Astake.Finance – Launches DeFi's First Auto-Staking Fixed APY

in #blockchain2 years ago

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INTRODUCTION

ASTAKE is a DeFi development company that creates the next generation of products and services. Their Astake Auto-Staking Protocol (AAP) is the basis for a series of DeFi 2.0 projects that start with $ASTAKE tokens that are automatically staked and pooled in your wallet, and offer the industry's best 614,917.56% APY. Astake develops projects, products and protocols that deliver industry-leading benefits to its utility token holders $ASTAKE. DeFi has caused a stir among the brightest of investors, with most agreeing that it has offered some of the richest opportunities in a revolution of some sort and that the cryptocurrency has made more millionaires over the past decade than has ever been seen before. So far DeFi shows help in being the easiest and agreed-upon way to make your money work for you in an environment where cryptocurrency holders can lock or stake their tokens and receive high interest rates that most find unattainable. The tools that DeFi companies use to generate these high returns are financial algorithms and token staking strategies called protocols that comprise Smart Contracts.

Defi 1.0 introduced several versions of this protocol which have attracted billions of dollars in capital, and went on to build many top performing crypto brands. The DeFi 2.0 protocol promises token holders a greater level of simplicity and security, and increased fixed returns from staking.

Astake developers have introduced the Astake Autostaking Protocol (AAP), a DeFi 2.0 protocol that provides a decentralized financial asset that rewards users with a sustainable, compound interest model through the use of its unique proprietary protocol.

Astake Autostaking Protocol (AAP) – APY Remains Highest

AAP provides token holders with simplicity, security and consistently high returns of 614,917.56% APY of their stake. It is used in the $ASTAKE token, giving it these industry benefits:

  • Low Risk – Insurance Fund (AIF)
    3% of all trading fees are held in the ASTAKE Insurance Fund which helps to maintain and support wagering rewards by maintaining price stability and greatly reducing downside risk.

  • Treasury
    The Ministry of Finance plays a very important role in the AAP Astake protocol. It provides three functions that are critical to ASTAKE's growth and sustainability.

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How does it work?

  • Buy
    Buy $ASTAKE using the SWAP protocol on the BSC Pancakeswap exchange or similar trading platform.

  • Hold
    Hold $ASTAKE in your wallet, AAP protocol will provide token with rebase mechanism every 10 minutes.

  • Produce
    Hold $ASTAKE for a long time with the highest payouts in the crypto market. You will get tremendous profit after 1 year.

"ASTAKE holders benefit from a unique hybrid staking protocol, where interest is paid every 10 minutes".

Key To Success

  • ASTAKE Token
    $ASTAKE is the native token which interest rebase rewards are paid. Every token holder automatically receives 0.0166% interest every 10 minutes just for holding $ASTAKE tokens in their own wallet!

  • Auto-Compounding
    Cryptocurrency's highest Auto-Staking and Auto-Compounding protocol with industry's largest fixed APY of 614,917.56%. Interest rewards are accrued every 10 minutes for each BSC wallet holding any $ASTAKE tokens.

  • Insurance Fund
    AIF is the acronym for the ASTAKE Insurance Fund which is a separate wallet in ASTAKE's AAP system. The AIF uses an algorithm that backs the Rebase Rewards and is supported by a portion of the buy and sell trading fees that accrue in the AIF wallet.

  • Auto-Liquidity Engine
    Auto-Liquidity Engine (AALE) will be performed automatically after 24 hours. For each buy or sell transaction, a tax fee of 3% is stored in the Auto-LP wallet, then automatically adds 50% to the liquidity and the remaining 50% will buy BNB at the current market price to balance the Pool.

  • The Treasury
    The treasury functions as additional financial support for the AIF. This additional support can become important in the event of an extreme price drop of the $ASTAKE token or unforeseen black-swan event. It helps to establish a floor value for the $ASTAKE token.

  • Fire Pit
    1% of all $ASTAKE traded are burnt in the Fire Pit. The more that is traded, the more get put into the fire causing the fire pit to grow in size, larger and larger through self fulfilling Auto-Compounding, reducing the circulating supply and keeping the ASTAKE protocol stable.

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While we aim to provide you with all the important information we can obtain, readers should do their own research before taking any action regarding the company and take full responsibility for their decisions, and this article should not be construed as investment advice either.

Token contact address :

https://bscscan.com/address/0xBC6346728490fD3f21a1D59b95AAAE4A39a0058F

FOR INFORMATION

AUTHOR

Username : Sriwidari77
https://bitcointalk.org/index.php?action=profile;u=3429693

BEP20 Address : 0xCE77573C10b4dcDD6a8d5D61236E2bee93688fA1

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