$DARTH
$Darth, before we get into that, let’s back track a little. When you buy any cryptocurrency, let’s say you plan to hold it for a long period of time. You wouldn’t want it to simply sit in a wallet, we would be prefer to be able to use it to earn more, and staking happens to be one of those ways we achieve this.
You take your wallet and connect it to a smart contract, approve some transactions, then stake. Then after a while you would check back to claim your rewards then stake it, Auto -compounding it with your previous stake to grows your rewards exponentially and not linearly. It’s not a fancy term and I will get into it.
Since we are talking about Darth protocol, I will use $DARTH as an example imagining, it was your regular protocol which it isn’t…
Linear
Say you buy 1 $DARTH, you go to $DARTH pool, you stake it. And let's say the pool pays out whatever you put in every week. So a return of %100 weekly. You stake your $DARTH and after a month, you claim 4 $DARTH in rewards + your initial one, giving a total of 5 $DARTH at the end of the month.
Exponential
Same scenario as above, but instead after every week, you go to claim your $DARTH and re-stake it, adding to it to you prior staked $DARTH. In this scenario, after week 1, you would receive and stake 1 $DARTH, total staked $DARTH is 2, after week 2, you will receive 2 $DARTH, total staked $DARTH is 4, after week 3, you will receive and stake 4 $DARTH bringing the total staked $DARTH to 8, and end of week 4 which is month end, you will claim 8 $DARTH in reward and un-stake your 8 $DARTH bringing you total to 16.
Notice the difference, the exponential method described would be you compounding your rewards. In essence Linear returns after a year is called APR (Annual Percentage Return) while Exponential returns after a year is APY (Annual Percentage Yield)
BUT
Oh , the big but, what if there was a way to get rid of the steps of having to stake and even-compound rewards yourself, what if the rewards could be auto-staked saving you time and fees.
Well, the what ifs are made possible by Darth protocol. Darth Protocol provides you with an Auto-Staking & Auto-Compounding tool made possible by a few things we will get into in a bit, with an APY of 383,000.00% (If you started with $1, you would have $3830 at year end)
Through the Darth Auto-staking Protocol (DAP) , all you need to do is Buy, Hold and you earn and grow your holdings. You are paid a return every 15 minutes which cumulatively adds up to 96 times daily at no extra expense for you.
Okay lets get into the bits….
$DARTH
This is the token used on Darth protocol, it plays a big part in the auto-staking protocol
Buy and Sell Fees
This plays an important role, Whenever a trade of $DARTH is made, 14% is charged on the buy side while 16% is charged on the sell side, this powers the stable APY of $383,000.00%.
DARTH Insurance Fund (DIF)
Darth Insurance Fund is a separate wallet in the Darth system. 5% of the buy and sell fees is deposited here. This is where the rewards is sent from every 15 minutes and also acts as a reserve in situations where there are less $DARTH transactions, the reserve of DIF is used to distribute rewards to holders
The Fire hole
2.5% of fees captured from $DARTH trades is burned in The Fire Hole, creating less and less supply of $DARTH. The higher the trading volume, the more is put into The Fire Hole which results in a reduction in circulating supply and maintaining the Darth protocol as burning the circulating supply leads to a decrease in the supply quantity and thus an increase in the individual value of each token.
The Tunnel
2.5% of the buy trading fees and 4.5% of the sell fees of $DARTH is stored in the tunnel which provides marketing budget for $DARTH, funding of new products (DARTH plans to release a DEX and it’s very own wallet), and also supports the DARTH Insurance Fund if the need arises. In addition, the Tunnel is expected to always hold enough $DARTH, that in the event of a a price collapse, there’s a vault that contains enough $DARTH that would resist selling pressure.
Liquidity pool
Finally, the remaining 5% in fees is to provide liquidity support for $DARTH pool on pancake swap ensuring a continuously and sustainably increasing value of $DARTH.
All right, that’s it. Check out Darth protocol website here: DARTH | Most powerful Auto-Staking & Auto-Compounding Protocol In Crypto (darthvader.io)
Also, there would be a chance to get some $DARTH early on through their token sale. Stay connected to their socials.
Darth Twitter: (1) DARTH $DAH l #BUY_HOLD_GROW (@Darth383000) / Twitter
HUGE UPDATE on Fair Launch
When i wrote this article, i said to keep an eye out for the token sale, guess what. 130,000 $DARTH token are going to be available through a fair launch on pinksale.finance, out of 325,000 total supply of $DARTH. That’s huge, It’s going to last 5 days spanning from May 4th to May 9th.
$DARTH Fair Launch link: https://www.pinksale.finance/?s=03#/launchpad/0xf1af4A69624ebE537a7D85Ba9Be4c8207945E78B?chain=BSC
