With Baked Bean being so popular, we can see so many Baked Bean forks appearing almost everyday.
Lucky Cat has launched a few Baked Bean Fork on different Chain and the latest that should be the Lucky Cat on AVAX chain.
It has currently less than 200 AVAX so it is still early. I had invested 0.65 AVAX to give it a try and it is my first Baked Bean Fork that I am participating.
I notice that there is still no intensive marketing done for the AVAX version yet. It is definitely a risk but I guess I may be able to get back many times more if it becomes popular.
As we can see that there are many Baked Bean forks that were able to attract many investors so there is still a good chance for this to grow into something decent.
It has one of the cheapest dev fee.
This is as good as taking a bet with money that I can afford to lose. It is still better than lottery that we can hardly win a single cent.
Below are the information taken from Lucky Cat.
1: What happens when I buy cats?
When you buy cats, your AVAX gets locked into the Lucky Cat smart contract and rewards you with 8% daily return every day.
2: Can I take my initial AVAX back?
Over Time! Cats are not bought, Cats are fed and therefore they can't be sold. Once Cats are bought they work for you indefinitely, providing you with an unlimited amount of AVAX at a starting rate of 8% daily.
3: How much are my fees?
There is a small 1% dev fee in order to pay for marketing costs and developing the Lucky Cat ecosystem. ( This is the cheapest dev fee that I have seen so far)
4: When is the best time to Buy Cats?
Always! No matter when you hire miners, you will begin with a return rate of 8% daily.
5: How often should I re-bake (compound)?
WE recommend that you compound at least once per day but you are free to do so as often as you wish.
6: How is Lucky Cat sustainable?
Lucky Cat is sustained by continued community support, just as every other crypto coin, token or project. The difference is that since there is no token, there is no price to dump. As long as AVAX is in the contract, there will be rewards! (We can withdraw as long as the contract does not go dry. This depends on how many investors it can attract.)
7: How to use Lucky Cat on my phone?
You can either use an app with a dapp browser and choose the Metamask/Injected option or simply use any browser that you want and choose WalletConnect to connect to your wallet's app on your phone.
8: Is it better to feed cats or pet cats?
By design, feeding will be more profitable than petting in the long-term.
9: How do referrals work?
Once your metamask is connected to the AVAX Miner website, you will notice your referral address appear at the bottom of the page. When a new user hires miners after clicking your personal referral link, the contract will send a AVAX value equal to 12% instantly to your Cats. Be smart, use it to feed cats and build yourself a stream of income.
If you are interested to find out more or invest to give this a try, I would really appreciate it if you can use my referral link below.
https://avax.luckycat.money?ref=0xE67ac4D724093FEa5882A5167aA79cEE57aa747b
Disclaimer: This is my personal reflection and I am not in any position to instruct anyone what they should do. I am not responsible for any action taken as a result of this post. My post can only be a reference for your further research and growth.