Eutopia Finance Documentation
  • Knowledge Base
    • Eutopia Autostaking Protocol (EASP) Technical Overview
    • Understanding Rebase Mechanism
    • Elastic Supply Stability Reserve (ESSR)
    • Ensuring APY(Annual Percentage Yield) Sustainability
  • EUTOPIA TOKEN (EUTO)
    • Market Overview - The Eutopia Vision
    • Eutopia Token: Key Attributes of Eutopia Token Smart Contract
    • Utilization of EUTO Trading Fees
    • Eutopia Tokenomics Breakdown
    • EUTO Token ICO Rounds
    • Eutopia Development Plan
  • Resources
    • Official Links
    • Network Information
    • Brand Kit and Banners
    • Frequently Asked Questions (FAQ)
    • Glossary
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  • Introduction
  • Key Features
  • Mathematical Formulations

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  1. Knowledge Base

Eutopia Autostaking Protocol (EASP) Technical Overview

NextUnderstanding Rebase Mechanism

Last updated 8 months ago

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Introduction

Eutopia is set to revolutionize decentralized finance (DeFi) with the Eutopia Autostaking Protocol (EASP). This innovative financial protocol simplifies staking mechanics and ensures Eutopia token holders receive stable returns.

The EASP integrates automatic staking and compounding functionalities, providing the highest fixed Annual Percentage Yield (APY) in the market at 146,847.85%, equating to a daily Return on Investment (ROI) of 2.0181%.

Eutopia's auto compounding feature automatically reinvests staking rewards into the pool at regular intervals, maximizing returns through continuous compound interest. This process ensures that Eutopia token holders benefit from exponential growth without manual input, optimizing yield efficiency and simplifying the staking experience.

Key Features

  1. Simplicity and Security:

    • Autostaking is enabled directly in the user's wallet upon purchasing Eutopia tokens, eliminating the need for off-platform transfers.

    • Upon acquisition of EUTO, tokens are automatically staked, and holders are immediately eligible for rebase rewards.

    • This mechanism represents the simplest autostaking system in the DeFi space.

  2. Consistent APY:

    • Unlike other DeFi protocols with fluctuating APYs, EASP offers a fixed daily interest rate of 2.0181%.

    • This fixed rate, when compounded, results in an annual yield of 146,847.85%, providing predictability and reliability for EUTO holders.

  3. Rapid Rebase Rewards:

    • EASP distributes rebase rewards every 15 minutes (96 times per day), making it the fastest autostaking protocol in the cryptocurrency market.

    • This frequency contrasts with other protocols that typically distribute rewards every 8 hours.

  4. Strategic Price and Reward Support:

    • EASP utilizes game theory and behavioral economics to predict and respond to token holder actions.

    • The protocol's design ensures seamless integration of these predictive mechanisms, maintaining price stability and consistent rebase rewards.

  5. Versatility and Potential:

    • EASP serves as the backbone for Eutopia's diverse range of products, services, and projects, each designed to transform various aspects of the cryptocurrency ecosystem.

Mathematical Formulations

Eutopia employs a Positive Rebase formula, ensuring daily token distribution proportional to the daily rebase rewards. Each epoch (rebase period) grants 2.0181% of the total Eutopia tokens held to holders, resulting in an annual compound interest rate of 146,847.85%. Rebase rewards are distributed without requiring token transfers, maintaining security and convenience for holders.

  • Annual Percentage Yield (APY)

APY=(1+Daily ROI100)365−1=1,468.4785\text{APY} = \left(1 + \frac{\text{Daily ROI}}{100}\right)^{365} - 1 = 1,468.4785APY=(1+100Daily ROI​)365−1=1,468.4785
  • Daily Rebase Calculation

Reward Epoch=900seconds(15minutes)\text{Reward Epoch} = 900 seconds (15 minutes)Reward Epoch=900seconds(15minutes)
Reward Distribution Count Per Day=96\text{Reward Distribution Count Per Day} = 96Reward Distribution Count Per Day=96
Reward Rate Per Epoch=1.0002081456\text{Reward Rate Per Epoch} = 1.0002081456Reward Rate Per Epoch=1.0002081456
Reward Rate Per Day=RewardRatePerEpochRewardDistributionCountPerDay=1.02018\text{Reward Rate Per Day} = {Reward Rate Per Epoch}^{Reward Distribution Count Per Day} = 1.02018Reward Rate Per Day=RewardRatePerEpochRewardDistributionCountPerDay=1.02018
Daily ROI=(Reward Rate Per Day−1)×100=2.0181\text{Daily ROI} = (\text{Reward Rate Per Day} - 1) \times 100 = 2.0181Daily ROI=(Reward Rate Per Day−1)×100=2.0181
Day
10,000 EUTO
Reward (10,000 EUTO)
1,000,000 EUTO
Reward (1,000,000 EUTO)

1

10,201.81

201.81

1,020,181.46

20,181.46

2

10,408.36

408.36

1,040,836.43

40,836.43

3

10,618.14

618.14

1,061,814.42

61,814.42

4

10,831.27

831.27

1,083,127.19

83,127.19

5

11,047.86

1,047.86

1,104,786.45

104,786.45

6

11,268.02

1,268.02

1,126,801.85

126,801.85

7

11,491.88

1,491.88

1,149,187.76

149,187.76

8

11,719.56

1,719.56

1,171,955.85

171,955.85

9

11,951.18

1,951.18

1,195,118.17

195,118.17

10

12,186.86

2,186.86

1,218,686.43

218,686.43

11

12,426.75

2,426.75

1,242,675.01

242,675.01

12

12,671.01

2,671.01

1,267,101.01

267,101.01

13

12,919.75

2,919.75

1,291,975.02

291,975.02

14

13,173.12

3,173.12

1,317,312.48

317,312.48

15

13,431.26

3,431.26

1,343,125.71

343,125.71

16

13,694.30

3,694.30

1,369,430.12

369,430.12

17

13,962.41

3,962.41

1,396,241.10

396,241.10

18

14,235.72

4,235.72

1,423,571.24

423,571.24

19

14,514.40

4,514.40

1,451,440.16

451,440.16

20

14,798.59

4,798.59

1,479,858.70

479,858.70

21

15,088.44

5,088.44

1,508,844.87

508,844.87

22

15,384.12

5,384.12

1,538,412.77

538,412.77

23

15,685.78

5,685.78

1,568,578.70

568,578.70

24

15,993.57

5,993.57

1,599,357.17

599,357.17

25

16,307.69

6,307.69

1,630,769.95

630,769.95

26

16,628.27

6,628.27

1,662,827.95

662,827.95

27

16,955.51

6,955.51

1,695,551.35

695,551.35

28

17,289.57

7,289.57

1,728,957.59

728,957.59

29

17,630.63

7,630.63

1,763,063.31

763,063.31

30

17,978.85

7,978.85

1,797,884.47

797,884.47

The Eutopia Autostaking Protocol (EASP) is designed to provide EUTO holders with a secure, reliable, and high-yielding staking experience, leveraging advanced mathematical models and economic theories to ensure optimal performance and stability.

APY Growth Over Time
Balance Growth Over Time
APY Growth Over Time
Balance Growth Over Time
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