Cairo Finance, How It Works?
Cairo is a Yield Optimizer with its own deflationary staking system that focuses on safety and auto-compounds crypto assets for the best APYs through the Binance Smart Chain.
The yield farming service provided by Cairo is enabled by the use of ‘Pools’, in which individuals stake their crypto tokens. Through automation, Cairo enables individuals to participate in pools, farm yields, and enjoy the benefits of compound interest without having to go through several complex steps. Cairo calculates the most optimal compounding frequency and automatically reinvests tokens via smart contracts.
MAXIMIZER STAKING PROTOCOL
The maximizer staking contract serves as an incentive and bonus to earn more Cairos and minimize token supply through the burning mechanism.
CAIRO BENEFITS
LOW FEES
Cairo runs on Binance Smart Chain, a blockchain with much lower transaction costs than Ethereum or Bitcoin. Trading fees are lower than other top decentralized exchanges too, so that’s a double win for you!
DECENTRALIZED
Trade directly from your wallet app. Unlike centralized exchanges like Binance or Coinbase, Cairo doesn’t hold your funds when you trade: you have 100% ownership of your own crypto.
CAIRO TOKENOMICS
- Total Supply : 100,000,000
- Anything that goes into the CAIRO MAXIMIZER staking contract gets burnt
to reduce the supply. - You can earn Cairo by using the maximizer until the supply of 100m has been reached.
- Roughly 15% of all Cairo fees will go towards development to ensure rapid innovation.
CAIRO MAXIMZER CONCEPT
- Depositing CAIRO to the Maximizer contract earns a consistent 1% daily return of their Cairo (365% maximum payout) passively.
- Investors can also compound their earnings through regular deposits.
- Maximizer contract will ALWAYS be able to provide the Cairo until the supply has been reached.
- CAIRO rewards come from tax on all Cairo transactions excluding buys from the platform’s SWAP page and farming performance fee.
Since Cairo deposited into Maximizer are sent to a burn address, CAIRO is the only deflationary daily ROI platform.
- 10% Invest fee
- 10% withdrawal fee
- 5% reinvest fee
The best strategy for CAIRO is to focus on real world adoption by building out your team through referrals, as you will receive 10% first level and 10% spread over 10 levels 1% each bonus rewards from referrals on their deposits and reinvest on your maximizer deposit.
CAIRO GOVERNANCE
Cairo holders control the ecosystem and receive the majority of farm performance fee profits. In order to claim these profits, Cairo holders stake their tokens in the Cairo Maximizer Pool. Profits are sent to this pool in the form of Cairo rewards.
The amount of profits you receive is determined by the number of Cairo tokens you stake (% of the pool) you own.
Cairo are currently have a snapshot voting page where users can use Cairo to vote on decisions within its community.
