OK Loopers...
Crazy idea 🤪
Should we increase the fees on the LOOP pools and either burn the extra fees in LOOP or just distribute the higher fees to LOOP stakers and Liquidity Providers?
@SmartStake@stakesystems_io Thanks for detailed response. Comparing SmartStake and stake.systems - both have great uptime & oracle %, but they have much lower APR, and anecdotally seem to all but stopped receiving rewards (based on watching both validator reward pools).
The new lunc entering circulating supply is likely from staking rewards (there is 5-6 digit staking Apr). When luna was crashing and tfl or others were trying to control ust peg, they burnt at higher pace than permitted and as a result huge swap fees were collected
@SmartStake Maybe, but UST already lost most of its value by then. Also, seeing weird discrepancies in staking returns for different validators. Some seem to be getting a trickle when similar ones are unchanged, e.g. you vs @stakesystems_io. Not sure why.
@CoinGuy49@stakesystems_io I saw this too. Seems to be affecting every validator. It looks to me like Terra Classic is giving rewards at the rate of v2
Hi everyone 👋
Last night we distributed the overflow yield in the form of an airdrop to users of the nAsset vaults.
If you are eligible, you should be able to claim that airdrop now.
@WhiteWhaleTerra Woops, meant -$0.31. But, seriously, I'd like to see a 4 pool that is genuinely profitable. It seems hard to do when each swap cuts profit due to fees.
Astroport Psi-UST, nLuna-UST, and nETH-UST LP vaults are ready to be integrated with Spectrum Protocol! Stake your $SPEC and Vote at terra.spec.finance/gov/poll/35
@Demosthenes_UST@danku_r@loop_finance My problem with Loop is the harvest delays and timer reset when compounded. By design, auto-compounders like @ApolloDAO can't work with it. That gets really tedious after a while
When @danku_r posted a video about $bLUNA - $LUNA LP on Terraswap for 35% APR it blew my mind 🤯
Farming pool impervious to IL and exposed to $LUNA PA? Yes, please!
Now, @loop_finance has launched a bLUNA farm, and LOOK AT THAT APR 👀
👇👇👇
dex.loop.markets/farm2