Astake Finance (The Best Auto-Staking & Auto-Compounding Protocol)

Astake Finance — The Best Auto-Staking & Auto-Compounding Protocol APY Fixed 614,917.56% Rebase 10 mins | 144 times/day | ROI 0.02419% Daily

#StakingRewards #Staking #Farming #Autocompounding #autostaking #BSC #BNB #Crypto #Binance #Cryptonews #DeFi #Altcoins #ASTAKE #SAFUU #TITANO

Astake Overview

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:

  1. 1.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.
  2. 2.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.
  3. 3.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.
  4. 4.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.
  5. 5.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.
  6. 6.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: https://wp.astake.finance/

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.

Other protocols utilize selling bonds to support the same functions as ASTAKE fees, but we believe that approach is riskier because if bonds are not purchased, the token can lose its support and spiral downward in price as we have seen with several of these bond based protocols.

Selling bonds also costs token holders. It reduces the amount of APY that can be offered and eliminates the ability to offer a stable APY.

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%

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.

Tokenomics Astake

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).

Roadmap

Website Development

Whitepaper Documentation

Build Phase — Smart Contract

Build Phase — dApp V1 Dashboard

Deployment Phase — Smart Contract — Testnet

Solidity Finance Audit

Deployment Phase — Smart Contract Deployment — Mainnet

Deployment Phase — dApp V1 Dashboard

Initiate and Promote Discord Community

PR Marketing

Bounty Campaign

Pre-Launch Marketing

Fair Launch on PinkSale

PinkLock Liquidity Locked 15 years

Twitter Marketing Campaign

YouTube Marketing Campaign

CoinMarketCap Listing

Certik Application

Certik Listing

Certik KYC

Certik Audit

CoinGecko Listing

DappRadar Listing

Airdrop Campaign

SEO

Build Phase — dApp V2 Dashboard

Deployment Phase — dApp V2 Dashboard

On Ramp Integration

Cross-Chain Integration

Partnerships

Development Mobile Application iOS and Android

Launch Alpha Version Mobile Application iOS and Android

DAO

Merchandising

NFT Collections

ASTAKE Finance Official Link:

Website: https://astake.finance

Twitter: https://twitter.com/astake_finance

Telegram: https://t.me/astake_finance

Medium: https://astake.medium.com/

Discord: https://discord.gg/XNfDwv76ca

Reddit: https://www.reddit.com/r/ASTAKE_FINANCE/

GitHub: https://github.com/AstakeFinance

Email: info@astake.finance

Author

Forum Username: Radit Aditya

Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=3398606

Telegram Username: @Raditaditya0706

BEP-20 Wallet Address: 0xfc0f5E2D84170a19Dbd7b287061bE8261d273257

Proof of Authentication Post

https://bitcointalk.org/index.php?topic=5392985.msg59788791#msg59788791

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