With the Sphere Autostaking Protocol, or SAP, a new financial protocol that makes staking as simple as a transaction, SPHERE is ready to lead a DeFi revolution.
The $SPHERE cryptocurrency from SAP includes automatic staking and compounding features.
Sphere Finance is a unique technology that provides $SPHERE token holders with perks and value. Sphere will be developed into a self-contained protocol with incentives for its backers. Here are a few benefits:
Auto-staking is already taking place in your wallet when you acquire $SPHERE. You are not required to use our website! You are automatically eligible for Rebase perks as soon as you acquire $SPHERE. In DeFi, the most user-friendly auto-staking system.
Because APYs vary between protocols, it’s hard to say how many tokens you’ll get in a particular period of time. The daily fixed rate of 1.892 percent, or 99,900 percent annual interest rate, is paid by SAP to $SPHERE holders.
Other popular staking systems, such as Harmony, pay out every 8 hours. Every 30 minutes, or 48 times each day, Sphere’s automated staking mechanism pays out.
The team is driven by a strong desire to succeed. Our team is made up of people that have previously worked with significant protocols and know how to gain liquidity in order to obtain even more liquidity. Essentially, your funds are used to generate further funds for the protocol and, ultimately, for you as an investor.
Yield after yield after yield. OTC transactions, Curve Wars, Convex Wars, Solidly, protocol collaborations, and multichain investments? You’ve got it. We use the power of crowds to enhance each investor’s return.
Security is a priority for us, unlike other protocols. This means that the initial sales deal (details to follow!) should provide the least risk to investors. Have you ever witnessed dubious processes syphoning off hard-earned cash from investors? We loathe them as well. That is why we have followed the strictest safety guidelines. In addition, our website is well-protected.
Simply said, we don’t host the front end of our protocol on a single server; instead, we host it across hundreds of servers to assure a) lightning-fast performance, b) top-notch security, and c) top-notch DDoS mitigation, courtesy to our friends at Cloudflare. We expect a big number of Gigachad investors and no latency issues (save for the blockchain, which we have no control over).
How can we release that many tokens without their value plummeting into the infinite abyss that is 0? Simple. A taxation theory has been established. The percentage of these variables must not exceed 20%. Within the protocol, the tax fees are separated and used for various purposes (more in the upcoming Tokenomics article).
How to Buy It
Obtaining some coins is more difficult than others. One of them is Sphere Finance. The Coinbase app and Coinbase Wallet don’t have it. But don’t worry; we’ve supplied some pointers to assist you in finding a means to get Sphere Finance that suits your needs.
- Check CoinMarketCap to learn where and with which currencies you can acquire Sphere Finance.
CoinMarketCap gives a list of purchasing possibilities for each cryptocurrency (also known as market pairs). Search for Sphere Finance on CoinMarketCap. Near the price chart, press the “Market” button. This view displays a complete list of where you can buy Sphere Finance as well as the currencies that can be used to do so. You’ll find “Pairs” under “Pairs.”
- Decide on a purchasing platform.
The levels of security, reliability, and liquidity on different platforms vary. Do your homework before opening an accouant
- Make a purchase on the platform of your choice.
Every platform has its own approach to things. Some platforms are quite simple to use, while others are not.
In general, buying crypto with a fiat currency like the US dollar is easier than buying it with another cryptocurrency.
If you need to buy Sphere Finance using another cryptocurrency, you’ll need to first build a Sphere Finance-compatible crypto wallet, then buy the first currency and use it to buy Sphere Finance on the platform of your choice.
Types Of Crypto and Method to Buy
- USD COIN
Method to Buy
- Create a coinbase accouant
- Add a payment method
- Start a trade
- From the list assest select
- Number of amount you want to buy
- Purchase finalize