ASTAKE | Company focused on DeFi innovation that creates benefits and value for ASTAKE token holders.

Introduction

Decentralized finance or DeFi brought about a revolution in the financial industry. With the help of the DeFi website, cryptocurrency holders can secure their tokens and earn interest rates that most people believe are unattainable.

Financial algorithms and token staking tactics known as protocols are the tools DeFi companies use to make these huge profits.

In Defi 1.0, many new protocols were developed, many of which have attracted investments of tens of billions of dollars and helped launch many of the most successful cryptocurrencies. The DeFi 2.0 protocol guarantees token holders a better level of simplicity and security, and the largest fixed returns from staking.

ASTAKE FINANCE provides a decentralized financial asset which rewards users with a sustainable fixed compound interest model through use of it’s unique AAP protocol.
The ASTAKE Auto-Staking Protocol (AAP for short) is a new financial protocol that makes staking easier, more efficient and awards $ASTAKE token holders the highest stable returns in crypto.
AAP gives the ASTAKE token automatic staking and compounding features, and the highest Fixed APY in the market at 614,917.56% for the first 12 months.

ASTAKE is a company focused on DeFi innovation that creates benefits and value for ASTAKE token holders. Our ASTAKE protocol that is used within the ASTAKE token grants exceptional benefits for holders of $ASTAKE:

• Insurance Fund (AIF) – 3% of all trading fees are stored in the Astake Insurance Fund which helps sustain and back the staking rewards by maintaining price stability and greatly reducing downside risk.
• Safe Staking – The ASTAKE token always stays in your wallet so 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’s no more complicated staking processes at all.
• Automatic Payments – You need not be worry about having to re-stake your tokens. Interest yield is paid automatically and compounded in your own wallet, guaranteeing you will never miss a payment.
• Highest Fixed APY – ASTAKE pays out at 614,917.56% in the first 12 months which rivals anything in the DeFi arena to date. After the first 12 months the interest rate drops over a predefined Longterm Interest Cycle period.
• Rapid Interest Payments – The ASTAKE Protocol pays every ASTAKE Token holder each and every 10 minutes or 144 times each day, making it the fastest auto-compounding protocol in crypto.
• Auto Token Burn – One of the exciting features of the ASTAKE Protocol is an automatic token burn system named “The Fire Pit” which prevents circulating supply getting out of hand and becoming unmanageable. The Fire Pit burns 1% out of all ASTAKE Token market sales and is burned in the same individual transaction.The AAP uses a complex set of factors to support its price and the rebase rewards. It includes the Astake Insurance Fund (AIF) which serves as an insurance fund to achieve price stability and longterm sustainability of the ASTAKE Protocol by maintaining a consistent 0.0166% rebase rate paid 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 staking and rewards system for $ASTAKE holders.

How Does Astake Protocol Work?

The AAP Auto-Stake feature is a simple yet cutting-edge function called Buy-Hold-Earn, that provides the ultimate ease of use for $ASTAKE holders.

Buy-Hold-Earn – By simply buying and holding $ASTAKE token in your wallet, you earn rebase rewards as interest payments directly into your wallet. Your tokens will increase every 10 minutes.

Using a Positive Rebase formula, ASTAKE makes it possible for token distribution to be paid directly proportional to the epoch rebase rewards, worth 0.0166% every 10 minute epoch period of the total amount of $ASTAKE tokens held in your wallet. The rebase rewards are distributed on each EBASE (10 minute rebase period) to all $ASTAKE holders.

This means that without moving their tokens from their wallet, ASTAKE holders receive an annual compound interest of 614,917.56% for Year 1.

The interest rebase rate then reduces after the first 12 months: Click Here. https://wp.astake.finance/



FEATURES

1. Astake Insurance Fund : AIF (Astake Insurance Fund) is the acronym for the Astake Insurance Fund which is a separate wallet in Astake’s AAP system.
2. The Treasury : The Treasury is a very important role in Astake’s AAP protocol. It provides three extremely critical functions for the growth and sustainability of ASTAKE.
3. The Fire Pit : 1% of all $ASTAKE traded are burnt in The Fire Pit.
4. Auto-Liquidity Engine : Market Liquidity is of utmost importance and plays a vital role in allowing the buy & sell of $ASTAKE tokens on PancakeSwap.
5. APY Fixed : APY stands for Annual Percentage Yield. This measures the real rate of return on your principal amount by taking into account the effect of compounding interest.
6. APY Calculate : Simple Interest Equation (Principal + Interest)
7. Longterm Interest Cycle : Long-term Interest Cycle component which will award $SUUPER token holders with continued compound interest in perpetuity.

ASTAKE Token

$ASTAKE is a BEP-20 token which rewards its holders with automatic passive interest payments every 10 minutes over the lifespan of 15 years until the maximum supply of 3M tokens has been reached.
Is ASTAKE just another Titano Fork?
Our entire protocol’s smart contract was written and developed from scratch from our own competent group of developers. It does not contain any resemblance to Titano’s code or operation as ASTAKE works on a completely new set of mechanics which allows for complete protocol sustainability.
We also have several proprietary mechanisms in place that we have created ourselves which offers many improvements over our competition such as; our Astake Auto-Liquidity Engine (AALE), the Astake Insurance Fund (AIF), our Longterm Interest Cycle (LIC), aswell as safeguards in place which secure against malicious hack attempts.
Astake’s tokenomics are also completely unique with our Auto-Burn Fire Pit structure, minimal starting supply and lower 10 minute Epoch’s for a much more linear APY progression of attainability.
Smart Contract: TBA
Audit by Solidity: TBA

Buy and Sell Fees

ASTAKE buy and sell fees are an important component of the AAP. They provide capital for performing critical functions to the protocol.

Trading Fees Explained

Buy Trading Fees:

• 3.0% – Auto-LP
• 3.0% – AIF
• 1.0% – Treasury
• 1.0% – Fire Pit

Sell Trading Fees:

• 3.0% – Auto-LP
• 3.0% – AIF
• 3.0% – Treasury
• 1% – Fire Pit

Placement:

Auto-LP – Trading fees
goes to backing the liquidity of the BNB/ASTAKE pair on PancakeSwap ensuring an ever-increasing collateral value of $ASTAKE.
AIF – Trading fees are stored in the ASTAKE Insurance Fund which helps sustain and back the staking rewards provided by the positive rebase.
Treasury – Trading fees go directly to the treasury which supports the AIF and provides a marketing budget for ASTAKE and funds new product development.
Fire Pit – 1.0% of all $ASTAKE 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, larger and larger through self fulfilling auto-compounding which in return acts to reduce the circulating supply of $ASTAKE and keeping the Astake protocol stable.

#ASTAKE #defiyield #defiproject #bscgems #APY

Official Link

• Website: https://astake.finance/
• Twitter: https://twitter.com/astake_finance
• Telegram: https://t.me/astake_finance
• Telegram Bounty: https://t.me/Tokensfund_io
• Discord: https://discord.gg/XNfDwv76ca
• Whitepaper: https://wp.astake.finance/
• https://bitcointalk.org/index.php?topic=5392985.msg59795917#msg59795917

Author

Bitcointalk Username: Purwanto tegal ke1

BitcoinTalk Profile URL: https://bitcointalk.org/index.php?action=profile;u=2380098

Telegram Username: @purwanto

Participated Campaigns: Article

Bep20: 0xaC1a0d3aaabfFd7cbc6a16cFB2aFf6E508E17E13