Crefi Protocol


Credit Financial Protocol - CreFi Protocol
Through the use of its proprietary CreFi protocol, CreFi offers a decentralized financial asset that pays users with a sustainable fixed compound interest model. The CreFi Auto-Staking Protocol (CAP), a new decentralized financial protocol, makes staking simpler and more effective while giving $CREFI token owners the highest steady returns available in the cryptocurrency market. The CreFi token receives automated staking, compounding, and the best fixed annual percentage yield (APY) in the market for the first 12 months from CAP. The company CreFi is dedicated to DeFi innovation, which benefits and adds value for CreFi token owners. For holders of $CREFI, our CAP protocol offers the following exceptional benefits: Low Risk with the CreFi Insurance Fund (CIF) – 5% of all trading fees are held in the CreFi Insurance Fund, which supports and backs the staking rewards by preserving price stability and significantly lowering downside risk. Staking is simple and secure because the CreFi token is always kept in your wallet and does not need to be given to a third party or centralized authority. There are no longer any complicated staking methods necessary; all you need to do is buy and hold since you automatically earn rewards in your own wallet. You don't need to worry about needing to re-stake your tokens because interest yield with automatic payments is available. You will never miss a payment because interest yield is paid automatically and compounded in your own wallet. Highest Fixed APY - CreFi offers a first-year payout of 400,000 percent, which is competitive with anything currently offered in the DeFi market. The interest rate decreases over a predetermined Longterm Interest Cycle period after the first 12 months. Rapid Interest Payments - The CreFi Protocol is the quickest auto-compounding protocol in cryptocurrency, paying all CreFi Token holders every 15 minutes, or 96 times per day. Auto Token Burn - The CreFi Protocol has an intriguing feature called "The Fire Pit," an automatic token burn system that stops the circulating supply from growing out of control and becoming unmanageable. The Fire Pit is burned on every single transaction and consumes 2.5 percent of all CreFi Token market sales. The CAP bases both its price and the rebase rewards on a complicated set of variables. Included in it is the CreFi Insurance Fund (CIF), which acts as an insurance fund to safeguard the CreFi Protocol's long-term viability and price stability by paying all $CREFI token holders a constant 0.02355 percent rebase rate every 15 minutes. All of these components have been organized by the CreFi development team so that they operate together smoothly in the background. The end result is a straightforward and sophisticated rewards and staking mechanism for $CREFI holders.
Last modified 1yr ago