Astake Finance _ provides decentralized financial assets

in blockchain •  3 years ago 

image.png

SUMMARY

ASTAKE FINANCE provides a decentralized financial asset that rewards users with a sustainable, compound interest model through the use of the unique AAP protocol.
ASTAKE Auto-Staking Protocol (AAP for short) is a new financial protocol that makes staking easier, more efficient and provides $ASTAKE token holders with the highest stable returns in crypto.

AAP provides ASTAKE tokens with automatic staking and compounding features, and APY remains the highest in the market at 614,917.56% for the first 12 months.
ASTAKE is a DeFi-focused company that creates benefits and value for ASTAKE token holders. Our ASTAKE protocol used in ASTAKE tokens provides tremendous benefits to $ASTAKE holders.

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.

How Does Astake Protocol Work?

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

Using a Positive Rebase formula, ASTAKE makes it possible for token distribution to be paid directly proportional to the epoch rebase rewards, worth 0.0166% every 10 minute epoch period of the total amount of $ASTAKE tokens held in your wallet. The rebase rewards are distributed on each EBASE (10 minute rebase period) to all $ASTAKE holders.

How 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.

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.

  • 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.

image.png

ASTAKE Token

$ASTAKE (BEP-20) Token
$ASTAKE is a BEP-20 token which rewards its holders with automatic passive interest payments every 10 minutes over the lifespan of 15 years until the maximum supply of 3M tokens has been reached.

Is ASTAKE just another Titano Fork?

Our entire protocol's smart contract was written and developed from scratch from our own competent group of developers. It does not contain any resemblance to Titano's code or operation as ASTAKE works on a completely new set of mechanics which allows for complete protocol sustainability.

We also have several proprietary mechanisms in place that we have created ourselves which offers many improvements over our competition such as; our Astake Auto-Liquidity Engine (AALE), the Astake Insurance Fund (AIF), our Long-term Interest Cycle (LIC), aswell as safeguards in place which secure against malicious hack attempts.
Astake's tokenomics are also completely unique with our Auto-Burn Fire Pit structure, minimal starting supply and lower 10 minutes Epoch's for a much more linear APY progression of attainability.

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 : Srikandi88
https://bitcointalk.org/index.php?action=profile;u=3334477

Wallet BEP20 Address:
0xeE5B30322D47Ad39F21BB2F759cDfd4BA5f46feb

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!