How It Works
Learn how the Refinery turns your SCRAP into SILVER rewards.
Deposit SCRAP
Connect your wallet and deposit SCRAP tokens to the Refinery. Your tokens are securely held in the smart contract.
Earn SILVER
SILVER rewards are distributed proportionally to all depositors over 24-hour cycles. The more SCRAP you deposit, the more SILVER you earn.
Claim Anytime
Claim your accumulated SILVER rewards whenever you want. No lockup periodā€”rewards are always available.
Withdraw (5% Penalty)
You can withdraw SCRAP at any time, but a 5% burn penalty applies. This deflationary mechanism rewards long-term holders.
SILVER is an on-chain algorithmic token pegged to the real-world price of silver.
We mint SILVER and place 100% in single-sided liquidity where it can only be acquired by being bought.
Every 15 seconds, the LP position is re-adjusted so it can only be bought and sold at the real price of silver at that moment.
A 3% LP fee on Algorithmic Silver funds buybacks to the $SCRAP chart.
Ready to start earning? Connect your wallet and make your first deposit.
Go to RefineryWhy the 5% penalty?
It creates deflationary pressure and rewards patient holders.
How are rewards calculated?
Proportional to your share of total deposits.