Claiming $MEOW

What happens if I always claim my $MEOW?

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, for example 2 or 3 times a day?

The "Compound" option allows you to reinvest and increase your future rewards. So, essentially, yes. You will need to pay the standard AVAX 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?

Meow Miner 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 Meow Miner. Standard AVAX network gas fees are required for every transaction, whether it's deposits, withdrawals or compounds.

Does the Talismans number decrease when you claim your rewards?

No, the number of Talismans will not decrease. If you make a new deposit or add Talismans using the "Compound" button, the number will increase.

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.

Can you explain the 6/1 Strategy?

This is about claiming your rewards every 6 days. During these 6 days, you can compound as many times as you like. This 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.

The amount changes frequently with TVL fluctuation to provide an even playing field for any new user and not give early users a head start.

Can contract functions be added?

No, the contract is immutable and cannot be altered. The contract operates perfectly as is. No wallet can be blacklisted, no one can be compelled to compound for 6 days and claim their rewards 1 day per week.