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SAFEX PROTOCOL



The Unofficial Community Guide to Safex



SAFEX OVERVIEW





Founded: 2015
Safex Blockchain Released: 2018
Revolutionizing E-commerce: Now



THE SAFEX
FOUNDATION





The Safex Foundation is a nonprofit entity created to connect the world through cryptocurrency and blockchain technological innovations and to educate the public and institutions about mining, blockchain consensus, wallet management, cryptocurrency commerce, community inclusion and outreach.


SAFEX.ORG

SAFEX WALLET
AND MARKETPLACE





The World Marketplace, Inc., dba SafeX Market, is a company formed to commercialize the Safex Blockchain.


Through the company's Safex Marketplace application, users can access their Safex Wallets and shop on the Safex Marketplace.


SAFEX.MARKET

THE XCALIBRA EXCHANGE





Xcalibra is a cryptocurrency exchange developed by the core Safex team as a home for trading of the Safex Token and Safex Cash.


Xcalibra features: 100% of funds in multi-sig cold storage, automated backups, DDoS mitigation, IP security & access restrictions, and 2FA.


XCALIBRA.COM



THE SAFEX BLOCKCHAIN



Decentralized, open-sourced, free trade on a privacy blockchain utilizing a revolutionary two-coin system.



Privacy Blockchain



The Safex Blockchain, released in 2018, is a decentralized, open-source blockchain that works as a platform for hosting a catalog of product listings.


Privacy is ensured through the use of ring signatures and one-time addresses.



E-Commerce Engine



Through the Safex protocol, developers can implement the blockchain's marketplace and arbitration functionality into their own apps, linking their existing projects to the Safex Blockchain.



The Safex Marketplace



The "official" marketplace app developed by The World Marketplace, Inc., which serves as the "poster child" example for how the Safex Blockchain can be used.


Access your coins, stake your Safex Tokens, and shop on the marketplace, all in one spot.



Revenue Sharing



Through an innovative revenue sharing system, 5% of the volume that is traded over the protocol in Safex Cash is distributed to those who have their Safex Tokens staked.





SAFEX CASH



Safex Cash (SFX) is the currency and exclusive medium of exchange on the Safex Blockchain. Built on the cryptonote architecture, users can trade freely around the globe.



Proof of Work





SFX relies on proof-of-work mining to achieve distributed consensus, with block times of approximately two minutes. The RandomSFX mining algorithm is deliberately suited for CPU mining on everyday computer hardware.



Fair Emission Curve





The emission curve of SFX is modeled to match the anticipated adoption rate of the technology (diffusion of innovation theory).


A total of one billion SFX will be emitted over the 20-year period of the curve. SFX is divisible to 10 decimal places.



Transaction Fees





SFX is used to pay transaction fees for marketplace activity including listing products, editing merchant profiles and maintaining price oracles.


A minimal amount of SFX is also used as the "gas" for Safex Token transactions.





WRAPPED SAFEX CASH



Wrapped Safex Cash is your bridge between the Safex Blockchain and the Binance Smart Chain, enabling seamless access for cryptocurrency users worldwide to access a global marketplace on the blockchain.



Compatability



View and access your Wrapped Safex Cash on commonly used decentralized cryptocurrency wallets including the Trust Wallet and exchanges include PancakeSwap!



Liquidity Pools



Add your Wrapped Safex Cash to a liquidity pool and earn a yield!



Bridge to the Safex Market



Easily swap your Wrapped Safex Cash for SFX on Xcalibra and start shopping on the Safex Market!







SAFEX TOKEN



Safex Token (SFT)is the utility token on the Safex Blochain that is used to create accounts. SFT is also a store of value, and holders are also eligible to participate in revenue sharing through the staking of their SFT.



Account Creation



While an account isn't required to make a purchase as a guest, users who wish to create an account or a storefront must lock in 1,000 SFT for approximately 30 days, upon which time the SFT are returned to the user.



Revenue Sharing



SFT holders who stake their SFT are entitled to 5% of the SFX volume transacted on the Safex protocol.


A minimum of 25,000 SFT are required to stake.



Limited Supply



All 1,885,974,016 SFT that will exist, exist, which means that your potential revenue share will never be diluted.


SFT is not divisible into smaller units.





SAFEX COMMUNITY LINKS



Check out the official Safex Forum for any questions, comments, suggestions or to read the latest development updates.


Visit the
Safex Forum

Join the Safex Panda community Discord channel.


New users are subject to a 12 hour waiting period before being able to see the full list of channels.


Join the
Safex Discord

Join the community-managed 'Safex The World Marketplace TWM'

Telegram channel and take part of the discussion..




Visit the
Safex Telegram

Search for active listings, view merchant accounts, track transaction volume, and much more, on Safex Ninja.


Visit
Safex Ninja

View all products listed on the Safex Blockchain, with filters to limit the results, as well as the ability to view all active merchant accounts.


Visit Safex
Offers

Learn how to assemble the components, install the operating system, and start mining Safex Cash.


Learn to
Mine Safex Cash

Selling goods & services on the Safex Blockchain? Use SAFEX.PICS to easily host your images online and refer to them from your offers on the marketplace.


Visit Safex.Pics

Enter your expectations for e-commerce volume through the Safex protocol, and calculate how much SFX you would generate annually on your staked SFT.


Use the
SFT Calculator

Safexprotocol.com is a community-developed site and is not affiliated with the safex foundation, the world marketplace, inc., or any other safex entity, teammember, or developer. This site was created for information purposes only, and nothing on this site should be construed as financial or investment advice. we will never ask you for donations, your wallet address, or for any contact information.
You can contact us at admin@safexprotocol.com