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/biz/ - Business & Finance

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File: 449 KB, 960x960, Nodeoperator.jpg [View same] [iqdb] [saucenao] [google]
27239309 No.27239309 [Reply] [Original]

Just got my AVAX node staking rewards.

>> No.27239428

>>27239309
Mine pay out tomorrow - a new ATH staking amount.

>> No.27239626
File: 95 KB, 900x900, pepesoldir.jpg [View same] [iqdb] [saucenao] [google]
27239626

>>27239428
I upgraded my node and staked again, this time for 35 days.

>> No.27239893

Im fucking jelly.

>> No.27239937

>>27239626
Yep, I will be re-staking too for compounding gains.

>> No.27240427
File: 145 KB, 600x600, pepe.jpg [View same] [iqdb] [saucenao] [google]
27240427

>>27239893
I only run a medium sized node with 6000 AVAX
for my next 35 days of staking I'm going to make 54 AVAX or 800 dollar.

>> No.27241028

>>27240427
The NEET dream.

>> No.27241127

>>27241028
Indeed. Before long he will earn $8k per month.

>> No.27241447

>>27241127
*votes with avax and turns earn to 1pct*
doesnt matter even if the above happened when it is 2.7K/AVAX

>> No.27241541
File: 83 KB, 920x691, meanwhileinbiz.jpg [View same] [iqdb] [saucenao] [google]
27241541

>>27241028
its truly the NEET node dream.
all you have to do is occasionally check in on it and upgrade it once in a while which takes like 2 minutes and 95IQ.

>> No.27241780

>>27240427
>54 AVAX or 800 dollar
I think you mean 1600 dollars my fellow node chad

>> No.27242103

Isn't the amount of necessary AVAX in order to stake ridiculous though?

>> No.27242142
File: 36 KB, 647x636, avaxpepe.jpg [View same] [iqdb] [saucenao] [google]
27242142

>>27241780
in the next month we 2x for sure.
Apricot and new node functions like governance, EVM, ETH Bridge and Pangolin launch etc.

>> No.27242143

>>27241541
My IQ is only 90

>> No.27242271

>>27242103
you can always delegate if you cant afford your own node.
also with the new upgrade we will get governance so node operators will be able to vote on required amount to run a node and very likely vote to lower it.

right now we have 792 nodes in the network.

>> No.27242314

>>27242103
You can delegate your AVAX to someone else’s node. Minimum amount is 25 AVAX.

>> No.27242347

>>27242142
This is the comfiest fucking coin I swear to god

>> No.27242556

>>27240427
Literally made it.

>> No.27242617

>>27242103
Will be lowered to 500 soon.

>> No.27243202

>>27242142
Do you have the official pangolin release date?

>> No.27243257

>>27242347
>tfw I hold the two comfiest tokens, AVAX and LTO
Feels fucking good.

>> No.27243370

>>27242103

25 to be able delegate.
2000 to run a node.

Sure, it’s high to run a node but it’s meant to be. Newfags can just delegate for now.

>> No.27243468

>>27240427
What is your node address?
My delegated stack is being released later today I'll delegate to you

>> No.27243766
File: 216 KB, 1562x883, emin with flamethrower.jpg [View same] [iqdb] [saucenao] [google]
27243766

>>27243202
nobody knows yet they will announce soon enough tho
keep an eye on:
https://twitter.com/pangolindex
https://pangolin.exchange/litepaper

>>27242556
I only regret not buying more AVAX, made it into the ICO and at the time I wasnt as AVAX pilled as I am now so I went for the B option instead of maxing out the other baka

>>27243468
NodeID-Lcz13jmfLss6xMZwfa7st2C87sDWLPnQc
lowest fee and still plenty of room for delegations bros.

>> No.27243871

i have 1600 avax, waiting for funds to clear to buy more, price goes up, will end up with literally fucking 1950 avax. have to move more funds in, voyager takes 5 days, price goes up

anyone else stuck in this with me?

>> No.27243950

>>27243871
Me. But in my case I will only have my funds in 8 days.

>> No.27243953

>>27240427
Can you guys explain how staking words, which app I need etc.

I have 4000 avax

>> No.27243989

>>27243953
Move to AVAX wallet, move to P-chain, delegate.

>> No.27244045

>>27243953
Oh sorry, staking: https://docs.avax.network/build/tutorials/nodes-and-staking/setting-up-node-monitoring

>> No.27244061

>>27241541
nice picture sir

>> No.27244148
File: 59 KB, 482x671, TOPGÜN.jpg [View same] [iqdb] [saucenao] [google]
27244148

>>27243871
thats unfortunate bro
you could also delegate for a couple weeks to get to 2k. completely risk free to your stake, no swinging and no need to buy more. comfy af.

>>27243953
its really easy bro
https://docs.avax.network/build/tutorials/nodes-and-staking/staking-avax-by-validating-or-delegating-with-the-avalanche-wallet
>>27244061
thanks fren, its OC.

