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Auto WTN Syrup Pool
Stake WTN, earn WTN!
You've now got two delicious flavors of WTN-WTN Syrup Pool to choose from: Auto-compounding, and Manual. Read on to learn more!
Auto WTN & Manual WTN Pools
What’s the difference between the “Auto WTN Pool” and the “Manual WTN Pool”?
With both pools, you can simply stake your WTN tokens to earn more WTN tokens.
But there are some differences:
Manual WTN
- You need to harvest or compound (reinvest) your WTN by yourself. That means returning to the site, tapping buttons, and using a bit of BNB for transaction fees.
- Interest is displayed as APR, which doesn’t include compounding.
Auto WTN
- Stake your WTN and forget about it! The WTN you stake in this Syrup Pool will be automatically compounded (reinvested) for you, minus a small fee.
- The “automatic” compounding function is triggered by other users who get a small bounty for triggering it.
- Interest is displayed as APY, which includes compounding.
- A small performance fee is subtracted from your earnings each time the pool is automatically compounded. See below.
- An unstaking fee applies when you unstake within 3 days of manually staking. See below.
- Does not deposit SYRUP to your wallet upon staking
What are the fees for the Auto WTN Syrup Pool?
Deposit fee
- None
Unstaking fee
- 0.1% if you unstake (withdraw) within 72 hours.
- Only applies within 3 days of manually staking.
- After 3 days, you can unstake with no fee.
- The 3-day timer resets every time you manually stake more WTN in the pool.
- This fee only applies to manual unstaking: it does not apply to automatic compounding.
Performance fee
- 2%, subtracted automatically from each yield harvest.
- For example, if the harvest was 1 WTN, then 0.02 WTN would be subtracted as the performance fee.
The WTN collected via the unstaking fee and performance fee is burned every week as part of the regular WTN token burns.
This is a good thing for WTN holders because it reduces the overall amount of WTN tokens in existence, which helps reduce inflation.
What's the best way to use the Auto WTN Syrup Pool?
Simple: stake your WTN, but only withdraw after 72 hours (if you need to). This way you only pay the performance fee, and not the unstaking fee.
What’s the Auto WTN bounty?
Auto WTN Bounty: 0.05% of all Auto WTN pool users’ pending yield
This bounty is given as a reward for providing a service to other users.
Whenever you successfully claim the bounty, you’re also helping out by activating the Auto WTN Pool’s compounding function for everyone.
Make sure the amount of WTN you receive will be greater than the BNB fees you’ll spend to submit the blockchain transaction!
Last modified 9mo ago