Disclaimer!!! The articles that I write are merely a journal of my investments. I am not sponsored by any of the projects/companies mentioned in this article. This is not financial advice, the information in this article is for educational purposes only. Never invest what you can’t afford to lose. I disclaim any liability or loss incurred by any person who acts on the information, ideas, or strategies discussed in my articles. Do Your Own Research. This article contains affiliate links.
This journal will document my investment in crypto miners/Dapps that have unusually high APR/APY/ROI— systems that usually run on MLM and other affiliate marketing schemes.
AVAX ($AVAX), an Ethereum-Killer Project, is trading at $25 (at the time of this publication), so basically is at a bargain price to jump in. The pros and contras of the AVAX blockchain are out of the scope of this publication, but summing up: It's cheap & fast.
So after digging I’ve found 2 AVAX miners that fit into my target Dapp model.
RothsChildWinery Home Page
Some Key features:
- 100% community-driven
- Anti-Bot, Anti-Youtube Draining
- Proven developer team with previous successful miners (and they have improved on areas where they identified needed improving)
- There is only a 5% tax on deposits and withdrawals
The development team is completely dedicated to creating a miner with all of the features that the community desires! They are the same team that created Ruby Miner, and while Ruby Miner is still going strong, they noticed some flaws that could be improved. As a result, Rothschild Winery has held multiple polls on their Discord where anyone can vote.
AvaxFortune Home Page
Some Key features:
- High ROI
- The Contract was audited.
The AvaxFortune offers a variety of staking options with varying rewards. Some of the options are Flexi staking (you can withdraw at any time), while others are lock-up options (your stake is locked until the time limit expires).
As you can see, there are some massive rewards on the table. Now, in general (in my opinion), the greater the promised rewards, the greater the risk with the investment, so proceed with caution. AVAX Fortune can be found here.
If we check the SC (Smart Contract) Audit, we find:
The AVAXFORTUNE smart contract provides the opportunity to invest any amount in AVAX (from 0.1 AVAX) in the contract and get a 125% to 659% return on investment between 10 to 26 days if the contract balance has enough funds for payment. All dividends are calculated at the moment of request and available for withdrawal Every 24 hours or end of the plans
Each subsequent Deposit is kept separately in the contract, to maintain the payment amount for each Deposit.
How to Get Started (RothsChildWinery):
You will need to have Metamask installed on your internet browser to get started.
If you use Chrome Explorer you can find the Metamask extension here.
- Create or Import an account.
- You must add the AVAX network to Metamask
If you know how to add custom networks to Metamask, copy the following details:
Network Name: Avalanche Network
New RPC URL: https://api.avax.network/ext/bc/C/rpc
Chain ID: 43114 or 0xa86a
Currency Symbol: AVAX
Block Explorer URL: https://snowtrace.io/
- Go to The Winery & connect your wallet
- Now you are logged into your dashboard:
Here you can deposit as much AVAX you want to invest > your deposit hires winemakers that will work and “mine” AVAX for you.
In your dashboard, you can also check your investment returns/rewards, daily yield and compound count.
You can only compound 7 times and once every 48 hours, and you can either sell the wine (take profits) or compound. You’ll notice a timer here that indicates when you can compound next.
You can withdraw your rewards early, but you will be taxed at a rate of 99 percent, so it makes sense to do all of the compounding for 14 days, then let your rewards accumulate for 72 hours before withdrawing for maximum rewards. By doing so, you increase your chances of receiving the maximum of 8% every day.
All of these features prevent people from amassing massive profits and withdrawing them all at once, which drains the contract balance, as many previous miners did. Investors are now “forced” to compound on a regular basis, which is ultimately the best scenario for longevity and sustainability. So, while it may take a little longer to get your ROI, you should be profiting for a much longer period of time after you withdraw your initial deposit.
You can find The Winery here.
Go to Avax Fortune and connect your wallet, you will be logged into your dashboard:
Here you can see how much AVAX you have invested, how much you can withdrawal, how much was withdrawn and your hold bonus % — side-by-side you will find your referral earnings.
With higher APR comes Higher Responsibility to be on the lookout, so tread carefully.
You can find AVAX FORTUNE here.
Last Minute Alerts:
- These DeFi projects are all high risk and high reward.
- This article contains affiliate links.
- I only endorse projects that I have personally invested in.
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