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Terrausd staking reddit Eventually its 19% APR was completely unsustainable and it ended up being a ponzi and the entire Terra network collapse like a house of cards. Track the latest Terra price, market cap, trading volume, news and more with CoinGecko's live LUNA price chart and popular cryptocurrency price tracker. I, like all respectable members of r/cc, prefer the high high high-risk leveraged It is worth noting depending on your region the way the tax on crypto works may change when staking . 47% in the last day, and decreased by 10. can anyone explain what happened here? is this a glitch? is this an easter egg?? why did a creature jumped on my, exploded and dropped a JETPACK?!?! (i didnt even have the jetpack unlocked at the moment, Update 8) I'm looking for a reliable platform for staking ETH that also has a relatively high APY. Jun 2, 2022 · 7. Make sure that you know what type of "staking" you are doing and the risk involved. com where we feature market data and forecasts Upon request from community members we added TerraUSD to our website where we feature coin statistics, market capitalization, coin investment ratings Get the Reddit app Scan this QR code to download the app now. More. Coinbase is somewhere I would consider reliable (for the most part) but they only offer 3. Looking at TerraUSD X statistics, it's clear that the brand has 984,529 followers, which is considered to be a quite huge follower base. Unstaking takes just 2-4 days, but depending on the circumstances this can make a huge difference Staking on marinade Pros Liquid staking: when you stake your sol, you are given msol, which represent your staked sol. So whatever people pay Transactions with is what you get paid as a staker. 2022-04-15 08:47:27 TerraUSD (UST) is an algorithmic stablecoin pegged to the US Dollar running on the Terra (), Ethereum (), and other blockchains. Share calculator for UST Join affiliate program. Redistribution through staking. Homes have been repossessed. SOMEONE STOLE MY ZELCORE WALLET 316 FLUX AND 295 TERRAUSD AND CAME TO DISCORD FOR HELP AND THEY JUST MAKE FUN OFF ME WITH NO SOLUTION EVEN There seems to be a fake zelcore staking website making the rounds. Got wrecked with Time Wonderland. It has a circulating supply of 260,813,888 UST coins and the max. Calculate TerraUSD staking rewards. May 11, 2022 · Seeing how TerraUSD blew up spectacularly, this is probably a good time for us to think about our USDC holdings. View the latest TerraUSD price movements, charts, and supply details. We have different types of Liquid staking. TerraUSD was created to deliver value to the Terra community and offer a scalable solution for DeFi amid severe scalability problems faced by other stablecoin leaders like Dai. Here's a much more concise and accurate description of how Terra/TerraUSD worked: Feb 5, 2024 · Get the Reddit app Scan this QR code to download the app now. 4. Luna staking rewards on Terra Station . With kiln you must call the Eth to your wallet costing gas fees, with other staking as a service providers like allnodes it doesn’t require gas. My entire stack isnt worth an extra 5% of my original stack to risk it. By delegating your stake to a validator (someone who processes transactions and participates in consensus), you are essentially promoting the decentralization of the network by assigning your voting power that your SOL represents. Why bother staking in Liquidity Pools? Discussion We do understand that if 1 coin of the LP stays the same and the other moves up or down, it leads to impermanent loss. I’ve only staked on large exchanges before like Gemini or Binance, so I’m new to the whole self staking thing. Jun 26, 2021 · u/TerraUSD. 5% until 2 months ago when they dropped their rates. 3K votes, 368 comments. I fell for the 100 bonded on ledger, too. Don't know for ledger. Your wallet isn't staked. Terra is the stable coin suite that is generated from Luna. 4M subscribers in the CryptoCurrency community. In this post, you will be introduced to the concept of staking, how staking-as-a-service platforms work, and a guide to the best staking service providers in 2021. Staking is what users of Gemini Earn did to try to generate yield. For instance, TerraUSD, or UST, is a We found for you the best exchange to stake TerraUSD. Was doing my homework aggressively and I'm BAD in crypto. May 25, 2022 · TerraUSD was supposed to be a "stable coin", algorithmically pegged to the US dollar. So my Terra is a decentralized financial payment network that rebuilds the traditional payment stack on the blockchain. The native token, Terra ( LUNA ) was the network’s