How does the AutoStake feature work?
The BAP Auto-Stake feature is a simple yet cutting-edge function called Buy-Hold-Earn, that provides the ultimate ease of use for $BRILLIANT holders.
Buy-Hold-Earn - By simply buying and holding $BRILLIANT token in your wallet, you earn rebase rewards as interest payments directly into your wallet. Your tokens will increase every 15 minutes.
Using a Positive Rebase formula, Brilliant makes it possible for token distribution to be paid directly proportional to the epoch rebase rewards, worth 0.01978% every 15 minute epoch period of the total amount of $BRILLIANT tokens held in your wallet. The rebase rewards are distributed on each EPOCH (15 minute rebase period) to all $BRILLIANT holders.
This means that without moving their tokens from their wallet, BRILLIANT holders receive an annual compound interest of 102,483.58% for Year 1.
The interest rebase rate then reduces after the first 12 months.