CircleBase Finance is transforming DeFi with CircleBase Finance's auto-staking protocol (CFAP), which provides the industry's highest fixed APY, rebasing rewards every 5 seconds (theoretical maximum rate in BSC) and a simple buy-hold-earn system that increases your briefcase.
About CircleBase Finance
Circle Base Finance provides the $CBF token with automatic staking and interest accrual features and one of the highest fixed APY in the market at 1,284,606.611%. The CBF Auto-Stake feature is a simple and advanced feature, called Buy-Hold-Earn, that provides maximum ease of use for $CBF holders. By simply buying and holding a $CBF token in your wallet, you will receive rebasing rewards in the form of interest payments directly to your wallet.
Your tokens will increase every 5 seconds. The products are based on DeFi and are designed to help you to generate cash flow from your cryptocurrency. 1% of all sold CBF is burned in Inferno. 2% of all CBF traded is converted to BUSD and distributed to xCBF holders.
Other features:
| 1 | Automatic LP 3% of all transactions are returned to liquidity, providing an increase in the collateral value of $CBF. |
| 2 | Risk insurance fund 5% of all traded CBF dollars are redirected to the RIF, which helps to maintain the staking reward, provided by the positive rebase. |
CircleBase Finance uses a complex set of factors to support its price and rebasing fees. It includes a Risk Insurance Fund (RIF), which serves as an insurance fund to achieve price stability and long-term sustainability of the WSF protocol by maintaining a constant rebase rate of 0.00015% paid to all holders of $CBF tokens per block.
Project Treasury
The Treasury plays a very important role in the Circle Base protocol. It provides three extremely important features for the growth and sustainability of $CBF. The Treasury acts as an additional financial support to the RFV.
This helps to set the minimum value of the $CBF token. Treasury can also help to fund new Circle Base products, services and projects that will expand and add more value to the Circle Base community, as well as fund marketing. The 2% BuyFee and 4% SellFee go directly to the Treasury, which maintains the RFV value, and provides the marketing budget for Circle Base development.