSafeMoon project is like a team of engineers giving these “problem cars” a thorough overhaul, aiming to create a safer, more transparent, and more reliable “new model.”
Simply put, NotSafeMoon is a cryptocurrency project built on the Binance Smart Chain (BSC). It’s not just a token, but a solution dedicated to fixing the inherent flaws of similar projects—especially those named after the “moon.” Its core features include: automatically rewarding holders and burning a portion of tokens with every transaction, as well as providing a unique tool to help users better analyze and understand other “Moon Coin” projects.
Project Vision and Value Proposition
NotSafeMoon’s vision is to establish a fairer and more transparent trading environment in the “Wild West” of cryptocurrency. By improving the existing “Moon Coin” model, it aims to address common issues such as:
- Liquidity imbalance: Many projects damage token value by mishandling liquidity additions—like a pool with uneven inflow and outflow, causing the water level to tilt. NotSafeMoon avoids this with a balanced liquidity pool mechanism.
- Developer hoarding of LP tokens: Some project developers hold large amounts of liquidity provider (LP) tokens, giving them the power to withdraw liquidity at any time and cause major price shocks. NotSafeMoon promises not to hoard LP tokens.
- Lack of true burn mechanism: Some projects claim to burn tokens but don’t actually remove them from circulation. NotSafeMoon implements “true burn.”
NotSafeMoon’s value proposition is that it not only offers an improved token, but also a set of analysis tools to help users identify potential risks in other “Moon Coins”—like giving investors a “risk detector.”
Technical Features
The technical core of NotSafeMoon lies in its smart contract design, running on Binance Smart Chain, which means relatively fast transactions and low fees.
Transaction Tax Mechanism
Every time NotSafeMoon tokens are bought or sold, an 8% transaction tax is charged. The smart contract automatically allocates this tax:
- 6% rewards to holders (Reflection): This portion is distributed proportionally to all NotSafeMoon holders. This means that as long as you hold tokens, your balance will automatically grow with network transaction volume, even if you don’t trade—like earning interest in a bank.
- 2% permanent burn (True Burn): This portion is sent to an unusable address, permanently removing it from circulation. It’s like taking some currency out of the market and destroying it, theoretically increasing the scarcity of the remaining tokens.
Balanced Liquidity Pool
NotSafeMoon’s contract is designed to solve the common “liquidity imbalance” issue in other “Moon Coins.” It ensures that when adding liquidity, NotSafeMoon tokens and paired tokens (such as BNB) are contributed to the pool in balanced value, preventing sharp price swings from liquidity operations.
“Moon Coin” Analysis Dashboard
This is a unique feature: NotSafeMoon provides holders with an analysis dashboard. You can connect your crypto wallet to view your balances and advanced analytics for other “Moon Coins” in real time. It can even predict potential price drops in other tokens, acting as an early warning system.
Price Prediction Twitter Bot (byrdeBot)
NotSafeMoon has also developed a Twitter bot that pulls real-time data directly from the blockchain and can accurately predict when certain “Moon Coins” might experience price drops due to liquidity imbalance.
Tokenomics
Basic Token Information
- Token symbol: NOTSAFEMOON
- Issuing chain: Binance Smart Chain (BEP-20 standard)
- Total supply: 1 quadrillion tokens
- Initial burn: 140 trillion tokens were burned at project launch.
Inflation/Burn Mechanism
NotSafeMoon is a deflationary token. With every transaction, 2% of tokens are permanently burned, meaning the total circulating supply decreases over time.
Token Utility
The main uses of NotSafeMoon tokens include:
- Holder rewards: By holding tokens, you receive a 6% reflection reward from every transaction.
- Access to advanced features: Holding a certain amount of NotSafeMoon tokens unlocks more advanced features in the analysis dashboard, providing deeper market insights and alerts.
Token Distribution and Unlocking
NotSafeMoon’s reward mechanism is designed to only reward token holders, not liquidity pools or burn addresses, ensuring fairness in distribution.
