Astake Finance provides a decentralized financial asset that rewards users with a sustainable fixed compound interest model through the use of a unique AAP protocol.
About Astake Finance
The ASTAKE autostaking protocol (abbreviated as AAP) - a new financial protocol that makes staking easier and more efficient and provides $ASTAKE token holders with the highest stable returns in cryptocurrency. AAP provides the ASTAKE token with automatic staking and interest accrual features, as well as the highest fixed APY on 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.
The ASTAKE protocol, used in the ASTAKE token, provides exceptional benefits to $ASTAKE holders:
| Insurance Fund (AIF) | 3% of all trading fees are held in Astake's insurance fund, which helps to maintain and sustain staking rewards while maintaining price stability and greatly reducing downside risk. |
| Secure staking | The ASTAKE token always remains in your wallet, so it does not need to be transferred into the hands of third parties or centralized authorities. |
| Automatic payments | You don't have to worry about having to re-stake your tokens. Interest income is paid automatically and accumulated in your own wallet, ensuring you never miss a payment. |
ASTAKE is paid in the amount of 614,917.56% during the first 12 months. This rivals anything in the DeFi arena to date. After the first 12 months, the interest rate falls over a predetermined period of the long-term interest cycle. One of the great features of the ASTAKE protocol is an automatic token burning system, called "The Fire Pit", that prevents the circulating supply from getting out of hand and being managed. The Fire Pit burns 1% of all market sales of ASTAKE tokens and is burned in the same single transaction.
More about defi app
$ASTAKE — a BEP-20 token that rewards its holders with automatic passive interest payments every 10 minutes for 15 years until the maximum supply of 3M tokens is reached.
It includes the Atake Insurance Fund (AIF), which serves as an insurance fund to achieve price stability and long-term sustainability of the ASTAKE protocol by maintaining a constant rebase rate of 0.0166%, paid to all $ASTAKE token holders every 10 minutes. The ASTAKE development team has coordinated all of these elements together so they work seamlessly behind the scenes. The result is a simple and elegant staking and reward system for $ASTAKE holders.