Introduction
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.
About ASTAKE
ASTAKE is a DeFi-focused company that creates benefits and value for ASTAKE token holders. Our ASTAKE protocol used in ASTAKE tokens provides great benefits for $ASTAKE holders:
Insurance Fund (AIF) – 3% of all trading fees are held in the Astake Insurance Fund which helps maintain and support wagering rewards by maintaining price stability and greatly reducing downside risk.
Safe Betting – ASTAKE tokens are always stored in your wallet so there is no need to hand over to third parties or centralized authorities. All you need to do is buy & hold because you automatically receive the prize in your own wallet so there is no more complicated betting process at all.
Automatic Payouts – You don't have to worry about staking your tokens back. Interest results are paid automatically and pooled in your own wallet, guaranteeing you will never miss a payment.
APY Remains Highest – ASTAKE paid 614,917.56% in the first 12 months rivaling anything in the DeFi arena to date. After the first 12 months, interest rates fall over a predetermined Long Term Interest Cycle period.
Fast Interest Payouts – The ASTAKE Protocol pays each holder of the ASTAKE Token every 10 minutes or 144 times daily, making it the fastest automated pooling protocol in crypto.
Automatic Token Burning – One of the interesting features of the ASTAKE Protocol is the automatic token burning system called “The Fire Pit” which prevents the circulating supply from getting out of control and getting out of control. Fire Pit burns 1% of all ASTAKE Token market sales and is burned in the same individual transactions. AAP uses a complex set of factors to support its rebase pricing and rewards. This includes the Astake Insurance Fund (AIF) which functions as an insurance fund to achieve price stability and long-term sustainability of the ASTAKE Protocol by maintaining a consistent 0.0166% rebase rate paid out 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 betting and reward system for $ASTAKE holders.
FEATURE
Astake Insurance Fund: AIF (Astake Insurance Fund) stands for Astake Insurance Fund which is a separate wallet in the AAP Astake system.
Treasury: Treasury has a very important role in the AAP Astake protocol. It provides three functions that are critical to ASTAKE's growth and sustainability.
The Fire Pit : 1% of all $ASTAKE traded is burned at The Fire Pit.
Automated Liquidity Engine : Market Liquidity is the most important and plays an important role in enabling the buying & selling of $ASTAKE tokens on PancakeSwap.
Fixed APY: APY stands for Annual Percentage Yield. It measures the real rate of return on your principal amount taking into account the effects of compound interest.
Calculate APY : Simple Interest Equation (Principle + Interest)
Long Term Interest Cycle : A Long Term Interest Cycle component that will reward $SUUPER token holders with continuous compound interest in perpetuity.
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 in 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 the distribution of tokens to be paid proportionally in exchange for rebase epochs, worth 0.0166% per 10 minute epoch 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 614,917.56% annual compound interest for Year 1.
The rebase rate then decreases after the first 12 months: Click Here. https://wp.astake.finance/
ASTAKE Token
$ASTAKE is a BEP-20 token that rewards its holder with automatic passive interest payments every 10 minutes for a period of 15 years until the maximum supply of 3M tokens is reached.
Is ASTAKE just a Titano's Fork?
Our entire protocol smart contracts are written and developed from scratch from our competent group of developers. It bears no resemblance to Titano's code or operations as ASTAKE works on a completely new set of mechanics which allows the complete continuity of the protocol.
We also have several proprietary mechanisms that we build ourselves which offer many improvements over our competitors such as; Our Astake Auto-Liquidity Engine (AALE), Astake Insurance Fund (AIF), our Longterm Interest Cycle (LIC), and on-premises safeguards protect against malicious hacking attempts.
Tokenomics Astake is also truly unique with our Auto-Burn Fire Pit structure, minimal initial supply, and lower 10-minute Epochs for a much more linear APY achievement progression.
- Smart Contracts:
- TBA audit by Soliditas:
Cost of Buying and Selling TBA Fees
buying and selling ASTAKE is an important component of AAP. They provide modals to perform important functions for the protocol.
Trading Fees Explained Fees
Buy Trade:
- 3.0% – Auto-LP
- 3.0% – AIF
- 1.0% – Treasury
- 1.0% – Fire Pit Trading Fee
Sell:
- 3.0% – Auto-LP
- 3.0% – AIF
- 3.0% – Treasury 1% – Placements
Firepits:
Auto-LP – Trading fee
supporting the liquidity of the BNB/ASTAKE pair on PancakeSwap ensures an ever-increasing value of the $ASTAKE guarantee.AIF – Trading fees are held in the ASTAKE Insurance Fund which helps maintain and support the betting rewards provided by positive rebase.
Treasury – Trading costs go directly to the treasury that supports AIF and provides the marketing budget for ASTAKE and funds new product development.
Fire Pit – 1.0% of all $ASTAKE traded is burned in the Fire Pit. The more that is traded, the more is put into the fire causing the fire pit to get bigger, bigger through self-fulfilling auto-compounding which in turn reduces the circulating supply of $ASTAKE and keeps the Astake protocol stable.
Conclusion
Astake Finance is the premier community for investors, traders and enthusiasts. We are a platform focused on providing quality content and financial resources. We believe in the power of information and education. By providing the resources we do, we aim to create a new generation of successful traders and investors by providing them with the information they need to make the right decisions. We hope you enjoyed our article on Astake Finance! With this knowledge, we know that you can make the most of your business meetings. So what are you waiting for?
For More Information:
Website: https://astake.finance/
Discord: https://discord.gg/XNfDwv76ca
Telegram: https://t.me/astake_finance
Twitter: https://twitter.com/astake_finance
Telegram Bounty: https://t.me/Tokensfund_io
Author :Tpower19
Bitcointalk : https://bitcointalk.org/index.php?action=profile;u=3386675
My BEP-20 Wallet : 0x6e5836aCaEA8BE5fECb773EA4EdFEf933f4c29f8