CRITICAL ANALYSIS OF A SUPERB AUTO COMPOUNDING PLATFORM: AN ASTAKE APPROACH.

in #blockchain2 years ago

INTRODUCTION.

IMG_20220410_120248.jpg

If you abreast with my blog you would decipher that I only review superb projects with overwhelming benefits. The blockchain world has so grown that only highly superb projects are appreciated and celebrated. On amplification of this maxim I present to you ASTAKE which is a highly reputable project with multifarious benefits.

ASTAKE EXPLAINED.

ASTAKE is a decentralized financial asset that uses the AAP protocol that rewards users with a sustainable, fixed-interest model. The Auto-Staking Protocol (AAP) is a revolutionary financial protocol that makes staking easier and more efficient while providing $ASTAKE token holders with the most consistent profits in the crypto world.

KEY FEATURES OF ASTAKE

Highest APY.
Fees.
AUTOM. BURN.
Mark out.
Insurance.
Liquidity blocked.
Highest APY

ASTAKE claims Astake has the highest average ever seen on the market. They give you 614,917.56% for a period of one year. Not only that, they will give us our Apy reward every 10 minutes. Because it will be a decentralized auto-compounding system that will generate a value of 0.0166% and send it to our address every 10 minutes.

Trading Fees

Their fee system is a little different, meaning when we buy a token we have to pay fees and when we sell our token we have to pay fees. According to them, they charge us 8% when we buy tokens and then 10% when we sell our tokens. And these fees are not transferred to the team wallet; Instead, they charge these fees, and due to the decentralized mechanism, the fee amount is pegged to these features, so users benefit more and the price becomes more stable.

ASTAKE BUY/SELL FEES

BUY: 8%.
SELL: 10%.
BUY/SELL FEES Utilities

Buy Fees

Auto HP: 3%.
ASTAKE Insurance Fund (AIF): 3%.
Treasury: 1%.
Burn: 1%.
Selling Fees

Auto HP: 3%.
AIF: 3%.
Treasury: 3%.
Burn: 1%.
AUTOM. BURN

There is only one firing mechanism. And according to the team, this is an automatic firing mechanism. Let me explain that on other platforms the team only decides when to burn the token. But in Astake, the team has no control over the firing because they don't have a plan. You put it on the blockchain and the token is burned when a trade is completed. That is, when we make a trade, whether it is a buy or a sell, the decentralization mechanism automatically burns 1% of the trade amount. So this is how the auto burn mechanism works.

Mark out

There is no manual betting system. The staking system is automatic. It's also like an owner reward, but the team claims it's auto-staking as well. For example, if we buy any amount of tokens and hold them for 10 minutes, we get our auto-calculated Apy amount as an interest rate worth 0.0166%.

Insurance

Insurance known as Astake Insurance Fund (AIF). This system contributes to price stability. Although there is a high Apy, it means there will be panic sellers so results may be lower than expected. In order to protect users from this price, this price stability AIF is used.

Liquidity blocked

Astake announced its suspended liquidity period. We know that liquidity is much more important for executing a trade. If a project has no liquidity, there is no price stability. Astake is pinklocked from its liquidity via the Unicrypt network for 15 years. And that will help us to get the best possible trading experience and stabilize the price.

How Does Astake Protocol Work?

IMG_20220410_120226.jpg

The AAP Auto-Stake highlight is a basic yet state of the art work called Buy-Hold-Earn, that gives a definitive convenience for $ASTAKE holders. Purchase Hold-Earn — By basically purchasing and holding $ASTAKE token in your wallet, you procure rebase prizes as revenue installments straightforwardly into your wallet. Your tokens will expand like clockwork.

Utilizing a Positive Rebase recipe, ASTAKE makes it workable for token dispersion to be paid straightforwardly corresponding to the age rebase rewards, worth 0.0166% like clockwork age time of the aggregate sum of $ASTAKE tokens held in your wallet. The rebase rewards are appropriated on each EBASE (10 moment rebase period) to all $ASTAKE holders. This intends that without moving their tokens from their wallet, ASTAKE holders get a yearly self multiplying dividends of 614,917.56% for Year 1.

