I assume, but not certain
that itself is amazing. even if apy goes down to 50% that's 50% x 40
Yeah the 40 X multiplier is incredible for sure
well..the only problem is that im staking CKB in DAO...so it will take 30 days to withdraw...sigh
I personally have many deposits in the DAO and was able to remove some and put into Yokai. Otherwise you would have to buy CKB from an exchange and send it over
just curious, why didnt you take it all out? The staking is only 3%.
Because I am holding CKB for many years to come, the 3% is worth it to me. Will be many free CKB over the years
hmm. ok. i have 1 huge deposit..dont know what to do
Have you had it locked for a long time?
june 11, 2021 i deposited
Okay so yes, quite a while. I wouldn’t touch it. You’ll thank yourself If you are holding for a long time.
but the apy is so low. For example, if someone had 1000 ckb, in one years it's 1030. That's nothing. It feels like you can make 10 years worth of staking ckb at 3% in 1 month on YOK
Difference is volatility of course
While I understand your concern, it’s important to understand what the DAO’s purpose is. It’s to help holders offset your asset diluting from secondary issuance. Nervos operates on a PoW consensus, not a PoS. So this isn’t staking as many people are used with many PoS networks. It’s just an asset protection
yeah. i get that. just not happy with 3% lol
I get that, I don’t advise people to make decisions with their finances. Call but maybe it is something to think about to withdraw your CKB out of neuron Wallet, and take it vantage of the high rates in Yokai right now To multiply your bag by a lot. Then moving back to neuron wallet
Обсуждают сегодня