🧑🌾Understanding the FARM
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Last updated
Understanding Reward Dynamics in Fork Farm
Continuous Reward Claims Impact: If you consistently claim your rewards, expect a substantial decrease in your daily percentage, hindering your ability to receive the highest daily returns. This intentional reduction serves as an anti-whale mechanism, preventing large holders from depleting the Total Value Locked (TVL).
Optimizing Returns Through Compounding: The "Compound" feature empowers you to reinvest and amplify future rewards. While compounding 2 or 3 times a day is beneficial, bear in mind that standard SOL network gas fees apply with each "Compound."
Impact of Profit-Taking Habits on Reward Growth: Your profit-taking habits directly influence future rewards. Frequent reward claims can diminish your daily percentage, especially when coupled with daily increases in TVL.
Recovering Initial Investment: Fork Farm operates as a locked rewards pool, meaning you recover your initial investment over time through the "My Rewards" section of the Dapp.
Understanding Fees: A 5% development fee is charged on ALL deposits and profit withdrawals. Additionally, standard SOL network gas fees apply to every transaction, including deposits, withdrawals, and compounding with the "Compound" function.
Stability and Sustainability: As long as there is Total Value Locked (TVL) in the contract, rewards remain available. Excessive reward claims are penalized, ensuring sustainability by discouraging users from depleting rewards over time.
Recommended Strategy - The 6/1 Approach: Follow the tried-and-tested strategy outlined in the contract. "Compound" for 6 days and claim your rewards 1 day per week. This approach facilitates continuous compounding, allowing you to recover your initial investment in 2-3 weeks.
6/1 Strategy Explained: The 6/1 strategy revolves around claiming rewards every 6 days while compounding as frequently as desired during this period. This strategy accelerates the compounding process for faster returns.
Optimal Entry for All Users: It's never too late to invest in Fork Farm. The contract is designed to provide an optimal entry for users, whether new or old. The FOR per SOL ratio adjusts frequently with TVL fluctuations, ensuring a level playing field for all users.
Immutable Contract: The contract is immutable and cannot be altered. It operates flawlessly, with no possibility of blacklisting wallets or compelling users to follow specific compounding and reward claiming patterns.