> For the complete documentation index, see [llms.txt](https://singularity9.gitbook.io/singularity/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://singularity9.gitbook.io/singularity/singularity-protocol.md).

# Singularity Protocol

The **Singularity** Protocol is a Decentralized Finance (DeFi) token deployed on the **Binance Smart Chain** (BSC). Singularity employs two novel features in its protocol; static rewards for each user as well as an LP acquisition mechanism.

The static reward (also known as reflection) and LP acquisition mechanisms function as follows: Each transaction is taxed two 5% fees totalling 10% of the transaction amount

The first fee is redistributed to all existing holders using a form of rebasing mechanism whilst the other 5% is accumulated to internally until a sufficient amount of capital has been amassed to perform a LP acquisition. When this number is reached, the total tokens accumulated are split with half being converted to BNB and the total being supplied to the PancakeSwap contract as liquidity.

The Singularity Protocol is an enhanced fork of Safemoon smart contract including some of the correction proposed by Certik audit report released on May 3rd, 2021.

**Just after the launch, 10% of the total supply burnt and sent it to a black hole address:**

{% embed url="<https://bscscan.com/tx/0x94a17d216a56dcd3ff94c4855fec41b4dbd0edd65c38974609c8ec595b5d6df7>" %}


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