Trophy: A DeFi Ecosystem That Incorporates DEX And Staking Functionalities!

Trophy is a smart chain contract company that is all out to concentrate on decentralized finance (defi) innovation that provides plenty benefits and opportunities with values to all trophy token holders. This is achieved by creating a new trophy financial protocol (TAP) which makes staking simplier and easier with efficiency, thereby rewarding $TROPHY token holders with the highest stable returns in the crypto ecosystem.

Trophy sole aim as a company is to concentrated on decentralized finance innovation that create benefits and value for all trophy token holders. The trophy auto-staking protocol (TAP) has an algorithm that is used within the trophy token that grants exceptional benefits to $trophy holders. This trophy auto-staking protocol uses complex set of elements that supports the $TROPHY price. It includes the trophy insurance fund(TIF) which stands as the insurance funds used to achieved price stability with a long term sustainability of the trophy protocol.

Features of Trophy

Trophy insurance fund(TIF): This is an insurance platform for Trophy that helps sustain and back the stability of rewards by maintaining price stability. The insurance fund greatly reduces downside risk to all its users and provide external trading fees that are stored. 4% of all trading fees are kept in the trophy insurance fund. TIF is a seperate wallet in trophy TAP system that is funded by a portion of the buy and sell trading fees accumulated in the TIF wallet.
Automatic Token Burn: this is one of the most interesting feature of trophy protocol called"the furnace". The furnace prevents circulating supply from getting out of control and becoming unmanageable which reduces the value of supplies from the platform. The furnace therefore burns 1.5% of all trophy token market sales and is burned in the same one transaction. This is done to provide value to the $TROPHY token holders.

The Furnace: the furnace burns all $TROPHY trading. The higher the token traded, the more the tokens grows causing the furnace to be big in size.
Trophy Treasury: The Treasury is very paramount in the growth and sustainability of the trophy TAP protocol. The Treasury provides three important functions which are as follows; - the Treasury operates as an additional financial support for the TIF that helps establish a floor value for the $TROPHY token in the event of extreme price drop of the $TROPHY.

The treasury is also use to fund new trophy products, services, and projects that will expands and give value to the trophy community. lastly, it also provides funding for the market. With self fulfilling auto compounding, it reduces the circulating supply of the tokens thereby maintaining its value and keeping the trophy protocol stable.

Trophy Ecosystem Utilities

Trophy has some utilities that backs trophy protocol, these includes but not limited to;

Trophy Swap DEX: This utility system constantly update dApp and SWAP with the involvement of the community.the dAPP dashboard consists of swap exchanges that is user friendly with interface that allows holders of $TROPHY to view rewards generated. This is made possible by the team which is a great combination of brain and brawn that are out to make easier and conducive experience a personal one for every investor.

Staking(Stake and earn more $Trophy): Trophy staking is an easy and simple app platform that requires an investors to just connect his wallet and start staking to earn a daily 1.2% APR with 365 days auto compounding protocol to earn up to 350% APR. Trophy provide steady annual percentage yield (APY) for stakers using TAP protocol earnings. It also has an auto staking and auto compounding protocol with utilities in the trophy farm.

Trophy intends to start staking with just 500 $TROPHY token holders. The annual percentage yield measures the real rate of returns on an investors principal amount by taking into records the effect of compounding interest. In the case of trophy,an investor's $TROPHY tokens represent his principal. The new principal amount becomes the current trophy token amount.

Introducing Trophy Liquidity (Trophy Auto-Liquidity Engine (TALE) )

Liquidity allows investors to buy and sell their trophy/BNB at any conducive time. The liquidity splits tokens between $TROPHY tokens and $BNB tokens with a conversion rate that is set to the amount of $TROPHy an investors can get to with BNB. The trophy auto liquidity engine (TALE) injects automatic liquidity into the market to provide more liquidity into the platform every 48 hours.

On each transaction, a 5% tax fee is automatically stored into an auto-LP wallet which smartly which takes 50% of the amount of trophy stored in the wallet and automatically buys BNB at the current market price. The TALE adds more liquidity to the pool to $TROPHY holders to easily sell their tokens at anytime. It also help in maintaining protocol stability that makes sure the APY is upheld for the entire life of trophy.

Trophy Token ($TROPHY) & Its Tokenomics

$TROPHY is a bEP-20 token use by Trophy for transactions, the token is equipped with the trophy auto-staking protocol (TAP) technology, a new financial protocol that makes sure staking is easier and more efficient. It also awards $TROPHY token holders with the highest stable returns in cryptosystem. Find a detail tokenomics of $TROPHY below.

Project Development Timeline

In conclusion

Trophy is a company tgatbus focused on DeFi innovation utilities like DEX SWAP and FARM STAKING which provide benefits and value to all trophy token holders. It also has the auto-staking protocol (TAP) that makes transactions easier and efficient. TROPHY tokenomics is completely unique with the auto- Burn furnace structure.

Trophy also has an interesting features that is created by the amiable team of experts to provide many improvement in the cryptosystem. Such features include; Trophy auto-liquidity engine (TALE), the trophy insurance fund(TIF), interest cycle (LIC), as well as security in place against hack attempt. Do follow the official links i made available below for much more into the idea of Trophy, thanks.

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

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Forum user: thefreethinker
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