Singapore, Singapore, October 29th, 2024, Chainwire
Web3 user security platform GoPlus has announced the launch of SafeToken Protocol, a token issuance protocol for memecoins. SafeToken enables any third party to issue a compliant memecoin using a standardized, permissionless smart contract.
As an open-source and permissionless framework, SafeToken Protocol offers a comprehensive library of secure smart contract templates, accessible to developers seeking a streamlined token issuance solution. Already supported by various platforms, including DEX aggregators and Web3 wallets, the protocol enables seamless integration for a safer and more standardized ecosystem for token launches across multiple blockchain networks.
Designed to mitigate risks such as contract backdoors, SafeToken Protocol also includes SafeToken Locker, an advanced liquidity management tool offering reduced fees and flexible lock durations. This empowers projects to lock liquidity while earning rewards, catering to diverse business needs for token issuers.
With SafeToken Locker, GoPlus addresses a critical need for low-cost liquidity management, providing compatibility with major decentralized exchanges and a flexible, user-friendly approach to liquidity locking and rewards.
GoPlus Co-Founder Eskil Tsu said: “SafeToken Protocol was created to set a new benchmark in token security while addressing practical business needs, such as liquidity management. We’re proud to bring this protocol to market and to support the development of a safer Web3 for all users.”
With its EVM-compatible design, SafeToken Protocol provides a robust solution for secure token issuance, allowing projects to maximize both efficiency and user safety. It establishes a new security standard in token issuance by enabling projects to launch assets swiftly and securely. For more information on GoPlus SafeToken Protocol, visit https://gopluslabs.io/safe-token-protocol.
About GoPlus Security
GoPlus is a Web3 user security company committed to ensuring the safety of the Web3 ecosystem. We have developed a comprehensive suite of security infrastructure tailored to major wallets, DEXes, DeFi protocols, public blockchains, and launchpads. Guided by our motto, “Protect your every transaction,” we launched an easy-to-use consumer product this year that has already attracted over 12 million wallets, empowering users to secure their daily transactions.
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Source: https://blockchainreporter.net/goplus-launches-safetoken-protocol-for-secure-memecoin-deployment/