A staking rewards pool has been created for Momentum. You will be able to stake XMMx (XMM/ETH Uniswap liquidity tokens) and earn XMM. This pool will be live for 3 months.
user this harvest is cozy AF, you earn DFT from your 100 DFT stake, Uniswap Liq rewards, and twice as much XMM thanks to the DFT partnership. And this will also help to stabilise the coin's price. What a monster idea from DFT, imagine when they have many partners and each person has to buy 100 DFT to get the 200% boost.
Can I stake XMM instead of the uniswap pool token? Have some eth ready and the pooling thing is scary to me
Ian Edwards
Anystake, maybe in a few days
Dominic Evans
Maybe they'll work on that in the future but for now it's XMMx and I've got a decent chunk in it right now. Feels cozy having it in there
Evan Foster
Nope just xmmx, you just stake 50/50 eth/xmm using uniswap, takes 2 minutes tops. This XMMX liq token can then be staked on DFT dash for 200% APR. If you also stake 100 DFT you can receive a further 200% boost ontop of that APR. If you are worried about losing money, you can get something called impermanent loss which is where the coin increases in value so you would receive less money if you withdrew, but this loss is only realized if you actually withdraw it, hence impermanent. But this impermanent loss should be more than covered with the rewards you get from that APR, and you help grow and stabilise the coin while it increases in value.
brainlet here, let me make sure i understand this correctly: i get rewards from uniswap for providing liquidity (eth/xmm -> xmmx uni-v2) i get free xmm for staking xmmx on defiat and i get free DFT and even more free XMM by staking 100 DFT?
Charles Green
Yeh it's pretty comfy isn't it, it was worth the wait!
Brody Gutierrez
This product seems decent. It's been audited. Probably worth dropping a couple hundred on to just wait and see.
Adam Phillips
Yes, also nice digits Dew it
Anthony Phillips
Not bad, I really had in mind this coin was going to fail maybe I was wrong
Lucas Scott
Yes. By staking 100 DFT you are entitled to 200% rewards. That is to say you receive a double APY(annual % yield) from the XMMx that you stake
Zachary Kelly
>biggest news since coingecko listing >total of 6 buys in the past 6 hours totaling about 4 ETH >2 sells totaling 3 ET
to the mooooooooooooon
Andrew Rivera
Look at liquidity before making a fool of yourself
Brandon Gomez
Make it 3 sells totaling 11 ETH
Isaiah Myers
Yup, it's increasing lots 1 guy pooled, then unpooled, then sold for a 2.132% burn.
Do it more please
Juan Powell
The team is small but theyve managed to deliver on every promise thus far. It's going to be worth keeping an eye on this one
Jose Davis
AAAAAAAAAAAAAAAAAAAA
Nicholas Johnson
Looks like one of the main admins has ghosted. Deleted account. Uh oh
Nathaniel Richardson
Weak fud, post some proof.
David Thomas
>1 guy pooled, then unpooled, then sold for a 2.132% burn. I don't know why any of that would matter when you can just say it was a top 25 wallet dumping their whole stack.
Nathaniel Watson
I don't think there are records anywhere of people leaving channels, they are just not in them anymore. A couple of the posts I think he made just say Deleted Account.
Evan Jones
A A and gumbort are the only admins, they are still here bro