How does safemoon work?

In an attempt to remove the bursting liquidity bubble that comes with seemingly every new DeFi token nowadays, safemoon rewards holders with every transaction, based on trading volume. More specifically, every transaction comes with a 10% tax. 5% of that goes toward liquidity, and the other 5% is distributed to all safemoon holders.

Is safemoon a multi-level marketing scheme?

"Some experts have compared SafeMoon to a multi-level marketing scheme, designed to only get certain players rich. Furthermore, I think that it's definitely alarming that it was reported that the SafeMoon CEO owns more than 50% of the liquidity," Moore says.

What's wrong with moonsafe?

“One of the main issues with the whole project is that while users are lead to believe that the Liquidity Provider tokens (essentially the receipt for having provided liquidity) are in fact locked and inaccessible from the founders, the exact opposite happens.” MoonSafe gains since its inception hit 11,500% at its peak.

What are the inconsistencies in safemoon's whitepaper review?

A whitepaper review highlights several inconsistencies, such as vague statements on the lock and burn process and other red flags, including a roadmap that doesn’t go beyond 2021. “SafeMoon was advertised as “anti-rugpull” and as having its liquidity locked for 4 years…