🥩〕staking

[ruby wing]

lots of strong words bein thrown around here

[median canyon]

I too like 1.5. Good number.

[exotic igloo]

He didnt sleep and chose violence

[opal elm]

I haven't seen the light in days, apologies 😆

[ruby wing]

Im just playin haha

[modern night]

Hey guys just a quick question,
If I stake now with my ILV's and lock it for 12 months, what If I accumulate another ILVs like by next week,
Can I add it to the locked ILVs in staking?

[ruby wing]

you are a soldier

[exotic igloo]

Go have a drink

Your work is done

[ruby wing]

^^^

doing gods work

[gloomy gazelle]

you can still stake but it'll be on a different timeline

[median canyon]

Yes. When you stake the next lot, you'll have to also vest the first lot of rewards.

[exotic igloo]

It will be a different vest yea

Look at us eh

[gloomy gazelle]

interesting

[exotic igloo]

Too helpful

Yea you gotta claim rewards to add more to your staking

[manic spindle]

My newest F5 victim 😄

[ruby wing]

Lol

[gloomy gazelle]

https://tenor.com/view/smash-gif-13700757

[modern night]

Will it mean like the 2nd batch of ILVs will accumulate smaller if it will not be added to the 1st batch of ILVs staked?
Can't understand it fully rn, first time to do staking.

[ruby wing]

murder

[exotic igloo]

It all pools together (the rewards)

[median canyon]

https://medium.com/illuvium/28-everything-you-need-to-know-about-staking-ilv-6669594b2fac

[exotic igloo]

The only thing that it changes is that both batches will unlock at different time

[wet timber]

Done it !

[modern night]

Ah I see,
But it will have different GAS fees per vesting right?

[sharp onyx]

Should the balance shift across if I've done this correctly? or will it only move after the 8hour timer is up?

[exotic igloo]

No

[wet timber]

So the rewards are locked for a year after the 180 day lockup ?

[exotic igloo]

All rewards pool together

So you claim all of them in one transaction

Not one transaction per batch you lock

[opal elm]

Yes

[gloomy gazelle]

yeah once it's staked you see it on the left

[modern night]

Alright thank you!

[gloomy gazelle]

https://tenor.com/view/pikachu-nodding-same-gif-20608374

[sharp onyx]

hhmm, strange. I have an approved etherscan confirmation but nothing has changed on the dashboard

[eager rover]

Time to tweet the APY

[median canyon]

All rewards from the same pool.

[exotic igloo]

Unleash it

[exotic igloo]

Well yes sorry

Have to be precise

[gloomy gazelle]

check top right there may be a spiral... processing

[median canyon]

Ironically a bug we have is with precision

[wet timber]

What happens to any ILV i buy now ? Does it automatically get staked too

[exotic igloo]

Ikr

[glad sleet]

I...uh...did it. all of it. full weight. 😮‍💨

[exotic igloo]

No.

[modern night]

How much ETH should you reserve to complete your transactions for staking?

[zinc sluice]

https://tenor.com/view/good-good-evil-smile-evil-grin-gif-12457086

[misty karma]

I usually keep $50-60 but that’s a habit from when gas was insane

[zinc sluice]

cost me 15 usd

[sharp onyx]

for those playing at home, I figured it out.. Thanks Team

[median canyon]

5 - 500 dollars depending on if gas is good or insane

[modern night]

Alright I'll try around 30$,
50-60$ already 1 ILV.

[median canyon]

Right now should be about 10 ish

[ionic sigil]

Yes I paid 10 when gas was 20 gwei

[strong wharf]

indeed

[ionic sigil]

+2.5$ to approve contract

[queen panther]

Is there a reason the staking weight says 75 and 19 respectively? Will it go to 80/20 when staking starts?

[exotic igloo]

Cause of the flash pool

[modern night]

the heck,
Twice failed for swapping ETH to ILV

[exotic igloo]

LP getting rekt by SNX

[exotic igloo]

Enough slippage? Enough gas?

[queen panther]

ohh the flash pool ic

[modern night]

I used 7$ first and then 9$ next. both failed

[eager rover]

are you using MM ?

[median canyon]

https://tenor.com/view/dragonball-vegeta-over9000-gif-3527622

[modern night]

yeah, Did it work fine for you?

