Storm Yield is the next generation cryptocurrency
#stormyield #STY #DEFI #titano #bscgems #bscgemcoin #apy
STY is sweeping through the Defi world with its unique Storm Yield Protocol, which offers a decentralized financial asset that rewards holders with a sustainable fixed compound interest. Buy-Hold-Earn $STY for the highest fixed APY in Crypto, compounded every 5 minutes. Watch your portfolio grow faster than lighting right in your wallet.
What is DAO?
Decentralized Autonomous Organizations (DAOs) are organizations designed to be automated and decentralized. They act as a form of venture capital fund, based on open-source code and without a centralized management structure.
All transactions of the organization are recorded and maintained on the blockchain. Interests of the members of DAOs are — if honored correctly — heard and executed. Hence, DAOs are transparent and, in theory, incorruptible. All transactions of the organization are recorded and maintained on a blockchain.
StormYield Finance unique elements
StormYield Finance is an outstanding staking service with unique elements designed to bring huge benefits to $STY holders.
Secure staking service: 5% of all trading fees are kept in the STY Insurance Fund which helps sustain the staking rewards by maintaining price stability.
Highest and easiest Staking: Staking with StormYield Finance becomes easier than any others. Investors just need to HOLD TO EARN $STY with the highest APY at 669,212%.
Lighting speed rebase rate and payment: $STY holders will receive a reward every 05 minutes (288 times/day), making STY the fastest auto-compound finance platform in the crypto world.
Auto burn: One of the most unique features is THE LIGHTNING ROD — a progressive burning mechanism. STY Lighting Rod protects the STY protocol by reducing the circulating supply and maintaining a higher STY price over time.
Auto-Compounding
The STY Auto-Compound feature employs a simple Hold to Earn mechanism where you can receive rebase rewards as interest payments directly into your wallet just by holding the $STY token.
STY enables $STY tokens to be paid directly proportional to the epoch rebase rewards. With Crypto’s highest paying Auto-Staking & Auto-Compounding protocol and the greatest fixed APY in the industry at 669,212.62%, all BSC wallets holding $STY token receive auto-compounded interest reward worth 0.00838% every 5 minutes.
StormYield Finance provide an innovative, highest and easiest mechanism to earn profit from staking $STY by applying the power of compounding interest.
STY Insurance Fund (SIF)
SIF stands for the STY Insurance Fund. The SIF is a separate wallet within the STY’s system, which is supported by 5% of the Buy and Sell trading fees that accrue in the SIF wallet.
The SIF operates as an Insurance fund that consistently pays a 0.00838% rebase rate to all $STY holders every 5 minutes to ensure price sustainability, avoiding flash crashes and fostering long-term growth of the STY Protocol.
Storm Yield Insurance Fund Receiver: 0xF1F47f90F6c8dF3aB27EfD1e7ED91fCe819814cD
STY Treasury
The Treasury plays a central role in the STY Protocol. In the event of an extreme price drop or an unprecedented black-swan event, the Treasury would send support to the SIF, keeping the price stable and sustainable for the long term.
Th Treasury also funds our marketing campaigns, community activities, investments as well as the R&D of future products.
The Lightning Rod
The Lighting Rod is STY Protocol’s original Burning mechanism. 2.5% of all $STY traded are burnt in the Lighting Rod.
The more that is traded, the more liquidated by the Rod. Just like how real life lightning rods cancel out lightning threats, the STY Lighting Rod protects the STY Protocol by reducing the circulating supply, thus combating positive rebase interest and keeping the protocol sustainable.
STY Auto-Liquidity Engine (SALE)
Liquidity is the pool of money that is split 50/50 between $STY tokens and $BNB tokens, which allows for anybody to buy & sell their STY/BNB at any time.
However, you cannot get a good price if there is not enough liquidity in the pool. Thus, the STY Team designed the STY Auto-Liquidity Engine (SALE) to automatically inject more liquidity to the original Liquidity Pool.
