This time we will find out, opinions and responses from outside parties regarding the ASTAKE project. But before that, we will listen first "what is ASTAKE?" we inform those of you who don't know about this project.
Astake Finance takes measures to reduce investor risk by using automatic algorithms to increase the floor price and ensure sustainable APY.
ASTAKE is a company focused on DeFi innovation that creates benefits and value for ASTAKE token holders. Our ASTAKE protocol that is used within the ASTAKE token grants exceptional benefits for holders of $ASTAKE.
Astake provides a decentralized financial asset which rewards users with a sustainable fixed compound interest model through use of it’s unique $ASTAKE.
Astake delivers the industry’s highest fixed APY, paid every 10 minutes, and a simple buy-hold-earn system that grows your $ASTAKE portfolio in your wallet at a lightning fast pace.
ASTAKE Finance is equipped with innovative technologies and features that other forks lack. We aim to provide auto staking and reward multiplication protocol in the crypto space. The ASTAKE’s the future of the traditional staking system.
Frequently Asked Questions (FAQ) about ASTAKE
What makes ASTAKE special and is it sustainable?
The ASTAKE protocol has an entirely different more comprehensive mechanism than Titano/Libero or other competitors. Our token supply is far less at only 300,000, auto burn at 1%, auto LP every 24 hours and the factor of rebasing at 10 min intervals provides a more linear progression of sustainability.
Market volume will enter revenue into the Treasury as a 1-3% tax aswell as enter an additional 3% into the Astake Insurance Fund which more than offsets the daily interest being awarded. APY will be 100% sustained. Basically put, the more that is traded on a daily basis, the bigger the Treasury & AIF balance grows automatically to aid with longterm sustainability and future growth.
We also have a unique and proprietary Astake Auto-Liquidity Engine (SALE) which automatically injects an additional 3% liquidity every 24 hours automatically to maintain protocol stability and to make sure the APY is upheld for the entire life of Astake. On top of this we have our proprietary LIC model in place where after the first 12 months the interest rate reduces lower over time allowing for our protocol to be stable.
What is Auto-LP (AALE) and how does it work?
AALE (Astake Auto-Liquidity Engine) is our mechanism to capture and lock liquidity for the pool and stabilize the price of $ASTAKE over time. Every trade is taxed 3% tokens, which are then used to generate new liquidity in the pool. This happens automatically once every 24 hours.
How do I earn with $ASTAKE?
All you need to do to receive passive income from $ASTAKE is to purchase it. $ASTAKE is an auto-staking, auto-compounding protocol, which means you receive rebases just by holding $ASTAKE.
Do I have to do anything to collect my rebase rewards?
All you have to do to receive rebase rewards is hold $ASTAKE. The protocol automatically rewards all holders with auto-compounding rebases.
Is $ASTAKE and safe and is it audited?
$ASTAKE is working with our audit partners to get audited as soon as possible. $ASTAKE is also safe, because the team is fully commited to the longevity of the project. Liquidity will be locked for 15 years, which means that the project will be rug-proof, just like everyone else!
Who is the ASTAKE Team?
The ASTAKE team is made up of 3 blockchain/frontend/backend developers with years of experience between them, and 4 marketing experts and community managers, each with their own unique skillset and experience.
We will also be onboarding new teammembers to help ASTAKE expand and establish the ASTAKE brand after securing successful funding from our presale.
Reference Information
Visit the main link, which is officially owned by ASTAKE:
Website: https://astake.finance/
Twitter: https://twitter.com/astake_finance
Telegram: https://t.me/astake_finance
Medium: https://astake.medium.com/
Discord: https://discord.gg/XNfDwv76ca
Reddit: https://www.reddit.com/r/ASTAKE_FINANCE/
Author identity:
Bitcointalk Username: fartagoma
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=3390767