ASTAKE is a decentralised financial asset
I hope you guys are well. I am back with a decentralized autocompounding crypto project called ASTAKE. Today I will explain all of the features of ASTAKE. I hope you guys will love to check out this project.
What is ASTAKE?
ASTAKE is a decentralised financial asset which utilizes on AAP protocol that rewarded users with a sustainable fixed compound interest model. The Auto-Staking Protocol (AAP) is a revolutionary financial protocol that makes staking easier and more efficient while also providing $ASTAKE token holders with the most consistent profits in the crypto world.
KEY FEATURES OF ASTAKE:
Highest APY:
ASTAKE claims Astake is bringing the highest average ever seen in the market. They will give you 614,917.56% for a one-year period. Not only that, they will give us our apy reward every 10 minutes. Because it will be a decentralized auto-compounding system that will generate a worth 0.0166% apy and send it to our address every 10 minutes.
Trading Fees:
Their fee system is a little different, meaning when we buy a token we have to pay fees and when we sell our token we have to pay fees. According to them, they will charge us 8% when we buy tokens and then charge us 10% when we sell our tokens. And these fees will not be transferred to the team wallet; instead, they will charge these fees, and due to the decentralized mechanism, the fee amount will be linked to these features, allowing users to benefit more and the price to become more stable.
BUY/SELL FEES OF ASTAKE:
BUY/SELL FEES UTILITIES:
Buy Fees:
Sell Fees:
AUTO BURN:
There is only one burn mechanism. And according to the team, this is an auto-burn mechanism. Let me explain that on other platforms, the team will only decide when the token should be burned. But in Astake, the team has no control over the burning because they don’t have any plan. They put it on the blockchain and the token will be burned when a trade is done. That means when we do any trade, no matter if it is buy or sell, the decetralize mechanism will automatically burn 1% of any trade amount. So this is the way the auto-burn mechanism will work.
Staking:
There is no manual staking system. The staking system is auto. It is like a holder reward too, but the team claims it is auto staking too. For example, if we buy any amount of token and hold it for 10 minutes, we will receive our auto-compunding apy amount as an interest rate of worth 0.0166%.
Insurance:
Insurance, which is called the Astake Insurance Fund (AIF). This system will help with price stability. Though there is high apy, that means there will be panic sellers, so results might be lower than expected. To keep the users safe from this price, this AIF will be used for price stability.
Liquidity Locked:
Astake announced their locked liquidity time period. We know that liquidity is much more important to conducting any trade. If a project doesn’t have liquidity, there won’t be price stability. Astake will be locked out of their liquidity via the unicrypt network for 15 years via pinklock. And that will help us to get the best possible swapping experience and help stabilize the price.
TOKENOMICS:
PinkSale Details:
PinkSale will be held for the initial supply of $ASTAKE tokens. means the initial supply, which is 300,000 $ASTAKE tokens. Not only that, the whole 300,000 tokens won’t be available for PinkSale. This initial supply will be divided into 3 parts, where 182,104 will be for PinkSale, 90,535 will be for 51% liquidity match on pancakeswap and the remaining 34,326 will be used for marketing.
There will be FairLaunch So no whitelist benifits.
ROADMAP:
Conclusion:
Astake is a decentralized financial asset that uses its own proprietary AAP protocol to reward users with a sustainable fixed compound interest model. The Auto-Staking Protocol (AAP) is a new financial protocol that makes staking easier, more efficient, and awards $ASTAKE token holders the highest stable returns in crypto. Astake is a company focused on DeFi innovation that creates benefits and value for Astake token holders, and the Auto-Staking Protocol (AAP) is a new financial protocol that makes staking easier, more efficient, and awards Astake token holders the highest stable returns.
If astake project deliver on their promises, it could be a game changer for investors, in my opinion. But before that, do your research at your best and take the decision at your own risk.
To know more information & all upcoming update news about this I strongly suggest everyone check out their official handle.
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