What Is PyramiDAO?(PYRA)
PyramiDAO is positioned to lead a revolution in DeFi with the Auto-Staking Protocol (PAP), a new financial protocol that makes staking easier, and gives $PYRA token holders the highest stable returns in crypto.
Also, Itis built around an essential daily activity for the future good – riding around. We aim to effectively bring to life a functioning ride&earn concept, bring a healthy lifestyle for human being and provide a solution to reduce pollution/greenhouse gas emissions, protect the environment for Mother Earth.
Important Points Table Of PayFlow
| Basic | Points |
|---|---|
| Coin Name | PyramiDAO |
| Short Name | PYRA |
| Max Supply | 1,000,000,000 |
| Explorer | Click Here To View |
| Documentation | View Document |
| Website | Click Here To Visit |
How to Buy the Continental & Trade On Exchange?
Explore Products
The Highest APY Auto-Staking & Auto-Compounding Protocol.
Players earn handsome income with our Ride-to-Earn application
PyramiDAO is a fully decentralized, community governed protocol.
How much can earn?
The products are powered by DeFi and are designed to automaticially generate cash flow from your $PYRA portfolio.
#Ride-to-Earn
PyramiDAO is a web 3 lifestyle with a combination of defi, gamefi and social-fi elements.
AutoStake explain
The PAP AutoStake feature is a simple yet cutting-edge function called Buy-Hodl-Earn-Value, that provides the ultimate ease of use for $PYRA holders.
Buy-Hold-Earn-Value –
By simply buying $PYRA and holding the token in your wallet, you earn rebase rewards directly into your wallet, you valuation your self by become PyramiDAO Guardian. Your tokens will increase every 3 minutes.
Using a Positive Rebase formula, PyramiDAO makes it possible for daily token distribution directly proportional to the daily rebase rewards, worth 2889.95% of the total amount of tokens a $PYRA token held in your wallet.
The rebase rewards are distributed on each epoch (rebase period) to all $PYRA holders. This means that without moving their tokens from their wallet, PyramiDAO holders receive an annual compound interest of 1,054,834.58%
Pharaohs Insurance (PI)
The Pharaohs Insurance is the acronym for Insurance Value which is a separate wallet in PyramiDAO’s PAP system. The Pharaohs Risk Free Value plays a critical role in the Auto-Staking Protocol. The PI is an innovation from. It is a separate wallet that collects funds to support and stabilise the Liquidity pool.
This is particularly useful in the event of a sharp sell-off that might drain a liquidity pool. This can cause problems because liquidity is what allows the buying and selling of the $PYRA token. The PI provides a liquidity reserve and prevents this from happening during a sharp sell-off.
Egypt Treasury (ET)
The Egypt Treasury plays a very important role in PyramiDAO’s PAP protocol. It provides three extremely critical functions for the growth and sustainability of. The treasury functions as an additional financial support for the PI. This additional support can become important in the event of an extreme price drop of the $PYRA token.
It helps to create a floor value for the $PYRA token. The Egypt Treasury is also used to fund new They products, services, and projects that will expand and build up the PAP use cases and economy. Treasury also provide fund for development of Ride to Earn App & NFTs value creation in the future.
Annual Percentage Yield (APY)
The annual percentage yield (APY) is the real rate of return earned on an investment, taking into account the effect of compounding interest. Unlike simple interest, compounding interest is calculated periodically and the amount is immediately added to the balance. With each period going forward, the account balance gets a little bigger,
So the interest paid on the balance gets bigger as well. This measures the real rate of return on your principal tokens amount by taking into account the effect of compounding interest. In the case of PyramiDao.finance, your $PYRA tokens represent your principal, and the compound interest is added periodically on every Rebase event (Every 3 minutes).