What is SHA?
SHA is a cryptocurrency. It is a limited digital asset (token) that you can use on the internet – similar to Bitcoin (BTC) or Ethereum (ETH) – but instead of acting as a pure form of payment, SHA drives utility in the Safe Haven ecosystem.
In addition to gaining access to Safe Haven’s products and services, SHA can also be used in locking or staking mechanisms.
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When evaluated by a competent party in correlation with the U.S. Supreme Court’s decision within SEC v. W.J. Howey Co., the SHA token does not meet the pillars of the “Howey Test” — the test that designates assets as a security. Furthermore, solid arguments can be made by a competent party in relation to such.
The SHA token is a VIP-180 token on the VeChainThor blockchain which allows us to make use of the improved performance that VeChain offers.
Customers and clients also benefit indirectly from the additional protocols (e.g. Multi-Party Payment ‘MPP’ protocol) offered by VeChain as well as the extremely low transaction costs when signing digital smart-contracts.
Safe Haven Smart Contract Audit: Read audit
SHA VeChain Token Contract
SHA Polygon Token Contract:
SHA Binance Smart Chain Token Contract:
SHA Ethereum Token Contract:
How is the SHA token being used?
The SHA token is integral to the Safe Haven Platform and all of its products and services. In every solution Safe Haven is building, SHA will have a purpose. As all Safe Haven products require SHA as an element of utility, we anticipate higher demand as adoption of our products increases.
Fuel for smart contract creation, execution, and transactions.
Reward systems for contributing to the Safe Haven Platform.
Staking in Safe Nodes to contribute to the Governance Model.
Locking mechanisms for access to Safe Haven solutions.
Burning mechanisms for product fees.