No, rewards are automatically compounded at regular intervals of X time, requiring no action from the user.
What is the compounding time?
Each strategy has its own APY and optimal compounding time. To optimize this, we incentivize both bots and users through a bounty. This ensures that compounding is executed when the gas cost is lower than the bounty awarded to the user or bot that initiates it.
What is a Bounty?
To offer our users additional returns and ensure optimal compounding times, we have introduced the Bounty section. Through this feature, users can earn extra rewards by utilizing the harvest function.
How does it work?
By clicking 'Harvest' on a pool, you are effectively compounding the strategy. When you do this, you will receive the Bounty Reward
The user will receive $0.03 in WFTM when calling it
Can I do reinvest of a pool I did not invest in?
Yes! You can do reinvest and gain the Bounty Reward for every pool on Matrix - even if you did not invest in it.
What is the difference between Pending Rewards and the Bounty?
Bounty are the rewards one get for calling the harvest function. Pending rewards are the rewards generated "so far" by that pool. For example, the pending rewards for FTM-TSHARE are $123.41, meaning that when we click on reinvest, "all" the investors of that pool will get their share of $123.41. Whereas, Bounty are $0.56, meaning that "only" the user who call the reinvest function, will get $0.56.
How I receive the Bounty?
The Bounty rewards will be directly transferred to the user address in the chain wrapped token
How much is the Bounty?
The bounty fee is the 10% of our 4.5% farming fee.