I. INTRODUCTION
Aufin cryptocurrency is a cryptocurrency that supports a new process called auto staking and compounding which is the new way of staking coins. You don't need to leave your wallet running on the computer, you simply steak and it will automatically stake and compound for you. This is brought about by the new defi protocol that allows this process to happen.
This is a decentralized financial instrument, or digital asset, which has been designed and developed to allow investors to grow their capital while they sleep. The Aufin protocol will use the blockchain technology to perform fully automated actions with crypto investments. It will be a source of passive income for every investor, who plans to have daily profit and long-term growth of his assets.
Aufin crypto auto staking and compounding defi protocol is a crypto currency platform which can help people to earn a lot of money in the future by doing nothing, but just joining the project.
II. Aufin Protocol Overview
***) Aufin Protocol is shortened form of Automatic Financial, a protocol that provides a decentralized financial asset which rewards users with a sustainable fixed compound interest up to 480,419.00% for the first 12 months.
Aufin focused on DeFi innovation that creates benefits and value for Aufin token holders. Here are some benefits for holders of $AUN:
Low Risk with the Aufin Insurance - 5% of all trading fees are stored in The Aufin Insurance which helps sustain and back the staking rewards by maintaining price stability and greatly reducing downside risk.
Easy and Safe Staking - The Aufin token always stays in your wallet so it doesn’t need to be put into the hands of a 3rd party or centralized authority. All you need to do is buy & hold as you automatically receive rewards in your own wallet so there’s no more complicated staking processes at all.
Interest Yield with Automatic Payments - You need not be worry about having to re-stake your tokens. Interest yield is paid automatically and compounded in your own wallet, guaranteeing you will never miss a payment.
Highest Fixed APY - Aufin pays out at 480,419.00% in the first 12 months which rivals anything in the DeFi arena to date. After the first 12 months the interest rate drops over an Epoch.
Rapid Interest Payments - The Aufin Protocol pays every Aufin Token holder each and every 10 minutes or 144 times each day, making it the fastest auto-compounding protocol in crypto.
Auto Token Burn - One of the exciting features of the Aufin Protocol is an automatic token burn system named “The Aufin Fireplace” which prevents circulating supply getting out of hand and becoming unmanageable. The Fireplace burns 2.5% out of all Aufin Token market sales and is burned in the same individual transaction.
In simple terms, the staking rewards (rebase rewards) which are distributed every 10 minutes at a rate of 0.01613% are backed by the Insurance parameter, thus ensuring a high and stable interest rate to $AUN token holders.
5% of all trading fees are stored in the The Aufin Insurance which helps sustain and back the staking rewards provided by the positive rebase.
The Aufin Insurance keeps holders safe by:
Avoiding flash crash through price stability
Achieving long term sustainability and future growth of the Aufin Protocol
Greatly reducing downside risk
The Aufin Treasury
The Aufin Treasury plays a very important role in Aufin Protocol. It provides three extremely critical functions for the growth and sustainability of Aufin.
The treasury provides funding for marketing, growth hacking the Aufin community.
The treasury will be used to fund new Aufin products, services, and projects that will expand and provide more value to the community.
The Aufin Fireplace
2.5% of all $AUN traded are burnt in The Aufin Fireplace. The more $AUN is traded, the more get put into the fire causing the fireplace to grow in size, larger and larger through self fulfilling Auto-Compounding, reducing the circulating supply and keeping the Aufin Protocol stable.
The other benefit to an everlasting burn of circulating supply is that due to the deflationary nature of it, equates to a higher value of each $SAUN token, therefore increasing the individual value.
The Aufin Auto-Liquidity
Every 48 hours, the Aufin Auto-Liquidity will inject automatic liquidity into the market. On each buy or sell order there is a 4% tax fee that automatically gets stored into an Auto-LP wallet and built into our protocol’s smart contract is the mechanism which smartly takes the 50% of the amount of $AUN stored in the wallet, and will automatically buy $BNB at the current market price.
The remaining 50% of $AUN in the Auto-LP wallet will be used for the $AUN side of liquidity, therefore giving equal an 50/50 weighting of AUN/BNB which will then be automatically added as new, additional liquidity into the market pair and raising the amount of liquidity in the pool.
The Aufin Auto-Liquidity will do this every 48 hours by adding more and more liquidity to the pool which will allow $AUN token holders to easily sell their tokens at anytime with little to no market slippage. It will also aid in maintaining protocol stability to make sure the APY is upheld for the entire life of The Aufin Protocol.
Fixed APY
APY stands for Annual Percentage Yield. This measures the real rate of return on your principal amount by taking into account the effect of compounding interest. In the case of Aufin, your $AUN tokens represent your principal, and the compound interest is added periodically on every Rebase event (Every 10 minutes), otherwise known as an ‘Epoch’.
Your new principal amount is your then current Aufin token amount, plus your new rebase token amount. This total amount is what gets calculated for your next rebase rewards.
The Power of Compound Interest — It is important to note that your balance will grow not linearly but exponentially over time. Taking a compound interest of 0.01613% / 10 minutes:
Example: If you started with a balance of only 1,000 $AUN on day 1, after a year, your balance will have grown to 4,804,190 $AUN.
Epoch
Each Interest Cycle is 10 minutes in length and is referred to as an EPOCH.
EPOCH 1–52,560: 0.01613% every EPOCH (First 12 Months)
EPOCH 52,561–78,840: 0.00162% every EPOCH (Next 6 months)
EPOCH 78,841–236,520: 0.00010% every EPOCH (Next 4.5 Years)
EPOCH 236,521: 0.00002% every EPOCH (In Perpetuity until max supply is reached)
III. TOP 10 AUTO-STAKING PROJECTS
1. $AUN Token
2. Aufin Fair Launch
Phase 1
- Website Development
- Whitepaper Documentation
- Deploy Smart Contract
- Pre-launch Marketing
Phase 2
- PR Marketing
- Airdrop Campaign
- Bounty Campaign
- Fair Launch on PinkSale
- PinkLock Liquidity Locked 12.5 years
- CoinMarketCap Listing
- CoinGecko Listing
- 5,000 Token Holders
- 10,000 Token Holders
- 15,000 Token Holders
- 20,000 Token Holders
- 25,000 Token Holders
- 50,000 Token Holders
- 100,000 Token Holders
- 250,000 Token Holders
- 500,000 Token Holders
- 10 Million Market Cap
- 25 Million Market Cap
- 50 Million Market Cap
- 100 Million Market Cap
- 200 Million Market Cap
- 300 Million Market Cap
- 400 Million Market Cap
- 500 Million Market Cap
- 1 Billion Market Cap
- Cross-Chain Integration
- Partnerships
Phase 3:
- Building Aufin Blockchain - A Complete DeFi Multi-Chain Solution
- Become a Leading Top 10 MarketCap Cryptocurrency
- 100 Billion Market Cap
VI. CONCLUSION
The defi protocol is an auto staking protocol which can let you earn interest by simply holding defi coins in your wallet and allowing your wallet to connect to the network. The protocol will automatically stake your coins by sending them to the network if they are mature and it will also stake your coins in order to compound your interest whenever the network is staking.
It is a protocol based on Binance platform that allows you to earn passive income in the form of crypto-currency without the need for manual intervention.
For more information visit:
https://aufinprotocol.com/
https://discord.gg/KyNcSPquNP
https://medium.com/@AufinProtocol
https://www.reddit.com/user/AufinProtocol/
https://t.me/aufinbsc
https://twitter.com/ProtocolAufin
Author Details: Forum Username: lethingocthuy686868 Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=2017740 Telegram Username:@Crypto_chics