Pref Payments

When you want it and where you want it

Pref Payments & Intervals

WFN V2 offers two main ways for stakers to receive their rewards: Preferences and Payments

Node Address

To start staking, lease your WAVES to the following address: 3P98uUFYSP3jRr76kUAeW96Vb2m4LZhrAAf

1. Preferences

If you are an active user who has set on-chain preferences, you can customize your payment schedule

• Custom Intervals: You can set your own payout interval (e.g., every 500 blocks or every 10,000 blocks)

• Continuous Processing: Our "Preferences Engine" runs every 4 minutes, checking if any users are due for a payment

• What happens when it's time?

  1. The engine calculates your total rewards (WAVES, LP, UNIT)

  2. It performs any swaps you've requested (see Pref Swaps)

  3. It bundles all your rewards into a single, efficient transaction and sends it to your wallet

2. Payments

For users who haven't set specific preferences (Default), rewards are still distributed automatically

• Weekly Cycle: Mass payments for WAVES, LP, and UNIT typically happen once a week

• Efficiency: We use the Waves WFNpayoutsMulti transaction to send rewards to many users at once, minimizing blockchain fees

No action needed: If your preferences are outdated due to rule changes, no problem you will receive them by default, even if the preference time is outside the rules

Setting preferences is an on-chain action using the setPrefs function. This allows you to specify 3 token pairs, a target recipient wallet, and your desired pay interval.

Config & Monitoring

All preference-related configurations are stored and managed on the following address: 3PMGwbhVG6LiQvM4WKHECs6CG1dmWXx3Hgd

This address maintains critical settings such as:

• Min/Max Periods: Allowed payout time ranges.

• Allowed Tokens: Which tokens are available for reward swaps.

• AllowedFrom Tokens: Original source tokens for swaps

• Min Period: 100 blocks (approx. 1.7 hours).

• Max Period: 50,000 blocks (approx. 35 days).

• Automatic Retry: If a payment transaction fails (e.g., due to temporary network congestion), the system will automatically retry in the next cycle or use the fallback)

Pref Commission (Getting Better Rates)

While our node takes a small commission to maintain the infrastructure and automated services, we believe in rewarding loyalty and large-scale participation.

• Standard Fee: Typically 10% (see Limits & Rules for details)

• Preferential Fees: If you are a long-term staker, a partner, or a large-scale participant, you can enjoy custom fee structures that are significantly lower than the standard rate.

Want a better commission ? We are always open to discussing custom terms for our dedicated community members. Message us directly via Telegram at https://t.me/wavesfunny to get your preferential commission set up

Where do the fees go ? Commissions cover server costs, security maintenance, continuous backend development, and the expansion of the WavesFunny ecosystem

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Understand the Limits, Rules & Maturity to maximize your earnings.