Astake Finance | The Best Auto-Staking & Auto-Compounding Protocol in Crypto

 

The Best Auto-Staking & Auto-Compounding Protocol in Crypto

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.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.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.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.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.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.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 Insurance Fund

AIF (Astake Insurance Fund) 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.

In simple terms, the staking rewards (rebase rewards) which are distributed every 10 minutes at a rate of 0.0166% are backed by the AIF parameter, thus ensuring a high and stable interest rate to $ASTAKE token holders.

3% of all trading fees are stored in the Astake Insurance Fund which helps sustain and back the staking rewards provided by the positive rebase.

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.

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.

The treasury may also be used to fund new ASTAKE products, services, and projects that will expand and provide more value to the ASTAKE community aswell as providing funding for marketing.

The 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.

The other benefit to an everlasting burn of circulating supply is that due to the deflationary nature of it, equates to a higher value of each $ASTAKE token, therefore increasing the individual value.

Auto-Liquidity Engine

Market Liquidity is of utmost importance and plays a vital role in allowing the buy & sell of $ASTAKE tokens on PancakeSwap.

In layman’s terms, think of Liquidity as a big pool of money that is split 50/50 between $ASTAKE tokens VS $BNB tokens. There is a conversion ratio that is set to the amount of $ASTAKE you can get with BNB.

When somebody buys ASTAKE, the price per ASTAKE will go up and the ratio above will also change at the same time to account for this. The same goes in the opposite direction for sells.

Liquidity allows for anybody to buy & sell their ASTAKE/BNB at anytime, however the less money/liquidity there is in the pool, the worse price you get so what our Astake Auto-Liquidity Engine (AALE) does, is add more liquidity to that pool by itself and therefore solving that issue.

How It Work?

Every 24 hours our Astake Auto-Liquidity Engine (AALE) will inject automatic liquidity into the market. On each buy or sell order there is a 3% tax fee that automatically gets stored into an Auto-LP wallet and built into our protocol’s smart contract is the mechanism which smartly takes the 50% of the amount of ASTAKE stored in the wallet, and will automatically buy BNB at the current market price.

The remaining 50% of ASTAKE in the Auto-LP wallet will be used for the ASTAKE side of liquidity, therefore giving equal an 50/50 weighting of ASTAKE/BNB which will then be automatically added as new, additional liquidity into the market pair and raising the amount of liquidity in the pool.

The AALE will do this every 24 hours by adding more and more liquidity to the pool which will allow $ASTAKE token holders to easily sell their tokens at anytime with little to no market slippage. It will also aid in maintaining protocol stability to make sure the APY is upheld for the entire life of ASTAKE.

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. In the case of ASTAKE, your $ASTAKE tokens represent your principal, and the compound interest is added periodically on every Rebase event (Every 10 minutes), otherwise known as an ‘Epoch’.

Your new principal amount is your then current ASTAKE token amount, plus your new rebase token amount. This total amount is what gets calculated for your next rebase rewards.

The Power of Compound Interest — It is important to note that your balance will grow not linearly but exponentially over time. Taking a compound interest of 0.0166% / 10 minutes:

EXAMPLE 1: If you started with a balance of only 1 $ASTAKE on day 1, after a year, your balance will have grown to 6.150,27 $ASTAKE.

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.

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

Pre-Launch Sale

Pre-Launch PinkSale: TBA

We will follow a Fair Launch and comply to Fair Launch Rules where everyone will be able to acquire $ASTAKE tokens in an equal way on the PinkSale platform using BNB.

Fair Launch:

Whitelist — There is no whitelisting required. Everybody will have an equal chance to buy $ASTAKE on PinkSale at release time. First come, first serve. Once our Hardcap is reached, there will be no further available investment at the Pre-Launch rate. The only way to buy $ASTAKE will be on PankcakeSwap upon public market release via the $ASTAKE/BNB pair.

PancakeSwap Listing — After initial Pre-Launch funding has completed we will go to market by creating the $ASTAKE/BNB liquidity pair within 36 hours.

Pre-Launch funds will be used to create the PancakeSwap $ASTAKE/BNB liquidity pair. This liquidity will be locked for 15 years via trusted PinkLock.

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).

PinkSale Pre-Launch:

Soft Cap — 50 BNB

Hard Cap — No limit

Minimum Purchase — 0.1 BNB

Maximum Purchase — No limit

PancakeSwap Launch:

Launch Time: After Pre-sale 30 minutes

NO TEAM TOKENS — The ASTAKE Team will NOT hold any tokens. The only tokens owned by the Treasury will be collected via accumulating trading fees. We are committed to the longevity of the project and thus the $ASTAKE team cannot dump on you.

NO EXTRA MINT OR HIDDEN TOKENS — The $ASTAKE smart contract has NO ability to mint extra tokens nor can the supply be manually increased or used in an artificial way to change the initial supply by awarding ourselves free tokens. The initial supply is 305,000 tokens only (please see the breakdown above).

NO RUG PULL — Liquidity will be locked for 15 years via trusted PinkSale.Finance which cannot be touched or released early. (This means that you as a token holder will ALWAYS have the freedom to buy/sell whenever you like without restrictions or complications — your tokens that you buy are yours and remain in your wallet always and are never ‘locked’).

NO BOTS — All front run and sniper bots will be instantly blocked by the ASTAKE smart contract by the blacklist feature. Our smart contract cannot block normal wallets, only contracts ie bots.

Socials Link:

Discord: https://discord.com/invite/vpCQr4cQEV

Twitter: https://twitter.com/astake_finance

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

Telegram: https://t.me/astake_finance

Github Source: https://github.com/AstakeFinance

Medium: https://astake.medium.com

AUTHOR

Forum Username: bimbimabimanyu
BSC Wallet Address: 0xDBFC561A3202DeFB76980c5E9dAB98386e0fcEDb

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