[queen panther]

https://tenor.com/view/goku-power-up-db-gif-11211679

[eager rover]

so the tx failed or just pending ?

you might be getting an error for using "max"

[modern night]

Fail with error 'UniswapV2Router: INSUFFICIENT_OUTPUT_AMOUNT'

Thats what it shows on etherscan

twice happened

[gloomy gazelle]

uni... sushi man use sushi right? or is that not the problem

[gloomy gazelle]

could it be slippage?

[modern night]

I am using sushi,
I tried for the 3rd time now with 11$ for fast transaction.

[modern night]

I don't really know as well.

[edgy sorrel]

Single asset staking can be unstaked at any timeright? Only rewards are locked?

[modern night]

Now it worked, I lost 2 ILVs there. 😦

[gloomy gazelle]

oof

[modern night]

The price suddenly spiked just while waiting for the transaction to finish.

Did you guys start locking up for 12 months now? 🙂

[eager rover]

yeah looked like some whale market smashed buy

price went up

[gloomy gazelle]

yup but only on the single asset.

[modern night]

yeah me too, just going for ILV pool.

[verbal heron]

🥩🥩

[ruby wing]

Beast

Lets get it

[final steppe]

Your tokens can be unstaked if you are staking through the "Flexible" option.
If you lock your tokens, you will not be able to unstake until the your lock period has completed.

[dusky rock]

so i have little problem i locked some for 12 months and then i wanted to add some for flexible stake

this is what im getting now ( i tryed like 10 mins ago and it was same )

[primal dagger]

dashboard price is wrong for SLP

[tacit cedar]

That might be the precision bug. Try adjusting the last digit down by 1 and see if it fixes it?

I was getting that on my phone, then went on my pc and adjusted down by 1 and it worked ok

[round elk]

Are the flash pools locked for the duration of the staking period?

e.g. once you're in you're in

[dusky rock]

Thanks, ye it was that

[outer plinth]

Use Mistx.io

[dusky rock]

i used max before but when i just putted a bit less with round number it worked no problem

[wet timber]

Rewards will be shown on the rewards section ?

For staked ilv

[gloomy gazelle]

yeah there's a known precision issue

[eager rover]

who else is gonna b in VC when the countdown hits zero ?

@exotic igloo

[round elk]

@gloomy gazelleDo you know if the staking for the flash pools is locked? I don't see a unstake/withdraw function after staking

[gloomy gazelle]

I don't

[gloomy gazelle]

ah actually check vesting...

[eager rover]

It should not be locked

[opal elm]

We're fixing this now

[gloomy gazelle]

yeah vesting is where you'll find unstake...

[opal elm]

There is only the flexible option when staking in the Flash Pools. The reason is their duration is only 14 days or less.

[round elk]

Ah ok, thanks!

this makes sense now

[gloomy gazelle]

https://tenor.com/view/the-simpsons-mr-burns-evil-laugh-evil-laugh-gif-4076853

[tame kestrel]

there's still a 12h buffer before rewards start flowing in, right?

I'm hoping gas will come down a bit

[glad sleet]

7 hrs rn.

[tame kestrel]

oh, okay

I'll stake before going to sleep then

[glad sleet]

countdown on the staking page 🙂

[exotic igloo]

How much time is that

[exotic igloo]

Rewards are locked 12 months still tho

[eager rover]

7hours 30min

[naive holly]

there is something I don't understand about claiming rewards from the pool and the vesting period. do I need to claim rewards from the pool in order for the vesting period to start? if not, what happens to the unclaimed rewards? are they staked in the pool? thanks for clarification

[exotic igloo]

Mmmmm

[tame kestrel]

cool, I didn't notice that
Thanks

[exotic igloo]

Probably not

[exotic igloo]

Midnight for me

[exotic igloo]

You need to claim to start the vesting yes

[round elk]

That is fine

[exotic igloo]

Unclaimed rewards just pool there forever doing nothing

[round elk]

One thing I cannot tell is if flash pools emit sILV or ILV

I think ilv

[ruby wing]

But Vested rewards compound at 2X weight

[exotic igloo]

You can choose

[round elk]

based on the details page

[ruby wing]

Right ?

[exotic igloo]

Yes

[round elk]

How? Sorry if these questions are dumb. Read the medium but it wasn't clear to me

[exotic igloo]

When claiming them

[gloomy gazelle]

you do need to vest (claim) them in order for them to be added to the ILV pool and have to 12 month lock start.