staking and governance Hey, I'm thinking about staking my LUNA but I'd want to know what I'm getting for it. Anyone who is capable can take a look and point out design flaws. I'm into it for a good amount, but I am against this particular investment scenario posed by this reddit post. This brings us to the next aspect of staking. While it is true that staking is better not staking, it is very misleading to assume that a staker's Purchasing Power will increase equally to the advertised APY. Apr 7, 2022 · TerraUSD staking attracts investor interest for its high yield of around 20% APY, and is now supported by Binance exchange. I think there's a better chance to be positioned for airdrops using keplr. Does anyone have experience with this? Is this a wise move? The Terra/TerraUSD Peg is continuing to slide and looks very bleak. And then STETH started falling in price, so i researched more about how everything works and i got scared because of all the stuff that is happening in crypto this bare market (for example the FTX fall down or LUNA). I'll be using that time in lieu over this weekend so I hope to have a few more out at least, but honestly I think the next one will take the most fact checking across saves so may take the longest. Is there a way to get any interest rate or anything on them? Im not looking to pool them, but staking or lend them on a CEX. You’re lending your coins to an uninsured lender, hoping they can lend them to someone else who will return the coins with over 6% interest. Nov 21, 2021 · There's quite a bit of misconception about what staking actually does to a cryptoasset. Staking is best done self-custodial and a good way to earn crypto if you are invested in it anyway. I see some on here are being told by Coinbase that in 48 to 72 hours they should see their rewards. Take a look at UST. It utilizes a basket of fiat-pegged stablecoins, algorithmically stabilized by its reserve currency LUNA, to facilitate programmable payments and Get app Get the Reddit app Log In Log in to Reddit. u/TerraUSD A chip A close button. Exchanges. Is there a working faucet? Can someone please send a tiny bit of LUNA TerraUSD was no different. Curiously, I couldn't even find anything on google discussing it when it happened. Skip to main content. Or check it out in the app stores TerraUSD. Nothing else to do. Staking with lido is a fucking scam, i staked my ETH to STETH and got the same amount that i had so 1:1 ratio. Kiln takes 8% of your rewards, while other staking services charge $5-$10 a month. People have lost their entire life savings. Also have mine staked on Coinbase. May 10, 2022 · The response from Reddit was - well yah that's supply/demand + Terra is a lot more than UST there is a whole ecosystem. Staking often isn't even a security deposit, as you can loose a deposit. Theirs No unbounding or bounding periods, no unstaking and staking period and you can use your Crypto almost immediately without any delay. Luna’s principal duty is governance and it safeguards Terra’s integrity through staking value inside the Terra ecosystem. Staking by yourselve is worth the risk and the rewards. Find best rates for UST from exchanges like SwissBorg using this TerraUSD calculator. It utilizes a basket of fiat-pegged stablecoins, algorithmically stabilized by its Once funds are transferred, go to the staking link in the web wallet interface to choose a validator and designate how much you want to stake. Not to mention the upcoming projects Staking now, is similar to our current 401K V. finance for an idea of what you can do with mSOL, but there's no way I could recommend a 'best thing'. 45% APY with TerraClassicUSD (USTC) Staking. You can stake UST on various platforms supporting Terra-based tokens, with earnings depending on the stake The place to tell us how you and your bike are stuck in mid-air or that you saw a bear fall out of a tree. Get Alerts, Calculate Returns and Analyze Historical Yields in one Place. 75 votes, 2. By staking your coins, you help the coin remain decentralized. I mean that’s more than most index funds make. (Scotty may bite. That means that you have to wait 28 to be able to cash out your DOT. You can use https://stakeview. Doesn't mean we can't rise just as much. It utilizes a basket of fiat-pegged stablecoins, algorithmically stabilized by its reserve currency LUNA, to facilitate programmable payments and Yes and no. It is a balanced situation. That devalued LUNA to virtually zero and caused a launch of a new chain — resulting in Terra Classic and Terra. I’m preparing for Moon Lord and was advised by a friend to use the terraspark boots along with fishron wings. Luna is one of the best staking asset because not only stake rewards but from staking you’ll also receive airdrops from future projects launching in the Terra ecosystem. 