Cairo Finance — a DeFi Yield Farming aggregator and optimizer for Binance Smart Chain with its own deflationary staking system.
Description of the Cairo Finance platform
The Cairo project was created by a team of developers and blockchain specialists. The large decentralized finance (DeFi) ecosystem, especially yield aggregators, has experienced very significant growth in 2020. From there emerged optimization opportunities that the team considered ready to implement. The Cairo protocol was created to provide users with an easy way to automatically earn income from their investments, made through Binance BSC Smart Chain (BSC).
Other features:
| 1. | The farm service, provided by Cairo, is powered by the use of “pools” where people deposit their crypto tokens. |
| 2. | Through automation, Cairo allows individuals to participate in pools, earn farm income and enjoy the benefits of compound interest. |
| 3. | Cairo calculates the most optimal interest rate and automatically reinvests tokens through smart contracts. |
In addition to the rate structure, there is a burn program that burns 0.2-0.4% of the total supply monthly. A portion of the performance fee, generated in the process, goes to CAIRO LP POOL to provide liquidity on the exchanges. The Cairo ecosystem is controlled by the community, which receives a portion of the profits from form performance by staking their own tokens with Cairo Bank.
All of this profit is pooled and distributed throughout the community in the form of rewards. The amount, received by each individual participant, correlates with the number of staked Cairo tokens (in relation to the total amount of the pool in %). You can deposit CAIRO into the Maximizer contract to passively earn a steady daily income of 1% of your deposit (max 365%). Profit can also be increased through regular deposits.
Lottery and other features
Cairo Prediction — a decentralized prediction market that allows users to predict the price of BNB. The entire prediction process is transparent, using smart contracts, and verifiable on the Binance Smart Chain. More networks and cryptocurrencies will be added in the near future, as well as more products.
Playing the CAIRO lottery gives you the chance to win huge BNB prizes! It's simple, fair and you can check in as often as you like as long as you have the BNB to buy your ticket. Lottery ticket price for 1 ticket: ~$5 in BNB. There is no general limit, but only 100 tickets can be purchased at a time. When paying for one ticket, users receive a random combination of 6 numbers, each of which is in the range from 0 to 9, for example. "1-9-3-2-0-4". The more numbers that match, the bigger the prize pool in which you split. The lottery uses Chainlink's VRF implementation for true and safe randomness.