FUTURE - OVERVIEW
Last updated
Last updated
FUTURE provides a decentralized financial asset which rewards itβs users with 0.018% increase in their assets, every 10 minutes. The FUTR reward generation is a unique protocol that has advanced profit making. The FUTR rewarding protocol generates and distributes a 0.018% reward every 10 minutes for all active users. The protocol equips RFI properties. This protocol is equipped with innovative technologies and features that other forks lack. It is specially designed to be automated and efficient.
Staking - Easy and Safe
The FUTURE tokens always stay in your wallet; it doesn't need to be put into the high risk staking contract. All you need to do is buy & hold it and automatically multiply rewards in your own wallet so thereβs no need to learn about the stake/unstake mechanism and also avoid paying an additional tax fee on staking operations.
FUTR insurance fund
The $FUTURE Insurance Fund, abbreviated CIF, is a separate wallet in FUTURE's system. The CIF employs an algorithm that underpins the Rebase Rewards and is funded by a portion of the buy and sell trading fees accumulated in the CIF wallet. Simply put, the CIF parameter backs the staking rewards (rebase rewards) that are distributed every 10 minutes at a rate of 0.018 percent, ensuring a high and stable interest rate to $FUTURE token holders.
Reduction of risk associated with downside
Ensuring long term growth continuity by maintaining constant growth levels Ensuring price stability through rebase strategy
FUTURE Treasury
The Treasury is very important in the FUTURE protocol. It performs three critical functions for the growth and long-term viability of FUTR. The treasury serves as an additional source of funding for the CIF. This additional support could be useful if the $FUTURE token's price falls dramatically. It contributes to the establishment of a floor price for the $FUTURE token.
The Burning Pit
The burning Pit consumes 1.0 percent of all $FUTURE traded. The more that is traded, the more that is added to the fire, causing the fire pit to grow in size, larger and larger through self-fulfilling Auto-Compounding, reducing the circulating supply and maintaining the FUTURE protocol stable.
Liquidity management
Liquidity can be thought of as a large pool of money that is split into half between $FUTURE and $BNB tokens. There is a conversion ratio that is set to the amount of $FUTURE that can be obtained through BNB, for example: 1 BNB equals 36.44 FUTURE.
APY formulation for FUTURE
The FUTR protocol follows daily-interest compounding simple formulation Where. A is the future value of your investment P is the principle investment r is the interest rate in decimals n is the number of time interest compounded in the given time t is the total time period for investment maturity It should be noted that rate r and time t should be expressed in the same time units, such as months or years. Time conversions based on a 365-day year have 30.4167 days/month and 91.2501 days/quarter. There are 360 days in a year, with 30 days per month and 90 days per quarter. In the present case: If the user invests $1000 worth $FUTURE for a period of 1 year at 0.018% compounding every 10 minutes. He will have $1,284,615.72 FUTURE after his investment maturity.