ASTAKEis a DeFi development company developing next-generation products and services. Their Astake Auto-Staking Protocol (AAP) is the foundation for a number of DeFi 2.0 projects, starting with the $ASTAKE token, which is automatically staked and staked in your wallet and offers an industry-best fixed 614,917.56% APY. Astake develops projects, products and protocols that bring industry-leading benefits to holders of its $ASTAKE utility token. DeFi has caused a stir among the most savvy investors, with most agreeing that it has offered some of the richest opportunities in a revolution of sorts, and that the cryptocurrency has made more millionaires than ever before in the past decade. By far DeFi shows preference, to become the easiest and most agreed upon way to put your money to work for you in an environment where cryptocurrency holders can lock or stake their tokens and receive high interest rates that most found unattainable. The tools DeFi firms are using to generate these high returns are financial algorithms and token staking strategies, called protocols made up of smart contracts.
Defi 1.0 introduced multiple versions of these protocols that have attracted billions of dollars in capital and subsequently built many of crypto's top performing brands. The DeFi 2.0 protocols promise token holders greater levels of simplicity and security, as well as greater fixed returns from staking.
The developers of Astake have launched the Astake Autostaking Protocol (AAP), a DeFi 2.0 protocol that provides a decentralized financial asset that rewards users with a sustainable, fixed-interest model through the use of its unique proprietary protocol.
Astake Autostaking Protocol (AAP) – Highest fixed APY
AAP offers token holders simplicity, security and a consistent fixed high return of 614,917.56% APY from their stake. It is used in the $ASTAKE token, giving it the following industry benefits:
Low Risk Insurance Fund (AIF)
3% of all trading fees are stored in the ASTAKE insurance fund which helps maintain and safeguard stake rewards by maintaining price stability and greatly reducing downside risk.
The Treasury
The Treasury plays a very important role in Astake's AAP protocol. It offers three extremely important functions for the growth and sustainability of ASTAKE.
Treasury acts as an additional financial support for the AIF. This additional support can become important in case of an extreme price drop of the $ASTAKE token or an unforeseen black swan event. It helps to set a minimum value for the $ASTAKE token. 1-3% of all trading fees are stored in the treasury.
The Treasury can also be used to fund new The Treasury can also be used to fund new ASTAKE products, services and projects that expand and provide more value to the ASTAKE community, as well as to provide marketing funds.
Astake Auto-Liquidity Engine (AALE) Our Astake Auto-Liquidity Engine (AALE) automatically injects liquidity into the market every 24 hours. Each buy or sell order is subject to a 3% tax fee, which is automatically stored in an Auto LP wallet and is integrated into our protocol's smart contract, the mechanism that intelligently manages the 50% of the stored in the wallet ASTAKE amount automatically takes BNB buy at the current market price.
The remaining 50% of ASTAKE in the Auto LP wallet is used for the ASTAKE side of liquidity, giving a 50/50 weighting of ASTAKE/BNB, which is then automatically added into the market pair as new, additional liquidity Increase in liquidity in the pool.
The AALE will do this every 24 hours, adding more and more liquidity to the pool, allowing $ASTAKE token holders to sell their tokens at any time with little to no market slippage. It will also help maintain protocol stability to ensure that the APY is maintained for the life of Astake.
Fire Pit: Auto Token Burn
One of the exciting features of the ASTAKE protocol is an automated token burning system called “The Fire Pit” that prevents the circulating supply from spiraling out of control and becoming uncontrollable. The fire pit burns 1% of all sales in the $ASTAKE token market.
Staking - easy and safe
The ASTAKE token always stays in your wallet, no need to put it in the hands of a third party or central authority. All you have to do is BUY & HOLD as you will automatically receive rewards in your own wallet, eliminating the need for complicated staking processes at all.
Fast interest payment
The ASTAKE protocol pays each ASTAKE token holder every 10 minutes, or 144 times a day, making it the fastest auto-compounding protocol in crypto.
Vision & Mission
Our mission and vision is to revolutionize the rewards generation mechanism with our first-ever and unique protocol that drives profit generation. ASTAKE Finance is equipped with innovative technologies
Blockchain 4.0 technology introduces solutions for scalability, transaction speed and throughput.
