Frictionless Yield Generation.
Hold and Earn.
CAS works by applying a 1% fee to each transaction and instantly splitting that fee among all holders of the token.
Holders do not need to stake or wait for fees to be delivered. Fees are awarded by the smart contract and are immediately reflected in the holders balance.
Dual Yield Capability
CAS holders can use their tokens in third party lending, yield farming, or any other smart contract in addition to earning yield from the transaction fees.
To facilitate this, the CAS smart contract exposes some new methods that allow staking contracts to easily determine the fees earned by each holder for any period of time even when funds are pooled together. This is a huge leap that enables direct staking of CAS and double yield generation.
APY very high
There is no team or central party that awards fees with CAS. There is no interface needed to claim the fees. No action needs to be taken on the part of the holder other than to hold CAS in a wallet they control. With CAS, there are no vaults that could be hacked and drained or treasury funds that could be mis-managed. There is only the free market.
The CAS smart contract is complete at launch. There was no ICO, no pre-sale, and no fundraising of any kind. There are no more features to add. There is no individual or team to be relied upon to give CAS any value.
CAS started as a social experiment and has grown into a community run project fueled by passionate people interested in fighting inflation and breaking the norm on tokenomics. The rules are simple
1: There were originally 5,000,000 CAS in existence.
2: Each time a CAS is transferred, 1% fee to each transaction and instantly
splitting that fee among all holders of the token
3: There will never be newly minted CAS.
The intention is not to be used for day-to-day transactions, but rather as a decentralized hedge against traditional inflationary instruments