Hello friends, in this article I will explain about the Safuu Auto-Staking Protocol. Safuu provides decentralized financial assets that reward users and before proceeding we must know what decentralized finance is.
There is a lot of hype, buzz, skepticism, confusion, and excitement surrounding decentralized finance aka “DeFi,” an ecosystem of blockchain-enabled products and services that replace traditional financial intermediaries with freely accessible, autonomous, and transparent software.
While it's still early days for DeFi (only a few years), the associated economy is already huge and has consequences: Ethereum, the backend infrastructure for DeFi, completed approximately $1.5 trillion in transactions last quarter, or 50% of Visa's payment volume; decentralized money markets issue billions of dollars in loans every month; and individuals and businesses use platforms such as the Uniswap protocol to trade volumes around 30% the size of Coinbase. [Disclosure: I work for Uniswap Labs, which helped create the protocol.]
Since there is so much interest in this trend from entrepreneurs, corporate leaders, policymakers, and institutions large and small, I will try to explain the features and benefits of DeFi, outline some of the challenges ahead, and consider the path to mainstream acceptance and adoption.
Safuu provides a decentralized financial asset that rewards users with a compound interest model.
Compound interest is principally given based on the initial capital and the accumulation of interest from the previous period, so that the interest rate for each period is not the same. So we can conclude that compound interest is interest that is calculated based on the initial principal, which also includes all accumulated interest from deposits or loans from the previous period.
In simple terms, when you save in a bank, with compound interest rates, the interest calculation you will receive is the initial capital of your savings, plus the accumulated interest that you get in each period.
Safuu rewards users with a continuous compound interest model through the use of the unique SAP protocol.
Safuu provides 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 very quickly.
ʻAll Safuu holders are rewarded with automatic compound interest which is paid every 15 minutes.
•How much can I earn
At the end of the year and with $1,000 USD of $SAFUU invested, You can earn up to $3,830,454.12 USD of $SAFUU at 382,945.41% APY.
•How the SAP works
☆ $SAFUU is the native token 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.
☆ Crypto’s Highest Paying Auto-Staking and Auto-Compounding Protocol with the greatest fixed APY in the industry of 382,945%. Interest rewards are compounded every 15 minutes for every BSC wallet holding any $SAFUU tokens.
☆ Safuu Insurance Fund (SIF) The SIF serves as an insurance fund to achieve price stability and longterm sustainability of the Safuu Protocol by maintaining a consistent 0.02355% rebase rate paid to all $SAFUU token holders.
☆ The Treasury provides support to the SIF in the event of an extreme price drop in the $SAFUU token. The Treasury also funds investments, new Safuu projects and marketing for Safuu.
☆ The Fire Pit
2.5% of all $SAFUU traded are burnt in the Fire Pit. The more that is traded, the more get put into the fire causing the fire pit to grow in size reducing the circulating supply and keeping the Safuu protocol stable.
For more details, please visit the link:
https://safuu.com/ https://safuuprotocol.gitbook.io/safuuprotocol/ https://twitter.com/safuuprotocol https://discord.gg/j535Tp4cxj https://www.reddit.com/r/SAFUU/https://safuu.medium.com/ https://github.com/SafuuProtocol/Safuu https://t.me/Tokensfund_io
Writer
Forum Username: Fabulouse
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=3409969
BSC wallet address: 0x1782B339d00e837cAf267dA406EdbF676f4100E2