FAQ

  • What happens if i always eat? If you claim your rewards continuously, your daily percentage will significantly decrease, and you will not receive the highest daily returns. This is the anti-whale mechanism that prevents a whale from depleting the TVL.

  • Is it better to compound my returns more often, 2 or 3 times a day? "Compound" allows you to reinvest and increase your future rewards. So, essentially, yes. You will need to pay the standard SOL network gas fees for each "Compound"`.

  • My Reward Growth Profit-taking habits impact future rewards; if you claim too many rewards, your daily percentage decreases. Daily increases in TVL can lead to a decrease in the daily percentage.

  • Can I get my initial back? DegenMiners is a locked rewards pool, so no. You get your initial back over time through the my rewards section of the Dapp.

  • What are the fees? There is a 5% development fee charged on ALL deposits and profit withdrawals from DegenMiners . Standard SOL network gas fees are required for EVERY transaction, whether it's deposits, withdrawals, or compounding with the "Compound" fonction.

  • Does the DegenMiners amount decrease when you claim your rewards?

    No, the 'DegenMiners ' amount will not change. If you make a new deposit or add DegenMiners using the "Compound" button, the amount will increase, but not when you claim rewards.

  • Is this sustainable?

    Yes, as long as there is TVL (Total Value Locked) in the contract, rewards will always be available. Hungry individuals who claim too many rewards are penalized and receive diminishing rewards over time.

  • What is the best strategy? We recommend the tried and tested method as it is written in the contract. "Compound" for 6 days and claim your rewards 1 day per week. This will compound your investment, and you will recover your initial investment in 2-3 weeks.

  • The 6/1 Strategy explained? 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 compounding.

  • Is it too late to invest? No, the contract is written to provide an optimal entry for any and all users, new or old. This is the reason the DegenMiners per SOL.

  • Amount changes frequently with TVL fluctuation to provide an even playing field for any new user and not giving the first user/s a headstart.

  • Can contract functions be added? No, the contract is immutable and cannot be altered. The contract operates perfectly as it is. No wallet can be blacklisted, no one can be compelled to "Compound" for 6 days and claim their rewards 1 day per week.

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