Vector Mining — a protocol, based on Binance Smart Chain (BSC), that passively earns from deposited $BNB tokens.
About the Vector Mining project
The daily yield is up to ~8% per day and the dollar reward rate will vary, depending on a number of factors such as the BNB dollar balance in the Mine contract, the frequency of daily deposits and withdrawals, and general market conditions. Deposited funds cannot be unlocked, you can only withdraw your earnings.
Vector Mining — a smart contract, representing a locked pool of variable rewards:
| 1 | You deposit $BNB into your local dapp. |
| 2 | You receive $VCT tokens, which are your own reward tokens. |
| 3 | Once escrowed, the protocol adaptively generates yield, based on a variable release schedule, depending on the protocol's current deposits and D-on-D growth. |
When users deposit $BNB and receive payouts in $VCT tokens, there are two options for what to do with their rewards. Earn and withdraw $BNB rewards or increase your investments to increase your future earnings. The smart contract has a built-in mechanism, where users are penalized for withdrawing funds too regularly and are incentivized to accumulate / reinvest income.
A common strategy for miners - to accrue revenue for 6 days per week and claim rewards 1 day per week - this is considered a good indicator for protocol maintenance and yield efficiency. However, those who earn their rewards the longest earn the most profit, as principal + interest grows exponentially as interest accrues.
More about defi app
There is a 4% deposit and withdrawal fee for protocol and developer maintenance. Expected rewards will automatically add up if you deposit new funds into the contract. Earn 12% of the $BNB, used to mine VCT, from anyone who uses your referral link.
Marketing and growth will be organically driven through TG and other social media channels. The development of the protocol relies heavily on word of mouth, so spreading the word about Vector Mines is always appreciated.