25% XNL Chronicle. app/ to view validator APY on past epochs. What does each of the 3 mean in terms of choosing the best validator to stake with. With Lido, smart contract risk always exists, but we have a world-class security team which audits all partners. We crashed hard. I saw FTX, Celcius, multiple defi protocols go through trouble. Staking is what Algorand users do passively learn interest on their ALGO. Participants who openly disregard this ethos will find their comments removed. As title. So spells likes Rock Slings, which deals physical, and Magma Shot, which deals I’m currently mid-bronze age in my playthrough and have no access to salt or vinegar for food preservation. Log SOMEONE STOLE MY ZELCORE WALLET 316 FLUX AND 295 TERRAUSD AND CAME TO DISCORD FOR HELP AND THEY JUST MAKE FUN OFF ME WITH NO SOLUTION EVEN There seems to be a fake zelcore staking website making the rounds. I understand theres ETH staking but Im too dumb to understand if I need 32 ETH or not u/-Parziva1-: Yes. Join Community Twitter Telegram Youtube TikTok Facebook Instagram IndieHackers Reddit View community ranking In the Top 5% of largest communities on Reddit. It is a scalable, yield-bearing coin that is value-pegged to the US Dollar. true. Learn more about TerraUSD history, use cases, and learn how to buy & store. I’ve tried putting my storage in an underground cellar (not associated with the addon) with light level 0 with no extension to their expiration. I do all staking on Keplr and never used a ledger for staking before. Their customer service is light years better than Coinbase’s as well. Crypto wallets hold your private keys (which are the passwords that gives access to your cryptocurrencies). This goes for whether you are staking or just holding: if you own the asset, you make the profit or loss when you dispose of (sell) the asset. And each time you add sol it creates a new little account I have just lost my staking rewards with the validator Orion Money on Terra Station and I need help. I just grabbed it recently and went to my favorite farming spot to test it out (you know the one with the blood chicken). I have some ERC20 tokens, and I am I got some UST just sitting in my wallet. And as a result of staking them, you get rewards every once in a while. I called Coinbase on May 18th to see what was up and was told staking rewards would show up in my account in 1 to 2 weeks. As the investment goes up this improves as gas fees are fixed but is low investment size types it doesn’t make much sense until maybe the 10,000$ range. The yield is My current plan is to convert most of my crypto holdings to Terra USD, and stake this on Anchor throughout most of the bear market for ~20% interest. 01 will I still be getting the same amount per day or will this reduce as the price increases? TerraUSD price today is $1. Open menu. Earn up to 0. On May 7, the price of the Jul 25, 2022 · Terra, another crypto failure, collapsed as its premise was that its two cryptocurrencies (LUNA and TerraUSD) could be setup such that they could be bought and sold to keep 1 TerraUSD = 1 Dollar (US); when both dropped at once they instead went in a downward spiral, and TerraUSD dropped to being worth less than 1 cent. With As u/Acrobatic-Ad-2777 explained, they don't just take your ETH - they use it to clear your debt and they get a bonus for doing that (or you get a penalty for allowing your position to go under, depending who we're talking about) "They" being liquidation bots here, ay. Validator here 👋 Staking is an integral mechanism of proof of stake networks such as Solana. Jan 17, 2022 · Luna’s principal duty is governance and it safeguards Terra’s integrity through staking value inside the Terra ecosystem. ) Hey u/Last_Cauliflower1410, . We use it to mean different things. The yield from staking UST on Anchor Protocol, now around 19. The stablecoin design is publicly available and mathematically verified. Terra is a decentralized financial payment network that rebuilds the traditional payment stack on the blockchain. You’re not staking anything. Find the best posts and communities about Venture Capital Firm on Reddit. 3K comments. US and platinum 1 for stake. Not all staking cryptos pay for the yield purely by increasing the supply. Open menu Open navigation Go to this campaign deepened the trust deficit for an unregulated crypto industry already badly damaged by the collapse of TerraUSD, Three Arrows Capital, Celsius and offering institutions secure custody, staking, Do we get any rewards for staking for say staking for 12 months on the Terra Station? View community ranking In the Top 5% of largest communities on Reddit. Track the latest TerraUSD (Wormhole) price, market cap, trading volume, news and more with CoinGecko's live UST price chart and popular cryptocurrency price tracker. 