[exotic igloo]

You choose how you want you rewards

[ruby wing]

https://tenor.com/view/hallelujah-hallelujer-coffee-gif-4119780

[round elk]

Ah, awesome. Thanks for this, this was helpful

I assume you'd want to just claim them as sILV so then they are staked as earning yield as well

if I am understanding all this correctly

[exotic igloo]

ILV

[naive holly]

thanks. this is the missing link. or at least the piece I didn't manage to research explicitly.

[glad sleet]

what dis??

[exotic igloo]

sILV is to use in game

[round elk]

Ok I am a dummy

thanks again lol

[exotic igloo]

The block clock

[naive holly]

thank you. does this mean: when rewards are claimed in the 'rewards tab', the become added to the 'vested tab' and during this locked time generate rewards? 🤔

[unique sail]

my transaction went through, but nothing was stacking(((

[gloomy gazelle]

I believe that is correct... though I've not seen it yet

[glad sleet]

I guess my question should have been...where dis?

[naive holly]

so let's be curious and see what happens 🙂 thanks

[gloomy gazelle]

we will have to wait a little longer to get the rewards... https://etherscan.io/block/countdown/12739260

[gloomy gazelle]

or do you mean its not showing up on your dashboard?

[unique sail]

then I press to stake and an error flies out, I removed extra numbers due to rounding, but everything early does not help.

[exotic igloo]

Click on the countdown i think

[modern night]

Guys how long should one wait for the transaction to go through?
I'm already waiting for 22 mins now.

[gloomy gazelle]

well gas is pumping right now...

[unique sail]

@gloomy gazellecan i PM you?

[gloomy gazelle]

not sure what the error is...

ok

[eager rover]

depends on the transaction and gas. if you tried to get a transaction through with 30 gas you have to wait for it to go back down

if you tried swapping the tx will probably fail by then

[modern night]

The gas suddenly spiked up, I executed the transaction around 9$.
Will it just be finished if the GAS goes back to 9$ again?

[gloomy gazelle]

That's been my experience with other contracts... but not sure

[eager rover]

what transaction was it

[modern night]

Staking my ILV to lock for 12 months.

[strong wharf]

just set your gwei high enough... Check www.gasnow.org and pick high and a bit higher

[eager rover]

Yeah it should go through once gas calms down

[strong wharf]

waiting for a tx to come through is one of the most irritating things

[eager rover]

not sure why gas is up tho

[exotic igloo]

@modern night dm me the txid

Ill look it up for you

[modern night]

DMed you already. 🙂

[valid musk]

gas if freakin crazy right now.. whaaat

[modern night]

I was wondering what if the GAS takes too long to calm down and the count down was already done while the tx still not finished to go through.

[eager rover]

Now adays it should take maybe an hour or 2

your tx is not time dependent

[cobalt ridge]

Okay finally got home.

LFG !!!!!

[silver oasis]

https://tenor.com/view/mama-coming-home-ozzy-osbourne-singer-come-home-gif-5666128

[exotic igloo]

Looking for group?

[silver oasis]

Let's Fucking Go?

[eager rover]

https://app.sushi.com/add/ETH/0x767FE9EDC9E0dF98E07454847909b5E959D7ca0E

[exotic igloo]

Lol

Looking for gainz

[cobalt ridge]

This

[cobalt ridge]

😂

[silver oasis]

don't tell me you didn't know that lol

[exotic igloo]

Didnt

Im french

[cobalt ridge]

Not looking anymore, I think we all found 😁

[glad sleet]

was always "looking for group" for me. lol. silly MMOs.

[exotic igloo]

Same

[silver oasis]

still is ..in the game world

different in crypto tho

[glad sleet]

but this...is both. 🤯

[pallid cape]

So even if transaction on etherscan shown as success, do you still have a display issue on your dashboard on staking balance (mine shows 0) ?

[final steppe]

Glad to know I wasn't the only one who didn't know about the LFG (Crypto Edition)

[final steppe]

Hmmm... so then perhaps: Looking For GO(chain)? 😜

[final steppe]

Hmm, I wasn't aware of a display issue like that. Although I haven't staked yet.

For those who have staked, are you seeing your staked balance on the dashboard?

[unique sail]

How long will the pool for SNX holders last?

