Welcome To Based Miner
The BASED Ethereum Reward Pool with a projected 8% Daily Return. This number can be significantly as these conservative projections do not include referral bonuses or significant uplifts in TVL!
How do I buy?
Send Ethereum (ETH) on BASE network to your decentralized wallet and link it with the decentralized application (dApp). In the designated input field, specify the amount of ETH you wish to invest and then press the "Buy Miners" button. Remember to reserve a portion of your ETH to cover transaction fees.
What is the minimum buy?
There is no minimum purchase requirement.
What is the maximum buy?
15% of TVL at a time.
What are ‘Miners’?
Miners mines diamond bought with ETH that generate your rewards.
Can I sell my ‘Miners’ and get my ETH back?
You hire miners for Ethereum on Base Chain. These miners earn you diamonds which you can use to swap for ETH or reinvest to hire more miners and continually grow your ongoing returns.
How is the value of my miners determined?
The value of miners fluctuates based on TVL and inflationary rates. Miners do not have a set price.
What happens when I press re-hire button?
Re-hiring compounds your rewards, increasing your miners and rewards over time. There is a 60-minute cooldown for re-hiring.
What happens when I press sell diamonds button?
The ETH in your rewards is dispensed into your personal wallet minus fees. Ensure that your rewards accumulated and will outweigh the project fees and gas fees needed for the transaction.
What will my daily percentage be?
The daily percentage is variable and projected to be 8% but this amount can fluctuate wildly and you could find yourself earning significantly more than this amount if you continue to reinvest and use your referral link. You have huge potential upside in re-investment in hiring more miners and using your referral link which can secure you ongoing returns.
Do the number of miners I have decrease if I sell diamonds?
No, the number of miners you have never decreases! You retain your miners for life! You can compound your investment by hiring more miners and growing your returns over time by using your diamonds to rehire more miners, or you can choose to hire more miners with Ethereum. this will increase your return in diamonds received over time.
What is the teams suggested strategy?
Re-hiring six times a week and sell once a week to maintain balance and maximize rewards.
What happens if I do not actively re-hire or sell?
Keeping your miners idle will lead to inflation of miner prices, reducing your rewards over time. Active re-hiring or selling is crucial to maintain value and earnings.
Is it too late to invest?
The contract is written to provide an optimal entry for all users, new or old. This is the reason the miners per ETH amount changes with the fluctuation of the TVL.
Is this sustainable?
Answered above in the external revenue question. If there is still ETH in the TVL rewards will always be distributed.
What are the anti-whale mechanisms in place?
Anti-whale mechanics include max buy limit, cool down on re-hiring, reduced referral rewards and inflationary mechanics.
How do I know Based Miner is safe?
The contract will be launched as an immutable contract, meaning that no changes can be made by the dev or team. The team is available 24/7 and to answer any questions. Feel free to reach out at any time.
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