candra: StormYield

StormYield

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.

StormYield Finance unique elements

StormYield Finance is an outstanding staking service with unique elements designed to bring huge benefits to $STY holders.

Secure staking service: 5% of all trading fees are kept in the STY Insurance Fund which helps sustain the staking rewards by maintaining price stability.

Highest and easiest Staking: Staking with StormYield Finance becomes easier than any others. Investors just need to HOLD TO EARN $STY with the highest APY at 669,212%.

Lighting speed rebase rate and payment: $STY holders will receive a reward every 05 minutes (288 times/day), making STY the fastest auto-compound finance platform in the crypto world.

Auto burn: One of the most unique features is THE LIGHTNING ROD — a progressive burning mechanism. STY Lighting Rod protects the STY protocol by reducing the circulating supply and maintaining a higher STY price over time.

Auto-Compounding

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)

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.

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.

Th Treasury also funds our marketing campaigns, community activities, investments as well as the R&D of future products.

The Lightning Rod

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.

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.

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)