# Welcome to the Kimbo Training Center Kimbo Trainer: This is a high-risk "miner" contract where you can potentially earn up to \~8% daily. Make sure to read all the details at [KIMBOTRAINER ](/kimbotrainer/introduction)so that you understand the best way to participate and maximize your rewards. # Introduction ### **Kimbo Trainer is a DeFi project on** Avalanche**, with daily rewards of up to 8%, and a referral bonus of up to 12%.** **Kimbo Trainer was built to pay homage to Banana Miner and CoqInuMiner! Its purpose is to help build out the Kimbo DeFi community.** 1. **What are "Trainers"?** \ Trainers refer to the 'entities' that are hired with $KIMBO or $AVAX and train your Kimbos to earn your rewards. It's simply a term we've chosen to use. 2. **Trainers has no price** \ "Trainers" doesn't have a fixed price. The number of "Trainers" per ($KIMBO or $Avax) varies based on the Total Value Locked (TVL) – higher TVL means fewer "Trainers" per token, while lower TVL means more "Trainers." This creates a level playing field so that no user can be disadvantaged. There is NO calculator available to determine this. 3. **My daily percentage?** \ The daily percentage can reach up to 12%. This depends on your reward-taking habits, the time at which you reinvest your rewards or deposit tokens, as well as the fluctuation of the TVL. The average daily return is 6 to 8%. # Kennel Kimbo IMPORTANT NOTE: You MUST claim or compound every 10 days or rewards will stop for your address. This is to reward the users who are actively participating. * **What happens if I always put Kimbo in his kennel?** \ If you claim your rewards continuously, your daily percentage will significantly decrease, and you will not receive the highest daily returns. This is the anti-whale mechanism that prevents a whale from depleting the TVL. * **Is it better to compound my returns more often, 2 or 3 times a day?** \ "Compound" allows you to reinvest and increase your future rewards. So, essentially, yes. You will need to pay the standard Avalanche network gas fees for each "Compound"\`. * **My Reward Growth** \ Reward-taking habits impact future rewards; if you claim too many rewards, your daily percentage decreases. Daily increases in TVL can lead to a decrease in the daily percentage. * **Can I get my initial back?** \ Kimbo Trainer is a locked rewards pool, so no. You get your initial back over time through the rewards section of the Dapp. * **What are the fees?** \ There is a 2.5% development fee charged on ALL deposits and a 5% fee on reward withdrawals from Kimbo Trainer. 1% of Avax deposits is used to add to the KIMBO/AVAX liquidity pool. This is to help bolster the KIMBO price over time and ensure liquidity stays strong. The LP will be added at Pharaoh Exchange and the rewards from that LP will be sent ***back*** to the Trainer contract to boost the Rewards Pool.\ \ Standard Avalanche network gas fees are required for EVERY transaction, whether it's deposits, withdrawals, or compounding with the "Compound" function. * **Does the Trainers amount decrease when you claim your rewards?**\ No, the "Trainers" amount will not change. If you make a new deposit or add Trainers using the "Compound" button, the amount will increase, but not when you claim rewards. * **Is this sustainable?**\ Yes, as long as there are $KIMBO tokens in the contract, rewards will always be available. Individuals who claim too many rewards are penalized and receive diminishing rewards over time. * **What is the best strategy?** \ We recommend the tried and tested method as it is written in the contract. "Compound" for 6 days and claim your rewards 1 day per week. This will compound your investment and grow your Trainers while also taking rewards. * **The 6/1 Strategy explained.** \ This is about claiming your rewards every 6 days. During these 6 days, you can "Compound" as many times as you like. This simply allows for faster compounding. * **Is it too late to invest?** \ No, the contract is written to provide an optimal entry for any and all users, new or old. This is the reason the Trainers per token. * Amount changes frequently with TVL fluctuation to provide an even playing field for any new user and not giving the first user(s) a head start. * **Can contract functions be added?** \ No, the contract is immutable and cannot be altered. The contract operates perfectly as it is.\ \ No wallet can be blacklisted, no one can be compelled to "Compound" for 6 days and claim their rewards 1 day per week. # Referrals ## Inviter reward In order to allow a broader group of people to participate and stand out, users can only establish a first-level relationship, and the reward is **12%** of the deposits made by the referred person. ## How long does it take for the reward to arrive? When your invitation is successful, you will immediately receive 12% of the deposit made by the person who used your referral link, which is automatically executed by the contract. This action can only be done once. ## How to use the invitation reward? After the invitation is successful, you can choose to withdraw to the wallet or participate in the re-investment. No limits because it's yours. # Tokenomics ### Kimbo Trainer Token Kimbo Trainer aims to bolster the amazing $KIMBO community by providing a **dApp on Avalanche**. Kimbo Trainer does not have a token; we operate as a farm and liquidity expander on the Avalanche blockchain. **Please do not purchase any tokens** related to our project, as they will be scams. Exercise caution with your funds. # Algorithm IMPORTANT NOTE: You MUST claim or compound every 10 days or rewards will stop for your address. This is to rewards the users who are actively participating. * **We compare $KIMBO and $Avax to "Trainers"** 1. ## - Revenue algorithm logic Users deposit $KIMBO or $AVAX on our Dapp to start hiring their Trainers. Trainers train $KIMBO with Treats. Users sell their Treats to make profits, Trainers work indefinitely for you, and users can withdraw profits until the contract balance is no longer sufficient.\ \ The entire operation involves **purchasing Trainers with your $KIMBO or $AVAX - Trainers train $KIMBO with Treats - selling Treats for $KIMBO(revenue withdrawal)****.** You can also compound your Treats to acquire more Trainers and earn even more Treats.
2. ## - Algorithmic formula related to income * **Trainer price = deposit amount / (deposit amount + contract balance) \* Kimbo market.** * We can observe that the Trainer price is not fixed; it depends on several variables such as the deposit amount, contract balance, and the Kimbo market. * The earlier you enter the market, the more advantage you have! **Summary:** The daily interest rate is not stable at **8%**; it will fluctuate based on various situations. First and foremost, the sooner you enter Kimbo Trainer, the greater your advantages. Secondly, during the project's operation, we can perform actions such as reinvestment to maintain our daily interest rate stable and growing. Finally, as long as the contract has a balance, it will be possible to withdraw funds. # Contract Links to the verified contracts on Snowtrace. **Kimbo Trainer Contract:** {% embed url="" %} KimboTrainer Contract {% endembed %} # Official Links Twitter:[ https://x.com/KimboCollege](https://x.com/KimboCollege) dApp: # DISCLAIMER Kimbo Trainer is an experiment with no expectation of financial return. Your capital is at risk and you may receive back less than you originally deposited. Do not risk more than you can afford to lose. There is no guarantee or expectation of financial gain. This is purely for entertainment purposes. Graduated Kimbo (gKimbo) was developed with the intention to increase the DeFi utility of the $Kimbo community token. There is no guarantee or expectation of financial gain. The provided opportunity is to add more use-cases for the $Kimbo token with the potential to acquire more $Kimbo only. gKimbo is for entertainment purposes only. gKimbo will only increase in ratio if $Kimbo is added to the Kimbo College contract via an external transfer. This allows for the community to seize opportunities based on their own work to increase the backing of their own tokens. It does not and should not rely solely on the dev.