LukGunter 🆙
240 posts

LukGunter 🆙
@0xLukGunter
27 | Crypto Class 2015 | @lukso_io.








What historical fact sounds fake but is true?



The website Is back. Why did we bring it down for some minutes? We just opened for 320K LYX, but because of an insane amount of depositors the oracles could not keep up with depositing LYX into the validators. This caused that instead of the 320K, 561K $LYX was deposited into Stakingverse within just 20-30 minutes 😅 Does this matter? All $LYX is fine, but since we only had room to stake 320K $LYX there is now 241K $LYX that remains unstaked in the contract. Normally we keep about 30K $LYX unstaked for direct withdrawal, now this is 241K and pressing the APY a bit. The APY in general is now lower because a lot of $LYX came in that is not generating rewards YET. But until users did withdraw from the 241K in the contract, this will slightly affect the APY too since it is accounted but is not generating rewards. Some withdrawals from the 241K will be appreciated, but to repeat all $LYX is safe and the website is back up! app.stakingverse.io

