69 and Terra is down 52% today to $30 - Details and a two month old warning from a Redditor inside. Hey all, I’ve been accumulating and staking SOL on binance for several months now, but am moving over my funds to Phantom to a) have self custody of the SOL and b) earn a higher staking rate. Here your coins are used as proof to verify transactions. 03 USD with a 24-hour trading volume of $36,792,139 USD. 58 chromia that went into savings with a 1% apr that also generated 0. I only spend what bonuses they give me and money I get from free cash and affiliate bonuses at this point. Staking. Or stake to this new validator and pay 10% commission for chance to be the Mar 23, 2021 · We welcome TerraUSD to WalletInvestor. I'm sorry! I've been working 13 hour days for the past 10 days so I haven't had much time, I've just been weaving a few hours in each day. Take a look at the DEFI tab on marinade. Use the Algo Faucet to compound your rewards (it compounds every time you receive some ALGO), you can do it every 3 hour but faucet pays once a day. Here is what happened : - Had some Luna staked for a couple of months - Didn't withdraw my rewards - Delegate more Luna on the same Validator (Orion) - Now I don't see my old rewards. It is one of the popular token to stake and earn passive income. If you staked for a whole year you should have around 300 Luna total after rewards. I "staked" CRO for the card when the requirement was 10k CRO instead of $4000. After trying them both out together, I fall as usual after the wings run out, without any terraspark boot effects. If the price goes up to say 0. View community ranking In the Top 1% of largest communities on Reddit [Hodlnaut] An update on our Interim Judicial Management / Judicial Management s present financial circumstances are a result of losses suffered by Hodlnaut’s Hong Kong subsidiary during the TerraUSD crash, The IRS said that staking will be While staking your entire portfolio in stablecoins wouldnt be advisable cause you can still maximize profits investing into Reddit is "sunsetting" community points, we've been working on a fully P2P Reddit alternative that uses Ethereum for community names and usernames for 2 This title says it all, experienced players can post helpful tips on anything terra-tech. ), airport lounge access, and much much more! Jun 20, 2023 · 151 votes, 47 comments. A place for major news from around the world, excluding US-internal news. For me staking is being good so far, bro. Trust wallet will not put much info in your transaction history on where you stake your coins. , in our opinion, is the best place to earn rewards and generate passive income from your UST. It should happen automatically in 5 days. If you want my opinion. “Algorithmic” is such a misnomer. Nodle is the Decentralized IoT Network Built on Polkadot (Parity Substrate), aiming to bring data liquidity Terra really has enormous potential. My question with staking I am receiving 25k Lunc per day in staking rewards. Make sure you remember where you staked your coins. 48% in the last 24 hours. I’ve done my research on Anchor Protocol but haven’t made the move yet. Use the bookmark function to set bookmarks for the sites you used to stake. So I need a place to park my money. Check if fits your goals. Is there any reason why you would not choose TerraUSD over USD? I’ve been looking into UST (TerraUSD) staking seeing as it has just about a 20% APR and it’s at a fixed rate, it seems to good to be true. FTX aims to sell AI firm stake for funds during bankruptcy process #News #Investment #AI #crypto #cryptocurrency 6 days ago · View the latest TerraUSD price movements, charts, and supply details. By analyzing TerraUSD social media signals, you can instantly see how active, community-involved and popular the company is. 5% on matic right now too. Posted by u/GabeSter - 55 votes and 72 comments Get the Reddit app Scan this QR code to download the app now. We found for you the best exchange to stake TerraUSD. One of the things I'm worried about is the unnatural yield rates (these services pay up to 9%) while DeFi markets pay around ~2%. What has changed in the past month(s)? IMPORTANT: I have removed any suggestions for engaging with custodial staking entities like Centralized Exchanges. And write it down somewhere. In many staking situation like the worst case is you loose the reward. At this point the question isn't will the peg break? The BTC reserves of $1B are likely all gone and nothing is probably left. ⚡ Airdrops 💳 Crypto cards Blog. Organise trades, find players to farm and complete quests with, share your experiences and much more. The sad thing is TerraUSD attracted those who were too nervous to go into mainstream cryptocurrencies. . 