StormYield Finance - Next Gen Crypto Yield DAO Protocol, Highest Fixed APY in DAO Crypto (669,212.62%).
Cryptocurrencies and its underlying technology have opened a decent deal of opportunities for humanity. The concept of cryptocurriencies runs on the blockchain technology. Blockchain technology promises to facilitate fast, secure and inexpensive international payment processing services (and other transactions) through the use of an encrypted distributed ledger that provides reliable real-time transaction verification without the need for intermediaries such as correspondent banks and clearing houses. Now the users are able to transact in Fast , Safe and scalable environment.
We have already seen the rise of Blockchain concept and it's widely acceptance. Decentralized exchanges can differ dramatically in terms of technology, security, legal implications, economic implications, and more. Technology always moves on and the second generation development is now in trend called DeFi (Decentralized Finance). Where we have lots of opportunities to earn more. We can stake, Lend/Borrow assets and can yearn via Yield Farming from the idle assets which are lying in our wallets. Now again further advanced technology is knocking the door called Cross-chain DeFi Protocol. Where two or more Blockchain can interact with each other.
Main Features:
STY Insurance Fund (SIF)
Consistently pays a 0.00838% rebase rate to all $STY holders every 5 minutes
Burning Mechanism — The Lightning Rod
2.5% of all $STY traded are burnt in the Lighting Rod. STY Lighting Rod protects the STY Protocol by reducing the circulating supply, thus combating positive rebase interest and keeping the protocol sustainable.
Periodic Liquidity Injection — STY Auto-Liquidity Engine (SALE)
Every 48 hours, the Smart Contract automatically uses this fund to inject new liquidity into the existing LP, which helps combat market fluctuation.
Safety measure — STY Treasury
Support to the SIF in the event of an extreme price drop, funds marketing, community expansion, investments and future products.
STY DAO aims to be the most popular platform for fundraising investment on NFTs, Music, Fashion and Earn trends and Metafi projects. Thanks to STY’s innovative DAO platform, any investor can start a fundraising proposal that is secured, low-cost and highly effective. STY DAO is the ultimate Defi & DAO ecosystem because it enables the small, average investors to achieve sustainable yet exponential income.
Tokenomics:
Name: STY
Total Supply: 400,000 STY
Chain: BSC
Contract: 0x617ad8333EeE1EFFb12cd80186A4A92848cCA3f0
Useful Links:
Website: https://ugliesnft.com/
Twitter: https://twitter.com/uglies_solana
Author
Bitcointalk Username: Rajesh088
Bitcointalk Profile link: https://bitcointalk.org/index.php?action=profile;u=3394330