ASTAKE: ONE OF THE BEST AUTO STAKING PROTOCOL WITHIN THE CRYPTO ECOSYSTEM
INTRODUCTION
ASTAKE FINANCE is a decentralized financial asset that uses the AAP mechanism to reward users with a sustainable fixed compound interest structure. The ASTAKE Auto-Staking Protocol (AAP) is a new financial protocol that makes staking easier and more efficient while also providing $ASTAKE token holders with the most consistent profits in the crypto world. The ASTAKE token has automated staking and compounding features, as well as the market's highest Fixed APY of 614,917.56% for the first twelve months. ASTAKE is a DeFi-focused corporation that provides advantages to ASTAKE token holders. The ASTAKE protocol, which is employed within the ASTAKE token, provides distinct advantages to $ASTAKE holders.
The AAP bases its price and rebase incentives on a complicated collection of parameters. It features the Astake Insurance Fund (AIF), which acts as an insurance fund to ensure market stability and longterm viability of the ASTAKE Protocol by paying all $ASTAKE token holders a stable 0.0166 percent rebase percentage every 10 minutes. All of these elements have been integrated by the ASTAKE development team so that they function together flawlessly behind the scenes. As a result, $ASTAKE holders will benefit from a straightforward and elegant staking and reward mechanism.
HOW DOES IT WORK?
The AAP Auto-Stake feature is a simple yet cutting-edge Buy-Hold-Earn tool that gives $ASTAKE holders with the maximum convenience of use. Buy-Hold-Earn - Merely by purchasing and holding the $ASTAKE token in your wallet, you will receive rebase benefits in the form of interest payments. Every 10 minutes, your tokens will rise.
ASTAKE uses a Positive Rebase algorithm to ensure that token allocation is proportionate to epoch rebase rewards, which are worth 0.0166 percent of the total number of $ASTAKE tokens stored in your wallet every 10 minute epoch period. The rebase awards are awarded to all $ASTAKE holders on each EBASE (10 minute rebase period). This implies that ASTAKE holders will receive an annual compound interest of 614,917.56 percent in Year 1 without having to move their tokens from their wallet. After the first 12 months, the interest rebase rate decreases.
ASTAKE INSURANCE FUND (AIF)
The Astake Insurance Fund is a separate wallet in Astake's AAP system, and its abbreviation is AIF (Astake Insurance Fund). The Rebase Rewards are backed by an algorithm that is backed by a part of the buy and sell trading fees that accumulate in the AIF wallet. In basic terms, the AIF variable backs the staking rewards (rebase rewards) that are distributed every 10 minutes at a rate of 0.0166 percent, delivering a high and constant interest rate for $ASTAKE token holders. The Astake Insurance Fund holds 3% of all trading costs, which serves to sustain and back the staking profits offered by the positive rebase.
ASTAKE TREASURY
In Astake's AAP protocol, the Treasury plays a crucial role. It performs three crucial services for ASTAKE's development and long-term viability. The AIF's treasury provides further financial help. This extra support could be critical if the $ASTAKE token's price drops dramatically or if a blackswan event occurs. It aids in the establishment of a $ASTAKE token minimum valuation.The treasury can also be used to fund new ASTAKE products, services, and projects that will expand and add value to the ASTAKE community, as well as promotional expenses.
ASTAKE FIRE PIT
In The Fire Pit, 1% of all $ASTAKE traded is consumed. The more that is traded, the more that is dumped into the fire, leading the fire pit to increase in size, increasingly larger as a result of self-fulfilling AutoCompounding, limiting the circulating supply and maintaining the ASTAKE protocol's stability.The other advantage of an infinite circulating supply burn is that, because of its deflationary nature, it correlates to a larger value for each $ASTAKE token, therefore boosting the individual value.
ASTAKE AUTO LIQUIDITY
Market liquidity is critical in allowing users to purchase and sell $ASTAKE tokens on PancakeSwap.In simpler terms, Liquidity can be thought of as a large pool of money split 50/50 between $ASTAKE and $BNB tokens. The quantity of $ASTAKE you can acquire with BNB is converted into a rate of exchange.When someone buys ASTAKE, the price per ASTAKE will increase, and the proportion above will alter to compensate for this. The same is true for sales in the reverse direction.
Liquidity allows anyone to purchase and sell their ASTAKE/BNB at any moment, but the less money/liquidity in the pool, the lower the price, thus what our Astake Auto-Liquidity Engine (AALE) does is automatically supply additional liquidity to that pool, so alleviating that issue. Astake Auto Liquidity Engine (AALE) injects automated liquidity into the market every 24 hours. There is a 3% tax cost on each buy or sell order that is automatically placed in an Auto-LP wallet, and integrated into our protocol's smart contract is a technique that intelligently takes the 50% of the ASTAKE stored in the wallet and buys BNB at the current market rate.
CONCLUSION
$ASTAKE is a BEP-20 token that pays out automated passive interest payments every 10 minutes for 15 years, or until the total supply of 3 million tokens is achieved. With the Auto-Burn Fire Pit framework, low initial supply, and lower 10 minute Epochs, Astake's tokenomics are wholly unique, allowing for a much more linear APY progression of attainability.
ASTAKE OFFICIAL LINKS
Website: https://astake.finance
Twitter: https://twitter.com/astake_finance
Telegram: https://t.me/astake_finance
Reddit: https://www.reddit.com/r/ASTAKE_FINANCE/
WRITER
Bitcointalk Username: Ejumi
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=3458365
Telegram Username: @Jarumaa
BSC Wallet Address: 0x9e68cD5cBb4ecEF597b0781DC77092EB1Dd844AE