>> No.27244149

>>27243989
Yeah but after that, do I need a PC to run full time or some shit?

Or is it just basically staking for months for APY?

And how much gains can I expect for 4000 Avax and how long to I need to lock my cock in a cage?

>> No.27244516

>>27244149
>do I need a PC to run full time or some shit?
just sign up for a VPS, I use Vultr and it costs me like 20 bucks a month. very easy to set up.
been using it for months and my uptime was always 99% - 100%
you could also run it on a raspi4 at home if your internet is good and stable.
>Or is it just basically staking for months for APY?
you can stake for however long you want bro, minimum is 2 weeks and maximum is 1 year.

>And how much gains can I expect for 4000 Avax
around 16 AVAX a month which is like 230 bucks at current prices.

>> No.27244585

>>27244516
so theoretically if you get to like 10,000 avax some day,

you would make 12% net profits per year at 1,200 AVAX interest per year?

That's insane passive income. What's the catch?

>> No.27244600

Lads when I get my node set up can I post address here? Will set fees to minimum.

>> No.27244643

>>27240427
Goddamn anon. You're going to be a millionaire.

>> No.27244647

>>27244585
sorry 500 avax a year

Which is still fucking insane

>> No.27244794
File: 1.05 MB, 800x787, 20210131_094035.png [View same] [iqdb] [saucenao] [google]
27244794

>>27244148
i got the pi on the shelf over there, how long/hard is it to set up a node?

>> No.27244953
File: 172 KB, 1073x846, outofpoverty1.jpg [View same] [iqdb] [saucenao] [google]
27244953

>>27244585
>What's the catch?
there really isnt one
>>27244643
actually I am already and if I weren't married to my Chainlink bags I would have gotten a bigger AVAX bag.
>>27244600
sure why not? imo /biz/ bros should support the nodes of other /biz/ bros.
>>27244794
there is a guide here:
https://www.youtube.com/watch?v=jlur1nef4-E

shouldnt be too hard

>> No.27245152

>>27244953
thanks for the help, also i plan on advertising an AVAX ball, somewhere on the east coast, probably below Pennsylvania, i expect all avax bros to make it cause they don't have a day job anymore. also pay your taxes fuck, i don't want it turning into a raid.

>> No.27245165

>>27244953
Final 2 questions:

- Is Avax wallet risk-free and 100% trustworthy

- If you stake on Avax wallet instead of running a node, whats the APY you make for 12 months per 1000 avax?

>> No.27245350

>>27245165
>Is Avax wallet risk-free and 100% trustworthy
yes, for additional security you can also use a ledger
>If you stake on Avax wallet instead of running a node
thats the same thing bro
basically your node doesnt hold any keys and you interact with the P chain through the wallet.

>> No.27245481

>>27245165
>- Is Avax wallet risk-free and 100% trustworthy
As any other.
>- If you stake on Avax wallet instead of running a node, whats the APY you make for 12 months per 1000 avax?
Minimum fee for delegating is 2% of the reward, some nodes set it higher. So you'd be getting 98 AVAX if I haven't fucked up, correct me if I'm wrong.

>> No.27245748

>>27245350
>basically your node doesnt hold any keys
B-but white hat fudder told me nodes hold private key in memory KEK

>> No.27246122
File: 1.04 MB, 3034x1864, 1609869281513.jpg [View same] [iqdb] [saucenao] [google]
27246122

>>27244149
>do I need a PC to run full time or some shit
I run it on a Raspberry pi at home, the hardware requirement is as low as it can be. Although I only have 95% uptime because I'm routing through a VPN

>>27244585
>What's the catch?
Reward will come down in the future, this reward rate is the highest it'll ever be, similar to the first 4 years of BTC.

>> No.27246394

I have one question for my AVAX bros: how do you feel about impermanent loss?

>> No.27246624
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27246624

>>27245748
to fud you, there is no real avax fud tho.
at least not on the technical side of things.

>>27246394
I dont care about it at all. long term it wont matter anyway as AVAX is pretty much guaranteed to be a winner.

>> No.27246687

>>27246394
>impermanent loss
it's only a thing in AMM eg Uniswap or Pangolin for AVAX
you don't have it for staking

>> No.27246781
File: 744 KB, 1047x631, youregay.png [View same] [iqdb] [saucenao] [google]
27246781

if you read baki you're gay im sorry

>> No.27247061

>>27243871

Me too

>> No.27247108

Just bought 20k $ worth of AVAX, hope this will moon. How do you store it anons? i see ledger supports only in developer mode, which seems risky. Could i stake it while storing on ledger?

>> No.27247389

>>27247108
I store it by staking it to my node or delegating it.
have some on the side sitting in a wallet and a bit on exchanges as I plan to provide liquidity to pangolin.
>>27246781
is this where the OP pic is from?

>> No.27247600

>>27246781
Strong is beautiful!