7% a week by pooling Chainlink in a Balancer Labs pool

Chainlink holders are lucky, they're part Statera's small index fund consisting of just 4 tokens, the STA dev considered Chainlink THAT important.

Fuck the fudders, I have an idea. Hey Chainlink friends want to make some money while you wait? Without any real risks unless ETH, BTC, SNX, Chainlink all dump to 0. There's a new staking-method website called Balancer Labs. We can use it to get BAL tokens.
Use the balancer pool to earn BAL. Statera currently has the most volatile pool because of a trading bot that trades 24/7 to create more consistent fees than any other token.
You gain 7%+ of your money a week every Tuesday in the form of BAL tokens airdropped to you, so if you're a heavy whale with 10k linkies you'll make 3150$ in BAL tokens a week. So that's 28% a month. Your main earnings depend mostly on BAL's price, but STA's pool being so volatile with a trading bot that never sleeps also helps immensely.


Guide

Pool address
noproxy.pools.balancer.exchange/#/pool/0x0e511Aa1a137AaD267dfe3a6bFCa0b856C1a3682

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Other urls found in this thread:

coingecko.com/en/coins/balancer
docs.balancer.finance/protocol/security/audits
twitter.com/PredictionsExch/status/1275899577368039426
medium.com/@stateraproject/providing-liquidity-for-sta-with-one-token-on-balancer-lp-53356297a1ea
twitter.com/SFWRedditGifs

bumps

DR;NS

wow yes i will give you my chainlinks sir no problemo

>not using STONK

>NGMI

The only catch is that BAL has to remain valuable. It seems to be holding up well. So if you don't do this, I guess you're either a paranoid retard, or you hate money.
BAL price: coingecko.com/en/coins/balancer

As a Statera long, by you supporting the liquidity pool OP spoke about, you help the price of STA in the long term.

No gimmicks here.

lol why are you using marketing language when shilling this shit on here you absolute moron

yea im good. linkes stays in cold storage

because a guy named jonathan dumped 100k into the pool and made 14k in just two weeks, that is why he is shilling it.

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What prevents my LINKs from being stolen?

its an audited smartcontract, the only person who can withdraw your deposit into the pool is whoever holds that share of bpt that you mint(you mint bpt when you add liquidity to the pool), so unless you sell your token representing your share only you can withdraw it.

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Would be kinda stupid to not do this :D

Do you have a link to the audit? I googled and didn't find one. Thanks fren.

Even pajeets cannot escape sergers girth lol

docs.balancer.finance/protocol/security/audits
checked
here you go

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Obvious pyramid

What can you do with BAL?

it is a governance token for the balancer protocol, which means if you want to be one of the people who can influence the protocol you need to own their tokens to vote, last time i checked yesterday they were going for 16 dollars each.

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Thanks toastertoad.

So how do I add just my linkies? I tried adding to a pool the other day but it also made me add everything else in the pool. I said fuck that cause I'm not selling my linkies to hold any other dumb shit.

Balancer team is working to implement a one-click pool method so you can pool with just your LINK.
right now the process is convoluted - so I would just wait for that.

the devs should be adding a one button add liquidity thingy soon but when you deposit into the pool you will be owning the assets 20/20/20/20/20 of btc eth link snx and sta effectively but i think you can withdraw with only one token, so if you think link is gonna crab this is probably the best staking mechanism right now.

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>Taking my linkies out of cold storage
HAHAHHA NO.

I'm a computer engineer who works on supercomputers, I can handle complicated, I just didn't see an option for that. Do you have the details somewhere?

Also please be careful LINK/BAL frens, someone is currently abusing Balancer with bullshit tokens.
twitter.com/PredictionsExch/status/1275899577368039426

The whole point is that it disperses it into 5 tokens each worth 20% of your stack so if one dumps you don't lose much. The ability to pool just one token and keep it as 1 token should be coming either this Friday or next week.

Balancer team already curbed that

As for pooling right now:
medium.com/@stateraproject/providing-liquidity-for-sta-with-one-token-on-balancer-lp-53356297a1ea

just select the contract for link instead of Statera in step 1 and follow the guide.
As always, use a small amount first.

Or if one pumps you don't make as much...
Glad to hear a single token only option is coming, I don't want to own anything else, I've been link only since ICO and not about to change that.

Bump for any other Linkholder to see.

...

stop bumping your own thread.

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But

Pretty sure if you add only 1 token the balancer will still sell the excess and spread it out over all 5 tokens for you. Either way, you receive BPT in return, which is your share of these 5 assets. This isn't equal to you holding only your link. It's a deflationary index fund. If you want to hold only link, don't use it.