to pull it out without getting the reward like previous diamond staking
It’ll be locked.
Are we able to use our usdl to buy lgcy from the myriadex?
USDL will be the base pair to buy everything on myriadex
How much liquidity will be available to buy lgcy with our juicy usdl
More than Uniswap but it’s impossible to say a hard number because the market is so volatile right now. We will concentrate more of our liquidity on our network.
Understandable. But there is alot of usdl in the market. You need to calculate that variable also in your guys strategy
This is a priority and always has been. When you consider other successful stables, we barely have anything. We don’t even have enough to match LGCY’s MC on myriadex, let alone all the other tokens. The plan is grow as we go and keep it sustainable.
How will people without usdl get it for transactions on the network?
Same way you’d get ethereum for gas. You would have to buy it from an exchange, get it from block production rewards, staking ect…
Are we still looking at a tier 1 cex listing soon after mainnet release? Thanks
Since we had delays, we got pushed back in line, so it’s up to their marketing to fit us in. I’ll check in with them and see if they can get us a date. For now Gate, Uniswap and Bitrue are our recommended exchanges.
Thank you. USDL to Cex soon im assuming 🙏
Yes we’ll need options for the community to purchase USDL. Just give them a little time to integrate. Some exchanges can do it quick but others are busier. We’ll always have decentralized options, as that’s the goal.
Sounds good. Thank you
Will cexes eventually support lrc and erc chains for lgcy and usdl so we can deposit and withdrawal on whichever chain we choose and bypass the bridge? Thanks!
Yes, that is the goal.
Thank you for the updates and taking time to answer everyone’s questions.. I didn’t specifically ask any, I didn’t need to, others covered the bases. Thanks! 🙏
Cex will always be more convenient but it’s safer to have control of your funds.
I’m glad I could bring some clarity 🙏 thanks for the support
True. I'm trying to wrap my head around Fiat on/off ramps; avoiding bridge conversion fees; and liquidity.... But thank you for your time.
Feel free to ask any questions here. The mods are always very helpful and pros.
Hi Justin are you going to open up the longer term staking option (28% APY) first?
Yes the 12 month 28% will be first
Brilliant! Thanks
Will the different GBs have the ability to offer 12 month 28% paid out monthly ? Is that possible or no
It’ll be less for the shorter pools.
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