What Is Astake Finance (ASTAKE)?
Astake Finance takes measures to reduce investor risk by using automatic algorithms to increase the floor price and ensure sustainable APY. Astake provides a decentralized financial asset which rewards users with a sustainable fixed compound interest model through use of it’s unique $ASTAKE. Astake delivers the industry’s highest fixed APY, paid every 10 minutes, and a simple buy-hold-earn system that grows your Astake Finance portfolio in your wallet at a lightning fast pace. Buy $ASTAKE using SWAP protocols at BSC Pancake swap exchanges or similar trading platforms. Hold $ASTAKE in your wallet, AAP protocol will reward tokens by rebase mechanism every 10 minutes. Hold $ASTAKE for a long time with the highest payout in the crypto market. You will have amazing profits after 1 year.
Astake Finance Storage Key Points
| Coin Basic | Information |
|---|---|
| Coin Name | Astake Finance |
| Short Name | ASTAKE |
| Circulating Supply | 1,210,228.71 ASTAKE |
| Total Supply | 300,000 |
| Source Code | Click Here To View Source Code |
| Explorers | Click Here To View Explorers |
| Twitter Page | Click Here To Visit Twitter Group |
| Whitepaper | Click Here To View |
| Support | 24/7 |
| Official Project Website | Click Here To Visit Project Website |
ASTAKE Token
Astake Finance 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. Nothing provided herein shall be deemed to constitute a prospectus of any sort or a solicitation for investment, nor does it in any way pertain to an offering or a solicitation of an offer to buy any securities in any jurisdiction. This web site is not created in accordance with, and is not subject to, laws or regulations of any jurisdiction which are designed to protect investors.
Information provided herein does not constitute an offer, solicitation or sale of the $ASPAY in any jurisdiction in which such offer, solicitation or sale would be unlawful. Some restrictions on purchase of the $ASPAY tokens may apply. Please check with your legal adviser. Certain statements and estimates contained here in constitute forward-looking statements or information. Such forward-looking statements or information involve known and unknown risks and uncertainties which may cause actual events or results to differ materially from the estimates or the results implied or expressed in such forward-looking statements.
Auto-Liquidity Engine
Auto-Liquidity Engine (AALE) will be performed automatically after 24 hours. Astake Finance 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.
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 Finance tokens. The exchange rate and a bonus are not guaranteed and may vary for different purchasers depending on the price of the purchased $ASPAY tokens, the total number of the $ASPAY tokens sold, and other factors.
The Treasury
The treasury functions as additional financial support for the AIF. Astake Finance 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.
Insurance Fund
AIF is the acronym for the Astake Finance 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.
Fire Pit
1% of all Astake Finance 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.
Who is the ASTAKE Team?
The Astake Finance team is made up of 3 blockchain/frontend/backend developers with years of experience between them, and 4 marketing experts and community managers, each with their own unique skillset and experience. They will also be onboarding new team members to help ASTAKE expand and establish the ASTAKE brand after securing successful funding from your presale.
Is $ASTAKE and safe and is it audited?
$ASTAKE is working with Astake Finance audit partners to get audited as soon as possible. $ASTAKE is also safe, because the team is fully committed to the longevity of the project. Liquidity will be locked for 15 years, which means that the project will be rug-proof, just like everyone else.
How do I earn with $ASTAKE?
All you need to do to receive passive income from Astake Finance is to purchase it. $ASTAKE is an auto-staking, auto-compounding protocol, which means you receive rebases just by holding $ASTAKE. All you have to do to receive rebase rewards is hold $ASTAKE. The protocol automatically rewards all holders with auto-compounding rebases.
What is Auto-LP (AALE) and how does it work?
AALE (Astake Auto-Liquidity Engine) is your mechanism to capture and lock liquidity for the pool and stabilize the price of $ASTAKE over time. Every trade is taxed 3% tokens, which are then used to generate new liquidity in the pool. This happens automatically once every 24 hours.
What makes ASTAKE special and is it sustainable?
The Astake Finance protocol has an entirely different more comprehensive mechanism than Titano/Libero or other competitors. Your token supply is far less at only 300,000, auto burn at 1%, auto LP every 24 hours and the factor of rebasing at 10 min intervals provides a more linear progression of sustainability. Market volume will enter revenue into the Treasury as a 1-3% tax aswell as enter an additional 3% into the Astake Insurance Fund which more than offsets the daily interest being awarded. APY will be 100% sustained.
Basically put, the more that is traded on a daily basis, the bigger the Treasury & AIF balance grows automatically to aid with long-term sustainability and future growth. They also have a unique and proprietary Astake Finance Auto-Liquidity Engine (SALE) which automatically injects an additional 3% liquidity every 24 hours automatically to maintain protocol stability and to make sure the APY is upheld for the entire life of Astake. On top of this they have your proprietary LIC model in place where after the first 12 months the interest rate reduces lower over time allowing for our protocol to be stable.
