Can any admin/dev answer me? Does USDN erc20 autostake

Question

Neutrino Protocol - Official group

DevJohnson

Can any admin/dev answer me? Does USDN erc20 autostake

count liquidity pool addresses as "stake"?

#cryptocurrency #english #neutrino

0

15.11.2021

8 ответов

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DevJohnson Автор вопроса

julia
Hi, could you, please elaborate on your question?

The USDN erc20 is "autostake", this makes the simple fact of keeping in the wallet, makes the amount of USDN increase. For all addresses that have usdn the balance will increase. My question is, the address of a pool with two pairs of erc20 tokens, one being USDN and the other USDT, for example, in this address of the pool's smart contract, will the amount of usdn also increase due to the autostake function? Will the pool receive the usdn income?

0

15.11.2021

julia

DevJohnson
The USDN erc20 is "autostake", this makes the simp...

Sorry for taking me so long to answer you, no it won't. it would me LP model staking.

0

15.11.2021

DevJohnson Автор вопроса

julia
Sorry for taking me so long to answer you, no it w...

Right. My question is not about LP, but about possibly the autostaking function is diluting the USDN price in pools by increasing the amount of usdn in a pool. Thanks for the answer!

0

15.11.2021

julia

DevJohnson
Right. My question is not about LP, but about pos...

I'll clarify it from the team for you.

0

15.11.2021

julia

Hi again, no? pool won't take a reward for it, as nor USDN or WAVES won't be withdrawn to the Ethereum net during circulating in pool.

0

15.11.2021

DevJohnson Автор вопроса