Autocompound
Last updated
Last updated
If you want to make your deposits more efficient, you can autocompound your rewards daily. It is very simple!
Autocompound means accumulating the ETH generated by your deposits in the deposit itself. This way you will generate profitability on both the initial deposit and the rewards generated.
A simple example: you have a deposit of 100 ETH with active autocompound. The deposit generates a total of 0.5 ETH during the last 24h. By having autocompound active, your deposit will become 100.5 ETH, generating rewards over 100.5 ETH.
Follow the instructions to make a deposit found here
Rewards are auto-composed every day at 1PM UTC.
Automating rewards on your deposits is a simple way to improve your staking performance. You can deactivate it at any time to request a withdrawal of funds. You don't lose anything by having it active!