[silver oasis]

14 days with 5k ILV being distributed over that time

[unique sail]

thx

[glad sleet]

ick. worst chain ever.

[glossy bridge]

hey how long max ?

[glad sleet]

was only a few seconds for me, but that was like an hour ago.

[glossy bridge]

ok thx

[eager rover]

https://etherscan.io/tx/0xfc75415bcab161cec6a251d587ceabc42c70624a2c4fdec6c4d15721f470cf12

https://tenor.com/view/drink-water-drinking-fish-thirsty-whaleshark-gif-17289007

[pallid cape]

and your staking balance on your dashboard is up to date?

[eager rover]

5.5 million stake

[ruby wing]

God damn

too much hype

LOL

[eager rover]

bye bye 5000% APY

[glad sleet]

yes ser

[ruby wing]

Haha

[silver oasis]

sheeeeeettttt....luggis in for the s'taking

[glad sleet]

good, stay away from my single staking APY 😂

[eager rover]

He is gonna be there in a week lol

[silver oasis]

Cha will join in soon also lol

[glossy bridge]

??? u have same

[exotic igloo]

Wtf..

Apy.. 1%

[silver oasis]

is it just me or the freaking whale get's the bird also 🤣

[ruby wing]

Bruh who

That is insane

[silver oasis]

that's luggis

biggest ILV whale haha

atm anyway

[ruby wing]

Oh god damn

Never looked at his address haah

[eager rover]

what happens when you google luggis.eth

who is at the top page

[eager rover]

if he hits the time lock

its GG LOL

[ruby wing]

Lol

Whale eating up yield

[exotic igloo]

Who

[exotic igloo]

Did he

[silver oasis]

looooooollll

[silver oasis]

go do it and see 🤣

[exotic igloo]

Treason

[eager rover]

LOL

[eager rover]

I am watching it

[silver oasis]

tbh i doubt he will lock 5 mil

but if he does...

[eager rover]

We are top 20 on the sushi Liquidity page

i think we can reach top 10

[exotic igloo]

Sick

[exotic igloo]

Dont tempt it

[ruby wing]

^^

@exotic igloo you are my hero

[eager rover]

dont tempt him

its probably ben

[ivory sparrow]

Hey guys! Can I stake 1 hour after staking goes active? Or deu I have to wait 1 week until next epoke?

[eager rover]

for XYZ?

[ivory sparrow]

No ILV pool 🙂

[eager rover]

You can stake whenver you want

[silver oasis]

no epochs..free for all whenever

[ivory sparrow]

Cool cool, think I will wait and see % for both pools tomorrow then. Also gas is high for me right now sincve I also have to unstake/claim rewards from xyz 🙂

Ah okay, so vesting is per week, but no epokes?

[exotic igloo]

ETH/ILV is double the gas transactions to claim

Not per week

Per blocks

No epocs

[trim urchin]

Depends on google regional settings 😄 I was wondering for a while who the hack is Prof. Dr. Pier Luigi Luisi when I realized I might have to tweak something...

[eager rover]

you want some real copium

luggis is trying to absorb all the farm just so he can reduce total ILV supply

all his rewards will be converted to sILV

Ok ima stop now

[exotic igloo]

Lol right

[eager rover]

[exotic igloo]

https://tenor.com/view/harry-harrypotter-wish-youwish-potter-gif-6126842

I'm not claiming sILV

[eager rover]

I might have 2

If im gonna become the Taipan warlord

[silver oasis]

go for itttttttt

[proper pilot]

how long until staking emission start?

[gloomy gazelle]

The countdown is there.

[frank cairn]

can you stake 2 separate amounts? like one 12 months and the other one 6 months?

[gloomy gazelle]

Yes. Two different transactions though.

[frank cairn]

okay, thanks!

[cobalt ridge]

Staking is the new #💬〕general ? 🤔

[frank cairn]

One more question regards staking. When you want to unlock your rewards let’s say two months in the locked period ( not your initial investment) do you have to wait twelve more months because it’s says that there is a 12 month period.

[cobalt ridge]

Once you claim your rewards, they are locked for 12 months.
This means, If you claim week 1 rewards, You can only withdraw them on week 53

[frank cairn]

Ty then it is clear for me

[exotic igloo]

You cannot unlock locked rewards and initial capital

[brisk surge]

I put ... how should I count the APY, from what / what value?

