Let's Earn
Let's Earn - The first continuous auto-compounding protocol on #BSC
Hello all how are you? I hope you are doing well, on this occasion I will review a project called LET'EARN, Let's Earn is how the first auto-staking Blockchain Protocol works. Users can earn py with binance smart chain blockchain. it, introduces the most advanced features for the community to Bet You, Reward & Get Daily High APY On binance Smart Chain Network. They have built their own platform where users can hold you,r tokens with continued sustainability & Get High Rewards For holding Tokens. Here Mentioned Official Website Where You Can Find More Details About Let's Earn. This makes investors very reliable to stake, let, earn tokens with auto staking feature.
Let's Earn changes the Auto-compounding and Auto-staking space in DeFi with a truly continuous Autostaking & Autocompounding Protocol and not a 'complicated ponzi scheme'. While maintaining an incredibly high APY, daily rebasing rewards, and a simple buy-hold-earn system that grows your portfolio in your wallet, fast but sustainable in the long run.
What is APY?
APY stands for Percentage of Annual Yield. It measures the real rate of return on your main token amount taking into account the compound interest effect. In the case of letearn.io, your $LETSEARN token represents your principal, and compound interest is added periodically on each Rebase event (8 times per day).
Your new principal amount is your current amount of $LETSEARN tokens, plus your new rebase token amount. This total amount will be calculated for your next rebase reward.
What is rebase?
Rebase basically adjusts circulation capacity i.e. decreases by burning tokens or increases by adding tokens to supply - including all token holder and LP amounts. This is done to adjust the token price, without affecting the value of anyone's token share. This increase or decrease in supply works by a mechanism that adjusts the supply algorithmically.
What is RFV?
RFV stands for Risk Free Value which is an important feature in the Let's Earn Autostaking Protocol (LEAP). This is a separate wallet that raises funds by earning 5% of all trading fees in the $LETSEARN/$BNB liquidity pool on Pancakeswap.
RVF is used to support and stabilize liquidity pools where necessary. As an example:
With low liquidity -> RFV will be used to add liquidity to the pool
During the sell-off -> RFV will be used to buy back $LETSEARN to support the price
What is Treasury?
Treasury plays a very important role in LEAP (Let's Earn Autostaking Protocol). It provides three functions that are critical to the growth and sustainability of Let's Earn.
Treasury is a separate wallet that can be seen as additional financial support in addition to the Risk Free Value wallet. In addition to financially supporting the RFV when needed, the Treasury will be used to:
Improve & extend the Let's Earn Protocol with new functionality and products.
Expanding fund marketing & marketing team.
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Launching iOS & Android App Version:
They made many great developments step by step. they will launch their own platform Android & IOS App where users can access many functions through the app. they can stake their tokens, earn high rewards & generate passive income through staking. they are about to make a big announcement about their platform. they have plans to list on cmc and coinecko exchange. After they will list in dappradar.
Let,s Earn Private Sale:
They will introduce a private sale where you can buy let,s earn tokens and hold them with staking feature. so the first step to download metamask&Trustwallet after that you join those registered to get eligibility to participate in private sale. make sure you, r network must be bsc network. and you can buy let's get it on pancakeswap more details coming soon on discord and telegram channels make sure to join both groups.
Public sale:
If you wish to participate in the public sale must follow these steps to be eligible
1: You need a DEX Wallet to purchase a Let, s Earn Token
2: Make sure you have set up the bsc network by wallet
3: You have Minimum BNB (BEP20 ) In your wallet To make transactions &To Buy Tokens .
4: After that you have a wallet connected to you,r pancake swap to buy Let,s Earn Token
5: You can set slippage to 12% to 13% after that buy,s, get token
HOW TO EARN
You can earn up to $1,009,619.88 USD from $LETSEARN at the end of the year if you invest $1000 USD from $LETSEARN
Earnings are calculated in a scenario where the RFV maintains the REBASE reward for 365 days and the price remains constant.
TOKENOMICS
TREASURY
To maintain treasury support for the RFV, 8% of sales and 3% of purchases go to the treasury.
RISK -FREE VALUE
5% of trading fees are transferred to the RFV which helps to maintain and support the wagering rewards provided.
AUTO LP
To ensure an increase in the guaranteed value of $LETSEARN , 5% of the trading fee is returned to liquidity.
CONCLUSION
The Let's Earn protocol is a game changer in the decentralized finance (DeFi) space that allows the average crypto investor to combine and stake crypto safely and securely. This protocol was pre-engineered to power an ecosystem of DApps, Autocompounding, and Autostaking services bringing these two new forms of Autocompounding and Autostaking to the masses. Instead of relying on a central entity for this potentially life-changing service, Let's Earn uses a hybrid decentralized design combining blockchain technology with human intelligence. This helps provide traders with a trustless, autonomous network of liquidity provider services that operate like the stock market but on the blockchain.
PROJECT LINK
Website: https://letsearn.io/index.html
Telegram: https://t.me/Letsearnprojec
Twitter: https://twitter.com/letearn
https://discord.gg/letearn
Media: https://medium.com/@letearn_
Username: Lautaromartines
Link: https://bitcointalk.org/index.php?action=profile;u=3122437
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