Astake Overview
ASTAKE FINANCE provides a decentralized financial asset which rewards users with a sustainable fixed compound interest model through use of it's unique AAP protocol. The ASTAKE Auto-Staking Protocol (AAP for short) is a new financial protocol that makes staking easier, more efficient and awards $ASTAKE token holders the highest stable returns in crypto.
AAP gives the ASTAKE token automatic staking and compounding features, and the highest Fixed APY in the market at 614,917.56% for the first 12 months. 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:
- Insurance Fund (AIF): 3% of all trading fees are stored in the Astake Insurance Fund which helps sustain and back the staking rewards by maintaining price stability and greatly reducing downside risk.
- Safe Staking: The ASTAKE token always stays in your wallet so it doesn’t need to be put into the hands of a 3rd party or centralized authority. All you need to do is buy & hold as you automatically receive rewards in your own wallet so there’s no more complicated staking processes at all.
- Automatic Payments: You need not be worry about having to re-stake your tokens. Interest yield is paid automatically and compounded in your own wallet, guaranteeing you will never miss a payment.
- Highest Fixed APY: ASTAKE pays out at 614,917.56% in the first 12 months which rivals anything in the DeFi arena to date. After the first 12 months the interest rate drops over a predefined Longterm Interest Cycle period.
- Rapid Interest Payments: The ASTAKE Protocol pays every ASTAKE Token holder each and every 10 minutes or 144 times each day, making it the fastest auto-compounding protocol in crypto.
- Auto Token Burn: One of the exciting features of the ASTAKE Protocol is an automatic token burn system named “The Fire Pit” which prevents circulating supply getting out of hand and becoming unmanageable. The Fire Pit burns 1% out of all ASTAKE Token market sales and is burned in the same individual transaction.
The AAP uses a complex set of factors to support its price and the rebase rewards. It includes the Astake Insurance Fund (AIF) which serves as an insurance fund to achieve price stability and longterm sustainability of the ASTAKE Protocol by maintaining a consistent 0.0166% rebase rate paid to all $ASTAKE token holders every 10 minutes. The ASTAKE development team has coordinated all of these elements together so they work seamlessly behind the scenes. The result is a simple and elegant staking and rewards system for $ASTAKE holders.
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: Buy $ASTAKE using SWAP protocols at BSC Pancakeswap exchanges or similar trading platforms.
Hold: Hold $ASTAKE in your wallet, AAP protocol will reward tokens by rebase mechanism every 10 minutes.
Earn: Hold $ASTAKE for a long time with the highest payout in the crypto market. You will have amazing profits after 1 year.
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.
This means that without moving their tokens from their wallet, ASTAKE holders receive an annual compound interest of 614,917.56% for Year 1.
APY Fixed
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 ASTAKE, your $ASTAKE tokens represent your principal, and the compound interest is added periodically on every Rebase event (Every 10 minutes), otherwise known as an 'Epoch'.
Your new principal amount is your then current ASTAKE token amount, plus your new rebase token amount. This total amount is what gets calculated for your next rebase rewards.
The Power of Compound Interest: It is important to note that your balance will grow not linearly but exponentially over time. Taking a compound interest of 0.0166% / 10 minutes:
EXAMPLE 1: If you started with a balance of only 1 $ASTAKE on day 1, after a year, your balance will have grown to 6.150,27 $ASTAKE.
ASTAKE 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 Longterm 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 minute Epoch's for a much more linear APY progression of attainability.
- Smart Contract: 0xBC6346728490fD3f21a1D59b95AAAE4A39a0058F
- Audit by Solidity: https://github.com/solidproof/projects/tree/main/AstakeFinance
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).
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.Soft Cap: 50 BNB
Hard Cap: No limit
Minimum Purchase: 0.1 BNB
Maximum Purchase: No limit
Roadmap
- Website Development
- Whitepaper Documentation
- Build Phase - Smart Contract
- Build Phase - dApp V1 Dashboard
- Deployment Phase - Smart Contract - Testnet
- Solidity Finance Audit
- Deployment Phase - Smart Contract Deployment - Mainnet
- Deployment Phase - dApp V1 Dashboard
- Initiate and Promote Discord Community
- PR Marketing
- Bounty Campaign
- Pre-Launch Marketing
- Fair Launch on PinkSale
- PinkLock Liquidity Locked 15 years
- Twitter Marketing Campaign
- YouTube Marketing Campaign
- CoinMarketCap Listing
- Certik Application
- Certik Listing
- Certik KYC
- Certik Audit
- CoinGecko Listing
- DappRadar Listing
- Airdrop Campaign
- SEO
- Build Phase - dApp V2 Dashboard
- Deployment Phase - dApp V2 Dashboard
- On Ramp Integration
- Cross-Chain Integration
- Partnerships
- Development Mobile Application iOS and Android
- Launch Alpha Version Mobile Application iOS and Android
- DAO
- Merchandising
- NFT Collections
Contact Information
Website: https://astake.finance/
Whitepaper: https://wp.astake.finance/
Twitter: https://twitter.com/astake_finance
Discord: https://discord.gg/XNfDwv76ca
Telegram: https://t.me/astake_finance
Telegram Bounty: https://t.me/Tokensfund_io
Bitcointalk Username: Rovega
Bitcointalk User Profile: https://bitcointalk.org/index.php?action=profile;u=2878895
Telegram Username: @Gennadius77
Wallet Address BEP20 : 0x2deF7B0A6dd50F7fE8c8BCA9e2E3b1f27510c26E