Eprotocol is out to revolutionize the industry by becoming a top Defi protocol on the Binance Smart Chain (BSC), offering a fixed 888,888% Annual Percentage Yield (APY), Compounding, and Autostaking.
“The project is on track with its mission to transform Defi with the Eprotocol Autostaking Protocol (EAP) that delivers the industry’s highest fixed Annual Percentage Yield,” a representative said in a statement.
This way, Eprotocol is rebasing rewards every 30 minutes and serves as a simple buy-hold-earn system that grows every user’s portfolio in their wallet as fast and convenient as possible. APY measures the real rate of return on the amount of the principal tokens by considering the effect of compounding interest.
“In the case of Eprotocol, users’ EPR tokens represent their principal, and the compound interest is added periodically on every Rebase event,” the representative adds.
The game-changing project has also announced the Eprotocol Relax & Earn, which is a new Eprotocol SAP-based project that allows $EPR token holders to generate rewards.
Eprotocol, commended for its high APY, said five percent of the trading fees return to the liquidity, ensuring $EPR’s increasing collateral value. Meanwhile, 8% of the purchases and 8% of the sales go directly to the Treasury, supporting the ESF (Eprotocol safe fund).
The ESF, an innovation from Eprotocol, is a distinct wallet in Eprotocol treasury. The ESF Value plays a critical role in the Eprotocol Autostaking and serves as a separate wallet that collects funds to sustain and stabilize the Liquidity pool.
“The ESF is distinctly helpful in the event of a sharp sell-off that might drain a liquidity pool. This can cause issues because liquidity is what enables the buying and selling of the EPR token. The ESF provides a liquidity reserve and prevents this from occurring during a sharp sell-off,” the representative said.
Five percent of the trading fees are redirected to the ESF (Eprotocol safe fund), which helps sustain and back the staking rewards provided by the positive rebase.
For its future Non-Fungible Token (NFTs) airdrop, Eprotocol has announced its partnership with Qubism, a marketplace that allows users to create their own Virtual Reality (VR) art gallery, buy and sell NFT Crosschain, and allows staking, gaming, and much more.
The Treasury also plays a critical role in Eprotocol by providing three extremely essential functions for the growth and sustainability of EPR tokens. It helps to create a stable and solid floor value for the EPR token. The Funding treasury is also used to fund new Eprotocol products, services, and projects that will expand and build up the ESF use cases and Eprotocol economy.
Those who wish to learn more about Eprotocol, a game-changer in the crypto space, may visit the website and its social channels for more information.
Media Contact
Company Name: Eprotocol
Contact Person: Matt
Email: Send Email
Country: Portugal
Website: https://eprotocol.org