[exotic igloo]

Apy gonna move over time

[frank cairn]

The tokens that have to be vested for 12 months can in the meantime be used for staking right?

[exotic igloo]

With people entering and leaving

[exotic igloo]

They do it yes when you claim them

[glossy bridge]

40 minutes with fast GWEI its normal ?

[mint cave]

the value of 1 LP token = total value of liquidity pool / circulating supply of LP tokens

[gloomy gazelle]

The gas levels have been going wild today. So it could happen.

[exotic igloo]

Whats your gwei

[mint cave]

which you can find the total value of the pool here: https://analytics.sushi.com/pairs/0x6a091a3406e0073c3cd6340122143009adac0eda

and the circulating supply of LP tokens here:
https://etherscan.io/token/0x6a091a3406e0073c3cd6340122143009adac0eda

the APY value, as well as the pool value and circulating supply will all be in constant flux so uh...woo!

[glossy bridge]

0.001804 ETH (4$)

[exotic igloo]

In gwei value

20?

15?

4$ must be like 7

Or 10

So its too low

You can wait or speed it up

Check eth gas station for current gas

[glossy bridge]

ok thx

[exotic igloo]

Or send txid in dm and i'll tell you

[glossy bridge]

28

is the standar

[gloomy gazelle]

Hmm it doesn’t add up. My transaction went through at 18 gwei and had USD value was like $9ish.

Was the maximum altered or something? I don’t know.

[glossy bridge]

@exotic igloo it did not work on brave but on chrome in 10s it was good,

thx for u help 😃

[frank cairn]

I spend a total of 18 dollar fees

Locked it for 12 months 🥳

[exotic igloo]

Ok good to know!

[gloomy gazelle]

Congratulations!!!

[brisk surge]

seems like the $ value is showing correctly for LP tokens now

[novel pollen]

How often do we get rewards

[mint cave]

every block

[novel pollen]

How often is a block

[mint cave]

~15 seconds

[brisk surge]

Oh baby is this real life?

[gloomy gazelle]

yeah it is man enjoy

[coral umbra]

I had a bad dream. I cant sleep back. Saw announcement. Im glad i woke up 3 hrs before the emmission. Gas is cooperating. Done staking. Everything is so smooth. First time doing staking so smooth. ILV staking page is so smooth for the beginners like me. So smooth baby so smooth.

[ruby wing]

Geeez

Im going in now

[nocturne tendon]

@sharp onyx did u have to do something to fix that?

[glass urchin]

Locked for 12 months 🙌🙌🙌

[coral umbra]

ser question. I did the sushi LP and locked for 52 weeks. after 52 weeks do i have to restake in again?

[sonic wolf]

nope

and great thing is your rate of 2x is locked

even after expiration

[gloomy gazelle]

Welcome to the party friend...

[gloomy gazelle]

you need help?

[coral umbra]

#🥩〕staking message

[gloomy gazelle]

no you'll be set

syntha had your answer

[ruby wing]

Question regarding LP

if I go to provide liquidity now

[coral umbra]

😅 my bad didnt read

[ruby wing]

and want to put 20 ILV I would also put 0.626 ETH approximately

[coral umbra]

thank you ser

[gloomy gazelle]

yeah something like that... sushi will run the numbers for you

[gloomy gazelle]

reads like 0.628916 at the moment

[ruby wing]

What would happen if ILV spikes?

Would I need more ETH

[gloomy gazelle]

I may be looking into it myself

[nocturne tendon]

@gloomy gazelle not yet. I'll let u know in about an hour or so lol

[ruby wing]

Even if I lock now? or no

basically my concern is that I wont have enough ETH if ILV shoots up a bunch

[gloomy gazelle]

wait... once its locked you don't need to add ETH. you just will suffer IL

[ruby wing]

Ok ok

So even before Emissions start

you will suffer IL

[gloomy gazelle]

oh yeah

[exotic igloo]

Once you have the slp tokens you are done

Yea.

[ruby wing]

Ok it all makes sense now

[exotic igloo]

Please people be aware of the risks and DYOR

[ruby wing]

Yes I know

I am Staking 80 and LP 20

being conservative

@exotic igloo do u think that makes sense relative to gas fees? or nah

[gloomy gazelle]

it's all about how often you claim those rewards

[exotic igloo]

Keep in mind you will claim pool seperatly

So double the gas transactions

[ruby wing]

ya

and they only vest from when I claim

[exotic igloo]

Yea

[ruby wing]

Ok mint

[raw jolt]

While clicking on either Core or Flash Pools tab, no staking pools are showing up. How can I fix?

