Safuu — Crypto’s Highest Paying DeFi Yield

in safuu •  3 years ago 

FMKRsvxaIAAfI5d.jpg

Overview:

Today our financial system and all its services are completely centralized. Banks, stock markets, insurance companies, and other financial institutions all have someone in charge, whether it be a company or a person that controls and offers these services. This centralized financial system or CEFI has its risks- mismanagement, fraud, and corruption to name a few. But what if we could decentralize the financial system as a whole in the same way, Bitcoin decentralized Money? That’s exactly what DeFi is all about.

DeFi is a term given to financial services that have no central authority or someone in charge. Using decentralized money like certain cryptocurrencies that can be programmed for automated activities we can build exchanges, lending services, insurance companies, and other organizations that don’t have an owner and aren’t controlled by anyone.

Investors across the globe are chasing low-risk-high-yield returns in a booming wave within the technology sector of Decentralized Finance (DeFi) and noting that cryptocurrency, in general, is opening up new possibilities across the whole financial industry.

By far DeFi is showing favor to becoming the easiest and agreed-upon way to make your money work for you in an environment where cryptocurrency holders can lock or stake their tokens and receive high-interest rates that most thoughts were unachievable.

The developers of Safuu have introduced the Safuu Autostaking Protocol (SAP), a DeFi 2.0 protocol that provides a decentralized financial asset that rewards users with a sustainable fixed compound interest model through the use of its unique proprietary protocol.

What is Safuu?

Safuu provides a decentralized financial asset that rewards users with a sustainable fixed compound interest model through the use of its unique proprietary SAP protocol. Safuu delivers the industry’s highest fixed APY, paid every 15 minutes, and a simple buy-hold-earn system that grows your $SAFUU portfolio in your wallet at a lightning-fast pace.

Features of Safuu

  1. Safuu Autostaking Protocol (SAP) — Highest Fixed APY — SAP provides token holders simplicity, security, and a consistent fixed high yield return of 382,945% APY from their staking. It is used in the Safuu token.

  2. Low Risk — Safuu Insurance Fund (SIF) — 5% of all trading fees are stored in the Safuu Insurance Fund which helps sustain and back the staking rewards by maintaining price stability and greatly reducing downside risk.

  3. Staking — Easy and Safe — The Safuu token always stays in your wallet 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 are no more complicated staking processes at all.

  4. Interest Yield — Automatic Payments — You need not be concerned about re-staking your tokens. Interest yield is paid automatically and compounded in your own wallet, guaranteeing you will never miss a payment.

  5. Highest Fixed APY — Safuu pays out at 382,945.41% in the first 12 months which rivals anything in the DeFi arena to date.

  6. Rapid Interest Payments — The Safuu Protocol pays every Safuu Token holder each and every 15 minutes or 96 times each day, making it the fastest auto-compounding protocol in crypto.

  7. Auto Token Burn — One of the exciting features of the Safuu Protocol is an automatic token burn system named “The Fire Pit” which prevents circulating supply from getting out of hand and becoming unmanageable. The Fire Pit burns 2.5% out of all Safuu Token market sales.

How Does Auto-Staking Work?

  1. The SAP Auto-Stake feature is a simple yet cutting-edge function called Buy-Hold-Earn, which provides the ultimate ease of use for $SAFUU holders.

  2. Buy-Hold-Earn — By simply buying and holding a $SAFUU token in your wallet, you earn rebase rewards as interest payments directly into your wallet. Your tokens will increase every 15 minutes.

  3. Using a Positive Rebase formula, Safuu makes it possible for token distribution to be paid directly proportional to the epoch rebase rewards, worth 0.02355% every 15 minute epoch period of the total amount of $SAFUU tokens held in your wallet. The rebase rewards are distributed on each EPOCH (15 minute rebase period) to all $SAFUU holders.

  4. This means that without moving their tokens from their wallet, Safuu holders receive an annual compound interest of 382,945.41% for Year 1.

Safuu Buy and Sell Fees

Safuu buy and sell fees are an important component of the SAP. They provide capital for performing critical functions to the protocol. The amount of the fees (14% for buys and 16% for sells) allows Safuu to provide $SAFUU holders with a stable high yield of 382,945.41% annually.

Buy Trading Fees:

4.0% — LP
5.0% — SIF
2.5% — Treasury
2.5% — Fire Pit

Sell Trading Fees:

4.0% — LP
5.0% — SIF
4.5% — Treasury
2.5% — Fire Pit

SAFUU Token

$SAFUU is the native token for which interest rebase rewards are paid. Every token holder automatically receives 0.02355% interest every 15 minutes just for holding $SAFUU tokens in their own wallet! $SAFUU is a Bep20 token with an elastic supply that rewards its holders with a positive rebase formula, thus creating the Highest Paying Auto-Staking & Auto-Compounding Token.

Competitive Advantages

1_EgHta4Hm_rIIR4IsnsuPxA.jpeg

Conclusion

Safuu is a Defi protocol that is set to outpace bitcoin by paying regular compound interest to all SAFUU token holders of up to 382,945.41% each and every year with a 100% guarantee of execution. There aren’t many guarantees in this world especially when it comes to financing but with Safuu it actually is.

What makes Safuu different is its elegant design of architecture where all the interest cycles are predetermined and hardcoded into the programming of the Safuu protocol itself. Basically put there are EPOCH cycles ready preset and because it’s written into the blockchain smart contract it is completely impossible for any cycle or interest payment to be amended or changed. Investors will receive up to 0.02355% every 15 minutes of interest paid each cycle compounded. Cycles guaranteed, automatic payouts, secure cryptography on the blockchain, and it’s completely decentralized to ensure safety and security.

Read More Here

Website: https://safuu.com/
Twitter: https://twitter.com/safuuprotocol
Medium: https://safuu.medium.com
Discord: https://discord.gg/wNU4unGxt2
Reddit: https://www.reddit.com/r/SAFUU
GitHub: https://github.com/SafuuProtocol/Safuu

Proof of Author

Bitcoin talk Username: Cryptonator7
Bitcoin talk profile link: https://bitcointalk.org/index.php?action=profile;u=3362397
Telegram Username : @supercrypto12
Bep-20 Address : 0x00F6C7066f8030E03F257fB77FF47F30A055Bca5

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!