> For the complete documentation index, see [llms.txt](https://elevatefinance.gitbook.io/elevate.defi/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://elevatefinance.gitbook.io/elevate.defi/introduction-to-elevate.md).

# Introduction to Elevate

Elevate Overview

**Elevate is the next innovative DeFi release for the Binance Smart Chain that is designed to provide holders of $Elevate high passive returns just by holding the token. We combine auto-staking features with passive BUSD reflections to reward our investors.**

Elevate's innovative Auto-Stake feature allows for automatic staking and compounding for all holders of the native token $Elevate. We have set the APY modestly at <mark style="color:blue;">100,000%</mark> annually, resulting in a high fixed rate of approximately <mark style="color:blue;">1.87%</mark> daily returns (<mark style="color:blue;">0.039435601%</mark> every 30 minutes).

* **Automatic Rebases:** Every wallet that purchases $Elevate will automatically be staking their tokens direct from their wallet, using our Auto-Staking feature. This avoids the hassle of trying to interact with dApps from your device or remembering where your tokens are being held. Elevate pays <mark style="color:blue;">$Elevate</mark> holders a fixed return every 30 minutes, resulting in a set APY of <mark style="color:blue;">100,000%</mark>.
* **Passive BUSD Reflections :** Holders of Elevate token will also receive BUSD rewards just for holding, which are funded directly from <mark style="color:blue;">3%</mark> of all transaction volume. Combining both high yield APY and BUSD rewards establishes Elevate as an innovator in the Defi-Market.

$Elevate is a Bep20 token with an elastic supply which rewards its holders with a positive rebase formula, thus creating an AutoStaking and AutoCompounding token.