Astake Finance token will bring the platform to life and allow financial institutions and consumers to securely and easily manage their finances

in defiproject •  3 years ago 

Introduction

The increasing maturation of digital technologies coupled with the speed of evolution in regulation and consumer expectations implies that organizations in the financial sector are under pressure to provide best-in-class customer experiences, optimize costs, create new revenue streams and develop secure & compliant systems .

Decentralized Finance (DeFi) has seen an explosion of new types of financial products on the blockchain. We have covered yield farming, Bitcoin tokenized on Ethereum, Uniswap, and flash lending. One other segment of the crypto space that is interesting to watch is elastic supply tokens, or rebase tokens.

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.

What is ASTAKE?…

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 It Work?

  • 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.

Astake Autostaking Protocol (AAP) - Highest Fixed APY

AAP presents token holders simplicity, security, and a constant constant excessive yield go back of 614,917.56% APY from their staking. It is used withinside the $ASTAKE token, imparting it with those enterprise benefits:
Low Risk –Insurance Fund (AIF) 3% of all buying and selling charges are saved withinside the ASTAKE Insurance Fund which enables maintain and again the staking rewards via way of means of keeping rate balance and substantially lowering disadvantage risk.

The Treasury

The Treasury performs a completely essential function in Astake's AAP protocol. It presents 3 extraordinarily vital features for the boom and sustainability of ASTAKE.The treasury features as extra economic aid for the AIF. This extra aid can turn out to be essential withinside the occasion of an intense rate drop of the $ASTAKE token or an unexpected black-swan occasion. It enables to set up a ground fee for the $ASTAKE token. 1-3% of all buying and selling charges are saved withinside the Treasury. The treasury will also be used to fund new ASTAKE products, services, and initiatives so one can make bigger and offer greater fee to the ASTAKE network in addition to imparting investment for marketing.

Astake Auto-Liquidity Engine (AALE)

Every 24 hours our Astake Auto-Liquidity Engine (AALE) will inject automated liquidity into the marketplace. On every purchase or promote order there may be a 3% tax rate that routinely receives saved into an Auto-LP pockets and constructed into our protocol's clever agreement is the mechanism that well takes 50% of the quantity of ASTAKE saved withinside the pockets, and could routinely purchase BNB on the modern-day marketplace rate.The final 50% of ASTAKE withinside the Auto-LP pockets could be used for the ASTAKE aspect of liquidity, consequently giving an identical 50/50 weighting of ASTAKE/BNB with a purpose to then be routinely introduced as new, extra liquidity into the marketplace pair and elevating the quantity of liquidity withinside the pool.The AALE will try this each 24 hours via way of means of including increasingly liquidity to the pool with a purpose to allow $ASTAKE token holders to without problems promote their tokens at any time with little to no marketplace slippage. It may also useful resource in keeping protocol balance to ensure the APY is upheld for the complete lifestyles of Astake.

Fire Pit: Auto Token Burn

One of the interesting capabilities of the ASTAKE Protocol is an automated token burn device named “The Fire Pit”, which prevents circulating deliver from getting out of hand and turning into unmanageable. The Fire Pit burns 1% out of all $ASTAKE Token marketplace sales. Staking - Easy and Safe The ASTAKE token constantly remains for your pockets; it would not want to be positioned into the palms of a third birthday birthday celebration or centralized authority. All you want to do is BUY & HOLD as you routinely obtain rewards for your personal pockets so there aren't anyt any greater complex staking approaches at all. Rapid Interest Payment The ASTAKE Protocol will pay each ASTAKE Token holder every and each 10 mins or one hundred forty four instances every day, making it the quickest car-compounding protocol in crypto.

Vision &Mission Our project and imaginative and prescient is to revolutionize the praise era mechanism with our first actual and specific protocol that has superior earnings making. ASTAKE Finance is prepared with revolutionary technology and capabilities that different forks lack. We purpose to offer car staking and praise multiplication protocol withinside the crypto space. The ASTAKE's the destiny of the conventional staking device.s the destiny of the conventional staking device.s the destiny of the conventional staking device.

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

Conclusion

The future of finance is decentralized finance and blockchain technology. The sale of theAstake Finance token will bring the platform to life and allow financial institutions and consumers to securely and easily manage their finances.

In order to reach its full potential, blockchain technology needs to be used for good. The sale of the Astake token will help facilitate this transition by giving the public access to a new financial technology.

Official Links:

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/
GitHub: https://github.com/AstakeFinance

Author

Bitcointalk Username : penghianat
Telegram Username : @mletre_cok
Bitcointalk Profile : https://bitcointalk.org/index.php?action=profile;u=2638108
BSC Wallet Address: 0x4d387FB72dB04B74DEaE07525d785A797d5A96b8

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