Safe

$ASTAKE is working with our review accomplices to get inspected straightaway. $ASTAKE is likewise protected, on the grounds that the group is completely commited to the life span of the undertaking. Liquidity will be locked for a considerable length of time, and that implies that the task will be resistant to mat, very much like every other person

Earn

All you really want to do to get automated revenue from $ASTAKE is to buy it. $ASTAKE is an auto-marking, auto-intensifying protocol, and that implies you get rebases just by holding $ASTAKE.

Key To Success

  • ASTAKE Token

$ASTAKE is the local symbolic which interest rebase rewards are paid. Each symbolic holder consequently gets 0.0166% interest like clockwork only for holding $ASTAKE tokens in their own wallet!

  • Auto-Liquidity Engine

Auto-Liquidity Engine (AALE) will be performed naturally following 24 hours. For each trade exchange, an expense charge of 3% is put away in the Auto-LP wallet, then, at that point, consequently adds half to the liquidity and the excess half will purchase BNB at the present market cost to adjust the Pool.

  • Auto-Compounding

Cryptographic money’s most elevated Auto-Staking and Auto-Compounding protocol with industry’s biggest fixed APY of 614,917.56%. Premium prizes are gathered at regular intervals for each BSC wallet holding any $ASTAKE tokens.

  • The Treasury

The depository capacities as extra monetary help for the AIF. This extra help can become significant in case of an outrageous value drop of the $ASTAKE token or unanticipated dark swan occasion. It assists with laying out a story an incentive for the $ASTAKE token.

  • Protection Fund

AIF is the abbreviation for the ASTAKE Insurance Fund which is a different wallet in ASTAKE’s AAP framework. The AIF utilizes a calculation that backs the Rebase Rewards and is upheld by a part of the trade exchanging charges that accumulate the AIF wallet.

  • Fire Pit

1% of all $ASTAKE exchanged are singed in the Fire Pit. The more that is exchanged, the more get placed into the fire causing the fire pit to fill in size, increasingly large through unavoidable Auto-Compounding, diminishing the coursing supply and keeping the ASTAKE protocol stable.

Tokenomics Astake

Starting Supply : 300,000

Max Supply : 3,000,000

Accessible to Purchase on PinkSale Pre-Launch : 172,104 $ASTAKE

Tokens for Liquidity : 91,215 $ASTAKE

Token Breakdown : 91,215 will be utilized for PancakeSwap to match 51% liquidity and staying 36,681 will be utilized for showcasing inc:

Abundance Campaign (25,000), Airdrop (5000), Community Giveaways (6,681).

Link Purchase Fair Launch : https://www.pinksale.finance/#/launchpad/0x0CE5371ABCa4Eec7DfDbA1D3F07992f06544c079?chain=BSC

IMG_20220410_120317.jpg

CONCLUSION.

Over the years it's crystal clear that a project with Indefatigable attributes as ASTAKE HAS NOT EMERGED. I've studied it's road map, whitepaper and team and deciphered that this project will bloom hollistically.

Learn More:

Website : https://astake.finance/

Whitepaper : https://wp.astake.finance/

Telegram : https://t.me/astake_finance

Twitter : https://twitter.com/astake_finance

Discord : https://discord.com/invite/vpCQr4cQEV

Reddit : https://www.reddit.com/r/ASTAKE_FINANCE/

Writer By

BTT username: Ajoro

BTT url: https://bitcointalk.org/index.php?action=profile;u=2517500;sa=summary

BSC wallet: 0xd34bb9D0b0d3F8d935c42CAeB6461F7F768deFae

Coin Marketplace

STEEM 0.19
TRX 0.14
JST 0.029
BTC 66930.79
ETH 3268.09
USDT 1.00
SBD 2.64