StormYield Finance provide an innovative project
Auto-Compounding
How does Auto-Compounding work?
The STY Auto-Compound feature employs a simple Hold to Earn mechanism where you can receive rebase rewards as interest payments directly into your wallet just by holding the $STY token.
STY enables $STY tokens to be paid directly proportional to the epoch rebase rewards. With Crypto’s highest paying Auto-Staking & Auto-Compounding protocol and the greatest fixed APY in the industry at 669,212.62%, all BSC wallets holding $STY token receive auto-compounded interest reward worth 0.00838% every 5 minutes.
StormYield Finance provide an innovative, highest and easiest mechanism to earn profit from staking $STY by applying the power of compounding interest.
STY Insurance Fund (SIF)
The unique feature to keep sustain the staking rewards
SIF stands for the STY Insurance Fund. The SIF is a separate wallet within the STY’s system, which is supported by 5% of the Buy and Sell trading fees that accrue in the SIF wallet.
The SIF operates as an Insurance fund that consistently pays a 0.00838% rebase rate to all $STY holders every 5 minutes to ensure price sustainability, avoiding flash crashes and fostering long-term growth of the STY Protocol.
Storm Yield Insurance Fund Receiver: 0xF1F47f90F6c8dF3aB27EfD1e7ED91fCe819814cD
STY 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.
The Lightning Rod
The unique progressive burning $STY mechanism
The Lighting Rod is STY Protocol’s original Burning mechanism. 2.5% of all $STY traded are burnt in the Lighting Rod.
The more that is traded, the more liquidated by the Rod. Just like how real life lightning rods cancel out lightning threats, the STY Lighting Rod protects the STY Protocol by reducing the circulating supply, thus combating positive rebase interest and keeping the protocol sustainable.
Storm Yield Lighting Rod Receiver: 0xDd6ef0dd73C7D3437b067D295B5d5344A485f5D0
STY Auto-Liquidity Engine (SALE)
Liquidity is the pool of money that is split 50/50 between $STY tokens and $BNB tokens, which allows for anybody to buy & sell their STY/BNB at any time.
However, you cannot get a good price if there is not enough liquidity in the pool. Thus, the STY Team designed the STY Auto-Liquidity Engine (SALE) to automatically inject more liquidity to the original Liquidity Pool.
How the STY Auto-Liquidity Engine (SALE) works:
Every 48 hours, the SALE will inject new liquidity into the market.
A 4% tax fee for every buy and sell order goes into an Auto-LP wallet. Every 48 hours, our locked-in Smart Contract will take 50% of the stored $STY to purchase BNB at current market price, which combines with the remaining 50% $STY in the Auto-LP wallet to provide a 50/50 weighting of STY/BNB Liquidity.
By periodically adding more liquidity to the LP, the SALE allows $STY token holders to easily buy and sell their tokens any time with little to no market slippage. It also helps combat market fluctuation as well as the positive rebase rewards.
Long-term Interest Cycle (LIC)
In order to maintain sustainability and future growth, STY Finance has introduced the Long-term Interest Cycle (LIC) feature, which allows $STY token holders to enjoy perpetual compound interest.
Each Interest Cycle is 5 minutes in length and is referred to as an EPOCH.
There are 105,120 EPOCH’s in 1 year.
EPOCH 1–105,120: 0.00838% every EPOCH (First 12 Months)
EPOCH 105,120- 157,680: 0.00066% every EPOCH (Next 6 months)
EPOCH 157,680: 0.00006% every EPOCH (In Perpetuity until max supply is reached)
STY DAO Ecosystem
What is DAO?
Decentralized Autonomous Organizations (DAOs) are organizations designed to be automated and decentralized. They act as a form of venture capital fund, based on open-source code and without a centralized management structure.
All transactions of the organization are recorded and maintained on the blockchain. Interests of the members of DAOs are — if honored correctly — heard and executed. Hence, DAOs are transparent and, in theory, incorruptible. All transactions of the organization are recorded and maintained on a blockchain.
Introducing the STY DAO Platform:
While one of the most lucrative parts of crypto is private sale, it can be extremely difficult and even impossible to get into a high-potential private sale for the average investor. Lacking the large fund, reputation and other credentials, most private investors abandon the chance to join private sales or hold blue-chip NFTs even when they know these projects will succeed.
Understanding this demand, the STY team developed the STY DAO ecosystem, which allows the STY community to collectively invest in private sales and costly assets. The STY DAO will focus on investing in Blue-chip and gem NFTs as well as Music and Earn trend and Metafi projects.
Investors can use $STY to vote for the purchase and selling of the projects of their choice, and contribute $STY to invest in these projects. Thanks to STY DAO, private investors can earn profit from x100 private sales and own a part of costly NFTs without any barriers. Additionally, a part of the profit from the STY DAO goes back to grow the STY system, which ensures STY Finance longevity and sustainability.
STY merges the power of Defi and DAO, creating a one-stop platform that is set to change the lives of millions of people all over the world.
Follow Them On These Links:
- Website: https://stormyield.finance/
- Telegram: https://t.me/stormyieldglobalchat
- Twitter: https://twitter.com/stormyield
- Discord: https://discord.com/invite/Q9WAauv78v
- Whitepaper: https://stormyield.finance/#Whitepaper
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