# Stake King Overview

In between the overflow of staking pools, STAY KING provides an unique, not only decentralized but the greatest fixed APY (Annual Percentage Yield). Holders accumulate rewards through the proof of stake mechanism.

STAKE KING Protocol has the most advanced and stable finincial Protocol wich returns the highest efficiency interest to holders and guarantees long time $KING rewards.

![](https://940399054-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FmfFCviLYlqHRC5A1DltT%2Fuploads%2FKFbuPZ4CTLhSLavSNaum%2FBildschirmfoto%202022-03-25%20um%2010.39.49.png?alt=media\&token=26254e68-3cb0-4133-8970-fed1d9456391)

KAP gives the King token automatic staking and compounding features, and the highest Fixed APY in the crypto market at <mark style="color:yellow;">**591**</mark>*<mark style="color:yellow;">**,554.86%**</mark>* for the first 12 months.

KING is a experienced team focused on DeFi innovation. Our KAP protocol that is used within the King token grants exceptional benefits for holders of $KING:&#x20;

* <mark style="color:yellow;">**Highest Fixed APY**</mark>**&#x20;-** KING pays out at <mark style="color:yellow;">**591**</mark>*<mark style="color:yellow;">**,554.86%**</mark>* in the first 12 months, the highest paid APY in the world. After the first 12 months the interest rate drops over a predefined Long-term Interest Cycle period.
* <mark style="color:yellow;">**Easy and Safe Staking**</mark>**&#x20;-**  Buy and Hold $KING token and it will be staked automatically in your BEP20 wallet. The KING token always stays in your wallet and doesn't need to get to 3rd party or centralized authority services.
* <mark style="color:yellow;">**Low Risk with the King Insurance Fund (KIF)**</mark> - 7% of every transaction goes in the King Insurance Fund which helps sustain and back the staking rewards by maintaining price stability and greatly reducing downside risk.&#x20;
* <mark style="color:yellow;">**Interest Yield with Automatic Payments**</mark>**&#x20;-** You need not be worry about having to re-stake your tokens. Interest yield is paid automatically and compounded in your own wallet, guaranteeing you will never miss a payment.&#x20;
* <mark style="color:yellow;">**Rapid Interest Payments**</mark>**&#x20;-** The King Protocol pays every $KING holder every 15 minutes  0,02479% rebase rate, making it the fastest auto-compounding protocol in crypto.&#x20;
* <mark style="color:yellow;">**Auto-Burn Function**</mark>**&#x20;-** With our Auto-Burn program, 2% of all $KING traded are burnt. The more that is traded, the more your tokens are worth. The tokens get into the dragonburn to reducing the circulating supply and keeping the KING protocol stable.