As a seasoned analyst with over two decades of experience in the tech industry, I’ve witnessed the rise and fall of countless projects, and I must admit, I’m quite intrigued by the announcement from GoPlus regarding their SafeToken Protocol.
Singapore, Singapore, October 29th, 2024, Chainwire
The security-focused Web3 platform, GoPlus, unveiled the debut of SafeToken Procedure – a system designed for the release of memecoins. SafeToken empowers external parties to create compliant memecoins through a standardized, open-source smart contract.
Using SafeToken Protocol, developers can access a rich collection of secure smart contract templates, ideal for streamlining the process of issuing tokens. This open-source, permissionless framework is supported by numerous platforms such as DEX aggregators and Web3 wallets, making it easy to integrate into the ecosystem for safer and more uniform token launches across multiple blockchain networks.
As an analyst, I’d rephrase it like this: The SafeToken Protocol, a tool I’ve designed, is geared towards minimizing risks such as contract backdoors. It comes equipped with the SafeToken Locker, a sophisticated liquidity management system. This feature offers lower fees and flexible lock durations, enabling projects to secure their liquidity while simultaneously earning rewards. This versatile solution caters to a wide range of business requirements for token issuers.
Using SafeToken Locker, GoPlus tackles an essential issue of affordable liquidity management by being compatible with leading decentralized exchanges and offering a versatile, intuitive method for managing liquidity locking and earning rewards.
Eskil Tsu, Co-Founder of GoPlus, stated that the SafeToken Protocol was developed with the aim of establishing a higher standard in token security, all while tackling real-world business requirements like liquidity management. We’re thrilled to introduce this protocol and contribute to creating a more secure Web3 environment for everyone.
Using an EVM-compatible design, the SafeToken Protocol offers a strong approach for secure token release, empowering projects to optimize both efficiency and user security. It sets a new bar for safety in token issuance by facilitating quick and secure asset launches. To learn more about GoPlus’ SafeToken Protocol, please visit https://gopluslabs.io/safe-token-protocol.
About GoPlus Security
GoPlus is a company dedicated to enhancing the security of Web3 users and safeguarding the entire Web3 ecosystem. We’ve built a versatile collection of security solutions designed for prominent wallets, decentralized exchanges (DEXes), DeFi platforms, public blockchains, and launchpads. Our mission is encapsulated in our slogan: “Secure every transaction you make.” This year, we introduced an intuitive consumer product that has already gained the trust of more than 12 million wallet users, providing them with the means to secure their daily transactions.
Official Website | GoPlus Twitter
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2024-10-29 13:08