Trophy Protocol provides a decentralized financial asset such as Multi-Chain token exchange, using low fees and providing stable APY to stakers, using the TAP protocol.
The Trophy Auto-Staking Protocol (TAP) — a new financial protocol that makes betting easier and more efficient. It awards $TROPHY token holders with the highest stable returns.
Trophy — a company, focused on DeFi innovation that creates benefits and value for Trophy token holders. The TAP algorithm, used in the Trophy token, provides $Trophy holders with exceptional benefits:
- Trophy Insurance Fund (TIF) - 4% of all trading fees are held in the Trophy Insurance Fund. This fund maintains price stability and greatly reduces downside risk.
- Automatic burning of tokens. One of the great features of the Trophy Protocol - the automatic token burning system, called “The Furnace”, which prevents circulating tokens from running amok and out of control. The Furnace burns 1.5% of all trophy token sales on the market and is burned in the same single transaction.
TAP uses a complex set of factors to support its price. It includes the Trophy Insurance Fund (TIF), which serves as an insurance fund to achieve price stability and the long-term sustainability of the Trophy Protocol.