Astake Finance - Automated Betting First Defi Protocol, Automated Assembly and Automated Liquidity

in blockchain •  3 years ago 

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SUMMARY

ASTAKE is a DeFi development company that creates the next generation of products and services. Their Astake Auto-Staking Protocol (AAP) is the basis for a series of DeFi 2.0 projects that start with $ASTAKE tokens that are automatically staked and pooled in your wallet, and offer the industry's best 614,917.56% APY. Astake develops projects, products and protocols that deliver industry-leading benefits to its utility token holders $ASTAKE. DeFi has caused a stir among the brightest of investors, with most agreeing that it has offered some of the richest opportunities in a revolution of some sort and that the cryptocurrency has made more millionaires over the past decade than has ever been seen before. So far DeFi shows help in being the easiest and agreed-upon way to make your money work for you in an environment where cryptocurrency holders can lock or stake their tokens and receive high interest rates that most find unattainable. The tools that DeFi companies use to generate these high returns are financial algorithms and token staking strategies called protocols that comprise Smart Contracts.

Defi 1.0 introduced several versions of this protocol which have attracted billions of dollars in capital, and went on to build many top performing crypto brands. The DeFi 2.0 protocol promises token holders a greater level of simplicity and security, and increased fixed returns from staking.

Astake developers have introduced the Astake Autostaking Protocol (AAP), a DeFi 2.0 protocol that provides a decentralized financial asset that rewards users with a sustainable, compound interest model through the use of its unique proprietary protocol.

How does it work?

  • Buy
    Buy $ASTAKE using the SWAP protocol on the BSC Pancakeswap exchange or similar trading platform.

  • Hold
    Hold $ASTAKE in your wallet, AAP protocol will provide token with rebase mechanism every 10 minutes.

  • Produce
    Hold $ASTAKE for a long time with the highest payouts in the crypto market. You will get tremendous profit after 1 year.

"ASTAKE holders benefit from a unique hybrid staking protocol, where interest is paid every 10 minutes".

Key To Success

  • ASTAKE Token
    $ASTAKE is the native token which interest rebase rewards are paid. Every token holder automatically receives 0.0166% interest every 10 minutes just for holding $ASTAKE tokens in their own wallet!

  • Auto-Compounding
    Cryptocurrency's highest Auto-Staking and Auto-Compounding protocol with industry's largest fixed APY of 614,917.56%. Interest rewards are accrued every 10 minutes for each BSC wallet holding any $ASTAKE tokens.

  • Insurance Fund
    AIF is the acronym for the ASTAKE Insurance Fund which is a separate wallet in ASTAKE's AAP system. The AIF uses an algorithm that backs the Rebase Rewards and is supported by a portion of the buy and sell trading fees that accrue in the AIF wallet.

8 Auto-Liquidity Engine
Auto-Liquidity Engine (AALE) will be performed automatically after 24 hours. For each buy or sell transaction, a tax fee of 3% is stored in the Auto-LP wallet, then automatically adds 50% to the liquidity and the remaining 50% will buy BNB at the current market price to balance the Pool.

  • The Treasury
    The treasury functions as additional financial support for the AIF. This additional support can become important in the event of an extreme price drop of the $ASTAKE token or unforeseen black-swan event. It helps to establish a floor value for the $ASTAKE token.

  • Fire Pit
    1% of all $ASTAKE traded are burnt in the Fire Pit. The more that is traded, the more get put into the fire causing the fire pit to grow in size, larger and larger through self fulfilling Auto-Compounding, reducing the circulating supply and keeping the ASTAKE protocol stable.

How Does the Astake Protocol Work?

AAP's Auto-Stake feature is a simple but advanced function called Buy-Hold-Earn , which provides the ultimate ease of use for $ASTAKE holders.
Buy-Hold-Earn - By simply buying and holding $ASTAKE tokens in your wallet, you earn rebase rewards as interest payments directly to your wallet. Your token will increase every 10 minutes.

Using the Positive Rebase formula, ASTAKE allows distribution of tokens to be paid out proportionally in exchange for rebase epochs, worth 0.0166% every 10 minute period of the total amount of $ASTAKE tokens held in your wallet. Rebase rewards are distributed in every EBASE (10 minutes rebase period) to all $ASTAKE holders.

This means that without moving their tokens from their wallet, ASTAKE holders receive an annual compound interest of 614,917.56% for Year 1.

Pre-Launch Sale

  • Pre-Launch PinkSale: TBA

We will follow a Fair Launch and comply to Fair Launch Rules where everyone will be able to acquire $ASTAKE tokens in an equal way on the PinkSale platform using BNB.

Fair Launch:

  • Whitelist - There is no whitelisting required. Everybody will have an equal chance to buy $ASTAKE on PinkSale at release time. First come, first serve. Once our Hardcap is reached, there will be no further available investment at the Pre-Launch rate. The only way to buy $ASTAKE will be on PankcakeSwap upon public market release via the $ASTAKE/BNB pair.

  • PancakeSwap Listing - After initial Pre-Launch funding has completed we will go to market by creating the $ASTAKE/BNB liquidity pair within 36 hours.

Pre-Launch funds will be used to create the PancakeSwap $ASTAKE/BNB liquidity pair.
This liquidity will be locked for 15 years via trusted PinkLock.

Tokenomics:

  • Initial Supply - 300,000
  • Max Supply - 3,000,000,000
  • Available to Purchase on PinkSale Pre-Launch - 182,104 $ASTAKE
  • Tokens for Liquidity - 83,570 $ASTAKE
  • Token Breakdown - 90,535 will be used for PancakeSwap to match 51% liquidity and remaining 34,326 will be used for marketing inc:
    Bounty Campaign (25,000), Airdrop (5000), Community Giveaways (4,326).

PinkSale Pre-Launch:

  • Soft Cap - 50 BNB
  • Hard Cap - No limit
  • Minimum Purchase - 0.1 BNB
  • Maximum Purchase - No limit

PancakeSwap Launch:

Launch Time: After Pre-sale 30 minutes

  • NO TEAM TOKENS - The ASTAKE Team will NOT hold any tokens. The only tokens owned by the Treasury will be collected via accumulating trading fees. We are committed to the longevity of the project and thus the $ASTAKE team cannot dump on you.

  • NO EXTRA MINT OR HIDDEN TOKENS - The $ASTAKE smart contract has NO ability to mint extra tokens nor can the supply be manually increased or used in an artificial way to change the initial supply by awarding ourselves free tokens. The initial supply is 305,000 tokens only (please see the breakdown above).

  • NO RUG PULL - Liquidity will be locked for 15 years via trusted PinkSale.Finance which cannot be touched or released early. (This means that you as a token holder will ALWAYS have the freedom to buy/sell whenever you like without restrictions or complications - your tokens that you buy are yours and remain in your wallet always and are never 'locked').

  • NO BOTS - All front run and sniper bots will be instantly blocked by the ASTAKE smart contract by the blacklist feature. Our smart contract cannot block normal wallets, only contracts ie bots.

While we aim to provide you with all the important information we can obtain, readers should do their own research before taking any action regarding the company and take full responsibility for their decisions, and this article should not be construed as investment advice either.

Token contact address :
https://bscscan.com/address/0xBC6346728490fD3f21a1D59b95AAAE4A39a0058F

FOR INFORMATION

AUTHOR

Username : Endang jembatan
https://bitcointalk.org/index.php?action=profile;u=1827996

BEP-20 Wallet Address:
0x947D7f4c6A0D96830416643E18D8ee7c8aEa22F8

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