Long-term Interest Cycle (LIC)
In order to maintain sustainability and future growth, STY Finance has introduced the Long-term Interest Cycle (LIC) feature, which allows $STY token holders to enjoy perpetual compound interest.
Each Interest Cycle is 5 minutes in length and is referred to as an EPOCH.
There are 105,120 EPOCH’s in 1 year.
EPOCH 1–105,120: 0.00838% every EPOCH (First 12 Months)
EPOCH 105,120- 157,680: 0.00066% every EPOCH (Next 6 months)
EPOCH 157,680: 0.00006% every EPOCH (In Perpetuity until max supply is reached)
Audit Techniques and Strategies
During the review process, attention is paid to evaluating the repository for issues related to security, code quality, and compliance with specifications and best practices. To do so, review line by line by our team of expert pentesters and smart contract developers, who document any issues found.
The auditing process follows a routine series of steps:
- Code review that includes the following:
Review of the specifications, sources, and instructions provided to SolidProof to make sure we understand the size, scope, and functionality of the smart contract.
Manual review of code, which is the process of reading source code line byline in an attempt to identify potential vulnerabilities.
Comparison to specification, which is the process of checking whether the code does what the specifications, sources, and instructions provided to SolidProof describe.
2. Testing and automated analysis that includes the following:
Test coverage analysis, which is the process of determining whether the test cases are actually covering the code and how much code is exercised when we run those test cases.
Symbolic execution, which is analysing a program to determine what inputs causes each part of a program to execute.
3. Best practices review, which is a review of the smart contracts to improve efficiency, effectiveness, clarify, maintainability, security, and control based on the established industry and academic practices, recommendations, and research.
4. Specific, itemized, actionable recommendations to help you take steps to secure your smart contracts.
Scope of Work/Verify Claims
The above token Team provided us with the files that needs to be tested (Github, Bscscan, Etherscan, files, etc.). The scope of the audit is the main contract (usual the same name as team appended with .sol).
We will verify the following claims
Correct implementation of Token standard
Deployer cannot mint any new tokens
Deployer cannot burn or lock user funds
Deployer cannot pause the contract
Overall checkup (Smart Contract Security
Tested Contract Files
This audit covered the following files listed below with a SHA-1 Hash. A file with a different Hash has been modified, intentionally or otherwise, after the security review. A different Hash could be (but not necessarily) an indication of a changed condition or potential vulnerability that was not within the scope of this review.
Roadmap & In 2022
Website Development
Official Whitepaper Documentation
Smrt Contract Deploy
dApp V1 Dashboard Test Net
Solid Proof Audit
RugDog KYC
dApp V1 Dashboard Mainnet
Discord, Twitter, Telegram Build Up Community
PR Marketing
Bounty Campaign
Pre-Launch Marketing
Fair Launch on PinkSale
Liquidity Locked 20 years BY PINKLOCK
Twitter — Youtube Marketing Campaign
CoinMarketCap Listing
Certik Application
CoinGecko Listing
DappRadar Listing
Certik Audit
Airdrop Campaign
5,000 Token Holders
10,000 Token Holders
15,000 Token Holders
STY DAO (in May)
20,000 Token Holders
50,000 Token Holders
Upgrade dApp V2 Dashboard
Partnerships
Cross-Chain Integration
Follow StormYield Finance on our social platforms:
Web ; https://stormyield.finance/
Telegram Chat Group ; https://t.me/stormyieldglobalchat
Telegram Channel ; https://t.me/stormyieldfinance
Twitter ; https://twitter.com/stormyield
Medium ; https://medium.com/@stormyieldfinance
Discord ; https://discord.gg/Q9WAauv78v
Reddit ; https://www.reddit.com/user/StormYieldFinance
Author:
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=2516772
BSC Wallet Address: 0x5ea55e3a852e85afb61f91681d5d0cd639f15058
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