> For the complete documentation index, see [llms.txt](https://olive-cash.gitbook.io/olive-cash/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://olive-cash.gitbook.io/olive-cash/olive-auto-watering.md). # Olive Auto Watering #### Auto-Compounding Pool is now live! Today is the “Auto OLIVE” day in Binance Smart Chain and Avalanche chain! Stop reading and check it or . Auto-compounding means that instead of manually re-staking your OLIVE every so often to get the best APY, it will be done for you! #### What’s the difference between the “Manual OLIVE” and the “Auto OLIVE”? With both pools, you can simply stake your OLIVE tokens to earn more OLIVE tokens. But there are some differences: ![](https://cdn-images-1.medium.com/max/1600/1*XXnM8uvuAsa0kmP-f7lf2w.png) #### Manual OLIVE * You need to harvest or reinvest (compound) your OLIVE by yourself. That requires returning to the website, clicking buttons, and spending a bit of BNB for transaction fees. * Interest is displayed as APR, which doesn’t include compounding. * You can unstake at any time. No withdrawal fee. #### Auto OLIVE * Stake your OLIVE and forget about it! The OLIVE you stake in this Electrum Pool will be automatically reinvested (compounded) for you, deducting a small fee. * Set and forget. Put your feet up while watching your OLIVE stack grow! * The “automatic” compounding function is triggered by other users who get Auto OLIVE Bounty for triggering it. * Interest is displayed as APY, which includes compounding. * 5% performance fee is subtracted from your earnings each time the pool is automatically compounded. * An unstaking fee applies when you unstake within 3 days of manually staking. #### Auto OLIVE Bounty ![](https://cdn-images-1.medium.com/max/1600/1*yKJq63u3_8MF8uEuV99LUQ.png) 0.25% of all Auto OLIVE pool users’ pending yield. This bounty will be given as a reward for providing a service to other users. #### Performance Fee 5% of each yield harvest, which is subtracted automatically from your profit. For example, if the harvest was 1 OLIVE, then 0.05 OLIVE would be subtracted as the performance fee. All fees will be collected on a special Smart Contract and burned 🔥🔥🔥 #### Unstaking Fee 3% if you unstake (withdraw) within 72 hours. After 72 hours, you can withdraw with no fee. The unstaking fee timer resets back to 72 hours every time you stake more OLIVE. #### What happens to the OLIVE collected from the fees? The OLIVE collected from the unstaking fee and performance fee is burned every week regularly to help reduce inflation. #### How is the Auto OLIVE APY calculated? The initial APY has been set assuming the pool being compounded once per 5 minutes. The calculation will be adjusted to provide a more accurate rate when there is some real usage data for us to go on. ![](https://cdn-images-1.medium.com/max/2400/1*QIEFAT75eqULtVYC9eDnrw.png) #### Improved UI A series of user interface updates went online along with this update. Now it is much faster and easier to use. For example, Farm list can be represented in a table view or \ Old v1 site is available [https://old-bsc.olive.cash](https://old-bsc.olive.cash/) #### Happy Farming! --- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com. ## Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter, and the optional `goal` query parameter: ``` GET https://olive-cash.gitbook.io/olive-cash/olive-auto-watering.md?ask=&goal= ``` `ask` is the immediate question: it should be specific, self-contained, and written in natural language. `goal` is optional and describes the broader end goal you are ultimately trying to accomplish on behalf of the user. GitBook uses it to tailor the answer towards what is most useful for that goal. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.