SafuTitano

SafuTitano

SAFTI
$0.013783789

Key Metrics

Price$0.013783789
Real Volume (24H)$0
MarketcapN/A
Fully Diluted ValuationN/A
ATH$1.063
ATH Date3/23/2022, 8:03:16 PM
ATL$0.00895454
ATL Date12/17/2022, 5:29:18 AM
Circulating Supply7M
Total Supply7M
WebsiteN/A
WhitepaperN/A
Popularity Rank12290
Chart
What is SafuTitano?

Safu Titano (SAFTI) is a next-generation decentralized finance (DeFi) protocol designed to earn passive returns easily and sustainably. It is built on the Binance Smart Chain (BSC) network and aims to address the shortcomings of SAFUU and TITANO PROTOCOL. SAFTI's token model is an experimental approach to the "circular economy" concept, which features an auto-staking mechanism that rewards holders with a fixed annual percentage yield (APY) backed by a reserve of funds.

The SAFTI token is powered by rebases that reward holders with a 0.02362% return every 15 minutes, which amounts to an annual compound interest rate of 392,537%. This APY is fixed and secured by the 14% and 16% taxes applied to buys and sells, respectively.

Unlike other protocols that dilute positions through bonds, SAFTI's income comes from taxes. Investors benefit from taxes collected when someone buys or sells the token, and there is no passive dilution caused by minting new tokens through bonding.

The primary goal of the SAFTI token is to establish a crypto reserve currency that will remain in circulation for years to come and form the foundation of a future ecosystem that offers various crypto products and services. The tokenomics of SAFTI are designed to ensure the project's sustainability in perpetuity. Rewards are paid to SAFTI holders from a fee charged to every user each time the token is transacted. The amount collected is held in a special wallet and used to support rebase rewards in SAFTI going forward algorithmically.

The SafuTitano Autostaking Protocol uses a complex set of elements, including the treasury, trading volume fees, and Risk-Free Value (RFV), to deliver its industry-leading APY. These components work in harmony to provide a high and fixed APY.

Rebase rewards are backed by reserves from the RFV and a portion of the treasury. Additionally, 4% of every purchase and sell goes to the BNB/SAFTI liquidity pool, known as the Auto-Liquidity System (ALS), while 5% of trading volume is redirected to the protocol's RFV. The RFV serves to back the SAFTI Token rebase rewards. Furthermore, 2.5% to 4.5% of every purchase and sale is channeled to the treasury, which increases the balance backing outstanding SAFTI tokens and provides a marketing budget. Finally, 2.5% of all tokens traded are burned in the Automated Supply Control (ASC), which reduces the circulating supply and keeps the SAFTI protocol stable and healthy in the long term.

One of SAFTI's competitive advantages is its unique mechanics, such as autoliquidity every 24 hours. Additionally, SAFTI prioritizes security, with top auditors performing regular audits and the team undergoing KYC with pinksale and locking liquidity for 365 days.

In conclusion, SAFTI is a next-generation DeFi protocol that offers a sustainable and innovative approach to earning passive returns. With its unique token model, complex Autostaking Protocol, and commitment to security and sustainability, SAFTI is poised to become a leading player in the DeFi ecosystem.

Disclaimer

The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.

Stay ahead of the competition by accessing high-quality data, advanced tools, and expert research.

Try for Free

Top Assets

AssetPrice24HMcap
Loading...

We use cookies for personalization, social media, and analytics, and share usage data with partners.