INTRODUCTION
Decentralized Autonomous Organizations are different from traditional organizations managed by boards, committees, and executives. In contrast, a Decentralized Autonomous Organization uses a set of rules written in digital code and enforced by a network of computers running shared software. DAO is an institution or organization that is managed by computer algorithms, so it is not controlled by humans directly. To become a member of this organization, users must first join by giving a project of their choice, and donating $STY to invest in this project. Thanks to STY DAO, private investors can profit from the private sale of x100 and own their share of expensive NFTs without any hindrance. In addition, part of the profits from STY DAO are used to grow the STY system, which ensures the longevity and sustainability of STY Finance. STY combines the power of Defi and DAO, creating a one-stop platform that will change the lives of millions of people around the world. Financial decentralization is also related to cryptocurrencies, aka cryptocurrencies, which work within the blockchain system. In simple terms, financial decentralization or DeFi will have an effect on almost many financial industries. In decentralized services, there is an investment instrument that can generate from the assets that we store on a platform that provides staking services. Staking is one of the most popular ways to earn passive income in the crypto asset trading market. Staking is done by storing your assets in a wallet that has a staking service. The stored assets will be locked into a blockchain using a consensus Proof-of-Stake algorithm for a certain period of time. The amount of profit you will earn depends on the price and amount of the crypto asset you lock and the duration you lock the asset. Storm Yield Finance (STY) offers a decentralized financial asset that rewards its holders with sustainable, compound interest income through the use of the unique STY protocol. StormYield Finance is an excellent staking service with unique elements designed to provide great benefits to $STY holders.
About StormYield Finance
StormYield Finance (STY) is sweeping through the Defi world with its unique Storm Yield Protocol, which offers a decentralized financial asset that rewards holders with a sustainable fixed compound interest. Buy-Hold-Earn $STY for the highest fixed APY in Crypto, compounded every 5 minutes. Watch your portfolio grow faster than lighting right in your wallet.
What is DAO?
Decentralized Autonomous Organizations (DAOs) are organizations designed to be automated and decentralized. They act as a form of venture capital fund, based on open-source code and without a centralized management structure.
All transactions of the organization are recorded and maintained on the blockchain. Interests of the members of DAOs are — if honored correctly — heard and executed. Hence, DAOs are transparent and, in theory, incorruptible. All transactions of the organization are recorded and maintained on a blockchain.
StormYield Finance unique elements
StormYield Finance is an outstanding staking service with unique elements designed to bring huge benefits to $STY holders.
STY features
STY made a new innovation to make $STY investors feel secure with financial asset services on the STY platform, with the following instruments investors will not doubt the independent and predictable asset management of their bets.
1. Compouding
The STY Auto-Compound feature uses a simple Hold to Earn mechanism where you can receive rebase rewards as interest payments directly to your wallet by simply holding $STY tokens. STY allows $STY tokens to be paid out proportionally in exchange for rebase epochs. With Crypto's Highest Payout Auto-Staking & Auto-Compounding protocol and APY remains the industry's largest at 669,212.62%, all BSC wallets holding $STY tokens receive an automatic compound interest reward of 0.00838% every 5 minutes.
2. STY Insurance Fund (SIF)
SIF stands for STY Insurance Fund. SIF is a separate wallet in the STY system, which is backed by 5% of the Buy and Sell trading fees collected in the SIF wallet. SIF operates as an Insurance fund consistently paying a 0.00838% rebase rate to all $STY holders every 5 minutes to ensure price continuity, avoid flash crashes and drive long term growth of the STY Protocol.
3. STY treasury
In the event of an extreme price drop or an unprecedented black-swan event, the Treasury will send support to SIF, keeping prices stable and sustainable for the long term.
4. Lightning rod
The Lighting Rod is the original Burning mechanism of the STY Protocol. 2.5%- of all $STY traded is burned on the Lighting Rod. The STY Lightning Shield protects the STY Protocol by reducing the circulating supply, thereby combating positive rebase interest and keeping the protocol sustainable.
5. STY Automatic Liquidity Machine
Liquidity is a pool of money divided 50/50 between $STY tokens and $BNB tokens, allowing anyone to buy & sell their STY/BNB at any time. The STY team designed the STY Auto-Liquidity Engine (SALE) to automatically inject more liquidity into the original Liquidity Pool. A 4% tax fee for each buy and sell order goes to the Auto-LP wallet. Every 48 hours, our locked Smart Contract will take 50% of the $STY saved to buy BNB at the current market price, which is combined with the 50% remaining $STY in the Auto-LP wallet to give a weighting of 50/50 Liquidity STY/ BNB.
6. Long Term Interest Cycle (LIC)
Long-term Interest Cycle (LIC) feature, which allows $STY token holders to enjoy perpetual compound interest. Each Flower Cycle is 5 minutes long and is referred to as an EPOCH.
There were 105,120 EPOCH in 1 year.
EPOCH 1 - 105120: 0.00838% every EPOCH (12 Months First)
EPOCH 105120-157,680: 0.00066% every EPOCH (6 months ahead)
EPOCH 157,680: 0.00006% every EPOCH (Forever until maximum supply is reached
$ STORM YIELD TOKENOMICS
$STY the native token in Storm Yield Fiannce to reward for holders every each 05 minutes.
$STY TOKEN DISTRIBUTION
- Initial Supply: 400,000
- Max Supply: 5,000,000,000
- Fairlaunch: 240,000
- Liquidity: 122,400
TRADING FEES
- Buy: 12% tax
- Automatic LP: 3% of order fees return to liquidity
- STY Insurance Fund: 5% of order fees are stored in SIF
- Treasury: 2.5% of order fees go to the Treasury
- Lightning Rod: 1.5% of $STY is burnt in the Lighting Rod
- Sell: 18% tax
- Automatic LP: 3% of order fees return to liquidity
- STY Insurance Fund: 5% of order fees are stored in SIF
- Treasury: 8.5% of order fees go to the Treasury
- Lightning Rod: 1.5% of $STY is burnt in the Lighting Rod
Roadmap In 2022
Website Development
Official White Paper Documentation
Implementation of Smart Contracts
dApp V1 Dashboard Test Net
Solid Evidence Audit
KYC RugDogs
Mainnet Dashboard dApp V1
Discord, Twitter, Telegram Build Community
PR Marketing
Bounty Campaign
Pre-Launch Marketing
Fair Launch on PinkSale
20 years Locked Liquidity BY PINKLOCK
Twitter - Youtube Marketing Campaign
CoinMarketCap list
Certik App
CoinGecko list
List of DappRadar
Certificate Audit
Airdrop Campaign
5,000 Token Holders
10,000 Token Holders
15,000 Token Holders
STY DAO (in May)
20,000 Token Holders
50,000 Token Holders
Upgrade dApp V2 Dashboard
Partnership
Cross Chain Integration
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Author
Bitcointalk username: bibie16
Bitcointalk profile Link: https://bitcointalk.org/index.php?action=profile;u=1816840
Telegram username: @bibiee16
BEP-20 Wallet Address:
0xd380cC18762eC84E4D9F9bb258E59B8bEb2E5DA5