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Thiago-Neves

It seems that Solarbeam LP stKSM:xcKSM is 1:1 almost.. shouldn't

stKSM worth a bit less than xcKSM?

#cryptocurrency #english #lido
0

6 ответов

22 просмотра
Thiago-Neves Автор вопроса

Which is good, I'm not complaining 😬 just trying to understand the dynamics behind

0
13.04.2022
cryptodenier (will NOT dm first)-

They should practically be on par with each other. It’s a liquidity pool so it can fluctuate, whereas if you unstake stKSM through Lido, you receive a fixed rate.

0
13.04.2022
Thiago-Neves Автор вопроса
cryptodenier (will NOT dm first)
They should practically be on par with each other....

But it would take you about 7 days, right?

0
13.04.2022
cryptodenier (will NOT dm first)-
Thiago Neves
But it would take you about 7 days, right?

Yup, whereas the liquidity pool is instant, hence why you’ll probably receive a lesser rate there.

0
13.04.2022
Thiago-Neves Автор вопроса
cryptodenier (will NOT dm first)
Yup, whereas the liquidity pool is instant, hence ...

Thanks buddy. One final question (maybe I should ask in Solarbeam, apologize in advance). I see a farm xcksm-vsKSM with 40% APY. But that doesn't compound to my initial stKSM because I keep receiving stKSM daily, right?

0
13.04.2022
cryptodenier (will NOT dm first)-
Thiago Neves
Thanks buddy. One final question (maybe I should a...

When you LP stKSM, the staking rewards accrue to where it’s stored, so the rewards would accrue to the pool instead of your wallet, so once you withdraw liquidity you would withdraw a greater amount of stKSM than you initially LPed assuming there’s no impermanent loss.

0
13.04.2022

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