Trident Protocol (otherwise known as TAP) is a new Decentralized Finance (DeFi) protocol that offers straightforward staking and the highest stable returns in crypto.
Go grab yourself some $TRIDENT and get on the presale list on the PinkSale on September 1st, 8PM UTC!
Before applying for the TAP, let’s delve into the exceptional benefits this upcoming protocol holds for all $TRIDENT holders:
- Low-risk staking: 5% of all trading fees are held in the Trident Insurance Fund (TIF) to sustain and back all staking rewards and maintain price stability and potential risks. $TRIDENT always stays in your wallet, so you keep all of your earnings.
- Speedy interest payments: TAP will pay you every 15 minutes, making it the most rapid auto-compounding protocol in the blockchain space to date.
- Automatic interest yield: You do not need to restake your $TRIDENT tokens because Trident automatically pays and compounds the interest yield in your wallet. Thus, you will not miss any payments.
- High fixed annual percentage yield (APY): For the first year, Trident pays out an interest rate of 382,945% (more than any other DeFi organization).
- Automatic “Token Burn” system: An exciting feature of TAP includes its automated “Token Burn” system dubbed “The Black Hole”. The feature ensures that circulating supplies are controlled, burning out 2.5% of all Trident Token market sales like all individual transactions.
The key element to point out here is Trident Protocol’s ability to offer $TRIDENT holders rewards like no other DeFi organization currently circling in the crypto sphere.
The protocol offers all $TRIDENT holders a consistent 0.02355% rebase rate every 15 minutes. Better still, collectors will receive these payments over 13.5 years—until reaching the maximum supply of 3.25 billion tokens.
The TAP functions on a new set of mechanics to ensure protocol sustainability. Many of which Trident create themselves, such as Trident Auto-Liquidity Engine (TALE) and the Trident Insurance Fund (TIF).
The good thing about TALE is that the function sets the amount of $TRIDENT you can get with $BNB tokens, injecting automatic liquidity into the market every 48 hours.
Whereas TIF serves as an insurance fund to achieve price stability and long-term sustainability of the Trident Protocol—making the generous rebase rate every 15 minutes possible.
Another perk Trident brings to the world of crypto is that, unlike its competitors, TAP does not utilize selling bonds. The organization knows that selling bonds eliminates and reduces the ability to offer a stable APY. Therefore, by not doing so, $TRIDENT keeps its value.
The PinkSale pre-launch includes 192,576 $TRIDENT tokens. Everyone will have an equal chance to buy such tokens on the PinkSale on September 1st.
Although, 10,000 of these tokens will be up for grabs on Trident’s Discord and Twitter for FREE. So, join the community channels!
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
Source: https://cryptodaily.co.uk/2022/08/join-the-presale-for-trident-protocol-coming-soon