wallet on Ledger?
I would like to use Ledger to connect with reef.js.
Finally I would like to stake on app.reef.io through reef.js by connecting my Ledger.
Is this possible ?
1. Yes that’s possible. 2. Okay. 3. Not yet.
Thanks. So I have to create a wallet with reef.js and stake in app.reef.io through the created wallet in the reef.js extension.
soon, atm ledger not yet supported reefchain as official... I heard atm just development mode....
Ok I understand. what I noticed is that you can only stake with erc20 reef tokens on https://app.reef.io/bonds ? Because when I connect with my reef20 wallet there, it connects through EVM.
no erc on app reef.io, Just reef20 , But with link you shared it is 1 year locked staking
Yes I noticed the lock period. I believe that APY is not known yet?
Apy is 20% maybe up or down , depend on pool...but yes the information i got around 20%
Ok thanks for the info. My last question, what is the difference between https://stake.reef.finance/ and https://app.reef.io/? You can stake on both?
i think same because they had bond period / lock mechanism .... But yhe first you sent is Before Rebrand... Because reef is not finance again, we move to Reef.io , as infrastructure so use second link for bond
Ok thanks. I will do some research whether it's smart to stake through Klever wallet or https://app.reef.io/. They have different bonding period and apy.
in my experience , stake with klever or stake in app reef io, it is different... But yes in app had same validator in klever , community Stake 70% commision... The different is In App had lock 1 year but klever no, Just unbond 28 days
Yes exactly. The difference is bonding period and apy. In klever there are validators with 50%+ apy. Some fear to have their reef in Klever but I cannot imagine the wallet would be insecure. For both staking methods I need to send my bep20 to an exchange on which I can withdraw reef20 to Klever wallet or to my reef.is wallet.
yes true... in klever had many option to choose validator but some of them required Huge buck Balance for on top 64.... in app Little is okay ...but yes wait 1 years...
Yes I noticed if you want to bond with validators that return 50%+ apy, you need to have at least 550.000+ Reef balance.
I think 1 year lock is insane.. 28 days, all right, but 1 year?... hardly anyone wants to do that
i put 7000 in klever and lucky im on top 64 😁, i will try on app for years... vrry long period...if waiting, if you forget for a while it is not really long... just hoping Value per reef is Insane not as now
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