Latest ICO News: StormYield Finance

Revolutionizing Defi with 669,212.62% APY and DAO Ecosystem

Overview

Today our financial system and all its services are completely centralized. Banks, stock markets, insurance companies, and other financial institutions all have someone in charge, whether it be a company or a person that controls and offers these services. This centralized financial system or CEFI has its risks- mismanagement, fraud, and corruption to name a few. But what if we could decentralize the financial system as a whole in the same way, Bitcoin decentralized Money? That’s exactly what DeFi is all about.

DeFi is a term given to financial services that have no central authority or someone in charge. Using decentralized money like certain cryptocurrencies that can be programmed for automated activities we can build exchanges, lending services, insurance companies, and other organizations that don’t have an owner and aren’t controlled by anyone.

Investors across the globe are chasing low-risk-high-yield returns in a booming wave within the technology sector of Decentralized Finance (DeFi) and noting that cryptocurrency, in general, is opening up new possibilities across the whole financial industry.

By far DeFi is showing favor to becoming the easiest and agreed-upon way to make your money work for you in an environment where cryptocurrency holders can lock or stake their tokens and receive high-interest rates that most thoughts were unachievable.

The developers of StormYield Finance have introduced the STY Autostaking Protocol, a DeFi 2.0 protocol that provides a decentralized financial asset that rewards users with a sustainable fixed compound interest model through the use of its unique proprietary protocol.

What is StormYield Finance (STY)?

StormYield Finance is a DeFi development company that designs next-generation DeFi 2.0 solutions, in an attempt to improvise the staking module, with its STY auto-staking protocol. The main product of the company is the $STY token, with extraordinary value propositions to benefit token holders.

StormYield Finance (STY) offers a decentralized financial asset that rewards holders with sustainable fixed compound interest income through the use of its unique STY protocol. StormYield Finance delivers the industry’s highest fixed APY, paid every 5 minutes or 288 times each day, and a simple buy-hold-earn system that grows your $STY portfolio in your wallet at a lightning-fast pace.

Features of StormYield Finance

. StormYield Finance Autostaking Protocol (STY)— Highest Fixed APY — StormYield Finance provides token holders simplicity, security, and a consistent fixed high yield return of 669,212%. APY from their staking. It is used in the STY token.

. Low Risk — STY Insurance Fund (SIF) — 5% of all trading fees are stored in the STY Insurance Fund helps sustain and back the staking rewards by maintaining price stability and greatly reducing downside risk.

. Staking — Easy and Safe — The STY token always stays in your wallet 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 are no more complicated staking processes at all.

. Interest Yield — Automatic Payments — You need not be concerned about re-staking your tokens. Interest yield is paid automatically and compounded in your own wallet, guaranteeing you will never miss a payment.

. Highest Fixed APY — STY Finance pays out at 669,212% in the first 12 months which rivals anything in the DeFi arena to date.

. Rapid Interest Payments — The StormYield Finance Protocol pays every STY Token holder each and every 05 minutes or 288 times each day, making it the fastest auto-compounding protocol in crypto.

. Auto Token Burn (Lightning Rod) — One of the exciting features of the StormYield Finance Protocol is an automatic token burn system named “Lightning Rod” which prevents circulating supply from getting out of hand and becoming unmanageable. The Lightning Rod burns 3% out of all STY Token market sales are burned in the same individual transaction.

. StormYield Treasury - The Treasury plays a central role in the STY Protocol. In the event of an extreme price drop or an unprecedented black-swan event, the Treasury would send support to the SIF, keeping the price stable and sustainable for the long term. The Treasury also funds our marketing campaigns, community activities, investments as well as the R&D of future products.

How Does Auto-Staking Work?

. The StormYield Auto-Stake feature is a simple yet cutting-edge function called Buy-Hold-Earn, which provides the ultimate ease of use for $STY holders.

. Buy-Hold-Earn — By simply buying and holding a $STY token in your wallet, you earn rebase rewards as interest payments directly into your wallet. Your tokens will increase every 05 minutes.

. Using a Positive Rebase formula, StormYield makes it possible for token distribution to be paid directly proportional to the epoch rebase rewards, worth 0.00838% every 05 minute epoch period of the total amount of $STY tokens held in your wallet. The rebase rewards are distributed on each EPOCH (05 minute rebase period) to all $STY holders.

. This means that without moving their tokens from their wallet, STY holders receive an annual compound interest of 669,212% for Year 1.

How do they provide So high APY?

$STY buys and sells fees are an important component of the StormYield Protocol. They provide capital for performing critical functions to the protocol. The amount of the fees (12% for buys and 18% for sells) allows StormYield to provide $STY holders with a stable high yield of 669,212% annually.

Buy Trading Fees:

Automatic LP: 3% of order fees return to liquidity

STY Insurance Fund: 5% of order fees are stored in SIF

Treasury: 2.5% of order fees go to the Treasury

Lightning Rod: 1.5% of $STY is burnt in the Lighting Rod

Sell Trading Fees:

Automatic LP: 3% of order fees return to liquidity

STY Insurance Fund: 5% of order fees are stored in SIF

Treasury: 8.5% of order fees go to the Treasury

Lightning Rod: 1.5% of $STY is burnt in the Lighting Rod

$STY Token

$STY is the native token for which interest rebase rewards are paid. Every token holder automatically receives 0.00838% interest every 05 minutes just for holding $STY tokens in their own wallet! $STY is a Bep20 token with an elastic supply that rewards its holders with a positive rebase formula, thus creating the Highest Paying Auto-Staking & Auto-Compounding Token.

$STY Token Distribution:

Initial Supply: 400,000

Max Supply: 5,000,000,000

Fairlaunch: 240,000

Liquidity: 122,400

Conclusion

StormYield is a Defi protocol that is set to outpace bitcoin by paying regular compound interest to all STY token holders of up to 669,212% each and every year with a 100% guarantee of execution. There aren’t many guarantees in this world especially when it comes to financing but with StormYield it actually is.

What makes StormYield different is its elegant design of architecture where all the interest cycles are predetermined and hardcoded into the programming of the StormYield protocol itself. Basically put there are EPOCH cycles ready preset and because it’s written into the blockchain smart contract it is completely impossible for any cycle or interest payment to be amended or changed. Investors will receive up to 0.00838% every 05 minutes of interest paid each cycle compounded. Cycles guaranteed, automatic payouts, secure cryptography on the blockchain, and it’s completely decentralized to ensure safety and security.

Author

Bitcointalk UserName : KHAN SHIQ QHEIL

Bitcointalk Profil: https://bitcointalk.org/index.php?action=profile;u=2550289

Telegram Username : @KHANSHIQQHEIL

BEP-20 Address: 0xCb8718048fecb50c2369BFD1EAD4B3686f42B86d

Proof Of Authentication: https://bitcointalk.org/index.php?topic=5393350.msg59821657#msg59821657

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Minggu, 10 April 2022

StormYield Finance