Auto-Compounding Pool is now live!

Today is the “Auto OLIVE” day in Binance Smart Chain and Avalanche chain!

Stop reading and check it or

Auto-compounding means that instead of manually re-staking your OLIVE every so often to get the best APY, it will be done for you!

What’s the difference between the “Manual OLIVE” and the “Auto OLIVE”?

With both pools, you can simply stake your OLIVE tokens to earn more OLIVE tokens.

But there are some differences:

Manual OLIVE


Auto OLIVE Bounty

0.25% of all Auto OLIVE pool users’ pending yield. This bounty will be given as a reward for providing a service to other users.

Performance Fee

5% of each yield harvest, which is subtracted automatically from your profit. For example, if the harvest was 1 OLIVE, then 0.05 OLIVE would be subtracted as the performance fee. All fees will be collected on a special Smart Contract and burned 🔥🔥🔥

Unstaking Fee

3% if you unstake (withdraw) within 36 hours. After 36 hours, you can withdraw with no fee. The unstaking fee timer resets back to 36 hours every time you stake more OLIVE.

What happens to the OLIVE collected from the fees?

The OLIVE collected from the unstaking fee and performance fee is burned every week regularly to help reduce inflation.

How is the Auto OLIVE APY calculated?

The initial APY has been set assuming the pool being compounded once per 5 minutes.

The calculation will be adjusted to provide a more accurate rate when there is some real usage data for us to go on.

Improved UI

A series of user interface updates went online along with this update. Now it is much faster and easier to use. For example, Farm list can be represented in a table view or
Old v1 site is available

Happy Farming!