Caesar Finance

Caesar Finance is an auto-staking & auto-compounding protocol

$CAESAR #caesarfinance #AVAX #DeFi #defiyield #Yieldfarm #DEX #DeFiProject #HODL

Caesar Finance Delivers APY Over 150,000%, Releases New Roadmap, Automated Staking, New Website, Unique Taxation And Protocol Utility

New York, New York, Apr 04, 2022 (Newsfile Corp via COMTEX) -- New York, New York--(Newsfile Corp. - April 4, 2022) - Caesar Finance is a fork of Titano, based on the AVAX Network, that delivers an APY of over 150,000%. Caesar's goal is to provide a passive income stream while delivering useful protocol utility.

To view an enhanced version of this graphic, please visit:

https://orders.newsfilecorp.com/files/8372/119123_d69de2811400a971_001full.jpg

Automated-Staking & Compounding Mechanics

Caesar Finance built an automated staking system, Caesar Auto-Staking Protocol or CAP, that makes it easy to earn more tokens.

Unique Taxation Mechanic

One of the unique features of Caesar is the buy and sell fees. Users buying and selling $CAESAR pay a fee that is redirected to fill the Caesar treasury. 5% of transaction fees are also sent to an additional contract to improve the staking protocol distribution and maintain the health of the platform.

New Product Utility

Launching very soon are 2 features: Caesar P.L.A.Y. & $CAESAR Lockup.

Caesar P.L.A.Y. will be a contest for $CAESAR token holders. Participants deposit their $CAESAR tokens into Caesar P.L.A.Y. for a chance to win a prize of more $CAESAR at no risk.

$CAESAR Lockup will allow token holders to lock up their $CAESAR for a set period of time for a higher APY.

FEATURES

Auto staking : The CAP Autostake feature is a simple yet cutting-edge function called Buy-Hold-Earn, that provides the ultimate ease of use for $CAESAR holders.
Rebase Token : A Rebase Token is one whose circulating supply expands or contracts due to changes in the token price. This increase or decrease in supply works with a mechanism called rebasing. When a rebase occurs, the supply of the token is increased or decreased algorithmically, based on the current price of each token.
Risk-Free Value (RFV) : Risk-Free Value (RFV) is a separate wallet in Caesar’s CAP system. The RFV uses an algorithm that backs the Rebase Rewards and is supported by a portion of the buy and sell trading fees that accrue in the RFV wallet.
Treasury : The Treasury plays a very important role in Caesar’s CAP protocol. It provides three extremely critical functions for the growth and sustainability of Caesar. The Treasury is dedicated to buy backs and burns of the $CAESAR tokens when the AVAX/CAESAR pair supply is equal to or greater than 2.5% of the total supply.
APY : APY stands for Annual Percentage Yield. This measures the real rate of return on your principal tokens amount by taking into account the effect of compounding interest. In this case, your $CAESAR tokens represent your principal, and the compound interest is added periodically every rebase (which is every 30 minutes).

TOKENOMICS

Overview of $CAESAR Tokens

$CAESAR is an ERC20 token with an elastic supply which rewards its holders with a positive rebase formula, thus creating the first autostaking and autocompounding token on Avalanche.

Caesar has implemented trading fees in order to sustain and realize an industry leading APY. If you want to learn more about our trading fees, click . https://docs.caesar.finance/token/usdcaesar-buy-and-sell-fees

Where can I buy $CAESAR tokens?

The protocol will launch on the Avalanche blockchain within 24 hours of the release of this article. To ensure that the launch is fair and transparent, no presale or private allocations were made. Hence, it can be considered a ‘stealth launch’.

To ensure you’re ready to go for our launch, here’s a guide on how you can purchase $CAESAR:

Buy AVAX (Coinbase, Transak, Crypto.com, Binance, Huobi, etc). The AVAX we want is C-Chain and you’ll most likely buy C-Chain AVAX, but if the AVAX you buy is X-Chain, you’ll want to create an Avalanche Wallet (https://wallet.avax.network/) and follow this guide to change the chain: https://docs.avax.network/build/tutorials/platform/transfer-avax-between-x-chain-and-c-chain/#transferring-avax-using-the-web-wallet

Set up the Avalanche network on your MetaMask account and send your C-Chain AVAX. Follow this guide: https://docs.traderjoexyz.com/main/welcome/joes-guide-to-avalanche/metamask-tutorial#connect-metamask-to-avalanche. If you don’t have a MetaMask account, make one here: https://metamask.io/

Swap your AVAX for $CAESAR here. When swapping, set your slippage to 15%, and continuously increase until your transaction goes through. You will rarely need to go 5% above the minimum 15% slippage fee, but launch could require higher slippage.

That’s it, you can now connect your wallet on our app here: https://caesar.finance/dashboard. You are also set up to receive rebase rewards every 30 minutes.

Contract address: 0x42d047534eef46FD68fAD3d74726Fe51be4eeb8F

Marketing Event Launches With New Website

After completing their CertiK audit, Caesar is rolling out their bounty marketing program. The team will be rewarding $CAESAR tokens to community members for completing marketing tasks such as: sharing their protocol on Twitter, making videos, writing content, etc.

Conclusion

Caesar has just finished their Certik audit, they've released their v2 website, new product utility is on the way, and they are using the DeFi community to create exposure for their protocol.