Frequently Asked Questions
JuicyFields relaunched on the 3rd of November 2024 and since the relaunch, we have compiled the most frequently asked questions and have provided detailed explanation for them, you can find the guilds below:
Q: What’s the duration of a planting period?
A: A month.
Q: How many Percent APR do I get per planting period?
A: 60% APR, which loosely translates to 5% per planting period. However, for those who had a balance before the exploit, they would reap 5% + 5% from their old balance, making it a total of 10% per planting period.
Q: How long does verification take?
A: 24-48 hours, the process is fully automated.
Q: How long is a planting period?
A: A planting period takes a month from planting to maturity.
Q: How long would it take to claim 100% of my old balance?
A: It depends on several factors and one of the most important is your investment amount, let’s take a look at several factors and this can be categorized into 4 categories: Lower, Equal, Compound & Higher.
i. LOWER: This is a situation where your investment amount is lower than your old balance, for the sake of this example, let’s assume you had an old balance of €5,000 and you decide to invest 20% of it which is €1,000, you would earn 5% + 5% of your old balance which equals €100 monthly, it would take you approximately 50 months to claim all your old balance when you keep reinvesting the same €1,000(20%) over and over each month.
ii. EQUAL: In this instance, you invest an amount equal to your old balance, it would take you approximately 10 months to recover 100% of your old balance, for example you had an old balance of €5,000 and you invest €5,000, you would get 5% + 5% from your old balance which would equal 10% or €500, this means that if you keep reinvesting the same €5000 monthly and withdrawing your interest, you would have earned $5,000 in 10 months and cleared all your old balance.
iii. COMPOUND: This is very similar to option ii with just a slight difference, in this instance, you reinvest both your capital and profit monthly and if you start with an investment that is equal to your old balance, you should clear your old balance in as low as 7-8 months.
iv. HIGHER: This is the plan that would allow you clear your old balance the fastest. For example, you have an old balance of €1,000 and you reinvest €2,000, without even compounding it, you would clear your old balance in 5 months and if you compound, it would be even faster.
WEBSITE: https://juicyfields.global/
TELEGRAM: https://t.me.juicyfields_backup/
If you have further questions or enquiries, don’t hesitate to contact us on Livechat or Telegram, we would be happy to hear from you.)