Cash Out
Cash Out
The Cash Out section of the /rewards
command allows you to withdraw your earned rewards from various blockchain networks to your designated payout wallet.
Accessing Cash Out
To access the Cash Out menu:
Use the
/rewards
commandSelect the "💸 Cash Out" option
Cash Out Process
1. Overview of Available Funds
When you enter the Cash Out section, you'll see an overview of your available funds across all supported blockchains:
2. Select a Blockchain
Choose the blockchain from which you want to withdraw your earnings.
3. Select an Account
After selecting a blockchain, you'll see the details for that specific chain:
Choose between the High Fee Wallet or Low Fee Wallet to proceed.
4. Review Transaction
Before confirming the withdrawal, you'll see a detailed breakdown of the transaction:
5. Confirm Cash Out
Click "Confirm Cash Out" to initiate the withdrawal process.
Important Notes
Fee Collection: When users make trades, a percentage of the fee is collected:
Basic Tier: 1% collected to the high account
Loyalty Tier: 0.5% collected to the low account
Advanced Tier: No fee collected
Authorization Fee: The "Estimated Gas To Authorize" is a fee the bot pays to authorize your withdrawal. This amount is deducted from your rewards.
Gas Fee: The "Estimated Gas To Send" is the amount you'll pay to interact with the contract and receive your reward. This is not subtracted from your rewards but is an estimate of what you'll pay in gas fees.
Expected to Receive: This is the final amount you should receive after all fees are deducted and you've paid the gas fee for the transaction.
Withdrawal Confirmation: Clicking "Confirm Cash Out" will mark those earnings as withdrawn, ensuring you can't cash out the same rewards twice.
Wallet Requirements:
The wallet set up for payouts must be configured to save the private key for the Cash Out function to work.
If the payout wallet doesn't have the private key saved, the reward command will not work for that wallet.
Multiple Blockchain Support: You can cash out from different blockchains separately, allowing you to manage your rewards across various networks.
Supported Blockchains
Cash Out is supported on the following blockchains:
Arbitrum (ETH)
Avalanche (AVAX)
Base (ETH)
Binance Smart Chain (BSC)
Ethereum (ETH)
Polygon (MATIC)
Always ensure you have the correct payout wallet set for each blockchain and that you understand the fees involved before confirming a cash out transaction.
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