Miner Description:
Baked Beans Miner is a BNB reward pool that returns 8% of the users capital everyday, making a 2,920% APR for the whole year..
3% dev fee.
Website to Smart Contract Translation:
Beans (Eggs).
Compounding/Re-bake (Hatch eggs).
Eat Beans (Sell/Withdraw Eggs).
Developers Fee:
Deposit Fee(3%).
Withdrawal Fee (3%).
Deposit (Buy Miner):
Depositing into the pool means buying "Miner".
Miner produces eggs (beans) that can be re-bake or eat (withdraw).
Miner Price Formula: Deposit amount / (Deposit amount + Contract Balance) * Market Eggs.
Compound (Hatch Eggs):
Compounding means re-baking the beans (eggs).
Based on the smart contract re-baking/compounding was buying more "Miners" to hatch and produce eggs.
Withdraw (Eat Beans):
Withdrawal Formula for selling eggs (Eat Beans): user eggs / (user eggs + Market Eggs) * Contract Balance
Referral System:
Developers pays 12% referral on the referrer if a user uses his/her link.
12% will be deducted to the compounded eggs (re-baked eggs) of the user.
Effective Investment Pattern:
User/Investors follows the 6-to-1 pattern in vesting.
6 days re-bake (compounding) 1 day (7th day) eat (withdraw).
Owner Ability Script:
Renounce the Smart Contract.
Transfer the smart contract to the new owner.
Collect dev fee.
User Ability Script:
Buy Beans (eggs).
Re-bake Beans.
Eat Beans (Sell) and withdraw balance.