Flash Development Update [2023/46] - Safe Haven

Flash Development Update [2023/46]

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Posted on Friday 17 November 2023 at 18:21 Project Updates

This week we’ve witnessed a significant leap in mainstream adoption for Bitcoin.

Ferrari, a name synonymous with luxury and innovation, has stepped into the crypto arena by accepting Bitcoin payments.

This isn’t just about a high-end brand embracing digital currency, it’s a signal that the tide is turning for crypto acceptance in the broader market. Ferrari’s adoption could not only boost consumer confidence and crypto value but also influence regulatory frameworks.

As global brands like Ferrari begin to embrace the potential of cryptocurrencies, it echoes the values we hold dear at Safe Haven. We believe in the power of self-managed data and assets.

With our suite of products like Inheriti®, Comet and SafeSwap, we’re at the forefront of empowering users with secure and user-friendly ways to navigate Web3. Ferrari’s move is aligning with our belief that the future of finance is in blockchain technology and self-sovereignty.

Meanwhile, Elon Musk’s journey with crypto continues to evolve. After initially accepting Bitcoin for Tesla purchases and then retracting due to environmental concerns, there’s anticipation around Tesla’s re-acceptance of Bitcoin, pending more sustainable energy use in Bitcoin mining. Musk’s continued support for Dogecoin and potential plans to integrate crypto into social media through X (formerly Twitter) demonstrate the fluid and dynamic nature of this space.

We are excited to be a part of this transformative era, providing the tools and platforms that resonate with this new digital financial landscape. As the world watches brands like Ferrari and influential figures like Elon Musk navigate crypto, we at Safe Haven are gearing up to ensure our community is well-prepared for what lies ahead.

So, let’s delve into this week’s updates and see how we are preparing for the future 👇

Staking Program for 2024

We are thrilled to announce the continuation of our SHA Staking Program into 2024, with the same favorable conditions that our community values. This program is all about flexibility and rewarding our SHA holders in a way that aligns with their diverse needs. It’s structured as a soft, fixed stake-based initiative, offering the freedom to add or remove tokens whenever you choose.

This approach ensures that you’re in control, allowing for adaptable investment strategies to suit your personal financial goals.

Each month commences with a five (5) day loading period, with the remainder of each calendar month set as the main staking period itself. APRs will be based on a full monthly staking. Hence, any community member who stakes SHA will be provided with staking returns based on the full calendar month, regardless of how many days remain to the end of the month following the initial 5-day loading period.

Open to both node and non-node holders, the program invites everyone to participate. This inclusive, rewarding structure makes our staking program an excellent way for you to see your SHA tokens grow.

Learn more at https://safehaven.io/sha/staking/

Safe Haven’s Integration of Optimism in SafeSwap, and The Next Steps

We recently made headlines on Yahoo Finance for integrating Optimism into SafeSwap, a move that’s generating excitement both within and outside our community.

Click here to read the article on Yahoo Finance »

But that’s just the beginning.

Our next steps in marketing this integration are all about making a splash in the Optimism ecosystem. We’re positioning ourselves in the builders portal, applying for marketing support from OP and seeking a spot on Demonstration Day to showcase SafeSwap’s capabilities to OP builders.

The goal is to boost our visibility among the OP community through targeted media exposure, including tweets and articles. We’re also lining up AMA sessions to engage directly with the community and answer any burning questions.

Plus, we’re offering free listings for three projects on SafeSwap! If you know of any projects that might be interested, let us know!

On the “Optimism” development front, we’re also excited to remind you that we will bring Inheriti® 2.0 to the OP Mainnet soon after launching it, supported by our second Optimism Builders Grant.

It’s an exciting time for Safe Haven as we expand our reach and capabilities within the Optimism ecosystem.

Comet 2.0.1

The new and improved Comet 2.0.1 is now live in the Google Chrome Store.

This minor update is part of our ongoing commitment to refining your user experience. For those who have already installed Comet, the wallet will automatically update the next time you launch Google Chrome.

