ASTAKE Finance: Automatic Staking Protocol (AAP) Fully Decentralized & Get Rebase Rewards Every 10 Minutes
In this article, we’re going to talk about ASTAKE Project a decentralized and financial asset providing a sustainable fixed compound interest model. Depending on the world’s market, you’ll always be able to earn the same percentage of return on your investment. But, before you read in main post about ASTAKE, first you need know DeFi and Auto Staking it works.
DeFi Introduction
Decentralized Finance or "DeFi" is a movement and a buzz word in the crypto space right now. The movement is all about creating a financial ecosystem that's fully controlled by it's users instead of central banks or other entities. The platform for this ecosystem is blockchain technology.
The decentralized finance, or DeFi, ecosystem has seen an explosion of growth over the past year as investors look to take advantage of the financial opportunities being offered by various blockchain projects. The major benefit and reason for popularity behind DeFi in its decentralized nature allowing users to remain fully in control of their funds and making the process open source. DeFi is a great way to take advantage of the power of cryptocurrency and the blockchain. If you haven't considered investing in the DeFi ecosystem, now may be the time to start looking into it.
This means that there is no single entity controlling the network or dictating how it should operate thus pushing out traditional finance and opening an avenue for new financial products like fixed term loans, stable coins and asset backed securities.
A number of variations of these protocols were created by Defi 1.0, which have garnered billions of dollars in investment and helped to establish many of the cryptocurrency industry's most successful businesses. The DeFi 2.0 protocols guarantee token holders better levels of simplicity and safety, as well as enhanced fixed returns from staking throughout the course of the protocol's lifetime. The Astake Auto Staking Protocol (AAP), developed by the company's developers, is a DeFi 2.0 protocol that offers a decentralized financial asset that pays users with a sustainable fixed compound interest model via the use of a proprietary protocol that is exclusive to Astake.
Auto Staking Protocol Meanings
The auto staking protocol is designed to allow users to earn rewards when they are holding tokens on their wallet. There’s no need to join any masternode or pooling, just simply hold your tokens on your wallet, and you will start receiving daily rewards. This will help you not only make extra profit but also helps increase the value of our token. The longer you stake, the more rewards you earn!
The AAP protocol was designed to be a fully trustless protocol capable of high-frequency trading and also a long-term protocol for fixed compound interest rewards. According to the AAP whitepaper, the main scalability solutions in the traditional blockchain architecture were “state channels”, “off-chain computation” and “sharding”. The Auto-Staking Protocol (AAP) utilizes all three of these approaches to maximize scalability and reap significant benefits when staking ASTAKE tokens.
What is ASTAKE?
ASTAKE is a blockchain-based protocol (ASTAKE Protocol), which can establish trust and transparency in the crypto world. ASTAKE created a new financial model in blockchain industry that rewards everyone who participates. The Auto-Staking Protocol (AAP) was developed by ASTAKE team to make staking easier and more efficient. It is an open-source, decentralized protocol that allows you to stake your assets in one click without the need for any complex setup. The AAP protocol automatically distributes profits to all staking addresses in a timely manner. Staked tokens are never locked; you can withdraw them or transfer them at any time.
By utilizing the AAP, $ASTAKE holders can earn steady rewards in the form of $ASTAKE tokens through staking at any time with no lock-up periods. Unlike other tokens, $ASTAKE has no circulating supply and no total supply, so the token value will not be diluted by inflation.
How ASTAKE It Work?
First, you need to buy ASTAKE tokens at BSC Pancakeswap exchanges or similar trading platforms. For a comprehensive guide on how to purchase $ASTAKE tokens, see our step-by-step tutorial located on the ASTAKE website. The following is an overview of the process you will follow to acquire $ASTAKE tokens.
Secondly, Hold: A.STAKE is the mechanism of REWARD. A.STAKE that generates in the wallet of users who own the ASTAKE will be rewarded to them by participating in a built-in REWARD mechanism of AAP protocol every 10 minutes. $AAP will be granted to users based on the percentage that users stake.
Last Step Is Earn Rewards: You can earn more if you Hold $ASTAKE for a long time with the highest payout in the crypto market. You will have amazing profits after 1 year. Holding $ASTAKE is the main way to earn profits. When you hold $ASTAKE you will receive profit. This is a simple process.
$ASTAKE Token Utilities
ASTAKE Token: $ASTAKE is the native token in which interest rebase incentives are handed out in exchange for the token. The simple act of keeping $ASTAKE tokens in their own wallet results in an automated 0.0166 percent interest payment every 10 minutes.
Engine for Automatic Liquidity: After 24 hours, the Auto-Liquidity Engine (AALE) will be activated and run automatically. In exchange for each buy or sell transaction, a 3 percent tax charge is collected and held in the Auto-LP wallet. The wallet then automatically contributes 50 percent to liquidity while the remaining 50 percent purchases BNB at the current market price to keep the Pool in balance.
Auto-Compounding: The highest Auto-Staking and Auto-Compounding protocol in cryptocurrency, with the highest fixed annual percentage yield (APY) in the business at 614,917.56 percent. Once every 10 minutes, interest incentives are accumulated for any BSC wallet that has any amount of $ASTAKE tokens.
The Treasury is a government agency: An additional source of financial assistance for the AIF is provided by the Treasury. This extra support may become critical in the case of a significant decline in the value of the $ASTAKE token or the occurrence of a black swan event. It contributes to the establishment of a floor price for the $ASTAKE token.
Insurance Fund : In the ASTAKE AAP system, AIF is an abbreviation for the ASTAKE Insurance Fund, which is a separate wallet from the main wallet. The AIF makes use of an algorithm that supports the Rebase Rewards and is backed by a percentage of the buy and sell trading fees that accumulate in the AIF wallet, which is stored in the AIF wallet.
Pitcher for the Fire: The Fire Pit burns one percent of all $ASTAKE exchanged in a given day. More coins are exchanged, and more are thrown into the fire, causing the fire pit to expand in size, becoming more huge as a result of self-fulfilling Auto-Compounding, so decreasing the circulating supply and maintaining the ASTAKE protocol's stability.
CONCLUSION
ASTAKE is an asset token that will be used on AAP to reward all users with a sustainable fixed compound interest model. ASTAKE has been created to reward users for helping the development of the ecosystem and community of AAP. In addition, ASTAKE holders will have exclusive access to new features and functions not available to other users.
The Auto-Staking Protocol (AAP) is a revolutionary financial protocol that makes staking easier and more efficient while also providing $ASTAKE token holders with the most consistent profits in the crypto world. Users can stake $ASTAKE tokens for a fixed period of time, during which each deposited token will earn compound interest. The fixed compound interest model means that the longer you stake your tokens, the higher your earnings will be. These earnings are automatically distributed to users' wallets on a daily basis.
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