It’s no shock that the decentralized finance (DeFi) ecosystem is as giant as right this moment. With over $75 billion locked in DeFi protocols, the ecosystem has proven explosive progress, and innovation is at an all-time excessive within the house. DeFi is constructing and creating options greater than the mere swapping, yield farming, and liquidity mining on which the house has constructed its repute.

One of the crucial thrilling issues about DeFi is the huge alternatives for customers to earn a passive revenue, whether or not banked or unbanked. The choice monetary services on DeFi protocols have opened a beforehand closed monetary ecosystem, permitting everybody to take part wherever they’re on the planet. 

Typically, DeFi brings forth new approaches to earn a passive revenue for its customers, together with liquidity mining, yield farming, lending, and, mostly, staking. Whereas all these strategies of passive revenue era are in style within the crypto house, staking has develop into a favourite for DeFi customers resulting from its simplicity. Customers earn a passive revenue by placing up a portion of their crypto property in a pockets (or good contract) to help within the proof-of-stake consensus mechanism.

Not too long ago, DeFi protocols are exploring new mechanisms to supply extra thrilling rewards and assist customers generate passive revenue from cryptocurrencies. One such undertaking, Safuu, gives extra environment friendly passive revenue era channels by its sustainable rebasing and auto-compounding options. 

New Approaches to Producing Passive Revenue in DeFi

Safuu, or Sustainable Asset Fund for Common Customers, is “a DeFi undertaking that rewards customers with a sustainable fastened compound curiosity mannequin by its distinctive SAP protocol”, its web site reads. The platform gives one of many highest fastened APY for its staking members (over 382,000% APY for the primary 12 months), which is paid out each quarter-hour. Not like different staking platforms that require the investor to stake their crypto manually, SAP provides the Safuu token automated staking by way of a easy buy-hold-earn system instantly in your crypto pockets.

Removed from solely providing staking rewards, Safuu additionally reinvests the rewards robotically, giving customers extra revenue on their financial savings. 

“Safuu is an organization targeted on DeFi innovation that creates advantages and worth for Safuu token holders”, stated Bryan Legend, the CEO of Safuu. 

How does the Safuu Protocol Convey a New Gentle to DeFi?

As defined above, there are a number of methods for DeFi customers to generate passive revenue within the ecosystem. Nonetheless, because the business scales and extra folks enter the house, doubts about whether or not the system will probably be sustainable and worthwhile sufficient for its customers. Safuu mitigates this concern by offering a completely scalable, secure, and sustainable construction that ensures excessive APY charges and profitability are maintained all through its life. 

First, Safuu ensures its platform is low danger by way of the Safuu Insurance coverage Fund (SIF), which collects 5% of all buying and selling charges on the platform. This helps maintain and again the staking rewards by sustaining value stability therefore vastly lowering draw back danger. The SIF makes use of an algorithm that backs the rebase rewards, supported by the 5% buying and selling charges despatched to the SIF contract. 

In easy phrases, the staking rewards (rebase rewards), distributed each quarter-hour at a price of 0.02355%, are backed by the SIF parameter, thus making certain a excessive and secure rate of interest for $SAFUU token holders. Moreover, the Treasury offers assist to the SIF in an excessive value drop of the $SAFUU token. 

Safuu has additionally integrated the “Fire Pit”, an thrilling characteristic that robotically burns $SAFUU tokens. This controls the circulating token provide, which means extra worth to the remaining tokens. The ‘Fireplace Pit’ burns 2.5% of all $SAFUU token market gross sales inside the identical transaction. Because of this the extra quantity of $SAFUU tokens traded, the extra tokens are burnt within the ‘Fireplace Pit’. With big volumes of $SAFUU paid out in rewards, burning the tokens prevents the availability from getting out of hand. 

Lastly, Safuu, because the title suggests, offers straightforward and secure staking for its customers. The staked $SAFUU tokens at all times keep within the investor’s pockets, eradicating any third events and intermediaries, which means the investor will get all of the revenue. As defined, customers will solely want to purchase and maintain their tokens of their wallets to earn curiosity yield and auto compound their rewards robotically.