25% BOO Learn more about Nov 20, 2021 · Binance also has savings, wich lets you stake flexibel for a way lower% so while your stake is still active you can get like a 1/10th of a penny of said crypto a day and it auto subscribes everyday if you enable it. 36M subscribers in the worldnews community. it's a phishing scam to Try our staking rewards calculator for TerraUSD and calculate the rewards you can earn If you're curious about how much you will earn from staking TerraUSD (UST), check out our crypto staking calculator. ⚡ Airdrops Hot deals Blog. As far as I can tell anything that might affect UST peg was basically stable on that day. Terra station validator staking commissions. Open menu Open navigation Go to Reddit Home. 12. ALBT-ORE staker here. Earn compound interests and more passive income. So UST victims can stake their airdropped LUNA to a 0%-commission validator and keep all staking rewards. 5% APY, is There's quite a bit of misconception about what staking actually does to a cryptoasset. BTC, LUNA, SPX, DXY. 25% APY while many other platforms, for example Midas offers a little under 10% but their relative lack of name recognition scares me. Ex-CFO of Terraform Labs extradited to South Korea in TerraUSD collapse investigation #News #Korea #crypto #SouthKorea #Grafa grafa. true Apr 15, 2022 · TerraUSD (UST): The Stablecoin That Made LUNA Successful. io. Dec 28, 2021 · This is not the case for the December 2020 crash. I have a couple of tips to start things off, GSO Missiles are great for Anti-Air, being agile enough to hit most aircraft, but strong enough to take out a wing or two (Unlike the Venture Avalanche Launcher, which has good tracking, but doesn't pack much of a punch. Find the Highest Yields, Best Platforms and Rewards in the Market. UST price has plummeted by 0. SwissBorg, in our opinion, is the best place to earn rewards and generate passive income from your UST. Apr 4, 2018 · u/-Parziva1-: Yes. Just recently unstaked. Open menu Open navigation Go to Reddit Home Xrp has no inherient staking mechanism in its code so all "staking programs" are interest based off the exchange/entity that is providing it. Expand user menu Open settings menu. Join the club NO ADS. 49 USD Ichi $0. 49 USD Orion So far staking by yourself is reducing the personal risk of lending your coins to a lending platforms. Get started easily with just 1 DOT. UST currently below . But staking at this moment you can't eben exchange to other coin. I enjoyed staking rewards, great cashback, boosted APY on stables, free services (Netflix etc. Thank you Max 20% mean of all the staking returns, there is one more risk that in example all people decide to exchange it back to eth before merge so it can happen that there aren’t such ETHs on exchanges like curve, but this thing concern every liquid staking, but after merge this thing disappears because it will be allowed to return it from validator (current eth staking issue is that you must lock 32 ETHs until merge you cannot Have not received any staking rewards since May 9th. Jun 1, 2022 · The Terra network and its leader, Do Kwon, rose to the highest tier of the crypto world thanks to big-shot investors, only to fall apart within a few days in May 2022. 93% in the last 7 days. Say Hi if you see us, we don’t bite. A "full Ethereum . May 12, 2022 · Demand for LUNA was artificially propped up by the biggest user of the platform: a 20% APY Ponzi scheme called Anchor where people deposited ("staked") cryptocurrency in the system for high returns. I use both Kiln is a staking as a service provider that will provide direct on-chain staking. supply is not available. So you have to manually stake each time you want to add more to staking. Just consider that these loans are all overcollateralised (you Dec 23, 2021 · Once you acquire LUNA you should start staking. Under $1 PARTICLE MACE - Local Co-op $0. It's important to note that current TerraUSD market capitalization is $102,139,479, Talking about circulating supply, UST has 5,561,759,415 coins. Indeed, no matter how big and "well funded" the project is. This is a safe space for ALL Ethereum stakers, regardless of how they stake. Or check it out in the app stores Need some LUNA to withdraw staking. It's like a separate 'staking' account that your main account owns. Members Online. This has far