AlgoStake ASA(Algorand Standard Asset) #511484048 is a token built on the Algorand blockchain. AlgoStake owns an application which allows the owners of any Algorand ASA's to setup staking at a particular APY for their coin/token holders. Our mission is to provide an easy self set up system for Algorand ASA owners. Every ASA owner should be able to offer this feature not just a select few. This feature will help people hodl their coin for future growth. Along with our automated application for paying an holders of your coin we also plan to offer automated rewards for liquidity pool providers. Both of these features are an automated service which is greatly needed in the Algorand ASA ecosystem. AlgoStake will be used as the payment for these two services. To set up staking for your coin you will supply both your token and AlgoStake to our escrow wallet through our interface. We truly hope this gives the small coin owner help in expanding their ASAs. In addition AlgoStake will use it's own platform to offer an APY to is holders.
To enable other ASA coin owners on Algorand the ability to provide staking and liquidity ownership rewards to grow their communities.
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