Team, Governance, and Funding
Team
The NotSafeMoon project was launched by a California-based team on May 6, 2021. They promise high transparency, have renounced contract ownership, and have publicly disclosed the developers’ identities.
Governance
Since the project team has renounced contract ownership, the smart contract cannot be modified once deployed, increasing decentralization. However, details about specific community governance mechanisms (such as voting systems) are not specified in the available information.
Funding
Details about the project’s funding sources and operational runway are not disclosed in public materials. Typically, such projects support development through initial token sales or developer reserves.
Roadmap
Since its launch on May 6, 2021, NotSafeMoon has achieved several key milestones:
- May 2021: Official project launch.
- Released: “Moon Coin” technical analysis report, providing in-depth analysis of other “Moon Coins’” internal flaws.
- Released: “Moon Coin” analysis dashboard (Beta), offering advanced analytics for holders.
- Released: Price prediction Twitter bot (byrdeBot) for real-time monitoring and alerts.
Future plans include:
- Exchange listing: Plans to list on public trading platforms that properly support its tokenomics (reflection and burn mechanisms).
- Dashboard feature expansion: Ongoing development and enhancement of the “Moon Coin” analysis dashboard, adding more advanced analytics.
Common Risk Reminders
Investing in any cryptocurrency project carries risks, and NotSafeMoon is no exception. Here are some common risk reminders:
- Technical and security risks: Although the project claims improved smart contracts, any contract may have unknown vulnerabilities. Binance Smart Chain itself may face network attacks or congestion.
- Economic risks:
- High slippage: NotSafeMoon transactions require at least 8% slippage, with 9%-10% recommended. High slippage means you may trade at a worse price than expected, increasing transaction costs.
- Market volatility: Crypto markets are highly volatile; token prices can rise or fall sharply in a short time.
- Liquidity risk: Although the project aims for balanced liquidity, large trades may still face insufficient liquidity if trading volume is low.
- Dependency: The project’s success partly depends on the usefulness of its analysis tools and ongoing market interest in “Moon Coin” projects.
- Compliance and operational risks: Global crypto regulations are constantly evolving, and future policies may impact project operations. Long-term development also depends on continued team commitment and community activity.
Remember, the above information does not constitute investment advice. Always conduct thorough personal research and risk assessment before making any investment decisions.
Verification Checklist
- Block explorer contract address: You can view NotSafeMoon’s contract details on Binance Smart Chain explorer (BSCScan). Contract address:
0x337e35ed5b38d5c7ec9f8d7cf78fe7f43d7dec6f.
- GitHub activity: Public information does not specify NotSafeMoon’s GitHub repository or code activity. Users are advised to search and evaluate independently.
- Official website: https://notsafemoon.com/
- Whitepaper: https://notsafemoon.com/public/docs/whitepaper/whitepaper.html
- Technical analysis report: https://notsafemoon.com/public/docs/MoonCoinsTA.pdf
Project Summary
NotSafeMoon is a cryptocurrency designed to improve and optimize the inherent flaws of “Moon Coin” projects. Through its unique transaction tax mechanism (6% reflection rewards and 2% burn), it incentivizes holders and reduces token supply, while offering innovative analysis tools (such as the “Moon Coin” analysis dashboard and byrdeBot) to help users better understand and navigate the crypto market. The project team promises transparency and has renounced contract ownership, which increases decentralization and security to some extent.
Overall, NotSafeMoon seeks to build a more sustainable and user-friendly ecosystem in the “Moon Coin” niche through technical innovation and transparency. However, like all crypto projects, it faces market volatility, technical risks, and regulatory uncertainty. For anyone interested, it is strongly recommended to review its whitepaper, technical analysis report, and official materials, and conduct independent research and risk assessment based on your own situation. Remember, this is not investment advice—cryptocurrency investment carries risks, so proceed with caution.