less restrictive rules about content than the dev's Reddit for this game. Or stake to this new validator and pay 10% commission for chance to be the random weekly/monthly account that gets the leftover validator payout? Like, pay 10% of your staking rewards for lottery tickets? Terra is a decentralized financial payment network that rebuilds the traditional payment stack on the blockchain. Skip to farming concept became popular in the summer of 2020 when crypto traders and stakers were accelerating their returns in staking pools by leveraging up their position (to if the price of TerraUSD is above the dollar, you can burn the utility token for How to store TerraUSD safely? When it comes to security, the safest way to keep your crypto is to buy a staking crypto hardware wallet (usually a USB ledger) or use a software wallet (Either a browser extension or a mobile app). Backed by a TOP 10 coin, the LFG had $1. Let's say I stake 100 LUNA right now. Is there a working faucet? Can someone please send a tiny bit of LUNA TerraUSD was no r/ethstaker strives for high quality interactions, our motto is "welcoming first, knowledgeable second", so please welcome every question and comment in this spirit. For example in the UK the distribution of your staking bonus is taxable as part of regular income, whereas normally only capital gains would be taxable when you trade your ETH. The current CoinMarketCap ranking is #94, with a market cap of $269,309,139 USD. 0006xxx May 9, 2022 · Posted by u/GabeSter - 55 votes and 72 comments Find the best posts and communities about Stablecoin on Reddit. Personally I think that the fact that mSOL is staked to hundreds of validators makes it more 66 votes, 123 comments. DJED is a formally verified crypto-backed pegged algorithmic stablecoin. Why does it matter? If you use an exchange this risk exists though, as well as all other risks like lending - however fundamentally staking is nothing that would cause a company to go bankrupt (like lending does). 3. How to store TerraUSD safely? When it comes to security, the safest way to keep your crypto is to buy a staking crypto hardware wallet (usually a USB ledger) or use a software wallet (Either a browser extension or a mobile app). A few hours into this game, and there's a helluva lot I realise I don't know. I was checking some staking options on Binance and found there for example TerraUSD with interesting APY about 21%. I was using meteor toss and Unlike other blockchains where staking income come from inflation, 100% of the staking rewards on Terra are the transaction fees. By staking you basically give authority to a validator who keeps the block chain going. u/hollammi explained the basic mechanism pretty well. 25% SNX Synthetix Network Token. I agree that it is high and that some cannot afford it. Get app Get the Reddit app Log In Log in to Reddit. Get the Reddit app Scan this QR code to download the app now. Makes it sound like UST is detached from economics and focuses on technology compared to something like DAI when in reality, the problems that DAI style stablecoins have are almost entirely technical How to store TerraUSD safely? When it comes to security, the safest way to keep your crypto is to buy a staking crypto hardware wallet (usually a USB ledger) or use a software wallet (Either a browser extension or a mobile app). Everytime you stake sol you're creating a new staking account with however much you decide to set aside. One is locked , and one doesn't. JUNO, EVMOS and LOOP are my top staking coins. Links Previous Newbie Questions Thread Tips / Tricks / Guides Megathread This thread is intended to be the place for you to Terra (LUNA) is a public blockchain protocol that emerged from Terra Classic. Join Community Twitter Telegram Youtube TikTok Facebook Instagram IndieHackers Reddit I stake different cosmos tokens and not just ATOM. s. Whats'up with that ? Did I just lose all the rewards I had? Staking DOT natively provides the function of securing the network and allows you to collect DOT tokens for your help. List of games under 5$ with good reviews. Yes it’s technically lending but it feels like staking. Terra USD, also known as UST, an 'algorithmic stablecoin' designed to maintain a value of 1 dollar. It’s r/Zwift! This subreddit is unofficial and moderated by reddit community members and Zwift community managers. btw, which is more profitable for ORE? staking on uniswap in the ORE-USDC pool or the customized LP mining with AllianceBlock? Want to make the best out of my ORE bag, especially they edge closer to their first CEX listing. Currently has Matic in Nacho earning a decent APY. Based on the wiki, it boosts magic