You can find the changelog and all the latest details in the Comet wallet documentation at https://docs.cometwallet.io

We highly recommend checking out the docs, even if you’re familiar with Comet. They offer valuable insights and tips, ensuring you’re making the most out of your wallet.

Growing Availability of SHA

We’re excited to share that the availability of SHA tokens is growing across both centralized exchanges (CEXes) and decentralized exchanges (DEXes), including on the BNB chain.

Our website now features an updated list of trading pairs and exchanges where you can buy SHA tokens, offering a comprehensive view of your options.

Find all trading pairs at: https://safehaven.io/sha/buy-sha/

On the VeChain blockchain, you can trade SHA for VET for example, while on platforms like KuCoin, SHA is available for trading against popular pairs like BTC and USDT.

Moreover, the inclusion of SHA on the BNB Chain opens up trading possibilities with BNB, USDT, BUSD, and USDC, among others. This broad spectrum of trading pairs across different blockchains underscores our efforts to make SHA a versatile and easily accessible multichain token.

Whether you prefer the autonomy of DEXes or the convenience of CEXes, there’s a trading option that suits your needs.

Enhancing Liquidity for SHA Across Multiple Chains

As SHA becomes increasingly available across various chains, an essential aspect of our growth strategy is to bolster the liquidity on these platforms. This is where you, our community, can play a pivotal role.

By becoming a Liquidity Provider (LP) on decentralized exchanges like PancakeSwap on the BNB Chain or Vexchange on VeChain, you can contribute significantly to the SHA ecosystem. LPs are crucial in maintaining healthy trading environments, ensuring that transactions are swift and efficient.

Becoming an LP isn’t just about supporting SHA, it’s also an opportunity for you to reap rewards.

LPs provide their crypto assets to liquidity pools and, in return, earn rewards based on the trading fees collected in the pool. It’s a symbiotic relationship where your contribution to the pool’s health directly benefits you.

However, this is not financial advise and it’s important to approach liquidity providing with caution and knowledge. While it can be rewarding, it also comes with risks, such as impermanent loss. We encourage only those with experience in liquidity providing to participate, ensuring you’re fully aware of both the potential benefits and the risks involved.

Safe Haven in 2024 and Beyond

As we near the end of 2023, it’s a time for us to reflect and look ahead.

Last year, we shared our journey, achievements and a roadmap for the future, focusing on bridging the gap between our technology and its practical utility for users: https://safehaven.io/2023-roadmap/

With this year coming to a close, we’re preparing to release a new article that will recap the year, assess our progress against the roadmap and discuss what lies ahead for us in 2024 and beyond.

This forthcoming article is more than just a review of the past year, it’s a narrative of our growth, challenges and progress. An updated roadmap for 2024 is in the works, carefully crafted to align with our long-term goals.

It will reflect our dedication to innovation, security and empowering our users. We’re excited to share this comprehensive update with you, outlining our vision and inviting you to join us on this exciting journey into the future of Safe Haven.

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Conclusion

As we close out this week at Safe Haven, it’s a great time to look back at the strides we’ve made and to anticipate the exciting developments on the horizon. The integration of Optimism into SafeSwap marks a significant advancement, broadening the ways you can interact with SHA tokens across multiple chains.

This enhancement is just one of the ways we’re committed to evolving to a multichain ecosystem.

Our efforts in expanding SHA’s availability and enhancing the user experience with Comet 2.0 are some other crucial steps towards making our ecosystem more accessible and user-friendly. Same goes for the encouragement for our community to participate as Liquidity Providers, fostering a robust and supportive ecosystem and community.

With these updates well underway, our focus is now shifting back to the continued development of Inheriti® 2.0. We’re deeply committed to providing secure legacy planning and data protection, and this next phase of development is crucial in fulfilling that promise.

We are here to ensure that managing your digital assets is not just easy, but also secure. So, a big thank you to everyone who’s been actively participating and helping us enhance our community and ecosystem.

We’ll be back with more updates next week, continuing our mission to innovate and improve.

Until then, stay safe, and have a wonderful weekend, SHAman! 🔮🧙‍♂️

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