THE SIGNIFICANCE OF THE ASTAKE FIRE PIT TO CRYPTO TRADING

in #astake2 years ago

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Trading in the crypto market requires great timing and making right decisions on which coin to buy or sell. To maximize the various opportunities that arise in this volatile market having the right coin is important. One coin that offers investors an interesting prospect is the Astake token.

The Astake token provides investors with the highest stable returns on crypto currency. Also, the Astake token has its Astake Automatic staking protocol which makes staking of interest easier and generally more effective.

More importantly, the Astake token offers one of the highest APY in the crypto market at 614,917.56%. It offers this APY for the initial 12 months. The Astake token also ensures sustainability of its liquidity pool using its various features.

WHAT IS THE ASTAKE FIRE PIT
The Astake token has various features which can aid traders in making the most of trading crypto. Although, its auto-staking and auto-compounding features would appease investors, the Astake token has other features that makes it unique.

One of these features is the Astake fire pit. For every Astake token traded, 1% is burnt in the Astake's fire pit. This means that the more Astake token traded, the more the fire pit thrives. The Astake Fire pit performs this action through self-fulfilling auto-compounding which reduces the circulating supply.
The Astake fire pit helps to ensure stability of the Astake platform/protocol by controlling the circulation of the Astake token. It helps to maintain the value of the Astake token in the crypto market.

This feature helps guarantee holders of the long-term project of the Astake token.
Another benefit of the Astake Fire pit is that due to its deflationary nature, it increases individual value by equating a higher value of each Astake token. Its everlasting burn helps to ensure high value of the Astake token.

HOW DOES THE ASTAKE TOKEN ENSURE SUSTAINABILITY?
When buying the Astake tokens on the PancakeSwap, market liquidity plays a vital role. It allows users trade the Astake token. To ensure sustainability, the Astake token injects automatic liquidity with its Astake Auto-Liquidity engine (AALE).

The AALE ensures that 3% tax fee is automatically stored into an Auto-LP wallet on each buy or sell order. The Astake token protocol also has a smart contract which smartly takes 50% of the amount of ASTAKE stored in the wallet. It then buys BNB automatically at the current market price.

The Astake token uses the remaining 50% in the auto-LP for the Astake side of liquidity. This gives a 50/50 equal weighting of the ASTAKE/BNB which would be automatically added as new, additional liquidity in the market and raise the amount of liquidity in the pool.

By adding to the pool, the AALE allows ASTAKE token holders sell their token easily at anytime with little or no market slippage.

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CONCLUSION
The various important features of the ASTAKE token allows investors carryout trading effortlessly. Also, the ASTAKE token can be traded on multiple platforms, so holders can buy and sell the Astake token easily. The Astake token also offers holders various benefits just for holding the coin and guarantee long term profits on digital assets.

USEFUL LINKS;
Website : https://astake.finance/

Whitepaper : https://wp.astake.finance/

Telegram : https://t.me/astake_finance

Twitter : https://twitter.com/astake_finance

Discord : https://discord.com/invite/vpCQr4cQEV

Reddit : https://www.reddit.com/r/ASTAKE_FINANCE/

AUTHOR’S DETAILS
Bitcointalk Username- Vunchan
Bitcointalk Profile link- https://bitcointalk.org/index.php?action=profile;u=2774784

Wallet address: 0xC8811C579ed6caCdDb25Bb378887660D3CbD3340