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How does the ASAR feature work?
The ASAR Auto-Staking and Auto-Reflection Protocol feature is a simple yet cutting-edge function called Buy-Hold-Earn, that provides the ultimate ease of use for $ES2 holders.
- By simply buying and holding $ES2 token in your wallet, you earn rebase rewards in the form of interest payments that are deposited directly into your wallet. Your holdings will increase every 15 minutes.
- Reflections are paid out as BUSD rewards on volume after just one hour. (payout time may vary depending on volume)
Using a Positive Rebase formula, ES2 makes it possible for token distribution to be paid directly in proportion to the epoch rebase rewards, worth 0.02355% every 15 minute epoch period. The rewards received are based on the ratio between total supply and the total amount of $ES2 tokens held in your wallet. The rebase rewards are distributed on each EPOCH (15 minute rebase period) to all $ES2 holders.
Notice: Rebase updates automatically once some time passes for the contract to trigger. Also a sell from any holder can trigger the rebase to update in all wallets. For the BUSD rewards, any transfer/buy/sell/claim will update the dividends so the holder can earn based on the updated rebase compounded as well; otherwise the holder will keep earning BUSD based on the last trigger transaction.
(Example: Holder of 1% of circulating supply earns 1% of all BUSD rewards. If others update their dividends with transactions, holder will act as if holding less than 1%, and will start earning less than 1% of all BUSD rewards. When the holder makes a transaction, the dividends update and the holder starts earning BUSD based on the exact and true % of circulating supply that they now own.)
Without moving their tokens from their wallets, $ES2 holders will receive an annual compound interest of 383,125.80% for Year 1.
The interest rebase rate then reduces after the first 12 months.