Trophy
Trophy Auto-Staking Protocol Offer Easy Staking For User
A new financial system known as the Trophy Auto-Staking Protocol (TAP) has been developed by Trophy to make staking easier, more efficient, and to reward Trophy token holders with the greatest steady returns in crypto.
DeFi innovation is at the heart of Trophy's mission, which aims to provide Trophy token holders with tangible advantages and added value. Our TAP algorithm, which is employed in the Trophy token, provides great benefits to Trophy token holders.
Trophy Insurance Fund: In order to ensure the long-term viability of the staking rewards, 4 percent of all trading fees are invested in the Trophy Insurance Fund, which provides price stability and considerably reduces downside risk.
Auto token Burn: "The Furnace," a component of the Trophy Protocol, ensures that the circulating supply of tokens does not become unmanageable by automatically burning them. It consumes 1.5% of all Trophy Tokens sold in a single transaction, and it does so at the same time.
To keep its price stable, the TAP relies on a variety of variables. The Trophy Protocol contains the Trophy Insurance Fund (TIF), which serves as an insurance fund to ensure price stability and long-term viability of the Protocol.
Trophy Utilities:
A simple app platform, Trophy Staking, allows you to stake and earn 1.2 percent every day for the next 365 days. Automated Compounding: Earn up to 850 percent daily APR.
Auto Staking and Auto Compounding Protocols with Utilities will be implemented in the Trophy Farming, allowing token holders to begin staking at 500 $TROPHY token holders. APY stands for Annual Percentage Yield. In this calculation, the effect of compounding interest is taken into consideration to determine the true return on your principal. If you use Trophy, your original principal is represented by your $TROPHY tokens. The new principal is equal to your Trophy token balance.
TOKENOMICS:
Name: Trophy
Ticker: TROPHY
Trophy Smart Contract: 0xBaAd7173c7eDd91269F52c32c1d98B523e1852e4
Total Supply: 280,000 $Trophy
Locked: 90,600 $Trophy
Public Hold: 120,000
Staking Liquidity: 40,000
Airdrop and Bounty: 10,000
Marketing: 15,000
Trophy Insurance Fund(TIF):
The $Trophy Insurance Fund, abbreviated TIF, is a distinct wallet in Trophy's TAP system. It is supported by a part of buy and sell trading fees accrued in the TIF wallet.
Ensuring long-term growth continuity through sustaining stable growth levels
TIF Address: 0x8473C0889Aa48c1bB9DAeb3Ba942B46dcD71ecB4
Trophy Treasuy:
The Treasury plays a crucial part in Trophy TAP protocol. It performs three crucial roles for Trophy's growth and sustainability.
The treasury provides financial assistance for the TIF. This additional support might be vital in the case of a $Trophy token price decrease or black-swan occurrence. It helps set a floor value for the $TROPHY token.
The treasury may also be used to support new Trophy goods, services, and initiatives that will extend and bring more value to the Trophy community, as well as marketing.
The Furnace:
1.5 percent of all $Trophy exchanged are burned in The Furnace. The more Tokens are traded, the larger the furnace grows by self-fulfilling Auto-Compounding, limiting the circulating quantity and keeping the Trophy system stable. An eternal burn of circulating supply increases the value of each $TROPHY token owing to its deflationary nature.
The Furnace Address: 0xd1985224780578CC49AAf6E4c6F11174a6Bd967
TROPHY Auto-Liquidity Engine (TALE)
Market liquidity is crucial to facilitating the buy and trade of $TROPHY tokens on PancakeSwap.
In layman's terms, think of Liquidity as a vast pool of money split 50/50 between $TROPHY and $BNB tokens. There is a conversion ratio to the amount of $TROPHY you can acquire with BNB, for example: 1 BNB Equals 18.66 TROPHY.
When someone buys TROPHY, the price per TROPHY will rise and the ratio above will alter to account for this. Sales go in the other way.
Liquidity allows anybody to purchase & sell their TROPHY/BNB at any moment, however the less money/liquidity there is in the pool, the poorer price you get. Our TROPHY Auto-Liquidity Engine (TALE) adds additional liquidity to that pool automatically, fixing the issue.
Here's how the TROPHY Auto-Liquidity Engine (TALE) works:
Every 48 hours, our TROPHY Auto-Liquidity Engine (TALE) will infuse automated liquidity into the market. On each purchase or sell order, a 5% tax charge is automatically placed in an Auto-LP wallet. Built into our protocol's smart contract is a mechanism that takes 50% of the amount of TROPHY kept in the wallet and automatically buys BNB at the current market price.
The remaining 50% of TROPHY in the Auto-LP wallet will be utilized for the TROPHY side of liquidity, giving an equal 50/50 weighting of TROPHY /BNB which will then be automatically injected as fresh, extra liquidity into the market pair thus enhancing the quantity of liquidity in the pool.
The TALE will accomplish this every 48 hours by providing more liquidity to the pool, which will allow $TROPHY token holders to sell their tokens at any moment with little to no market slippage. It will also help maintain protocol consistency to ensure APY is preserved during the life of TROPHY.
#SWAP #STAKE #AUTOSTAKING #EARN #MULTICHAIN #TROPHY $TROPHY
Trophy Token:
Trophy is a company focused on DeFi innovation utilities such as DEX SWAP and FARM STAKING, which creates benefits and value for Trophy token holders ($TROPHY is a Bep20 token), and the Trophy Auto-Staking Protocol (TAP) is a new financial protocol that makes staking easier, more efficient, and awards $TROPHY token holders (Stakers) the highest stable returns in crypto.
We also have various proprietary processes that we built that offer many enhancements over our competition, such as our TROPHY Auto-Liquidity Engine (TALE), the TROPHY Insurance Fund (TIF), and our Long term Interest Cycle (LIC), as well as precautions against hostile hack attempts.
TROPHY tokenomics are also absolutely unique with our Auto-Burn Furnace structure.
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