How Magic Pool Mining Works

Magic Pool Mining works by allowing users to stake their $POOL tokens in dedicated mining pools associated with specific meme token projects. By staking, users mine meme tokens, earning rewards in proportion to the amount of $POOL they have staked and the Annual Percentage Yield (APY) offered by the pool.

Staking $POOL

To participate in Magic Pool Mining, users first stake their $POOL tokens into a designated pool. Each pool is curated to feature high-potential meme tokens. These pools rotate based on community interest, project hype, and token performance, ensuring that users are always mining promising tokens.

Mining Rewards

Once staked, users begin to mine rewards in the form of the selected meme tokens. The more $POOL tokens staked, the higher the mining rewards.

Mining rewards are distributed proportionally based on the amount of $POOL staked and the current APY of the pool. Users can track their rewards in real-time through the POOL.FUN dashboard.

Flexible and Locked Staking Options

POOL.FUN offers two types of staking options to suit different users:

• Flexible Staking: Users can withdraw their $POOL tokens at any time, though they will receive a lower APY compared to locked staking.

• Locked Staking: Users who commit their $POOL tokens for a fixed period (e.g., 30, 60, or 90 days) will receive higher APYs as an incentive for long-term participation. This encourages users to support the platform's growth without constantly needing to access their staked funds.

Dynamic Pools

POOL.FUN's mining pools are regularly updated, with new meme tokens being added to the platform. This ensures that users can always mine emerging projects and participate in the growth of new meme tokens that are gaining traction.

As meme tokens rise in popularity or relevance, they are added to pools, keeping the mining process exciting and dynamic.

Rewards & Earnings

Magic 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. POOL.FUN 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 POOL.FUN ecosystem.

Earnings Transparency

POOL.FUN 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.