# Fly Overview

### FlyApy = Financial Highest Paid Annual Percentage Yield

#### Fly provides a decentralized financial asset which rewards users with the highest fixed APY (Annual Percentage Yield) through use of it's unique FAP protocol.

#### The Fly Auto-Staking Protocol is a financial protocol that makes staking more profitable, more efficient and give holders the highest stable returns in $FLY token. 

![](/files/ZCTBzY4Brk86YpkLsmBk)

FAP gives the Fly token automatic staking and compounding features, and the highest Fixed APY in the crypto market at *<mark style="color:blue;">**405,213.52%**</mark>* for the first 12 months.

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

* <mark style="color:blue;">**Highest Fixed APY**</mark>**&#x20;-** Fly pays out at <mark style="color:blue;">**405,213.52%**</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:blue;">**Easy and Safe Staking**</mark>**&#x20;-**  Buy and Hold $FLY token and it will be staked automatically in your BEP20 wallet. The Fly token always stays in your wallet and doesn't need to get to 3rd party or centralized authority services.
* <mark style="color:blue;">**Low Risk with the Fly Insurance Fund (FIF)**</mark> - 5% of every transaction goes in the Fly Insurance Fund which helps sustain and back the staking rewards by maintaining price stability and greatly reducing downside risk.&#x20;
* <mark style="color:blue;">**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:blue;">**Rapid Interest Payments**</mark>**&#x20;-** The Fly Protocol pays every $FLY holder every 15 minutes  0,02371% rebase rate, making it the fastest auto-compounding protocol in crypto.&#x20;
* <mark style="color:blue;">**Auto-Burn Function**</mark>**&#x20;-** With our Auto-Burn program, 2% of all $FLY traded are burnt. The more that is traded, the more your tokens are worth. The tokens get into the fiery furnace to reducing the circulating supply and keeping the FLY protocol stable.


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