the same coins for the same amount of time again? Do I need to claim the rewards first and withdraw my coins and then lock them up again or is there an easier way?
You can relock it without paying fees. Go to "manage deposit", chose a new lock period (don't fill in anything under "amount") and click "update". Now your deposit is locked again :-)
Ah cool, thanks!
Admin should do a pin of this as everyone's is unlocking this weekend due to timing of the 120 locks etc eh ...I think I'm approximately right in saying that
Would it be best to claim rewards before doing that I wonder? Anyone have the best strategy on getting your rewards onto your new 120 lock at the cheapest fee? I'll be trying myself this weekend bit I thought I'd ask of anyone has done it
I don't think it matters if you do it during the lock expiry or after, the fees will be the same. It will depend on how many rewards you have available and if it is worth it to compound them to start earning the locked APY on it. Perhaps a calculator could be created to see when it's worth it to compound (for optimal rewards) or when it's better to leave them at unlocked APY
Yeah it's a good idea, it would be nice to have a "X days till break even"....as you know once you've made a deposit you have to wait a few weeks sometimes to make the fees back off your deposit
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