DeFi StartUp Titano RollsOut Staking Token with Fixed APY
As part of its DeFi 2.0 protocol development, Titano is introducing a revolutionary new form of staking token with an incredible fixed annual percentage yield (APY). As per BSC Scan, there are over 4.5k TITANO holders and around 38k transfer activities. Titano is a DeFi product development firm that creates next-generation goods and services for the DeFi market.
Its Titano Autostaking Protocol (TAP) serves as the basis for a series of DeFi 2.0 products, which begin with the $TITANO token, which is automatically staked and compounded in your wallet and provides an industry-leading fixed annual percentage yield (APY) of 102,483.58 percent. The rise of decentralized finance, often known as DeFi, is generating a change in the financial sector. The DeFi website allows cryptocurrency users to lock or stake their tokens and earn interest rates that were previously considered to be unachievable. Financial algorithms and token staking tactics, together referred to as protocols, are the tools that DeFi firms employ to generate these huge profits.
Defi 1.0 launched several variants of these covenants, which have since attracted billions of dollars in investment and helped to build many of the cryptocurrency industry’s top performers. Protocols based on DeFi 2.0 guarantee token holders higher degree of simplicity and security, as well as the highest fixed rewards from staking possible. The Titano Autostaking Protocol (TAP), developed by the Titano team, is a DeFi 2.0 protocol that provides stakers with a set of advantages that are among the finest in the market, according to the creators.
Titano Autostaking Protocol (TAP) – Safe, Fast, and the Highest Fixed Annual Percentage Yield. TAP token holders benefit from the simplicity, security, and continually high yield payback on their staking investments. It is employed in the Titano token, which provides it with a number of first-in-industry benefits: Staking is simple and secure since the Titano token always remains in your wallet, and you are instantly rewarded for your efforts. There will be no more time-consuming staking operations on someone else’s website.
The automatic rebasing rewards eliminate the need for any restaking of your crypto assets. Rewards are rebasing, which means they are compounding automatically, ensuring that you never miss a payment on your account. Highest Fixed Annual Percentage Yield (APY) – The Titano auto-staking protocol pays out 102,483.58 percent per year, which is the highest compounding interest rate in the cryptocurrency sector.
The Titano auto-staking system pays out every thirty minutes, or 48 times a day, making it the quickest auto-compounding protocol in the cryptocurrency industry. The Titano Autostaking Protocol makes use of a sophisticated combination of factors in order to produce its industry-leading annual percentage yield (APY). They consist of the Titano treasury, the trading volume fees, and the Risk-Free Value, among others (RFV). They all work together to deliver the high and stable annual percentage yield. RFV reserves, as well as a part of the Treasury, are used to back up rebase incentives for players.
3 percent of every purchase and 8 percent of every sale are directed to the treasury, boosting the amount backing outstanding TITANO tokens and allowing for a substantial marketing budget to be made available.
5% of every buy and sale on PancakeSwap is contributed automatically to the BNB/TITANO liquidity pool, which is managed by PancakeSwap.
5 percent of TITANO’s trading volume is diverted to the protocol’s Risk-Free Value, which is calculated daily (RFV). The RFV’s primary duty is to provide support for the TITANO rebase incentives.
The project’s support system is designed in such a way that RFV allows the purchase and burning of TITANO tokens from the secondary market when the pair supply is 2.5% of the total supply.
This combination of criteria enables an automated rebase payment to be issued every 30 minutes and assures that TITANO token holders get a yield of.003958 percent each rebase or 1.8999 percent per day. The Titano Team has the following to say: “We looked at alternative Defi 2.0 protocols, such as OlympusDAO, which gives stakers a high annual percentage yield (APY), but which potentially see that yield collapse by 90 percent over time. In addition, we think that staking should be straightforward and fully automated. After making a purchase of $TITANO, the tokens are instantly staked in the users wallet, rebase incentives are fixed, and you are awarded every 30 minutes instead of every 8 hours, as you would be with OlympusDAO and all of its forks, as you would be with OlympusDAO and all of its forks.”
Titano intends to produce a mobile application that will allow users to buy TITANO directly from the company using FIAT currencies. They are launching Titano P.L.A.Y., a TAP-based project that provides $TITANO holders with even more benefits as well as an additional use-case for their token.
They are also working on NFT and Metaverse projects for the year 2022, with the goal of transforming and growing each of those sectors via the introduction of new services.