In order to offer an additional revenue stream to its users and create an extra deflationary mechanism, the Titano team have created the T.S.P (Titano Stable Pool). The T.S.P. offers investors a high and variable APR with a major difference because in this staking system, the rewards are paid to investors in $BUSD tokens!
As always, investing with Titano Finance is simple and safe. Users stake $TITANO tokens and receive a percentage of the $BUSD distribution. Users can monitor the rewards on the dapp and claim them at any time.
Where do the $BUSD funds come from?
The distributed $BUSD comes from a dedicated faucet contract.
Titano utilizes a portion of the revenue derived from Swych (DEX) to offer rewards to stakers in $BUSD daily. The funds are 100% self-sustaining. This means, for as long as Swych exists, the T.S.P. will be active and ready to deliver a stablecoin income to those that have deposited $TITANO.
Deflationary Staking Pool
As well as supporting holders of $TITANO, the T.S.P. is designed to support the Titano protocol with a simple but effective deflationary mechanism. 100% of the $TITANO rebases from the deposited funds will be burned. These burns will provide a significant contribution to the deflation of $TITANO which again benefits holders and the protocol health as a whole.
Early exit fee
To ensure and sustain the T.S.P., we have integrated an early exit fee similar to the one designed for the P.L.A.Y. protocol. This helps the system sustain a high interest rate for a longer or undefined period. The early exit fee decreases by 0.1% every day until it reaches zero in 365 days.
Early Exit Fee = 36,5%Early Exit Fee Period = 365 days