Is the lock time reset???
lock times dont reset. you can add to more cake to the locked amount or extend the lock duration
For example, I locked my cakes for 6 months , After 5 months, I add a lot of cake to it , So with the new cakes I added, I can make a profit from the remaining one month with a percentage of the previous 6 months !!!!!!!?
the APYs arent fixed rates. whatever the apy is when there is 1 month remaining on your lock is what you'll earn
So if I lock 10 cakes now for a year . When I have 2 months left on my lock, I will add 10k cake to it . So in those 2 months, I will receive all my cakes with a (yield boost 20.95x) profit ! ((This is a bug or I did not understand correctly!))
I think you boost would get reduced.
Does anyone have an answer to this question? Admin? Chef??
Yield boost : a boost depending on the period your choice. So by staking 52 week you get a boost of 20x compared to the flexible stake apy What you will earn depends on the APY example flexible apy = 13% Lock apy will be : ( 13 x 20 = 260 %)
I know this. Read my example. about adding cake
no... if you lock for 52 weeks ur yield boost is 20.95. this will progressively drop as the lock period shortens.. e.g. after 51 weeks, it may be 20.5... in order to maintain a 20.95x boost, you'll need to keep extending the lock period
I have problem in my staked cake I have been staked my cake befor 3 month manual staking but now my cake is disappeared and there is not manual stake what happened?
Clicked on finished, then migration page.
Dont remember admins say the boost will decrease by time!!!
https://t.me/PancakeSwap/2448692
Thank you got it
always good to learn - this system is not uncommon amongst the top defi tokens
@DoctorWho1234
This only happens if you added more cake during the lock period.
Admin please explain! Is he right?
The way this was constructed is it sounds like a scheme, you're committing your tokens to an offer now that won't exist a year from now when you collect your tokens. You run two risks locking tokens up, first of all the apy you were promised when you locked them up will go down, second of all the price of the token can come down. Can someone explain a benefit to locking tokens up since we know the apy is going to go down because you don't get paid until the very last day of the contract, so the apy you see now is not the true apy, and there is always a high risk that the token price can go down.
This makes no sense as the flexible apy is already flexible
just dont add to the stake or it resets that boost number
So I have to use another wallet . Thanks for the reply🙏
More complexity in a system doesn't lead to a better learning outcome. It hinders user adoption.
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