🥕Additional Add-Ons

AltFarms offer several add-ons to enhance the farming experience and offer more flexibility to users.

Please note that add-ons are enabled and customized by Token Pilots. These features are designed to ensure the stability and integrity of the farming process.

Minimum Staking Period

A minimum staking period can be defined, requiring users to stake their tokens for a certain duration before they can qualify for rewards. This ensures long-term commitment and stability within the farm.

Access Fee

An access fee may be charged for utilizing AltFarms. This fee is waived for $CTRL token holders, encouraging the use and holding of $CTRL tokens within the AltCTRL ecosystem.

• The access fee cannot exceed $10 USD.

• The access fee is split between the project and AltCTRL.

Warmup Period

The warmup period is a predefined waiting time from when a user stakes tokens until they start earning APY. During this period, users’ tokens are locked, and rewards start accruing only after the warmup period ends.

Cooldown Period

The cooldown period is the waiting time from when users request a withdrawal of their staked tokens until they receive them. This period consists of two actions:

• Activation of the Withdrawal: Initiated by the user.

• Automatic Withdrawal Action: Tokens are released to the user after the cooldown period ends.

Early Withdrawal Fee

If users withdraw their tokens before the end of the specified cooldown period, an early withdrawal fee applies. This fee is a percentage of the staked amount and serves as a penalty for early withdrawal, ensuring that users are incentivized to commit to the full duration.

• The early withdrawal fee cannot exceed 50%.