balance of mex stake remains the same?
it's because it's currently inflationary. there is a lot being pumped into circulation right now, which lowers the price. this will change as the rate of rewards drops and the burn rate for swaps goes up
then the apr is wrong in that case surely its why why cash isa is at 0.6 due to inflation...i wish in that case id left it in legacy delegation
I think the APR is calculated off of the lkmex numbers, not fiat, yeah?
im talking in principle
I see your point, but the APR is right, it's just looking at the token holdings independent of fiat currency. the trick is to compound so that you accumulate at a faster rate than the inflation
reinvest your rewards so that it is added to your principle balance that is accumulating rewards
been doing that since day 1 6 times a day and still im in negative profit at highest apr 687 ! tis is worse than my ISA which pays 0.6 apr!
the crypto market has also been on the downtrend, which isn't helping
the mex price isn't sideways at all
the last 2 days has been fairly stable tbh but yes that one day plummet i took into account...
they're currently working on bringing in the token pairs that will bring use and utility to the DEX. that will bring with it a rise in price
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