🔑Key Features
Say Goodbye to unfair advantages, say hello to realized gains.
Static Mechanic
In an SCM contract, the purchase of miners with fresh capital will always get the same amount. 1 MATIC coin will always get 10,000 miners. Furthermore, the value of earned miners will always be worth the same. 1 Miner is worth 0.001 MATIC coin.
Inflation is healthy for filtering out bad actors, so the SCM contract hasn't completely removed it. The Polygon Land APR remains variable. Your yield is visible on the Investment Dashboard.
Those reinvesting more, depositing more fresh capital, and claiming less get a higher APR.
But if the Polygon Land TVL declines, everyone's APR drops. This favors post-launch fresh capital investors, offering them higher APR and the same price as early adopters.
Miner Burn Whale Tax
Polygon Land has a unique "miner burn" function. When an investor has reached 50% ROI on their principal deposit, they will incur a 10% burn on their total "miners" by the value of their claim.
In Polygon Land a users principle deposit does not include compounds.
For example, you withdraw 100 miners and have 5,000 total miners in your mine:
1️⃣ First Step: You pay a 5% platform fee and get 95 miners in Matic.
2️⃣ Second Step: Before the 5% fee, 10% (10 miners out of 100) is taken. These 10 miners are removed from your total, leaving you with 4990 miners.
3️⃣ Result: Out of these 10 miners, 5 are given to the community via the weekly reflection lottery, and 5 are burned and thus removed from the system. 🚀✨"
Referral Program
The platform offers a referral program where users can earn up to a one-time 2% referral bonus paid directly into their wallet. This adjustable bonus incentivizes users to invite others to join the community, promoting growth and network effects. It is "one-time" to protect the contract from malicious acts like self-referrals, and it encourages others to bring new users to the platform instead of continuing to earn from users they onboarded in the past.
Reinvest Function
SCM has created a 50% reinvest function option, allowing users to compound half their earnings while automatically claiming the other half as profit. Users can maximize their potential returns over time, saving on gas by reinvesting a portion of their earned tokens while increasing their realized profits.
The reinvest function leaves 50% of the claimable tokens in the contract, increasing your miners and percentage share. The other 50% is claimed in your wallet. This is the most gas-efficient way to mine and, according to our contract, gives a better reward rate than manually withdrawing and reinvesting.
This is a game-changing function and has never before been seen in a miner contract. A depositor no longer has to choose between “Suicide Compounding” or spending more gas and losing to dev fees by claiming and reinvesting half to get a "better" investment rate.
Throttles and Timers
To maintain stability and fairness, Polygon Land incorporates throttling mechanisms and timers. These measures help regulate specific actions, such as depositing or claiming, and prevent excessive activity that could disrupt the platform's equilibrium.
Deposit Timer = 12 Hours
An investor can deposit fresh capital every 12 hours.
Claim Timer = 24 Hours
Any action resets the claim timer to 24 hours.
Accumulation Timer = 7 Days
Investors have seven days to reinvest, compound, or claim their pending rewards. After 7 days of non-action, the rewards stop accruing.
MAX ROI = 500%
The ROI throttle in SCM is 500%. Once an investor has earned 500% profit on the principal deposit, they must reinvest fresh capital or cannot claim rewards. Check your ROI on the dashboard.
Minimum Deposit
The minimum deposit required to participate in Polygon Land is 5 Matic. However, this value can be adjusted based on market conditions and the performance of the mining token.
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