Stake Protocol introduces a high frequency positive rebase system every 30 minutes up to 137,640.83% APY (2% per day), in addition to the basic faucet income of 1% per day for 365 days. Thus, in total you get up to 3% per day.
The Stake Protocol uses key aspects of previously released protocols. Including transaction fees, daily fee, high frequency positive rebasing, treasury, reservoir/liquidity building, floor protection and more.
However, the advantage of Stake lies in the introduction of a protocol called Net Elastic Rebase Depletion (NERD). In short, this creates a system where those who abuse the ecosystem by constantly dumping money are actually generating net profits for the community and provide a smooth income stream for new and early investors alike.
The Stake faucet permanently locks $STAKE deposits that earn you 1% daily returns. You can increase your balance daily. This will allow you to extend your earnings indefinitely or until the maximum payout is reached.
Rewards, both on the faucet and on the rebase, can be received at any time. To keep the system stable and fair, a tracking system is in place for both gross and net deposits and claims.