LIBERA BUSD MINER is The Most Sustainable Miner on Defi in 2022
Has been paying 3% BUSD daily for over 135 days straight, doesn’t care about the bear!
The LIBERA BUSD Miner is the latest miner game in the industry and we learned from all the best practices out there. Even more, we have added our own enhanced anti-dumping and anti-whale measures in place to ensure the longevity of the project. These measures include: new deposits incentives, compounding incentives, daily biggest depositor prize, maximum deposits limit, maximum withdrawal limit per day, accumulation cart cutoff time, anti whale tax, early withdrawal tax, incremental compound & withdrawal tax, maximum payout, etc.
The Libera BUSD Miner will be a true game where all players start out relatively equal and what determines your payout is how often you compound vs. how often you claim them (withdraw). We have implemented many advanced incentives structure for users to continuous deposit & compound in the system:
To reward Players who compound, there are many varieties of compound bonuses when you compound your daily rewards instead of selling them. This incentivizes the user to compound other than withdraw, which will help boost the miner’s efficiency rate in the long run.
The compound bonus increases every 24 hours and reaches the maximum bonus on the 5th day
On the 6th day, there is no compound bonus. Users should claim on the 7th day. This is the best way for users to gradually take out 300% of their investment while still helping the project live long.
Bonus can reach up to 35% by the 5th compound, or a total of 105% for 5 days
After users claim their rewards, the compound bonus is reset.
Biggest Deposit Prize
0.2% to 1% of the overall pool will be paid out to the largest SINGLE deposit per 24 hours. Largest deposit winnings will be automatically deposited into your current account. This will be added to your total accumulated number and you can claim/compound it everyday.
New deposits buying power incentives
0.1% more buying power everyday for new deposits to balance between early and late investors. Libera Miner increases buying power over time and as the balance of the contract grows ensuring that you will always get a fair rate. There is still a benefit to getting in early because the earlier you invest the larger your income in the future and outperform the competition to ROI with others.
Dynamically adjusting new deposit buying power
The time multiplier is designed to attract new waves of capital after we have reached saturation and the contract growth has slowed, by increasing the buying power of new capital from 0.1% up to 0.5% non compounding every day. This means there will always be a time in the future where it makes sense for fresh capital to come in and kick start new wave miners!
While existing miner games give early investors over 1000% more buying power than players who get in later, allowing them to drain the contract and disincentives new capital from coming in. Libera Miner has many enhanced mechanisms to balance between new and existing players to make sure the contract is always attractive for new investors and discourage old investors to just drain the contract by continuous withdrawal. They are:
The 24 hours accumulation cutoff time
It is the amount of time it will take for your “accumulation cart” to be full of rewards. Once the cart is full, it will stop filling until you’ve taken some action in the game. This is to prevent whales from letting their rewards accumulate for a long time, and removes the false impression the contract value is going up when most of it is rewards the whale is waiting to withdraw at once.
Zero Activity cutoff time
Every 36 hours without being claimed or compounded, the pending reward will be rolled back into the contract pool and restart from 0. This will encourage users to interact with the project and participate in future incentive programs.
Incremental compound & withdrawal tax
From 0% to 100% ROI tax will be the same between everyone. Each time after the user reaches 100% ROI, 200% ROI the compound and withdrawal tax system will increase 100% to 200% accordingly to make sure that users continue to participate healthy (i.e still compounding) not just withdraw and drain the contract
Users can only earn a maximum of 300% of their initial deposit from this system, including referral rewards. For example if Helena deposits 100 LP tokens, she will be entitled to earn a total of 300 LP tokens (calculated as 100 * 3) over the lifetime of her contract. Should she reach the cap or want to earn more, she will need to deposit more LP tokens to participate in the pool. This total also includes referral bonuses, so if you do not deposit any LIBERA-BUSD LP into the pool, you will not be eligible for referral rewards as a promoter. Lastly, only after-tax LP token claims count towards your total earning, so even if you are subject to the whale tax, you can still claim the maximum of 300% deposit over the lifetime of your deposit, it will just take longer to reach the cap.
Early withdrawal tax
For the longevity of the contract, you should compound for 6 days and claim on day 7, and repeat it. Or you can withdraw early and pay extra 70% early withdrawal tax. This tax is to discourage players from draining the contract too soon.
<1% = no tax; 1% = 5 percent each withdrawal ; 2% = 10; 3% = 15; 4% = 20; 5% = 25; 6% = 30; 7% = 35; 8% = 40; 9% = 45; 10% = 50. These percentages are calculated on your total ownership of the pool. For example if the contract balance is 1,000,000 LP you will be taxed as a whale if your accumulated deposit is more than 10,000 LP.
Maximum withdrawal limit per day
Again, to prevent whales from continuing to drain the contract, which causes the death of many other projects, the maximum withdrawal limit of each user is set to 2,000 LP a day, so whales can only withdraw a maximum 102,000 LP a year (51 weeks).
Maximum deposits is set to 50,000 LP so a whale can only earn a net maximum 100,000 LP from
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