Firepool
  • 📽️Background
    • The Rise and Current Landscape of Meme Tokens
    • The Current Challenges of the Meme Token Market
    • Future Innovations in the Meme Token Space
  • 📝Introduction
    • What is Firepool?
    • The Firepool Vision
    • Why Firepool Matters
  • 🔥The Firepool Formula: Launch, Stake, Mine, and Earn
    • Core Components of Firepool
    • Fire Pool Mining: MEME(3,3) Mechanism
  • 🔌How Fire Pool Mining Works
    • How Fire Pool Mining Works
      • Rewards & Earnings
    • Fire Boost Mechanism
  • 💰Tokenomics of $FIRE
    • Tokenomics of $FIRE
  • 🚦Roadmap
    • Roadmap
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  • APY & Rewards
  • Token Distribution
  • Earnings Transparency
  1. How Fire Pool Mining Works
  2. How Fire Pool Mining Works

Rewards & Earnings

Fire Pool Mining provides users with an opportunity to earn passive income through meme tokens. The rewards system works as follows:

APY & Rewards

The APY (Annual Percentage Yield) for each mining pool is determined by the token supply, demand, and the rewards allocated by the meme project. Firepool ensures that the mining rewards are competitive and sustainable, incentivizing users to keep their tokens staked for longer periods.

Token Distribution

The rewards users receive are distributed in the form of meme tokens. The meme tokens earned are not just limited to popular tokens like $DOGE or $SHIB; they also include emerging projects that have the potential to grow within the Firepool ecosystem.

Earnings Transparency

Firepool ensures that all earnings and rewards are transparent and easily trackable through the DApp dashboard. Users can see their total earnings, rewards per pool, and current APY at any time, ensuring full transparency in the mining process.

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Last updated 3 months ago

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