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Vineyard Miner logo

Vineyard Miner

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News

Senator Lummis Supports Initiatives to Improve Tax Legislation for the Crypto Industry

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U.S. Senator Cynthia Lummis proposed changes to tax legislation to support cryptocurrency miners.
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Giorgi Kostiuk

Senator Lummis Proposes Reforms to Prevent Double Taxation of Crypto Miners

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U.S. Senator Cynthia Lummis suggests reforms to prevent double taxation of crypto miners and promote innovation.
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Giorgi Kostiuk

Solana Price Remains Steady at $150 Following Whale Movements

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Solana's price holds at $150 as whales unstake 1 million SOL, yet market data indicates a lack of panic among investors.
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Giorgi Kostiuk

What is Vineyard Miner?

Vineyard Miner — a fork of BakedBeans (which is also a fork of BNBMiner).

Vineyard Miner - dapp.expert

Vineyard Miner provides an innovative approach to most token miners. The contract acts as a MATIC reward pool, returning up to 8% of your MATIC, deposited in a daily 24-hour period.

Most pools have a "developer" fee that taxes your deposits/withdrawals, usually sent to the owner.Vineyard Miner

Its deposit/withdrawal tax goes to the insurance fund for the contract. This is so that if the project ever slows down, the last investors in the game can be rewarded and the contract funds can be replenished if necessary.

Distinctive features:

1 Rewards can be reinvested and withdrawn daily.
2 The interest rate is a variable interest rate, which means that it can be changed, depending on the condition of the contract.
3 Each deposit/withdrawal is subject to a base tax of 8% to ensure the durability of the contract, as well as an insurance fee.

Vineyard Miner — a locked-in staking reward pool with a variable interest rate. The deposited funds are transferred to Winemakers and cannot be unlocked, you can only withdraw your earnings.

The contract allows you to automatically reduce the reward rate if the contract detects that users opt out too often, compared to the increase in the contract. It runs on the community's habits of rehiring and harvesting.

Referral rewards go to your in-app rewards section. For every user who deposits, using your referral link, you get 12% of their initial deposit.

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