damage , not spells. The big difference I see between RETH and the rest, is that the ETH you’ve staked is backed by ETH from the the node operators. It's completely locked like Startup companies share holder lockdown period. Simply enter in the amount of UST you want to stake and the calculator will show you how much staking rewards you can expect to earn per day, per week, per month or in the long Aug 19, 2022 · View community ranking In the Top 1% of largest communities on Reddit [Hodlnaut] An update on our Interim Judicial Management / Judicial s present financial circumstances are a result of losses suffered by Hodlnaut’s Hong Kong subsidiary during the TerraUSD crash, The IRS said that staking will be The current real time TerraUSD price is $0. It is nice earning interest on your crypto as So I've been thinking more about staking Stablecoins (lower risk) as an alternate method of generating wealth. Staking only earns around 10% yearly yieldat the current price of Luna, that would only amount to a little over $1 per day in rewards for 270 staked Luna. So many lives have been ruined financially. TerraUSD (UST) is a stablecoin with a scalable and yield-bearing value pegged to the US dollar. Minimal amount of ALGO to be elected for staking is 1 ALGO. The leading community for cryptocurrency news, discussion, and analysis. It utilizes a basket of fiat-pegged stablecoins, algorithmically stabilized by its reserve currency LUNA, to facilitate programmable payments and Trying to understand the benefit is staking with Jito. I staked 93 Luna on Terra Station in May '21. The rewards you get are new coins that didn't exist before, unlike when you get interest (the service sends you their coins). Lido is a liquid staking solution that will use smart contracts. Staking starts immediately when you have your ALGO in your wallet. TerraUSD is down 0. UST is a decentralized, scalable, and Calculate TerraUSD staking rewards. Zero staking. A few questions please, if you'd be kind enough to help me: I'm running Three fees mean if you wanted to just break even staking, and know what the break even date was on just the staking, it could be like 3 years on 1000$. If I stake and then use my jitsol to trade, do I have to pay back a dollar amount of jitsol (equal to the price of my staked sol at the time of staking) or is it a dollar value? What if the price of Normal staking doesn’t require gas fees to withdraw from the node. I was getting 6. This is profile don’t judge me. With the 1. It's now-renamed LUNC token collateralized UST, which crashed in a bank run in May 2022. For example, TerraUSD (UST) is tied to the United States dollar, while TerraKRW (KRT) is tied to the South Korean won. It's important to note that TerraUSD has posted 7,882 57 votes, 92 comments. Compare all the best platforms and earn staking rewards. Let's see what the other guys can help with this one. com Open. Thus, TerraUSD promises users a higher level of The Cardano ecosystem will have an algorithmic stablecoin DJED in Q1 2023. So if wherever you're staking gets hacked or mismanages the funds you're at risk of losing everything. Liquid staking to mSOL is a better option for the network (mSOL helps decentralize the validators), and for your passive returns. Personal Investment account. Terra Classic is home to the algorithmic stablecoin TerraClassicUSD (UST). I get roughly 350-400$ platinum 2 in stake. My question is, for staking, when I go to stake my Sol the list of validators that pops up in Phantom wallet, such as "0% fee >>#1" , "Luna Nova", etc Had it staked for last 3 or 4 months. The UST stablecoin was built to deliver DeFi (decentralized finance) trading on the Terra ecosystem. The way the 'algorithm' works is pretty simple: You can burn 1 dollar worth of Luna and get 1 newly printed UST, or you can burn 1 UST to Fueled by a passionate community and deep developer talent pool, the Terra blockchain is built to enable the next generation of Web3 products and services. Staking UST involves locking up tokens in a smart contract to earn rewards in UST or other Terra-based tokens, helping to maintain the stability of the UST peg. Keep in mind at the moment, Eth gas is high, so staking contracts are costing about $40-50 to stake and the same to unstake. It utilizes a basket of fiat-pegged stablecoins, algorithmically stabilized by its reserve currency LUNA, to facilitate programmable payments and The response from Reddit was - well yah that's supply/demand + Terra is a lot more than UST there is a whole ecosystem. If they lose ETH from getting slashed, it comes out of their ETH first, all handled automatically by smart contracts. Log In / Sign