[brisk surge]

It's done. 52 weeks for the majority, flexible for the rest

[mint cave]

make sure you are on mainnet with your wallet

re-connect, select mainnet

[brisk surge]

I was so tempted to just lock it all for 52 weeks....hnnng

Yes, but then I would be penniless

[raw jolt]

Re-connecting wallet solved, thank you

[coral umbra]

https://tenor.com/view/steak-wow-tom-and-jerry-open-dog-cat-gif-17026520

[brisk surge]

Alrighty. What's y'all's vesting strategies?

[gloomy gazelle]

So I staked an SLP token. I feel like now I’ve got the full experience.

[brisk surge]

Excellent

[gloomy gazelle]

Wait a very long time.

[brisk surge]

I'm thinking I vest frequently and slow down over time

[gloomy gazelle]

Lol yeah that’s more like it

[brisk surge]

There will be much more rewards to start. Lame part for me is I have to vest all three

[gloomy gazelle]

3? Only two right

[brisk surge]

Well the flexible pool

Not locked , looks like my only option is withdraw

The others have vesting

So I'd have to withdraw and then add back in

Unless they add an option that seems my only way to compound

For the flexible pool

That sounds about right. Gotta prepare for those gas fees now

I'll miss being able to claim and sell sushi

Yup I want that ILV

Just need to work blockchain income into the equation again

Whether it's through fiat or other routes

[exotic igloo]

Flexible and locked Pool are the same

Rewards for ILV flexible and ILV locked are at the same place.

[brisk surge]

Ohhh I need to give another look @exotic igloo

I didn't see any claim option

But if it vests for a year in both then that's great

[exotic igloo]

Hum?

It vest in the ILV pool.

Weight of token 2.0

Locked 12 months.

[brisk surge]

Flexible pool isn't locked though I thought

I can withdraw from the vesting menu

[exotic igloo]

Yes

But not your rewards

Those are still locked 12 months

[brisk surge]

Yup yup. It's all coming together

[ruby wing]

Question for anyone

When I approve transaction

what is the allow the website to spend ILV?

It says permission: "
Permission
Edit
Https://staking.illuvium.io may access and spend up to this max amount
Amount:
1.157920892373162e+59 ILV"

[void marsh]

3m ilv given over 3 years but it also says 100% of in game fees distribution. Is that in addition?

[exotic igloo]

Basicely let the contract use your whole balance

Its normal

[ruby wing]

ok just confirming

thanks Rah

god bless your soul

Im nervous lol

[exotic igloo]

🤣

Gonna go do it

[ruby wing]

getting more ETH to LP, I need a touch more because it shot up haha

[cobalt ridge]

Staked. LFG !

[exotic igloo]

Gas is meh

[ruby wing]

gas is fine

[exotic igloo]

Looking for gainz

[ruby wing]

Getting my roomate to send me rent in ETH

LMAO

Genius idea

[void marsh]

Tough decision or ilv eth

12 months? That's a long time

[exotic igloo]

Lol noice

[coral jackal]

Fully steaked. 12 months to glory. LFG!

Hopefully with all this liquidity, traders can arbitrage the shit out of this pool and make it rain fees upon us all

[ruby wing]

Staking done

gonna LP in 30 mins

Trying to avoid a big spike lol

[coral umbra]

Impermannet loss incoming

embrace yourselves

[gloomy gazelle]

https://tenor.com/view/turbulance-tom-hanks-jim-lovell-apollo13-bumpy-ride-gif-17242817

[coral umbra]

https://tenor.com/view/laugh-cant-hold-it-in-nicolas-cage-thinking-gif-5547928

[modern night]

hey guys is this the same way how it shows up to you?
As far as I know I locked my ILVs for 12 months where the weight should be 2.
Now it only shows 1, I'm not sure if I did something wrong before staking or the weight will add every month.

[eager rover]

did your tx succeed?

[misty karma]

I don't see an unlock date, did you slide over the lock to max?

or maybe I'm dumb

I haven't checked that page I just assumed

i'm too busy F5ing the rewards page

[modern night]

I did slide it to max. Since I redo my staking a few times can't remember if I put 52 weeks on the last one I did.

