The Carreth Miner dApp will need to be accessed via your Web3 browser or wallet extension. Metamask (MM) via a ledger hardware wallet is recommended for maximum security and seamless use. Standard MM and Trust Wallet extensions can also be used. *As a reminder, never share your seed phrase with anyone.
Buying Miners
When buying your Miners through the dApp, the smart contract will deposit your ETH into the contract, which will gives the amount of Total Value Locked (TVL). The ETH sent into the TVL is locked, it will be returned via the “My rewards” section of the dApp. Next you will receive “Miners” which ultimately act as the number of tokens you own. These “miners” will automatically kick start your path towards passive income generation with harvesting Carreths.
The Pocket your ETH function is the reason you are on this page. This is where your hard-earned ETH gets returned to your aforementioned MM or Trust Wallet. The amount received will vary depending on which day you decide to pocket them.
The transaction fee is the usual gas fee.
Miner pays 8% daily rewards!
Compound miners
It is suggested to accumulate 0.01 ETH before compounding to ensure the ETH gas fees are not higher than the compounding amount. With the "Compound miners" button your rewards will be sent into the locked TVL. Once this function is initiated your rewards counter will restart to zero and your “miners” amount will increase. The increase of miners will be determined by amount in TVL combined with how many rewards are compounded.
Referral system For every person who invests in the miner through your referral link you will get 3% reward. Example: If someone invests 10 ETH in the miner using your referral, you will receive 0.3 ETH worth of "miners" as reward. Note: You will also get ETH reward for each compound from that person.
Join and earn!