ASTAKE

 

New Financial Protocol That Makes Staking Easier, More Efficient

Introduction

The increasing maturation of digital technologies coupled with the speed of evolution in regulation and consumer expectations implies that organizations in the financial sector are under pressure to provide best-in-class customer experiences, optimize costs, create new revenue streams and develop secure & compliant systems .

Decentralized Finance (DeFi) has seen an explosion of new types of financial products on the blockchain. We have covered yield farming, Bitcoin tokenized on Ethereum, Uniswap, and flash lending. One other segment of the crypto space that is interesting to watch is elastic supply tokens, or rebase tokens.

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.

What is ASTAKE?

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 It Work?

Buy

Buy $ASTAKE using SWAP protocols at BSC Pancakeswap exchanges or similar trading platforms.

Hold

Hold $ASTAKE in your wallet, AAP protocol will reward tokens by rebase mechanism every 10 minutes.

Earn

Hold $ASTAKE for a long time with the highest payout in the crypto market. You will have amazing profits after 1 year.

ASTAKE FEATURES

1. ASTAKE Token :

$ASTAKE is the native token which interest rebase rewards are paid. Every token holder automatically receives 0.0166% interest every 10 minutes just for holding $ASTAKE tokens in their own wallet!

2. Auto-Liquidity Engine :

(AALE) will be performed automatically after 24 hours. For each buy or sell transaction, a tax fee of 3% is stored in the Auto-LP wallet, then automatically adds 50% to the liquidity and the remaining 50% will buy BNB at the current market price to balance the Pool.

3. Auto-Compounding :

Cryptocurrency’s highest Auto-Staking and Auto-Compounding protocol with industry’s largest fixed APY of 614,917.56%. Interest rewards are accrued every 10 minutes for each BSC wallet holding any $ASTAKE tokens.

4. The Treasury :

The treasury functions as additional financial support for the AIF. This additional support can become important in the event of an extreme price drop of the $ASTAKE token or unforeseen black-swan event. It helps to establish a floor value for the $ASTAKE token.

5. Insurance Fund :

AIF is the acronym for the ASTAKE Insurance Fund which is a separate wallet in ASTAKE’s AAP system. The AIF uses an algorithm that backs the Rebase Rewards and is supported by a portion of the buy and sell trading fees that accrue in the AIF wallet.

6. Fire Pit :

1% 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, reducing the circulating supply and keeping the ASTAKE protocol stable.

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: https://bscscan.com/address/0xBC6346728490fD3f21a1D59b95AAAE4A39a0058F

Audit by Solidity: TBA

Tokenomics

Initial Supply - 300,000

Max Supply - 3,000,000,000

Available to Purchase on PinkSale Pre-Launch - 182,104 $ASTAKE

Tokens for Liquidity - 83,570 $ASTAKE

Token Breakdown - 90,535 will be used for PancakeSwap to match 51% liquidity and remaining 34,326 will be used for marketing inc:

Bounty Campaign (25,000), Airdrop (5000), Community Giveaways (4,326)

How do I earn with $ASTAKE?

All you need to do to receive passive income from $ASTAKE is to purchase it. $ASTAKE is an auto-staking, auto-compounding protocol, which means you receive rebases just by holding $ASTAKE.

The amount of the fees (8% for buys and 10% for sells) allows ASTAKE to provide $ASTAKE holders with the stable high yield of 614,917.56% annually.

Stake provides the industry’s highest fixed APY, paid every 10 minutes, and a simple buy-hold-earn system that grows your $ASTAKE portfolio in your wallet at lightning speed.

#ASTAKE #autostaking #autocompounding

#Crypto #investments #investor #moneychallenge #defiyield #Definews #BSC #DeFi #Farm

Author

Bitcointalk Username: Empuh Gandring

Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=3239936

Telegram Username: @Empuhgandring

BEP20(BSC) Wallet Address: 0x7F18085b1c0fcca8A0F2751ED735045C8A2FCd13

Proof of Authentication: https://bitcointalk.org/index.php?topic=5392985.msg59794040#msg59794040

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