383,025% APY Changpeng Zhao “CZ” Retirement Package

mikemurpher
Coinmonks
4 min readJun 5, 2022

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Multichain Capital Incubation Auto-staking and Auto-Compounding Protocol with big returns and deployed currently on 4 chains ETH, BSC, FTM, METIS.

Changpeng Zhao “CZ” Retirement Package ($CZR) is a High Fixed APY for the first 12 months. After the first 12 months the interest rate drops over a predefined Longterm Interest Cycle period. $CZR pays every $CZR Token holder every 15 minutes or 96 times each day, making it the fastest auto-compounding protocol in crypto.

Two of the exciting features of the CZ Retirement Package is firstly an automatic token burn system named “The Fire Pit” which prevents circulating supply getting out of hand and becoming unmanageable. The Fire Pit burns 1% out of all $CZR market sales and is burned in the same individual transaction.

Secondly Multi Chain Capital ($MCC) buybacks. $CZR is a $MCC incubation project which provides the capability to automatically buy back $MCC for the MultiNodes rewards pool.

$CZR is an Easy and Safe Staking project for the very beginneers — The $CZR token always stays in your wallet so it doesn’t need to be put into the hands of a 3rd party or centralized authority. All you need to do is buy & hold as you automatically receive rewards in your own wallet so there’s no more complicated staking processes at all.

The $CZR uses an Auto-Stake feature which is a simple yet cutting-edge function called Buy-Hold-Earn..

Buy-Hold-Earn — By simply buying and holding $CZR token in your wallet, you earn rebase rewards as interest payments directly into your wallet. Your tokens will increase every 15 minutes.

Using a Positive Rebase formula, $CZR makes it possible for token distribution to be paid directly proportional to the epoch rebase rewards, worth 0.02355% every 15 minute epoch period of the total amount of $CZR tokens held in your wallet. The rebase rewards are distributed on each EPOCH (15 minute rebase period) to all CZRholders.

This means that without moving their tokens from their wallet, $CZR holders receive an annual compound interest of 383,025.80% for Year 1.

In order to maintain sustainability and future growth, the contract uses a holders with continued compound interest in perpetuity.

Each Interest Cycle is 15 minutes in length and is referred to as an EPOCH.

There are 35,040 EPOCH’s in 1 year.

EPOCH 1–35,040: 0.02355% every EPOCH (First 12 Months)

EPOCH 35,041–52,560: 0.00211% every EPOCH (Next 6 months)

EPOCH 52,561–245,280: 0.00014% every EPOCH (Next 6.5 Years)

EPOCH 245,281: 0.00002% every EPOCH (In Perpetuity until max supply is reached)

Trading Fees Explained

Buy Trading Fees:

4% — LP … 6% — RKV … 3% — Treasury … 1% — Fire Pit

Sell Trading Fees:

4% — LP … 6% — RKV … 5% — Treasury … 1% — Fire Pit

  • LP — Trading fees goes to backing the liquidity pool ensuring an ever-increasing collateral value of $CZR.
  • RFV — Trading fees are stored in the RFV Wallet which helps sustain and back the staking rewards provided by the positive rebase.
  • Treasury — Trading fees go directly to the treasury which supports the RFV and provides a marketing budget for $CZR and funds new product development.
  • Fire Pit — 1% of all $CZR traded are burnt in the Fire Pit. The more that is traded, the more get put into the fire causing the fire pit to grow in size, larger and larger through self fulfilling auto-compounding which in return acts to reduce the circulating supply of $CZR and keeping the Safuu protocol stable.

A community website CZR finance has been created and is available from the link below. It contains more information about the $CZR project, links to purchase $CZR on each of the 4 chains and a chart portal to view each of the $CZR charts.

If this article piqued your interest, you’d be glad to know that there will be more like it and you can find more of me in the $MCC Official Community — https://t.me/mccOFFICIALtg

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mikemurpher
Coinmonks

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