Vector Mining

Vector Mining

High-risk bnb-chain

Vector Mining is a Binance Smart Chain (BSC)-based protocol that passively earns yield on deposited $BNB tokens. The Vector Mine...

About Vector Mining

Vector Mining is a Binance Smart Chain (BSC)-based protocol that passively earns yield on deposited $BNB tokens. The Vector Mine is a smart contract that represents a locked staking variable rewards pool: 1. You deposit $BNB into our local dApp 2. You are awarded $VCT tokens, which are our native reward tokens 3. Once deposited, the protocol adaptively generates yields based on a variable release schedule depending on current protocol deposits and growth D-on-D.

Daily yields amount to up to ~8% daily and the $ reward rate will vary based on a number of factors, such as the $BNB balance in the Mine contract, frequency of daily deposits and withdrawals, and overall market conditions (fluctuations in $BNB price). The funds deposited cannot be un-staked, you can only withdraw your earnings.

When users deposit $BNB and are paid out in $VCT tokens, there are two choices for what to do with their rewards 1. Claim and withdraw $BNB rewards 2. Compound your investment for higher future returns

The smart contract has a mechanism built in where users are punished for withdrawing too regularly and incentivized to compound/reinvest returns. A common strategy for Miners is to compound returns for 6 days/week, and claim rewards 1 day/week – this has been seen to be a good metric for sustaining protocol and yield efficiency.

Maximal returns, however, come to those that compound their rewards the longest, as principal + interest grows at an exponential rate when compounding returns!

There is a 4% fee on deposits and withdrawals for protocol and developer maintenance. No tax/fee on compounding returns Pending rewards will be auto-compounded if you deposit new funds into the contract Earn 12% of the $BNB used to mine VCT from anyone who uses your referral link — the referral rewards are sent to your pending rewards

Supported Chains

bnb-chain

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