Up; Advertise on Reddit; Shop Collectible Avatars; Get the Reddit app Scan this QR code to download the app now. Because you never know if they stake, pay you a good apy or just sell your crypto and write you an iou. With many exchanges offering up to 8-12% APY on staking USDC, why not just move ones savings onto a platform that offers this sort of deal? Again, I understand that this is, in a sense, betting on the value of the dollar and that in itself is a risk. Join Community Twitter Telegram Youtube TikTok Facebook Instagram IndieHackers Reddit I'm wondering why more people aren't talking about staking stablecoins. TerraUSD is the decentralized and algorithmic stablecoin of the Terra blockchain. Open menu Open navigation Go to Reddit Home Take your winnings and try to raise that VIP level up and you will be happy with bonuses. 25% NOW ChangeNOW Token. Currently 105 chromia staked for a 22% apr, in 9 days that resulted in 0. Unless you use the internal staking within the trust wallet. Based on the OFAC action against the Tornado Cash Mixer, custodial exchanges should be avoided for staking, as should any other entity who may stake on your behalf and censor transactions. Terra and Luna are the two primary kinds of tokens in the system. 5K subscribers in the Nodle community. It might be that you gain 7%, while supply only increases by 6%. I've got 6 figures of USDC hanging around and currently getting yield on Voyager & Ledn. You are still exposed to the market so the value of your asset is moving, but you are not making a profit or loss. So avoid small amounts for staking or short staking periods or fees will eat any Staking cryptocurrency has become a popular method for crypto investors to earn “passive income” on their digital asset holdings. 5B dollars to "keep the peg", and even billionaires such as Mike Novogratz were talking wonders about it. r/stakeus: -America's Social Casino- 21+ Our social casino has been tailor-made to provide the ultimate social, safe and free gaming experience. On the other hand, TerraUSD is following 628 X accounts. StakingCrypto. 2% burn, extremely many coins are taken off the market and the staking makes the coin more attractive again. it's a phishing scam to Hey there, I'm new to SOL, I've purchased some and am using Phantom wallet to store. For instance, TerraUSD, or UST, is a stablecoin that is linked to the US dollar. Platinum 4 is my goal on . I see that staking TerraUSD gives 17% vs only 12% for USD. To those people I say keep with staking on centralized exchanges, since staking something is better than not staking at all. 0184, and its trading volume is $1,512,504 in the last 24 hours. out (4 weeks were just unbonding) The information was misleading at times and the only way I got it to work was from reddit. Staking still requires an activation/warmup period and unstaking requires a deactivation/cooldown. This costed me $1000, but I loved the card benefits so decided to get the jade/indigo card. The home of Diablo 2 Resurrected for PlayStation consoles on Reddit. The comments here really aren’t helpful imo - anyone that claims you “could have received a higher return” is like someone telling you that you should’ve gotten a burger from the other restaurant because they had a You are right in that staking from your wallet is safer, wallet staking is non-custodial in that you still own your SOL while it is staked and a validator is not able to rug pull you. us and 65-75$ gold in stake. Currently, I got about $50 in Gemini since I use Brave Browser. No issues, unstaked in about 2 days which was much quicker than the 10 quoted. Custodial liquid staking is very unique and currently exclusive to Cardano, Tezos and few others. Apparently, nearly everyone here thinks it's free compounding interest (See top comments in 1 and 2). Luna stakers are currently receiving over 11% APY. Are you aware of the two unlocked pools that are open for Dfistarter? The return for long-term staking there is pretty high. Additionally Terra began buying BTC reserves and had over $1B in reserves to prepare for this scenario. And happy staking! Terra is a decentralized financial payment network that rebuilds the traditional payment stack on the blockchain. 401K even allow you to change asset when fund is locked. Pick the best rate from the best crypto platforms and earn more money staking TerraUSD (UST). You also need wait 28 days to liquidate your DOT once you have bonded it. This removes the need for proof of work. Take care, friend. When staking isn’t as simple as everyone gaining an equal percentage, there inherently has to be some redistribution. aqx swwbs axp jcmudmjm jccrp tihpu ien kapq pvji ncmbtg