[misty karma]

ahh I see the withdraw button is highlgihted, I believe if you properly locked it should be disabled

hold please I'll check myother pc 😄

I think... I couldn't find that page lol sorry started drinking already

well, it's 830 pm for me...

[exotic igloo]

You deposited in the flexible one it looks like @modern night

Withdraw it and stake again in locked

[sonic wolf]

you only approved

[exotic igloo]

They are pending

[modern night]

Alright I'll try this one

[sonic wolf]

need to run another transaction to stake

[exotic igloo]

Run a new one with fast gas

Gonna cancel the old ones

[sonic wolf]

or speed up iin MM

same shit

[modern night]

If I redo it what is there a reward that I would lose?

[exotic igloo]

No

[modern night]

even the countdown is done?

[exotic igloo]

It is block by block

So you wont lose anything

But are they in your wallet or on the website?

[modern night]

you mean my ILV?
it's already on the website for staking.

[exotic igloo]

Ok

Withdraw them

Then once they are in your wallet select the locking pool

Slide the slider to 52 weeks and then stake. (If you want 52 weeks)

[modern night]

How does it look like to you?
The withdraw button should not appear if you lock in 52 weeks?

[modern night]

I see, thank you!

[exotic igloo]

Let me know if you need help you can call me and share your screen

[modern night]

I followed the instruction on the Illuviums website,
I think I forgot to slide it to 52 weeks when I redo my staking.
I'm just adding funds again, I'll add a bit more ILVs now to include in for stake. 🙂

[modern night]

yeah sure, thanks you!

[exotic igloo]

Good

[median canyon]

It depends on what you mean by 'in addition'.

There are 4m tokens to disperse. 3m through liquidity mining. 1m through in game rewards.

In addition to that when people spend ETH in the game it gets stored in the Vault. periodically the Vault will buy ILV off the market using that ETH. Then people who have staked can claim their portion of that.

[void marsh]

Ah fabulous. Thanks. Is the game still on track?

[gloomy gazelle]

!timeline track?

[woven ibex]

-Numerous partnerships with YouTube influencers in June / July
-Anticipated Yield Farming start date is near the end of June
-Gameplay trailer coming soon
-Mystery Auction shortly after that
-Closed beta this summer
-Open Beta / launch in early Q4
-Tier 1 Centralized Exchange listings imminent, date unknown.

[gloomy gazelle]

!bliz track?

[woven ibex]

In 2020 Activision Blizzard's annual revenue was 8,000,000,000.00 USD. At the time of writing this, their Market Cap is 73 Billion With a small dividend yield of 0.50 percent. When a gamer holding ILV buys something in game, they know it goes back into buying more ILV VIA the vault. At the time of writing this ILV's Market Cap is only 45,000,000 USD. You can enjoy getting in before more whales migrate to our ocean.

[gloomy gazelle]

Probably not quite early Q4. Closer to December seems more reasonable

[ruby wing]

https://tenor.com/view/yell-shout-excited-happy-so-happy-gif-17583147

[median canyon]

Original goal for public beta was late Q3 but now we are thinking late Q4.

However we have added some upgrades to the game along the way. I can't promise you will like the game, but I can promise you can like it more than the one we were planning to make earlier in the project. Keen in mind that on launch not all Illuvials or regions will be available. However those that continue with the private beta will get access to new Iluvials before they get inserted into the game. And regions too.

[void marsh]

Yes assuming illuvium can get that player usage. Need lots of marketing and player acquisition

[void marsh]

How do we sign up for private beta?

[gloomy gazelle]

I pinged you something in #795444126421483520

[cerulean sierra]

Woohoo, almost gained 0.1 ilv haha

[ruby wing]

:))))

At 0.12 now

FIRED UP

[cerulean sierra]

I should have bought more a week ago. grrr

[exotic igloo]

Always more

[ruby wing]

Money printer go brrrr

[tacit cedar]

If you get 5 ILV in staking rewards and claim it, then get another 5 a week later and claim it... in one year and just over a week is it one transaction to unlock both, two to unlock them, or none and they unlock without any gas?

