Introduction

SQRCAT Miner is a DeFi project on the Avalanche blockchain, designed to offer substantial daily rewards and a generous referral bonus. With daily returns that can be significant, and a referral bonus of up to 5%, SQRCAT Miner aims to foster a vibrant DeFi community.

SQRCAT Miner draws inspiration from successful projects like Kimbo Trainer, Banana Miner, and CoqInuMiner, and is dedicated to building out the SQRCAT DeFi ecosystem.

1. What are "Miners"? In SQRCAT Miner, "Miners" refer to the entities that are hired using $SQRCAT or $AVAX to mine your SQRCAT tokens and earn rewards. It is a term chosen to describe the earning mechanism within the platform.

2. Miners Have No Fixed Price: The price of "Miners" is not fixed. The number of "Miners" per $SQRCAT or $AVAX varies based on the Total Value Locked (TVL). A higher TVL results in fewer "Miners" per token, while a lower TVL results in more "Miners" per token. This system ensures a level playing field, so no user is disadvantaged. There is no calculator available to determine this precisely.

3. What is My Daily Percentage? The daily percentage can reach up to 12%, depending on your reward-taking habits, the timing of your reinvestments, or deposits, as well as the fluctuation of the TVL. On average, the daily return ranges from 6% to 8%.

By understanding and leveraging these mechanisms, users can maximize their earnings and contribute to the growth and sustainability of the SQRCAT Miner project.