- Titano (TITANO) is a protocol that offers auto staking and auto compounding.
- The protocol provides a fixed APY of 102,483%, which is worth a daily return on investment of 1.8999%.
- It has recently completed the audit from Certik, a crypto auditor firm.
If one knows about compound interest and its benefits, one can never ignore the avenues offering such features.
In the crypto world, the feature of earning compound interest is called Annual Percentage Yield (APY). Titano (TITANO) claims to be one such auto-compounding protocol in the crypto ecosystem.
Titano gathered attention lately as it has completed an audit from Certik, a crypto auditor firm. The audit is complete with eight major and medium findings, from which three already resolved, and the rest five of them will be mitigated with the launch of V2, said Titano in the official blog post.
Titano has further plans for V2 migration, PLAY's returns etc. Let's understand more about cryptocurrency.
What is Titano (TITANO)?
Titano is a protocol that claims to offer auto staking and auto compounding. The project mentions that the investment made by users starts growing from the time of purchase.
Its finance segment, Titano Finance, aims to transform decentralized finance (DeFi) services with its Titano Autostaking Protocol (TAP).
TAP claims to offer the highest fixed APY by rebasing rewards in 30 minutes and following a simple strategy to buy-hold-earn.
The protocol offers a fixed APY of 102,483%, worth a daily return on investment of 1.8999%.
It rewards the users or stakers every 30 minutes, which means 48 times daily. With the 30-minutes rebasing system, the compounding works exponentially; unlike other staking protocols, those rebase the rewards every 8 hours.
Also Read: Why is ShibaDoge (SHIBDOGE) rising today?
Its new TAP based project is Titano P.L.A.Y., where token holders can generate more rewards.
Under the P.L.A.Y. project, the users can enter with their Titano tokens and play. The protocol announces the winner each week, and most importantly, the principal or the initial deposit remains intact even if one loses.
Also Read: Why is Polygon (MATIC) crypto rallying?
TITANO token details:
Its token TITANO is a BEP-20 token used to reward holders with its elastic supply using a positive rebase formula.
TITANO token price rose 6.17% to US$0.1932 at 4:06 am ET, Friday.
Its market capitalization is US$210 million. Its self-reported circulating supply is 1.09 billion TITANO, and its total supply is 835.16 million.
PancakeSwap (V2) is currently the cryptocurrency exchange offering Titano for buying, selling, and trading.
High staking rewards may attract users and investors alike. Still, the risk remains as the crypto market is not adequately regulated, and various scams have happened lately where people have lost their hard-earned money.
Thus, investors must exercise caution while investing in digital assets.
Risk Disclosure: Trading in cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory, or political events. The laws that apply to crypto products (and how a particular crypto product is regulated) may change. Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading in the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed. Kalkine Media cannot and does not represent or guarantee that any of the information/data available here is accurate, reliable, current, complete or appropriate for your needs. Kalkine Media will not accept liability for any loss or damage as a result of your trading or your reliance on the information shared on this website.