I don’t follow? I have 4000 vefxs and 40k in

Question

I don’t follow? I have 4000 vefxs and 40k in

the uni usdc/frax pool. How should I think about the rewards boost I’m getting now and what I will get if I lock in more fxs?

#cryptocurrency #english #frax

0

06.11.2021

10 ответов

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DS Автор вопроса

4 years locked. veMAXI (as a millionaire)
if you have 1000 FRAX in each of 5 pools, then the...

I only have FRAX/USDC in the Uni pool. How should I think about the reward I'm getting now from veFXS and what incentive is there to lock in more veFXS? I mean, a 12-20% APR doesn't really merit a 4y lock considering the abundance of opportunities in the space. I feel like I'm really missing something here.

0

06.11.2021

4 years locked. veMAXI (as a millionaire)

DS
I only have FRAX/USDC in the Uni pool. How should ...

if your just looking for high %apr, there are better options.

0

06.11.2021

Jay Uribe

4 years locked. veMAXI (as a millionaire)
if your just looking for high %apr, there are bett...

I think he just wants to know if thats it ... 12-20% apr to lock your FXS for 4 years ?

0

06.11.2021

4 years locked. veMAXI (as a millionaire)

Jay Uribe
I think he just wants to know if thats it ... 12-2...

well its only 12-20% for the first day , then it starts to drop as your veFXS runs down

0

06.11.2021

DS Автор вопроса

4 years locked. veMAXI (as a millionaire)
if your just looking for high %apr, there are bett...

I’m not only after some high ape, I’m just trying to understand what the yield here is as locking long term is a commitment and it’s important to understand imo.

0

06.11.2021

DS Автор вопроса

Jay Uribe
I think he just wants to know if thats it ... 12-2...

Yep, you’ve got it!

0

06.11.2021

4 years locked. veMAXI (as a millionaire)

DS
Yep, you’ve got it!

well its less, lets say you lock for 4 years, after 3 years you have 50% of your veFXS left, so your only getting half the %APR shown

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06.11.2021

DS Автор вопроса

Ok, but by locking in for 4 years I get 4x vefxs (my 1000 becomes 4000) and 20% on 4000 = 800 apr, so I’m really getting a much higher yield…more or less as it’s 4,000 ticking down

0

06.11.2021

4 years locked. veMAXI (as a millionaire)

DS
Ok, but by locking in for 4 years I get 4x vefxs (...

how much would you get if you put that $17k in the USDC/FRAX pool for 3 years with no veFXS boost

0

06.11.2021