# AutoStaking Feature

The Ape AutoStake feature is a simple yet cutting-edge function called **Buy-Hold-Earn**, that provides the ultimate ease of use for $LUNAPE holders. \
**Buy-Hold-Earn** - By simply buying $LUNAPE and holding the token in your wallet, you earn rebase rewards directly into your wallet. Your tokens will increase every 30 minutes.\
Using a Positive Rebase formula, Luna Ape makes it possible for daily token distribution directly proportional to the daily rebase rewards, worth 2.1% of the total amount of tokens a $LUNAPE token held in your wallet. The rebase rewards are distributed on each epoch (rebase period) to all $LUNAPE holders. **This means that without moving their tokens from their wallet, Luna Ape holders receive an annual compound interest of 200,000%.**

### But what are rebase rewards?

A Rebase Token is one whose circulating supply expands or contracts due to changes in the token price. This increase or decrease in supply works with a mechanism called rebasing. When a rebase occurs, the supply of the token is increased or decreased algorithmically, based on the current price of each token.

Ape takes advantage of a positive rebase formula which increases the token supply allowing $LUNAPE holders to keep growing their tokens, like in a traditional staking protocol. However our use of a rebasing token eliminates the need to approve and traditionally stake your tokens.

**The positive rebase is backed by an RFV which is ensured and supported by the token’s buy and sell fees.**