What is Sabt coin (what is Safu coin)

What is Sabt coin (what is Safu coin)

What is Sabt coin? According to official sources, Sabt coin is a digital currency whose main purpose is to provide infrastructure for the decentralized financial field. It differs from Bitcoin in its consensus algorithms and protocols, where no central issuer or any intermediary can manipulate or change their operation, and there is no need for third-party participation to maintain transaction records on the blockchain, so data on the chain cannot be modified. Therefore, users can transfer their assets to Sabt tokens through smart contracts outside the chain What currency is safu? SAFU is a decentralized lending agreement where users can earn interest income by depositing assets on the platform. Through saFu mining, the saFu governance token SUSHI (SASHIMI) can be obtained According to the project white paper, the total value of the 10 billion SUSHI tokens currently issued is $800 million. Among them, the funds locked in smart contracts exceeded $500 million, accounting for 65%. At the same time, liquidity mining and pledge mining will be launched, once a week. Each pool can allocate 10000 tokens as rewards to early participants and future holders, and distribute them to the founding team, strategic investors, and consultants.

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