AutoShark
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General Questions

Canโ€™t I just compound by myself?

AutoShark helps you save gas fees because you pay them when you withdraw, claim and deposit. On top of that, we help you compound optimally up to 12x a day to maximize yield.

Do profits auto-compound?

All the profits from vaults are auto-compounded. When you withdraw, 30% of your profit is converted to JAWS and given to you.

How is the profit calculated?

At the moment of withdrawal (exit & claim) the performance fee is exactly calculated (30% of profits) and JAWS is rewarded.

Why can't I withdraw?

There might be some wallet issues or you might be connected with the wrong Metamask account (this is usually the issue).
Metamask: Clear cache on the browser, restart the browser, log out and log in on the autoshark website (click on the right top corner)
Trust Wallet: Make sure you have the app in the last version, restart the app and turn off and on again the wifi.

APR & APY

Letโ€™s assume the APR of the FINS farm is 365%. This means that on average if we divide 365% by 365 days, we get a daily return of 1%. Now since we compound this 1%, we can estimate the compounded APR using the following calculation: (1+0.01)^365 - 1 = 3678% Keep in mind that this is an assumption that only holds true if the APR of PANTHER farm stays constant through one year. However, this is obviously not the case since the APY also changes by the second. We can use the same calculation for the rest of the Farms as well! Just divide the APR by 365, which would be the average daily yield. (1+daily yield)^365 -1 = Compounded APY.

How to Determine Daily % Gains?

Because the APY is constantly changing, the Compounded APY on the AutoShark Platform is constantly changing. Furthermore, because this APY is calculated via compounded (exponential growth), it cannot be calculated in a linear manner (i.e. APY/365) So long as you hold your tokens in our farms for an extended period of time, your assets will continue to grow exponentially.
Learn more: What is compounding?โ€‹

What are the risks of Farming on AutoShark?

Systematic Risk
The Systematic Risk would be the decrease of the monetary value of assets deposited, be in BNB, PANTHER, etc. For example, BNB could be $300 when you deposit and $100 when you withdraw If you are farming via LP tokens (eg, JAWS-BUSD LP or Panther-BUSD LP), you might be subjected to impermanent loss. Impermanent loss happens when the price of the assets in the pool changes: https://academy.binance.com/en/articles/impermanent-loss-explainedโ€‹
Idiosyncratic Risk
The Idiosyncratic Risk would be risks associated with our actual project. Although PancakeBunnyโ€™s code has been audited by Haechi Labs and we did not make any significant changes after forking, there are always risks that projects will fall victim to malicious hackers. That being said, our AutoShark developers account for the security risks of smart contracts and only will interact with contracts that meet the security threshold.
Last modified 25d ago