Any news on when we will be able to stake

Question

LGCY Network

Jay

Any news on when we will be able to stake

LGCY?

#blockchain #cryptocurrency #english #lgcy

0

15.10.2021

9 ответов

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Jay Автор вопроса

Dorin | Won’t DM |
Hi Jay, it’s planned for early November/End of Oct...

Thank you

0

15.10.2021

Aravind

Dorin | Won’t DM |
Hi Jay, it’s planned for early November/End of Oct...

But as of now, the coins are on ERC20, rt? Will there be a shift to native chain before the staking or both the ERC and native chain (LRC20, is it?) will co exist?

0

16.10.2021

Sig | LGCY Network | BattleVerse L1 | BitWin

Aravind
But as of now, the coins are on ERC20, rt? Will th...

Correct, still ERC20. LGCY will support both ERC and LRC. If you want to stake, then you'll need to swap to LRC.

0

16.10.2021

Aravind

Sig | LGCY Network | BattleVerse L1 | BitWin
Correct, still ERC20. LGCY will support both ERC a...

Thank you! ✌We will lose a tonne of coins that way, unless bought off Uni....exchange to wallet, then likely some bridge to convert to LRC20 I assume (is it native provision or are we tied up with some other company for this?). So, from an exchange, its two rounds of loss before we can have coins in LRC...🤔 Anyways, matter is clear....I guess both prices will be aligned, rt?

0

16.10.2021

Sig | LGCY Network | BattleVerse L1 | BitWin

Aravind
Thank you! ✌We will lose a tonne of coins that way...

It's an open market in terms of prices and that can't be controlled.

0

16.10.2021

Aravind

Sig | LGCY Network | BattleVerse L1 | BitWin
It's an open market in terms of prices and that ca...

Wont it be an issue from investor POV if the same token (though difft networks) will have different price? On the exchange, I was saying to move it out from an exchange to a wallet, there will be some fee...then from wallet likely we have to do this bridging? Again, some ETH network fee....not sure of how the bridge gets accessed and whether we can make conversion from an exchnage or whether a wallet is necessary. I assumed, a transfer to wallet is necessary before bridge or conversion can be done...maybe I am mistaken here.

0

16.10.2021

Sig | LGCY Network | BattleVerse L1 | BitWin

Aravind
Wont it be an issue from investor POV if the same ...

1) That's not unusual for there to be a difference and it's happened in crypto markets before. Some will see it as an arbitrage opportunity 2) Right, yes there will be fees if you're using exchanges. 3) There will be instructions and it will be straight forward. You don't have anything to worry about at this point. Simply wait for more details and instructions.

0

16.10.2021

Aravind

Sig | LGCY Network | BattleVerse L1 | BitWin
1) That's not unusual for there to be a difference...

✌Perfect..thanks for your clear, patient answers.

0

16.10.2021

Dorin | Won’t DM | · Accepted Answer

Dorin | Won’t DM |

Hi Jay, it’s planned for early November/End of October.

0

15.10.2021

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Any news on when we will be able to stake

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