Astake Overview-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

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. 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. 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. 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. 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. 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.

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:

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%

The Treasury

Astake 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.

Roadmap

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• 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
• 
  
• Website https://astake.finance/ Telegram https://t.me/astake_finance Twitter https://twitter.com/astake_finance Discord https://discord.com/invite/XNfDwv76ca wp https://wp.astake.finance/

• Forum Username:  Boniface8989 Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=3379819 Telegram Username: @baldricc Participated Campaigns:  video Wallet Address: 0x80a15304B86bB4117B2866166e67e254464454CB