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STY DAO Ecosystem
What is DAO?
Decentralized autonomous organizations (DAOs) are organizations designed to be automated and decentralized. They operate as a type 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. It is in the interest of the members of the DAO - if properly respected - to be heard and acted upon. Therefore, DAOs are transparent and, in theory, indestructible. All of the organization's transactions are recorded and maintained on a blockchain.
Introducing the STY DAO Platform:
While one of the most lucrative parts of crypto is private sale, it can be extremely difficult and even impossible to get into a high-potential private sale for the average investor. Lacking the large fund, reputation and other credentials, most private investors abandon the chance to join private sales or hold blue-chip NFTs even when they know these projects will succeed.
Understanding this demand, the STY team developed the STY DAO ecosystem, which allows the STY community to invest in private sales and expensive assets. The STY DAO will focus on investing in Blue-chip and gem NFTs as well as Music and Earn trend and Metafi projects.
Investors can use $STY to vote for the purchase and selling of the projects of their choice, and contribute $STY to invest in these projects. Thanks to STY DAO, private investors can earn profit from x100 private sales and own a part of expensive NFTs without any barriers. In addition, a part of the profit from the STY DAO goes back to grow the STY system, which ensures STY Finance longevity and sustainability.
STY merges the power of Defi and DAO, creating a one-stop platform that is set to change the lives of millions of people all over the world.
Set APY . calculation
“Compound interest is the most powerful force in the universe.” - Albert Einstein
APY stands for Annual Percentage Rate. This measures the real rate of return on your principal by taking into account the effect of compounding.
In StormYield Finance, the $STU token represents your principal and compound interest is added periodically to every Rebase event(every 5 minutes).
Simple formulas and calculation of interest:
A = Final Investment Value, using a simple interest formula: A = P (1 + rt) where P is the Principal Amount Invested at R% Interest Per Period for t Number of Periods. Where r is in decimal form; r = R / 100; r and t in the same time unit.
The cumulative amount of an investment is the initial principal P plus the accumulated simple interest, I = Prt, so we have:
A = P + I = P + (Prt), and finally A = P (1 + rt)
Calculate the total amount to be paid (principal + interest), solve for A
A = P (1 + rt)
Calculate principal, settle for P
P = A / (1 + rt)
Calculate the interest rate as a decimal, solve for r
r = (1 / t) (A / P - 1)
Calculate interest as a percentage
R = r * 100
Calculate time, solve for t
t = (1 / r) (A / P - 1)
For example:
P = (Principle + Interest) = $1,000
A = (Total Accumulated Amount) = 6,692,126.2 USD
STY Tokenomics
$STY native token in Storm Yield Finance to reward owners every 05 minutes.
STY TOKEN DISTRIBUTION:
Initial Supply: 400,000
Max Supply: 5,000,000,000
Fairlaunch: 240,000
Liquidity: 122,400
Trading Fees Explain:
Buy: 12% tax
Automatic LP: 3% of order fees return to liquidity
STY Insurance Fund: 5% of order fees are stored in SIF
Treasury: 2.5% of order fees go to the Treasury
Lightning Rod: 1.5% of $STY is burnt in the Lighting Rod
Sell: 18% tax
Automatic LP: 3% of order fees return to liquidity
STY Insurance Fund: 5% of order fees are stored in SIF
Treasury: 8.5% of order fees go to the Treasury
Lightning Rod: 1.5% of $STY is burnt in the Lighting Rod
Website: https://stormyield.finance/
Telegram: https://t.me/stormyieldglobalchat
Twitter: https://twitter.com/stormyield
Discord: https://discord.com/invite/Q9WAauv78v
Whitepaper: https://stormyield.finance/#Whitepaper
Telegram Username: @bunkyky
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=3431059;
Participated Campaigns: video campaign
wallet : 0xF080A9601A527a764fB9Ae197c49479b044bcF03
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