ASTAKE FINANCE REVIEW

in #astake3 years ago (edited)

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INTRODUCTION
Sustainability, technology and freedom in finance works together, for these reasons any project that are built and reply on these pillars gets a massive and always winning users' experience.
So, blockchain, DeFi and other new tech as well works together to make sure people are free from traditional setback of the financial system and also give more rooms to earn profit.
This is why when you operate with cryptocurrency, you needs to stake, for you to make gain, build a community and also gets rewarded. An opportunity to belonging to a moving fan for more sustainability, a well defined future and more wins is here, this brings the introduction of ASTAKE .

ABOUT ASTAKE

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The aStake finance platform based online for staking that has a very catchy and big advantage. An automatic mode of operations is been made available, given you a stress free obligation , you don't need to do much work.
The few steps that users needs to carry out are aw follow:-

  • open an account with aStake
  • purchase a coin for staking
  • just relax.
    The follow up maintenance hardware that will manage and expand the network and make sure that you get your rewards within a year will be provided by the aStake platform.

FEATURES OF THE PLATFORM
ASTAKE AUTO-STAKING PROTOCOL (AAP) :-

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Highest Fixed APY

Token holders are provided with a consistent return it fixed high yield worth of 614,91756% APY from their staking, as will as security and simplicity by the AAP. This is used in the $ASTAKE token and it gives the following advantages:-

• Low Risk –Insurance Fund (AIF):- In the aStake insurance fund, a trading fee of 3% from all trading are stored, this helps to back and sustain the staking rewards which helps to reduced downside risk and maintaining price stability.

•The TREASURY:- In the AAP protocol, the treasury is a tool that plays a very serious function. For the ASTAKE growth and sustainability, the treasury serves three main functions:-
The treasury serve as an plus financial support for the AIF. This support system becomes a very important event to check price drop of the $ASTAKE token or a black swan event that is not yet seen. A floor value for the $ASTAKE token is established and created, in the treasury 1-3% is stored.
New ASTAKE product, projects and services can be funded with the use of the treasury and the product will expand provide more value for the ASTAKE community and funds also will be provided for marketing.

• ASTAKE AUTO-LIQUIDITY ENGINE (AALE):- There will be an automatic injection of liquidity into the market by the AALE every 24 hours. A 3% fee that will be automatically stored into Auto-LP wallet for every buy and or sell order and this will be accumulated into the the protocol smart contract which serve as the mechanism that takes 50% of the amount of ASTAKE stored in the wallet smartly, which BNB will be bought at the current price automatically.
For the ASTAKE side liquidity, the 50% of the ASTAKE that was stored into the Auto-LP wallet will then be used.

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CONCLUSION
All these will be done in every 24 hours by the AALE when more and more liquidity is been added to the pool which will give $ASTAKE token holders the chance to easily trade it sell their token at any point in time with no or little market drop. APY will be uphold for the whole life of ASTAKE because AALE will also help to maintain there is a stability in protocol

For more information visit

Website: https://astake.finance
Twitter: https://twitter.com/astake_finance
Discord: https://discord.gg/v8cSqsrNmw
Telegram: https://t.me/astake_finance
Reddit: https://www.reddit.com/r/ASTAKE_FINAN

Author details;

Bitcointalk Username: freny250
Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=2528207

Bsc wallet: 0x1390815F70dC49e2ED190B4DB57C1441b6bf6d89

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