❔Questions and Mechanism
This is about claiming your rewards every 6 days. During these 6 days, you can "Compound" as many times as you like. This simply allows for faster reinvestment.
We recommend the tried and tested method as written in the contract. "Compound" for 6 days and claim your rewards 1 day each week. This will reinvest your investment, and you will recover your initial capital in 2-3 weeks.
Yes, as long as there is TVL (Total Value Locked) in the contract, rewards will always be available. Those who are too "greedy" and claim too many rewards will be penalized and receive fewer rewards over time.
No, the ‘ SOL' count will not change. If you make a new deposit or add SOL using the "Compound" button, the count will increase, but not when you claim rewards.
There is a 5% development fee charged on ALL deposits and profit withdrawals from SOL Miner. . The standard SOL network gas fee is necessary for EVERY transaction, whether it's a deposit, withdrawal, or reinvesting with the "Compound" function
Solana Miner is a locked reward fund, so no. You will gradually receive your initial capital back through the 'my rewards' section on the Dapp.
The habit of taking profits affects future rewards; if you claim too many rewards, your daily percentage rate will decrease. Daily increases in TVL may lead to a decrease in the daily percentage rate.
"Compound" allows you to reinvest and increase your future profits. So, basically, yes. Each "Compound" will require you to pay the standard SOL network gas fee.
If you continuously claim rewards, your daily percentage rate will significantly decrease, and you won't receive the highest daily returns. This is an anti-"whale" mechanism to prevent a "whale" from depleting the Total Value Locked (TVL).
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