Launches DeFi Fixed’s first automatic staking

Clerklands, UK – (Newscall PR – April 02, 2022) – ASTAKE is a DeFi development company building next-generation products and services. Their AAP (Astake Auto-Staking Protocol) is the basis for a series of DeFi 2.0 projects starting with the $ASTAKE token which is automatic staking and compounding in your wallet, and offers an industry best fixed 614,917.56% APY. Astake develops projects, products, and protocols that bring cutting-edge benefits to holders of its $ASTAKE utility token.

DeFi has caused a stir among savviest investors, with most agreeing that it has offered some of the richest opportunities in a revolution of sorts and that cryptocurrency has made more millionaires in the past decade than ever before. .

By far, DeFi favors becoming the easiest and most agreed-upon way to make your money work for you in an environment where cryptocurrency holders can lock or stake their tokens and receive higher interest rates than most. thoughts were unrealizable. The tools that DeFi companies use to create these high returns are financial algorithms and token staking strategies called protocols which are made up of Smart-Contracts.

Defi 1.0 introduced several versions of these protocols that attracted billions of dollars in capital and subsequently built many of the most successful brands in crypto. DeFi 2.0 protocols promise token holders greater levels of simplicity and security, and increased fixed returns through staking.

Astake developers have introduced the Astake Auto Staking Protocol (AAP), a DeFi 2.0 protocol that provides a decentralized financial asset, which rewards users with a sustainable fixed compound interest model through the use of its unique proprietary protocol .

AAP (Astake Autostaking Protocol) – Highest Fixed APY

AAP offers tokenholders simplicity, security, and a constant fixed high-yield return of 614,917.56% APY from their stake. It is used in the $ASTAKE token, giving it these industrial advantages:

Low Risk – Insurance Fund (AIF)

3% of all trading fees are stored in the ASTAKE Insurance Fund which helps maintain and sustain staking rewards by maintaining price stability and significantly reducing downside risk.

Cash

The Treasury plays a very important role in Astake’s AAP protocol. It provides three extremely critical functions for the growth and sustainability of ASTAKE.

The Treasury works as an additional financial support for the FIA. This additional support can become important in the event of an extreme drop in the price of the $ASTAKE token or an unforeseen black swan event. It is useful to establish a floor value for the $ASTAKE token. 1-3% of all trading fees are stored in the Treasury.

Cash can also be used to fund new ASTAKE products, services and projects that will grow and bring more value to the ASTAKE community, as well as fund marketing.

Astake’s Automatic Liquidity Engine (AALE)

Every 24 hours, our Astake Automatic Liquidity Engine (AALE) will automatically inject liquidity into the market. On every buy or sell order, there is a 3% tax fee which is automatically stored in an Auto-LP wallet and integrated into our protocol’s smart contract is the mechanism that intelligently takes 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 the liquidity, giving an equal 50/50 weighting of ASTAKE/BNB which will then be automatically added as additional new liquidity in the pair market and increase the amount of liquidity in the pool.

AALE will do this every 24 hours adding more and more liquidity to the pool, allowing $BUY token holders to easily sell their tokens at any time with little to no market slippage. This will also help maintain protocol stability to ensure the APY is maintained for the lifetime of Astake.

Hearth: automatic token burning

One of the interesting features of the ASTAKE protocol is an automatic token-burning system called “The Fire Pit”, which prevents the circulating supply from spiraling out of control and becoming unmanageable. The Fire Pit burns 1% of all sales from the $ASTAKE Token market.

Staking – easy and safe

The ASTAKE token always stays in your wallet; it does not need to be entrusted to a third party or a centralized authority. All you have to do is BUY AND STORE as you automatically receive rewards in your own wallet so there are no more complicated wagering processes.

Prompt payment of interest

the STAKE The protocol pays each ASTAKE token holder every 10 minutes or 144 times per day, making it the fastest autodial protocol in crypto.

vision mission

Our mission and vision is to revolutionize the reward generation mechanism with our first-ever unique protocol that has advanced profitability. ASTAKE Finance is equipped with innovative technologies and features that other forks lack. Our goal is to provide a protocol for automatic staking and multiplication of rewards in the crypto space. The ASTAKE is the future of the traditional staking system.

Official links:

Website: https://astake.finance

Twitter: https://twitter.com/atake_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

Email: [email protected]

Warning:

The information provided in this press release is not investment advice, financial advice or trading advice. It is recommended that you exercise due diligence (including consulting a professional financial adviser before investing or trading in securities and cryptocurrencies.

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