recall correctly. GB staking is not live yet and can take quiet some time to go live i reckon. Everybody can claim they wanted to stake from january 9. How will this be sustainable and what wil happen if GB staking issn't live yet in january?
As we’ve mentioned before, we are more worried about a lack of USDL than not. We want and need to distribute USDL.
So if GB staking issn't live yet in january everybody can claim they staked for a year and will be handed out USDL? Sounds a bit odd to me but maybe i'm missing the bigger picture😅
I’ll answer this last one. You will have to stake to claim it and just compare 30 mil to any other stablecoin market cap. Then imagine we have a lot of liquidity against USDL but not enough USDL to back it. Now realize that USDL gets burned when dapps use them. We’ll be fine, my friend. Anyways just wanted to say thanks to everyone that attended! I know I’m not in here answering questions all day long like the good old days but I’m around and appreciate you guys! Whether it’s fud or fan boys, the engagement and discussion shows that our community is alive even during these market conditions 🙏
Thank you Justin, appreciate it👊
If I understand this correctly then, at the time that GB staking becomes available we'll be able to stake and earn the (28%) retroactive USDL claim? I've been holding my LGCY waiting for the GBs to come online under this assumption rather than locking it for 1yr
That's correct from this statement. Let me referece
Yes but further details will have to be added. https://t.me/LGCYNetwork/184230
Time is getting away from yo and you’re wasting it. 28% at the current price of lgcy is really good. While you’re waiting for GBs the network staking has been live for nearly 6 months. I’ve been staking every month. That means from Jan next year I’ll get payouts every month. That’s it. The plan is simple but effective. Time. A bird in the hand
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