Hello folks, I'm an Ambassador for Moonbeam and I'm recording a

Question

Hello folks, I'm an Ambassador for Moonbeam and I'm recording a

tutorial on how to stake xcKSM with Lido. I just have a few questions from our community that I'd like to address in the video:

1. The APY with Lido (23.59%) seems a bit higher than the APY I'd get directly from Kusama (1945%). Why? How?

2. Does this APY (23.59%) already discounted the 10% fee?

3. When should we expect to have the pool stKSM/KSM? And is that going to be in Lido?

4. Do we already have any pools/dexes where we can use wstKSM?

#cryptocurrency #english #lido

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13.04.2022

3 ответов

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Thiago Neves Автор вопроса

cryptodenier (will NOT dm first)
1. Staking rewards are maximised due to dynamic re...

Besides Solarbeam, is there any other?

0

13.04.2022

cryptodenier (will NOT dm first)

Thiago Neves
Besides Solarbeam, is there any other?

None at the moment.

0

13.04.2022

cryptodenier (will NOT dm first) · Accepted Answer

cryptodenier (will NOT dm first)

1. Staking rewards are maximised due to dynamic reallocations to the most profitable KSM nodes. 2. The APY already includes the 10% Lido fee. 3. There is a live Solarbeam pool for stKSM-KSM where users can swap their stKSM back to KSM to essentially unstake. Lido uses third-party DEXes to faciliate swapping. 4. Mentioned above.

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13.04.2022

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