# S-CRO Holdings LLC
#### Welcome to S-CRO, S-CRO is a community-driven project that aims to bridge the gap between convenience and security in DeFi. The S-CRO Token powers the SafeSend DApp, our decentralized escrow solution, and will be instrumental in supporting future innovation.
"S-CRO" is derived from "escrow," a secure type o f transaction where two parties agree to have a third party hold the funds until the terms of the transaction are fulfilled.\
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The "S" in S-CRO stands for Security, Simplicity, and Sustainability, principles that are ingrained in everything we do.\
Our primary utility, "SafeSend," is inspired by traditional escrow, and works similarly to escrow in many ways. The key difference is that our service is 100% decentralized.\
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SafeSend is offered as a turnkey solution for remittance, simple payments, scheduled salaries, sending tokens as a gift, and transferring SCRO tokens without tax.\
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The S-CRO token powers our primary utility and fuels the development of more utilities. It has a balanced tax structure that enables the project to succeed in crypto's highly competitive environment. Tax is applied to each transaction including buys, sells, and transfers. Holders can use the SafeSend DApp to transfer S-CRO tokens to another wallet without tax.\
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Safe Send also lets you specify a holding period during which the recipient won't be allowed to withdraw the tokens to their wallet. While in Time Lock, the tokens are held safely in the contract, and only the sender is allowed to take any action. The sender may opt to release the tokens to the recipient before the Time Lock elapses. The sender may also opt to cancel the transaction at any time before the tokens are claimed by the recipient, which will result in a Recall.\
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When you send tokens via SafeSend, they remain in the contract until it is claimed by the recipient. At any\
time, as long as the tokens have not yet been claimed by the recipient, the sender can cancel the transaction, and all the tokens will be returned to the sender.\
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These features offer great protection when sending tokens to someone who is expecting to receive funds via SafeSend. If you accidentally sent tokens to the wrong address, you will be able to get your tokens back. Time Lock and Recall make SafeSend the better way to send tokens.\
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SafeSend also lets you associate a short nickname to your public address also known as a "Wallet Alias". Public addresses are long and impossible to memorize, but with SafeSend you can give your wallet an alias that's easy to remember. The alias is accepted by the DApp as a valid recipient, allowing you to receive tokens just by providing it to the sender. This feature is expected in July of 2022.\
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When a public address or alias is pasted on the recipient field, SafeSend automatically looks up the associated profile in the database and displays the information to the sender so they can visually verify that they're sending to the right person. This is an opt-in feature that is expected tp be released in July 2022.\
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S-CRO's main use cases are remittance, simple payments, scheduling salaries, sending tokens as a gift and sending S-CRO tokens without incurring any tax.\
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When you invest in S-CRO you are investing in technology that brings crypto a step closer to mass-adoption.S-CRO aims to develop more utilities in the future, and go beyond the premise of our initial utility. As a blockchain-based project, our strength is in innovation and creating new solutions for the web3 era. Our entire team and community volunteers are committed to upholding our core principles of security, simplicity, and sustainability as we continue to build and expand. With passion, dedication, and hard work, we believe we can create something amazing that will inspire and enrich many lives.
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