User Guide

Connect wallet

When you go to the main page, you will see the connect button on the top right. Please select your preferred Ethereum wallet. Once you connect to the site, you will be able to access the dashboard.

Prepare assets to lock-up

Neverlose.money is a lock-up smart contract (0x7edBE5aF30Ba6Ba2DE9EdDc72C2f585D1B0D5775) that enables you to lock-up your long-term cryto assets. Currently, Neverlose.money supports the following crypto assets.

WETH (wrapped-ETH)

Wrapped ETH (WETH) is a token that represents Ether 1:1 and conforms to the ERC20 token standard. Ether is not an ERC20 token, this is why we need to wrap it first. You can simply wrap your ETH in the dashboard as below (you need to approve the contract first before using the swap interface). You can also use Relay, Uniswap, or other exchanges.

WBTC (wrapped-BTC)

Wrapped Bitcoin (WBTC) is an ERC-20 token backed 1:1 by Bitcoin, bringing the liquidity of Bitcoin to the Ethereum ecosystem. You can simply swap your ETH to WBTC in the dashboard, or use Uniswap, Binance, or other exchanges that support the WBTC trading pair.

HUNT

HUNT token is a ERC20 based cryptocurrency that works as the key currency for HUNT Network - a DApp network for digital nomads. You can simply swap your ETH to HUNT in the dashboard, or use Uniswap, Upbit, or other exchanges that support the HUNT trading pair.

Before you begin, please make sure that you've added the following tokens to your wallet.

• WRN (WARREN) - 0x6a76Fe028056717703F357d1D073B439e4D24b0E

• WETH (Wrapped-ETH) - 0xc02aaa39b223fe8d0a0e5c4f27ead9083c756cc2

• WBTC (Wrapped-BTC) - 0x2260fac5e5542a773aa44fbcfedf7c193bc2c599

• HUNT - 0x9aab071b4129b083b01cb5a0cb513ce7eca26fa5

Simple rules

1. You can lock-up your Bitcoin (WBTC), Ether (WETH), or HUNT asset with a set target period from 3 months to a maximum of 10 years.

2. While you continue your lock-up, you will get a bonus based on your effective share whenever some users fail to HODL and withdraw their funds within the lock-up period.

3. You can withdraw your fund anytime you want, but you will get charged a 10% penalty + 3% treasury fund if you break and withdraw the fund WITHIN the set lock-up period.

How to lock-up

Click the lock-up button in the asset tab that you want to lock-up. If this is your first time to use Neverlose.money, you will need to approve (as below) before the lock-up transaction.

Click the lock-up button again, and then you will see the pop-up window as below. Set the lock-up amount and period from 3 months to a maximum of 10 years, and lock-up the asset.

Once you successfully complete your lock-up period, you will see the approval message on the top-right and the locked-up asset on the Lock-up feed at the bottom of the dashboard.

How to earn bonuses

Whenever someone breaks the contract and withdraws his/her fund BEFORE the set lock-up period ends, the 10% penalty will be spread to you while you have assets in an active lock-up. The percentage of the bonus you receive will be proportional to the shares of your effective asset amount and the length of their set lock-up period. Please read this part of the FAQ to learn more about the logic used to calculate the bonus.

When a bonus arrives, you will see the pending bonus amount on the dashboard as below.

Click the Claim pending button, and then the bonus will be distributed to your wallet directly.

How to unlock

Once the locked-up asset has finished its lock-up period, the green withdraw button will appear. Click the green button, and then you will see the pop-up window as below. It will show the lock-up amount to withdraw without any deductions from your original amount.

How to break & withdraw

As explained above, you can withdraw your asset anytime you want within the lock-up period, but you will be charged a 10% penalty plus 3% treasury fund. This penalty fund will be shared with other users who are maintaining their active HODL assets. You will also be able to earn the bonus from yourself if you're maintaining multiple HODL assets in the same pool and you break one of them. The additional 3% of the broken amount goes towards the treasury fund, which will be used for the HUNT burning system. Learn more

Claim WRN (WARREN token)

WRN is a governance token of the Neverlose.money platform. WRN tokens are distributed to those who have active lock-up assets proportional to each effective asset value. Please read this part of the FAQ to learn more about the details of WRN distributions.

Before you claim the WRN, please make sure that you've added the WRN token on your wallet. The contract address for the WRN token is 0x6a76Fe028056717703F357d1D073B439e4D24b0E. The way to add a new token may vary for each wallet service you use. The below example is based on Metamask.

1) Click the Add Token button at the bottom of your wallet.

2) Add the WRN token contract address on the Custom Token tab - 0x6a76Fe028056717703F357d1D073B439e4D24b0E

3) The WRN token will be shown as below. Click the Add Tokens button.

The generated WRN goes to the pending section, and you need to claim the pending amount to earn.

You will see the pending WRN tokens in each WETH, WBTC and HUNT asset separately, so you need to claim them individually.

About the auto-pending claims

Whenever you make a new transaction such as locking-up a new asset, or unlocking/ breaking the locked-up asset, the pending bonus and WRN in the same asset pool will be automatically claimed together. For example, if you make a new lock-up asset of WETH, the pending WETH bonus and pending WRN from the WETH asset pool will be claimed with the lock-up transaction. Other pending bonuses and WRN (in the case above - WBTC or HUNT) will not be affected.

Questions

If you have any questions, suggestions, or any topics to discuss with others or the team, please use the Discord channel (https://discord.gg/8zpebQrr4K). You can also email us via [e-mail].