Initial Platform Release
Last updated
Last updated
When a user deposits Solana into the miners' liquidity pool, they receive an equivalent amount of BEANS in return. Each BEAN has a Solana value, with 1 BEAN worth 0.001 Solana, translating to 1,000 BEANS per Solana deposited.
The user earns a specific return on investment (ROI) based on their account type. This ROI is a daily percentage based on the total amount in the compounding account and can be converted to an annual percentage yield (APY) for yearly earnings. The ROI determines the user's earnings over time.
The user can compound their earned interest back into their compounding account, thereby increasing future rewards. Compounding can be done once every 24 hours. Users can choose from three different account types: Bean Grower Account, Bean Titan Account, and Bean Loyalty.