Saturday, April 9, 2022

How $CAESAR Autostaking Works

 

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How $CAESAR Autostaking Works - On this occasion, we are still reviewing a new platform with an amazing vision. This time it came from a great project, called CAESAR. You must be curious about this one project, right? what is the background or how it was founded, and how does it work, let's see together here!

The Caesar protocol is heavily inspired by TITANO and OlympusDAO, which is why it combines and uses the best of each other's features and components, while providing added convenience and simplicity.

As Titano's first fork on Avax, Caesar Finance redefines DeFi with Caesar Auto-Staking Protocol (CAP) which provides the industry's highest fixed APY, rebase rewards every 30 minutes, and a simple buy-hold-earn system that grows the portfolio in your wallet. , fast.

The team is excited to launch Caesar Finance - the first auto-staking protocol on Avalanche with a fixed APY of 153,617.5%, daily ROI (Return on Investment) over 2%.

Caesar is positioned to lead the revolution in DeFi with the Caesar Auto-staking Protocol or CAP, a new financial protocol that makes betting easier, and provides $CAESAR token holders the highest stable returns in crypto.

As a result of the auto-staking feature that powers the Caesar protocol, token holders no longer have to go through multiple processes to achieve a decent return and pool their investment.

The CAP protocol is issued in the Caesar token giving it exception benefits for holders of $CAESAR:

Easy and Safe – We provide auto-staking right in your wallet when you purchase $CAESAR. No need to move your tokens to our website. From the minute you buy, you are staked, and set to receive rebase rewards. The easiest auto-staking in DeFi.

A Fixed APY - APYs that fluctuate means you can never tell how many tokens you will receive. Other DeFi protocols pay out a high APY that can fluctuate by 90% in a day. CAP pays $CAESAR holders a fixed interest rate of just over 2% daily or with compounding 153,617.5% annually.

Fast Rebase Rewards. Other popular staking protocols pay rebasing rewards every 8 hours which means if you want to unstake you have to time it to get maximum rewards. The Caesar Auto-staking Protocol pays every 30 minutes or 48 times every day, making it the fastest auto-staking protocol in crypto.

The CAP uses a complex set of factors to support its price and the rebase rewards. It also uses game theory and human nature to determine the most likely habits of those who buy the token.

The CAP is as flexible as it is powerful and will be used as the foundation for a range of Caesar products, services, and projects going forward. Each will transform a different area of crypto.

The development team has coordinated all of these elements so they work seamlessly behind the scenes. The result is a simple and elegant staking and rewards system for $CAESAR holders.


How Does Autostaking Work?

The CAP Autostake feature is a simple yet cutting-edge function called Buy-Hold-Earn, that provides the ultimate ease of use for $CAESAR holders.

Here's how it works: by simply buying $CAESAR and holding the token in your wallet, you earn rebase rewards directly into your wallet. Your tokens will increase every 30 minutes. It's that simple.

Using a Positive Rebase formula, Caesar makes it possible for daily token distribution directly proportional to the daily rebase rewards, worth 2% of the token supply.

The rebase rewards are distributed on each epoch (rebase period) to all $CAESAR holders. This means that without moving their tokens from their wallet, Caesar holders receive an annual compound interest of 153,617.5%. Pretty crazy.


How to buy $CAESAR

1: Buy AVAX (Coinbase, Transak, Crypto.com, Binance, Huobi, etc).

The AVAX we want is C-Chain and you’ll most likely buy C-Chain AVAX, but if the AVAX you buy is X-Chain, you’ll want to create an Avalanche Wallet (https://wallet.avax.network/) and follow this guide to change the AVAX's chain: https://docs.avax.network/build/tutorials/platform/transfer-avax-between-x-chain-and-c-chain/#transferring-avax-using-the-web-wallet

2: Set up the Avalanche network on your MetaMask account and send your C-Chain AVAX to your MetaMask.

Follow this guide: https://docs.traderjoexyz.com/main/welcome/joes-guide-to-avalanche/metamask-tutorial#connect-metamask-to-avalanche. If you don't have a MetaMask account, make one here: https://metamask.io/

3: Swap your AVAX for $CAESAR 

Here is where you can do that: https://app.bogged.finance/avax/swap?tokenIn=AVAX&tokenOut=0xEDdeF578a930DDc6F8Ceef10f4B00829c54686C2.

When swapping, you can use the auto-tax feature and this should automatically use what's needed. If for some reason it isn't working, turn off this option, set your slippage to 15%, and continuously increase until your transaction goes through. You will rarely need to go 5% above the minimum 15% slippage fee.


$CAESAR Contract & Address

Contract: https://snowtrace.io/address/0xEDdeF578a930DDc6F8Ceef10f4B00829c54686C2

Autoliquidity: 0xBD06652acd936AC5987d7fC9aAd316F9DC5D490f

Treasury: 0x34a4892E3004b7a7e577E45075Be9d69C9f13b3E 

RFV: 0xD67e4A31A74c3A709f64c353c9c1698654bf9938

Dex Screener: https://dexscreener.com/avalanche/0x96bfc3ae3f3696392824c5d499a0681ddcafe9fb


Conclusion

So that's a glimpse that we can present to you all about "How CAESAR auto-staking works". We hope that all the information we provide can be useful for you. For those of you who want to get more information, you can visit CAESAR's official source link!

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