Although there is no single metaverse concept, current proposals have one thing in common. That means they rely on blockchain ledger technology as a foundation. With blockchain, the metaverse can exist without a formal owner, allowing each participant to shape the realities of a digital empire. While the peer-to-peer network makes sense in theory, the current trilemma presents a hurdle that must be overcome to make the metaverse a reality. In the blockchain trilemma, the third and often missing component to a decentralized future is scalability, which without it leads to slow transaction speeds and reduced throughput, which is critical to future growth and adoption of the technology. #MetaHash aims to address this obstacle to metaverse creation. #MetaHash is a next-generation network that exists on Blockchain 4.0. This technology allows users to access a platform to share digital assets and manage decentralized apps (DApps). But perhaps even more critical to the longevity of the network is its ability to operate independent subchains protected by the network. Subchains provide a cost-effective solution for running a so-called #MetaApp by ensuring that the main network is never overloaded. In fact, Metahash is one of the most technologically advanced solutions on the market. With a solid investment in the system, we will accelerate product development, popularize staking and even encourage mass adoption of MHC,” shares the founder and CEO of the project’s partner, aStake.io Dmitrii Danilenko, in response to the capabilities of this network. With this partnership, aStake and #MetaHash aim to provide automated staking solutions for those without a technical background.Prior to launch, aStake has attracted over $10 million in MHC staking commitment.Today's first aStake customers, who bought MetaHash (MHC) coins during the closed presale received their wallets with MHC involved in the staking. While this is just one example, their partnership with aStake represents just one example of how solid the industry is can advance further. Solutions for ScalabilityYour partnership with aStake is just one example of how a solid foundation can keep the industry moving forward h aStake is just one example of how a solid foundation can keep the industry moving forward. solution for scalability
Taking a closer look at #MetaHash, speed, transaction costs and the resulting scalability become crucial factors in the project's mission. Taking into account the first component, speed, #MetaHash is designed to take a maximum of 3 seconds (as opposed to Bitcoin's 10-minute time) to confirm a transaction in a core node, resulting in more than 5 billion transactions per Day with each node performs able to process 100,000 transactions per second. These much faster speeds result from a machine learning algorithm in place to define node roles and their distribution within the network.
Increasing the number of transactions that can occur has two benefits. It not only satisfies the growing consumer demand for convenience, but also ensures that the network can ensure low charges. In practice, the network is set up in such a way that transactions are free in most cases and only appear when the network load increases, in order to protect the network from spam activity. The result is that cross-chain #MetaHash coins are enabled for low-cost microtransactions.
Combined, these factors further contribute to the scalability of the solution. #MetaHash uses #TraceChain, an automatic, self-learning algorithm for routing signals across the network. The chain operates at a rate of 50,000 transactions per second (TPS), which continues to grow as higher bandwidth nodes join the system, resulting in an infinitely scalable solution.
Achieving this level of throughput depends on network distribution across peer nodes. Here, transactions begin at the outermost radius and travel the fastest route to the core network. Nodes that are considered to be the fastest verify transactions with each other.
More insights into #MetaHash here
With underlying blockchain interoperability, #MetaHash bridges become the final element to enable the platform as the foundation for the metaverse. With Bridges, users can benefit from seamless integration and interaction between blockchains and interaction between blockchains and cryptocurrencies across the digital realm.
drive growth
The team has reported a strong foundation for success, with CryptoRank data up +169.6% in price over the past year.
Over the next 12 months, #MetaHash aims to help in developing bridges for other cryptocurrencies, launching a decentralized exchange (DEX) with bridge support and the ability to issue tokens on the #MetaHash blockchain, and integrations with the larger one to help the NFT sector.
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Token contact address
https://bscscan.com/address/0xBC6346728490fD3f21a1D59b95AAAE4A39a0058F
Link to social media website:
Twitter: https://twitter.com/astake_finance
Discord: https://discord.com/invite/vpCQr4cQEV
Telegram: https://t.me/astake_finance
Medium: https://astake.medium.com/
Reddit: https://www.reddit.com/r/ASTAKE_FINANCE/
Internet: https://github.com/AstakeFinance
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