# What is Poseidon Finance?

### Poseidon is positioned to lead on Fantom a revolution in DeFi with the Poseidon Autostaking Protocol or PAP, a new financial protocol that makes staking easier, and gives $POS token holders the highest stable returns in crypto.

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PAP gives the Poseidon token automatic staking and compounding features, and the highest Fixed APY in the market 110,389.352%. Our PAP protocol isused in the Poseidon token giving it exception benefits for holders of $POS:​

* Easy and Safe – We provide autostaking right in your wallet when you purchase $POS. No need to move your tokens to our website. From the minute you buy, you are staked, and set to receive rebase rewards. The easiest auto-staking in DeFi.
* A Fixed APY – APYs that fluctuate means you can never tell how many tokens you will receive. Other DeFi protocols pay out a high APY that can fluctuate by 90% in a day. PAP pays $POS holders a fixed interest rate of 110,389.352% annually, that tops the industry.
* Fast Rebase Rewards. Other popular staking protocols pay rebasing rewards every 8 hours which means if you want to unstake you have to time it to get maximum rewards. The Poseidon Auto-staking Protocol pays every 30 minutes or 48 times every day, making it the fastest auto-staking protocol in crypto.

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The PAP uses a complex set of factors to support its price and the rebase rewards. It also uses game theory and human nature to determine the most likely habits of those who buy the token. Our development team has coordinated all of these elements so they work seamlessly behind the scenes. The result is a simple and elegant staking and rewards system for $POS holders.The PAP is as flexible as it is powerful and will be used as the foundation for a range of Poseidon products, services, and projects going forward. Each will transform a different area of crypto.
