Astake Finance - First Defi Protocol Auto-Staking Auto-Compounding Auto-Liquidity.

chayan70 (30)in #defiyield • 3 years ago

Astake Finance takes measures to reduce investor risk by using automatic algorithms to increase the floor price and ensure sustainable APY.

Astake provides a decentralized financial asset which rewards users with a sustainable fixed compound interest model through use of it’s unique $ASTAKE.

Astake delivers the industry’s highest fixed APY, paid every 10 minutes, and a simple buy-hold-earn system that grows your $ASTAKE portfolio in your wallet at a lightning fast pace.

How It Work?

Buy
Buy $ASTAKE using SWAP protocols at BSC Pancakeswap exchanges or similar trading platforms.

Hold
Hold $ASTAKE in your wallet, AAP protocol will reward tokens by rebase mechanism every 10 minutes.

Earn
Hold $ASTAKE for a long time with the highest payout in the crypto market. You will have amazing profits after 1 year.

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-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.

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.

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.

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.

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.

Tokenomics