ASTAKE FINANCE: DEFI'S FIRST AUTO STAKING PROTOCOL WITH HIGH FIXED APY
Astake Finance is a recently launched DeFi project that provides consumers with financial assets in exchange for a fixed compound interest model that is both distinctive and long-term. Astake Finance uses an AAP process that is second to none.Also, one of its inventions is the Astake Auto staking protocol, which was designed to make staking a relatively easy, more versatile, and faster. Holders of the $ASTAKE token will receive a higher rate of return. Astake's staking return is one of the best in the crypto industry, with an annual percentage yield of 614,917.56 percent in the first year.Astake Finance's goals are to drive DeFi innovation while also providing rewards and worth to $ASTAKE investors.
ASTAKE FEATURES
Token Burn (Fire Pit)
Approximately 1% of all Astake tokens traded will be burned in the fire pit. The greater the volume of $ASTAKE tokens traded, the greater the amount of $ASTAKE tokens burned in the fire pit. This approach aims to stabilize the ASTAKE protocol by reducing the amount of $ASTAKE in circulation.
Fixed APY
Astake will pay out around 614, 917.56 percent in the first year. This number is much higher than anything currently available in the DeFi industry. Following the cycle phase, the interest rate will fall
Automated Payment
Restaking your token is no longer necessary, and you need not be concerned; the yield interest is normally transferred immediately to users' wallets, ensuring that they never miss payments
Staking is Automated
Unlike existing staking platforms, the ASTAKE token will still be in your wallet, so you won't have to store it somewhere else. You will receive the staking benefits in your wallet once you have the token in your wallet, thus there is no need to go through a complicated staking routine.
Insurance Fund
Within the ASTAKE AAP system, the AIF is a wallet that is compartmentalized. The AIF wallet stores about 3% of the trading fee; this quantity will serve to maintain and support the staking rewards by supporting them. The AIF employs a rebase reward-supporting algorithm.
To leverage the price and rebase payouts, the ASTAKE Auto staking tool uses a number of complicated algorithms. Another component is the AIF, which is designed to ensure the ASTAKE protocol's long-term viability. All of these distinctive traits were incorporated by the founders in order to create a platform with an effective staking structure.
ASTAKE PRESALE
Astake presale is live and it started at 14:00 UTC on April 10th, 2022, and ends at 14:00 UTC on April 15th, 2022 with 50 BNB (soft cap). Astake will be listed on PancakeSwap 24 hrs after the end of the fair launch. You can get 10% bonus on this round, there is no hard cap. Here is the link to the Fairlaunch: https://www.pinksale.finance/#/launchpad/0x0CE5371ABCa4Eec7DfDbA1D3F07992f06544c079?chain=BSC
In other achievment by Astake, $ASTAKE has been listed at Coinmarketcap!!!
🔗 Link: https://coinmarketcap.com/currencies/astake/
Astake Team has been successfully KYC’d by Spywolf.This means that it now has KYC’s completed and verified by 2 independent credible agencies.
SUMMARY
ASTAKE PROTOCOL's auto staking tool is incredibly versatile while yet providing excellent performance. The Buy-Hold-Earn method is one of them, and it allows $ASTAKE holders to use it more easily. Rebase compensates users in the form of interest payments after they have $ASTAKE token in their wallet. Additionally, every 10 minutes, they will receive a confirmed token increment.
ASTAKE has made it simple to distribute tokens equivalent to rebase rewards (0.0166 percent /10minutes) by employing a positive rebase formula. All $ASTAKE holders will receive the prizes. As a result, even if they do not trade their token, $ASTAKE holders will earn a compound annual interest rate of 614,917.56 percent for the first year.
SOCIAL LINKS OF ASTAKE
Website: https://astake.finance/
Github: https://github.com/AstakeProtocol
Twitter: https://twitter.com/astake_finance
Medium: https://astake.medium.com/
Telegram: https://t.me/astake_finance
#Astake #Coinmarketcap #Defi #BSCAlert #Binance
AUTHOR
Bitcointalk Username: Mariapa
Profile Link: https://bitcointalk.org/index.php?action=profile;u=3458328
BEP20 WALLET ADDRESS: 0xfd06bB31C9584c4EFaD2880BA3252c260b871922
Telgram Username: @Mariapano
POA Link: https://bitcointalk.org/index.php?topic=5392985.new#new
