The AutoStake is a simple yet cutting-edge feature that resumes inBuy-Hold-Earn, providing the ultimate ease of use for holders.
By simply buying and holding the token in your wallet, you earn rebase rewards directly into your wallet. Your tokens will increase every 15 minutes.
Using a Positive Rebasing formula, RingFi makes it possible for daily token distribution directly proportional to the daily rebase rewards. The rebase rewards are distributed on each epoch (rebase period) to all holders.
This means that without moving their tokens from their wallet, $RING holders receive a 0.02362% every 15min, which means an annual compound interest of 392,537%.