# Pegasus (PGS)

> What is Pegasus?

Pegasus Auto Staking Protocol gives you automatic staking and compounding features with a fixed APY of 10,000%, $PGS is a rebase token. 

What is a Rebase Token?

A rebase token is a token with an elastic supply, increases or decreases automatically. This increase or decrease in supply works with a mechanism called rebasing.
When a rebase occurs, the supply of the token increase or decreases, we take advantage of a positive rebase formula that increases the token supply allowing $PGS holders to increase their token holdings. However, our use of a rebasing token eliminates the need to traditionally approve, stake, and lock your tokens.

What is RFV

RFV stands for Risk-Free-Value. RFV plays a key role in the auto staking protocol.
It is a separate portfolio that collects funds to support and stabilize the liquidity pool. This is especially useful in the case of a large sale that could drain a liquidity pool.

Benefits for holders?

Easy and safe — We provide auto staking directly into your wallet. From the moment you buy, you receive rebase rewards every 30min.
Fixed APY— Pegasus Auto Staking Protocol offers a fixed annual return. $PGS holders earn a fixed rewards of over 10,000% per year compounded.
Fast rewards — Get your passive income pays out every 30 minutes or 48 times a day.
Compounding— Pegasus offers compounding features. Interest returns are paid automatically and compounded in your own wallet.

## Price Data

- **Current Price**: N/A
- **Market Cap**: N/A
- **Fully Diluted Valuation**: N/A
- **Circulating Supply**: N/A
- **Total Supply**: 1.17B PGS

## Price Changes

- **24h**: N/A
- **30d**: N/A
- **90d**: N/A
- **365d**: N/A

## Chain Availability

Available on: arbitrum

## Resources

- [Website](https://pegapow.xyz/)
- [Discord](https://discord.gg/dsGyHG55)
- [Coingecko](https://www.coingecko.com/en/coins/pegasus-pow)

## Links

- [View on Zerion](https://app.zerion.io/tokens/PGS-847c9317-e9a8-4370-8479-befdf4ea731f)
- [Trade on Zerion](https://app.zerion.io/tokens/PGS-847c9317-e9a8-4370-8479-befdf4ea731f)

## Data Source

This data is provided by the **Zerion API**. Developers can access real-time token prices, market data, charts, wallet positions, and DeFi data programmatically.

- API Documentation: https://developers.zerion.io
- Get this token's data via API: https://developers.zerion.io/api-reference/fungibles/get-fungible-asset-by-id
- Price Charts API: https://developers.zerion.io/api-reference/fungibles/get-a-chart-for-a-fungible-asset