> For the complete documentation index, see [llms.txt](https://hustlers-corner.gitbook.io/venom/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://hustlers-corner.gitbook.io/venom/earning-venom-with-miners.md).

# Earning Venom with Miners

One of the key ways to earn Venom is by creating miners using your DRIPX tokens. Here's a more detailed breakdown of how miners work and why longer pays better:

1. **Create Your Miner:** To start, you’ll use your DRIPX tokens to create a miner. The miner acts as a tool to generate Venom, and the length of time you set for the miner directly affects how much Venom you can earn.
2. **Longer Pays Better**: The longer you create your miner for, the higher your **APR (Annual Percentage Rate)**. The longer you commit to letting your miner run without claiming rewards, the more Venom it will generate over time. This incentivizes **long-term participation** and patience, giving bigger rewards to those who stay invested in the system.
3. **Claiming Venom**: You can only claim your Venom rewards **once your miner expires**. After the expiration, you’ll be able to claim all the Venom you’ve earned. If you wait too long to claim, though, be aware of the penalties.
4. **Late Claim Penalties**: After the miner expires, you have a 7-day grace period to claim your Venom rewards. If you claim after that, you’ll face **late claim penalties** that reduce your overall rewards. For more details on this, you can refer below.&#x20;
5. **Hyper Deflationary Mechanism**: Here’s the kicker—9&#x35;**% of all DRIPX used to create miners is burned & 5% is sent to the Buy & Burn pool**. That’s right, every miner created reduces the overall DRIPX supply, making it hyper deflationary. This burn mechanism helps to boost scarcity and, over time, increases the value of remaining DRIPX tokens.

**Penalties:**

\- Claim within the 7-day grace period to avoid penalties.

\- After that 7-day grace period, you enter penalty zone, which looks like this:

if 1 day late \~> lose 1% of your claimable DRIPX

if 2 days late \~> lose 3%&#x20;

if 3 days late \~> lose 8%&#x20;

if 4 days late \~> lose 17%&#x20;

if 5 days late \~> lose 35%&#x20;

if 6 days late \~> lose 72%&#x20;

if 7 days late \~> lose 99%

**Limits:**

\- Each wallet is limited to a maximum of 1000 miners.

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