HOW ASTAKE FINANCE WORK

in #astake3 years ago

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Introduction :
Buy-Hold-Earn: ASTAKE uses a Positive Rebase algorithm to ensure that token distribution is directly proportional to epoch rebase rewards, which are worth 0.0166 percent of the total number of $ASTAKE tokens stored in their wallet every 10 minute epoch period.
AALE (Astake Auto-Liquidity Engine) is a mechanism that captures and locks liquidity for the pool while also ensuring that the price of $ASTAKE remains stable over time. Every trade is assessed a 3% tax in tokens, which are subsequently used to replenish the pool's liquidity. Once every 24 hours, this occurs automatically.
ASTAKE PROTOCOL
Unlike Titano/Libero or other competitors, the ASTAKE protocol uses a completely new and more thorough mechanism. With a token supply of only 300,000, auto burn at 1%, auto LP every 24 hours, and rebasing at 10 minute intervals, we may achieve a more linear trend of sustainability.
Market volume provide money for the Treasury in the form of a 1-3 percent tax, as well as an additional 3% for the Assumption Insurance Fund, which are more than balance the daily interest paid. The Astake Auto-Liquidity Engine (SALE) automatically injects an additional 3% liquidity every 24 hours to preserve protocol stability and ensure that the APY is maintained during Astake's lifetime.
Astake Insurance Fund (AIF): This 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 BENEFITS FOR HOLDING $ASTAKE
The Astake Insurance Fund (AIF) holds 3% of all trading fees, which serves to sustain and back the staking benefits by ensuring price stability and considerably lowering downside risk.
Staking: Because the ASTAKE token is always kept in your wallet, it never needs to be handed over to a third party or centralized authority.
Highest Fixed APY: ASTAKE pays out 614,917.56% in the first year, which is higher than anything else in the DeFi space to date.
Auto Token Burn: One of the most fascinating features of the ASTAKE Protocol is the "Fire Pit," an ongoing token burn system that prevents the circulating supply from becoming unmanageable.

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For More Information:
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

AUTHOR’S INFORMATIONS :
Bitcointalk Username : Lambaz
Bitcointalk profile link :
https://bitcointalk.org/index.php?action=profile;u=3395873
BEP-20 Wallet Address : 0xD5f9dEd853B47c8662c9e5cc3232a36c1D7a5917

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