Cooked Rice brings everyone back to the good old days of ROI games without the involved stuff. For example, RICE is not a token on the AVAX network, this helps to stave off fears that they will pull the carpet, which is a common occurrence in the DEFI space, especially after the emergence of p2e games, trying to perfect the ponz-inomics version. The RICE contract is immutable and the fees will remain the same until the contract exhausts the value locked in it.
Get 5-8% per day by participating in the project. 3% goes as a development fee and 12% is a referral bonus. Rice are miners hired by AVAX who work for you to earn rewards.
Cooked Rice does not have a fixed price. Higher TVL means more rice on AVAX. Lower TVL means less rice on AVAX. This creates a level playing field so no user can be late. Eating habits affect rewards, if you become greedy and eat too much, the daily percentage drops. If you started with a small deposit, it will take time for the dApp to show up.
The development fee is 3% on all deposits and withdrawals, made from the cooked Rice Miner. AVAX standard network gas fees are required for every transaction, both deposit, withdrawal and re-cooking.