Author Topic: Staking strategy  (Read 310 times)

paulcrow

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Staking strategy
« on: December 07, 2020, 01:37:11 pm »
Hi

1. what is your staking strategy? How often do you make your claims, do you sale it or stake once again.

For me the problem is with the cost of claims / staking it is now around 31$ claim / 31$ stake.

so 62$...

I calculated that the best stratetegy is to do claim and stake every month. You will earing on 2 YFD aroud 1200$ more dolars than doing it by every 2 or 3 month.
Even if you pay 62$ * 12, it is better than to 62 *6 or 62 *3...

2. To authors, I am coourious is it possible to make automatic staking without claiming to abvoid cost of STAKE / CLAIM. LIke in the bank haha :)
I don't like to pay for 31$ my interest... and later 31$ fro staking.

I think next step is adding interest every day without claiming staking.... but I think ETH construction doesn't allow to make that way. 

cheers

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0xRugged

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Re: Staking strategy
« Reply #1 on: December 07, 2020, 06:17:23 pm »
Why are you paying $30 for claim and restake. To me, it charges no more than $5-$7 for both claim and restake.

I restake my rewards once every week. Not seeking my rewards at lowered prices for sure.

0xRugged

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Re: Staking strategy
« Reply #2 on: December 07, 2020, 06:34:25 pm »
Not selling my rewards I mean

freakie

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Re: Staking strategy
« Reply #3 on: December 07, 2020, 10:29:21 pm »
with the daily payout at 1.02%/day, i think it is worthwhile to restake the earning once per week. Of course do it when the fees are cheap. My last few tx only cost me about $1-$2. do remember to edit the gas thou as metamask usually will prompt you automatically with 180 gwei.

paulcrow

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Re: Staking strategy
« Reply #4 on: December 09, 2020, 02:21:24 pm »
och thank youuuuuuu, I didn't edit fee and it was always showing me 32$........  :P :-X

SilentOne

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Re: Staking strategy
« Reply #5 on: January 25, 2021, 04:42:59 pm »
Staking rewards will last as long as there are tokens available (i.e. 6K YFD initially dedicated for Pool A)

Where can we see how many tokens have been already rewarded from Pool A - how many are left to be distributed as staking rewards?