Trophy.io - Crypto is increasingly attracting investors with a variety of interesting features. Now, not only trading, cryptocurrencies also offer other returns in the form of staking.

Staking is an activity that benefits crypto asset users by validating transactions or any activity that occurs on the blockchain system.

Investors are required to store or lock their crypto assets in digital wallets to verify the value of the assets in staking. Staking is usually offered for a period of a week, a month, two months or even a year.

Well this time there is a capable auto staking platform whose presence has shocked the crypto world. Curious? we will describe here clearly.

What is Trophy?

Trophy is a company focused on DeFi innovation that creates benefits and value for Trophy token holders and the Trophy Auto-Staking Protocol (TAP) is a new financial protocol that makes staking easier, and more efficient and awards $TROPHY token holders the highest stable returns in crypto.

Trophy TAP algorithm that is used within the Trophy token grants exceptional benefits for holders of $Trophy.

Trophy Tokenomics:

• Name: Trophy
• Ticker: Trophy
• Trophy Smart Contract: 0xBaAd7173c7eDd91269F52c32c1d98B523e1852e4
• Audited: Tech-Audit
• Total Supply: 280,000 $Trophy
• Locked: 90,600 $Trophy
• Public Hold: 120,000
• Staking Liquidity: 40,000
• Airdrop and Bounty: 10,000
• Marketing: 15,000

What Are The Features of Trophy?

Low Risk - Trophy Insurance Fund (TIF)

The $Trophy Insurance Fund, abbreviated TIF, is a separate wallet in Trophy's TAP system, and is funded by a portion of the buy and sell trading fees accumulated in the TIF wallet.

4% of all trading fees are stored in the Trophy Insurance Fund which helps sustain and back the staking rewards by maintaining price stability and greatly reducing downside risk.

Interest Yield - Automatic Payments

You need not be concerned about re-staking your tokens. Interest yield is paid automatically and compounds in your own wallet, guaranteeing you will never miss a payment.

Auto Token Burn

One of the exciting features of the Trophy Protocol is an automatic token burn system named "The Furnace" which prevents circulating supply from getting out of hand and becoming unmanageable. The furnace burns 1.5% out of all Trophy Token market sales.

1.5% of all $Trophy traded are burnt in The Furnace. The more that is traded, the more Token put into the fire causing the furnace to grow in size, larger and larger through self fulfilling Auto-Compounding, reducing the circulating supply and keeping the Trophy protocol stable.

The other benefit to an everlasting burn of circulating supply is that due to the deflationary nature of it, equates to a higher value of each $Trophy token, therefore increasing the individual value.

How is the Liquidity of the Trophy?

Market Liquidity is of utmost importance and plays a vital role in allowing the buy & sell of $Trophy tokens on PancakeSwap.

In layman's terms, think of Liquidity as a big pool of money that is split 50/50 between $Trophy tokens VS $BNB tokens. There is a conversion ratio that is set to the amount of $Trophy you can get with BNB, for example: 1 BNB = 18.66 Trophy.

When somebody buys Trophy, the price per Trophy will go up and the ratio above will also change at the same time to account for this. The same goes in the opposite direction for sells.

Liquidity allows for anybody to buy & sell their Trophy/BNB at anytime, however the less money/liquidity there is in the pool, the worse price you get so what our Trophy Auto-Liquidity Engine (TALE) does, is add more liquidity to that pool by itself and therefore solving that issue.

Here is how the Trophy Auto-Liquidity Engine (TALE) works:

• Every 48 hours our Trophy Auto-Liquidity Engine (TALE) will inject automatic liquidity into the market. On each buy or sell order there is a 5% tax fee that automatically gets stored into an Auto-LP wallet and built into our protocol's smart contract is the mechanism which smartly takes the 50% of the amount of TROPHY stored in the wallet, and will automatically buy BNB at the current market price.
• The remaining 50% of Trophy in the Auto-LP wallet will be used for the Trophy side of liquidity, therefore giving equal an 50/50 weighting of Trophy/BNB which will then be automatically added as new, additional liquidity into the market pair and raising the amount of liquidity in the pool.
• The TALE will do this every 48 hours by adding more and more liquidity to the pool which will allow $Trophy token holders to easily sell their tokens at anytime with little to no market slippage. It will also aid in maintaining protocol stability to make sure the APY is upheld for the entire life of Trophy.

Trophy Swap Dex & Auto-Staking

Swap Dex

Dapp and Swap with constant updates and community engagement, Dapp Trophy Dashboard consists of swap exchanges with a user friendly interface and allows holders to view the rewards generated in real-time.

Whereas the Trophy ecosystem tends to have unlimited potential, it is all made possible by the team, which is the perfect blend of brains and power, to make the experience a personal experience for every investor.

Auto-Staking

Trophy Staking is a simple App Platform, Just Connect your wallet and start, Staking and Earning 1.2% Daily for 365 days Auto Compound to earn upto 850% APR

Trophy Provides Steady APY for Stakers using TAP Protocol Earning Auto Staking and auto Compounding Protocols with Utilities in the Trophy Farming, to commence Staking at 500 $TROPHY Token Holders.

APY stands for Annual Percentage Yield, this measures the real rate of return on your principal amount by taking into account the effect of compounding interest. In the case of Trophy, your $TROPHY tokens represent your principal, Your new principal amount is your then current Trophy token amount.

Conclusion

That's the description and a little explanation about the Trophy platform. In essence, Trophy is a simple DEX app platform for swapping, staking and earning.

The goal is to be able to exchange easily, Trophy Insurance Fund (TIF) for Stakers, staking and earn interest daily with Trophy APP, also exchange Cross-Chain tokens automatically.

Trophy provides decentralized financial assets such as Swapping of Multi-Chain tokens using low fees and provides stable APY for Stakers using the TAP Protocol.

For more information:

• Website: https://trphy.io/
• Telegram Group: https://t.me/trophyprotocol
• Telegram Channel: https://t.me/trophyapp
• Medium: https://medium.com/@trophyapp
• Twitter: https://twitter.com/trophy_app
• Facebook: https://www.facebook.com/trophyprotocols
• Discord: https://discord.com/invite/EhGCjvMG44

Author identity:

• Bitcointalk Username: Bredd6767
• Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1204015
• Bsc Wallet Address: 0x8e71Dbd871654c29Dc94d73eEe9521b00d7D3b0c

#SWAP #STAKE #AUTOSTAKING #EARN #MULTICHAIN #TROPHY $TROPHY