What Is Astake Finance (ASTAKE) ?
Astake Finance 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 portfolio in your wallet at a lightning fast pace.
Astake Finance 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.
Astake Finance (ASTAKE) Storage Key Points
|Coin Name||Astake Finance|
|Circulating Supply||874,422.46 ASTAKE|
|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|
|Official Project Website||Click Here To Visit Project Website|
How It Work?
Astake Finance Buy $ASTAKE using SWAP protocols at BSC Pancakeswap exchanges or similar trading platforms.
Astake Finance Hold $ASTAKE in your wallet, AAP protocol will reward tokens by rebase mechanism every 10 minutes.
Astake Finance Hold $ASTAKE for a long time with the highest payout in the crypto market. You will have amazing profits after 1 year.
Key To Success
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!
Astake Finance 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.
Astake Finance 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.
Astake Finance 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.
Astake Finance 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.
Astake Finance 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.
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 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.