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22979848 No.22979848 [Reply] [Original]

How much are you guys getting through staking? I'm staking a large stack on gofantom locked for a month and am not getting nearly as much as I would have thought per day. Is there a big reward once the lock period is reached?

>> No.22979901

I'm getting negative numbers because I'm fucking financially ruined.

>> No.22979980

>>22979848
You have to stake for a year to get the 14% you were getting before fluid staking. you might want to consider using some of your fantom to mint fUSD if you plan on using fantom finance in the future, after the month is over. You can also unstake but you wont get any rewards for 7 days so decide for yourself if it's worth it.

>> No.22980170

>>22979980
Thanks anon.
I was a bit hesitant to lock it up for a year so I set it to 30 days. If I set it for a year to get a higher % can I still undelegate whenever I want like I can when setting it for 30 days?

>> No.22980202

>>22980170
yes but there is a penalty which is paid from the rewards you get.

>> No.22980207

>>22980170
Yes you can, but no rewards for 7 days.
I make about $600 a month with steak

>> No.22980243

>>22980207
>>22980202
Ok thanks guys, I'm just a bit confused kek.
I don't really understand why anyone would lock it for less than a year rather than just set it for a year for a higher %APY. I thought locking it for a year meant that you would be unable to do anything with that for a year but if you can unstake at any time and just wait the 7 days it seems like the better choice.

>> No.22980272

What's the minimum FTM stack worth staking?

>> No.22980284

I AM FINANCIALLY SLAUGHTERED
FUCKING PND TRANNY COIN

>> No.22980293

>>22980202
>penalty which is paid from the rewards you get.
So regarding the penalty, does that just mean you won't get the rest of the rewards if you were to wait until the lock is done? Or does it penalize any rewards on future delegations? What I'm trying to say is do you just get paid rewards perdiodically or is there a big reward at the end of the lockup period that you would miss out on?

>> No.22980368

>>22980284
Blame trump for scaring investors, apparently him getting corona is such a big deal to weak hands.

>> No.22981134

>>22979848
Staking is a meme.
BTW, the 23mil stolen from Kucoin tokens are beginning to get dumped on Uniswap.

https://etherscan.io/address/0x3756b2f7626355bd8bb6b3dec8c279f2bacb21a8#tokent
xns

>> No.22981368

>>22981134
why dont they just blacklist his adress?

>> No.22981432

>>22981368
Some teams already took action, unfortunately Fantom isn't one of them.

>> No.22981525

>>22981432
fuck why did i not sell at 0.04

>> No.22981585

>>22981432
Fuck it, I'm selling. Fucking scam.

>> No.22981891

>>22981432
OMG IS IT REALLY?? FUCKING SCAM IM SELLING

>> No.22981913

BEWARE! SCAMMERS ARE FABRICATING A PUMP TO MAKE YOU THINK IT WILL BE OKAY

IT WILL NOT. FANTOM IS A SCAM.
FANTOM = SCAM
FANTOM = SCAM
FANTOM = SCAM

>> No.22982161

>>22981913
Get better fud you stupid chink

>> No.22982547

Even with the current dump, i am up 5x on my average buy price. Comfy.

>> No.22982667

>>22981432
DYOR. Fantom has blacklisted the wallet. Idiot.

>> No.22983238

>>22982667
shill fuck off

>> No.22983750

>>22979848
Fantom always dumps the hardest when the market goes down.
FTM fags have the weakest hands of the whole crypto space.

>> No.22984180

>>22983750
Soon, that will change.
People are aware of Fantom and its product now. Soon, link stacklets are gonna dump that shit for FTM.