Caesar Finance — The first auto-staking protocol on Avalanche

April 09, 2022

Welcome to Caesar Finance

$CAESAR #caesarfinance #AVAX #DeFi #defiyield #Yieldfarm #DEX #DeFiProject #HODL

Overview:

Caesar Finance is an auto-staking & auto-compounding protocol on Avalanche that leverages our Caesar Auto-staking Protocol, or CAP, to provide $CAESAR token holders with the highest stable returns in crypto. CAP enables a stable APY of 153,617.5%, a daily ROI of just over 2%.

We provide auto-staking right in your wallet when you purchase $CAESAR. From the minute you buy, you are staked, and set to receive rebase rewards. The easiest auto-staking in DeFi.

Protocol specifics:

• Liquidity is locked

• Multi-sig is implemented

• Rebase rewards are distributed every 30 minutes (so 48 times/day)

• Caesar’s trading (buy and sell) fees are an important component of the CAP. They provide capital for performing critical functions to the protocol. To learn more about how trading fees will help sustain and grow the protocol, click here: https://docs.caesar.finance/token/overview-caesar

• We will be performing buy backs and burns of the $CAESAR tokens on a weekly basis. This will help stabilize our token price.

• To put our RFV wallet to work, we will be making investments in stablecoin farming, node projects, and protocol owned liquidity bonds. These investments will provide an additional revenue stream to help stabilize our APY and strengthen the $CAESAR price while increasing the liquidity in our LP and diversifying our treasury assets.

What’s in store for the future:

Our #1 product focus is utility. What this means is, we will be building new and innovative ways for $CAESAR token holders to interact in our ecosystem. Some of what we plan to build includes:

• Caesar P.L.A.Y. -> building on top of the Titano model and adding our own twist

• Time-Vaults & Collateralization of $CAESAR tokens to increase staking rewards This is just some of what we have planned, feel free to check out our roadmap here: https://docs.caesar.finance/overview/roadmap

How To Buy

Need a multi-lingual guide? Check this: https://wheretobuycrypto.io/buying_guide/how-and-where-to-buy-caesar-finance-caesar/ Step 1: Buy AVAX (Coinbase, Transak, Crypto.com, Binance, Huobi, etc). The AVAX we want is C-Chain and you’ll most likely buy C-Chain AVAX, but if the AVAX you buy is X-Chain, you’ll want to create an Avalanche Wallet (https://wallet.avax.network/) and follow this guide to change the AVAX’s chain: https://docs.avax.network/build/tutorials/platform/transfer-avax-between-x-chain-and-c-chain/#transferring-avax-using-the-web-wallet

Step 2: Set up the Avalanche network on your MetaMask account and send your C-Chain AVAX to your MetaMask Follow this guide: https://docs.traderjoexyz.com/main/welcome/joes-guide-to-avalanche/metamask-tutorial#connect-metamask-to-avalanche. If you don’t have a MetaMask account, make one here: https://metamask.io/

Step 3: Swap your AVAX for $CAESAR Here is where you can do that: https://app.bogged.finance/avax/swap?tokenIn=AVAX&tokenOut=0xEDdeF578a930DDc6F8Ceef10f4B00829c54686C2

Contract & Address Details

Contract: https://snowtrace.io/address/0xEDdeF578a930DDc6F8Ceef10f4B00829c54686C2

Autoliquidity: 0xBD06652acd936AC5987d7fC9aAd316F9DC5D490f

Treasury: 0x34a4892E3004b7a7e577E45075Be9d69C9f13b3E

RFV: 0xD67e4A31A74c3A709f64c353c9c1698654bf9938

Dex Screener: https://dexscreener.com/avalanche/0x96bfc3ae3f3696392824c5d499a0681ddcafe9fb

Overview of $CAESAR Tokens

$CAESAR is an ERC20 token with an elastic supply which rewards its holders with a positive rebase formula, thus creating the first autostaking and autocompounding token on Avalanche.

Caesar has implemented trading fees in order to sustain and realize an industry leading APY. If you want to learn more about our trading fees, click here.

Here is a list of the fees and how they are distributed:

Buy Trading Fees are 13%:

5% — RFV (Risk Free Value)
5% — Sustain Liquidity
3% — Treasury

Sell Trading Fees are 18%

5% — RFV (Risk Free Value)
5% — Sustain Liquidity
8% — Treasury

More information about how the money is used:

5% of the trading fees is directed to the RFV which helps sustain and back the Staking Rewards provided by the Positive Rebase.
5% of the trading fees goes to backing the liquidity of the AVAX/CAESAR pair on Trader Joe ensuring an ever-increasing collateral value of $CAESAR.
3% of the buys and 8% of the sales go directly to the treasury which supports the RFV value, provides a marketing and hiring budget for Caesar, and funds new project and product development

$CAESAR Buy & Sell Fees

Caesar’s trading (buy and sell) fees are an important component of the CAP. They provide capital for performing critical functions to the protocol.

Other protocols utilize selling bonds to support the same functions as Caesar fees, but we believe that approach is riskier because if bonds are not purchased, the token can lose its support and spiral downward in price as we have seen with several of these bond based protocols.

Selling bonds also costs token holders. It reduces the amount of APY that can be offered and eliminates the ability to offer a stable APY.

The amount of the fees (13% for buys and 18% for sells) allows Caesar to provide $CAESAR holders with the stable high yield of 153,617.5% annually.

Conclusion

Caesar has just finished their Certik audit, they’ve released their v2 website, new product utility is on the way, and they are using the DeFi community to create exposure for their protocol.