[exotic igloo]

They just unlock

They remain staked at 2.0

So until you withdraw them they continu to farm

[tacit cedar]

Amazing! Was trying to work out if you need to double count gas for claims but that's perfect. Thanks @exotic igloo

[proper pilot]

why does it says rewards are vested and shows available to claim

[exotic igloo]

You need to claim them to vest them

[proper pilot]

didnt understand

if I hit claim I get ILV which is not locked ?

[exotic igloo]

You get ILV that are locked in the single asset pool

If you dont claim them, they just sit there forever

Once you claim, their 12 months vesting begins

[proper pilot]

okay got it

thanks

even flash pool rewards are vested

[exotic igloo]

Yes

[strong wharf]

4 ILV farmed already

sweet

[ruby wing]

Tank

[silver oasis]

Damn whales😅

Just wait for @slender wasp ... he's gonna be like..meh..another 25 ilv in 3 h...

[exotic igloo]

Yes

[shrewd jewel]

awesome

[slender wasp]

hahahaha

[manic spindle]

So, the SNX Flash pool currently has an APY of 211% and the Single $ILV pool an APY of 353%. If we just assume for a second that the upcoming XYZ flash pool will have the same 211% and the ILV stays at 353%....wouldn't it then not make sense (if you're sitting on XYZ) to sell those for ILV and stake them on our site now? (Unless you want to hodl XYZ for different reasons ofc)

[brisk surge]

Hes gonna be at a lot more than 25 ILV ^^ Im at almost 37 and ive staked only a fraction of what Molten has

[strong wharf]

sithloarddd

[coral umbra]

how to become a whale

[gaunt mist]

OK I am going to get yelled at... I know and I am sorry but I need some math help on this. So I locked for 52 weeks getting a weight of 2x in the pool. How does that work? I just got heavy ILV or...

[brisk surge]

for every $1 you have in the pool, you will get rewards as if you were staking $2

[gaunt mist]

Yea but let's say I have 1 ILV at an APY of 350. Does that mean that with a weight of 1 I get 3.5ILV but with a weight of 2 I get 7?

[brisk surge]

only if noone else is locked in I believe. If everyone else is locked in for 12 months, youd still get 3.5... Your actual results will be somewhere between the 2 depending on how long others locked for afaik

[gaunt mist]

oh right, because if everyone has the same weight, everyone is at 1. So let's assume everybody stakes for 1 year, but then immediately pulls their ILV at the end of that year because ILV is thatn 10K so they rich. If I then keep my ILV staked, my rewards then go up according to how many people left the pool? (and of course how much is left? Can't stake forever I suppose)

[brisk surge]

correct, the reward "pie" is still the same size, your claim on it is a function of not just your weight, but everyone elses weight too.

better for your rewards if others dont lock, better for short term ILV price if they do lock I guess

[wet timber]

Win win

[silk fog]

for how long you locking it up guys

[coral umbra]

4 evah

[gaunt mist]

I think for longterm it is good that we lock as long as possible. It shows the amount of trust of both early investors and people that perhaps rolled in after BLBP, but also the amount of trust we have in ILV whilst being in downtrend market

I locked for 52 weeks

that was just waht I accumulated up to now, and I will create two more additions and I am not sure if I will lock those for the same amount of time in the light of spreading any risks

[silver oasis]

is that LP? cause Molten is staked in single asset 😁

[brisk surge]

yeah im lp

[coral umbra]

question ser. If my 1st claim vesting ended and my second claim ended do they combine or i have to unstake them individually

[ivory sparrow]

The rewards from the ILV/ETH pool are vested into the ILV pool right? Wouldn't this mean I would only experience a impermanent loss on my initial locked amount in the ILV/ETH pool and that all the rewards (700% or however much it goes to) will be "safe" in the single pool? Sooo calculation: If ILV reaches a market cap of 2billion (48x) and eth lets say reaches 10k (5x) an impermantent loss of 40% would happen. But only a loss to my initial staked amount in the ILV/ETH pool?

[manic spindle]

Claimed rewards are vested in the $ILV only pool at a weight of 2.0 and thus not in risk of Impermanent Loss, correct.

[coral umbra]

can we have Claim All function in steaking page

[ivory sparrow]

My brain... This might really be one of the scenarios where aping is the solution. I like the APY of the ILV/ETH pool, but so many uncertaincies

[manic spindle]

Yep. I'm personally fully in the $ILV pool but with the current numbers I can see the ILV/ETH be quite tempting. Especially since the ILV pool will drop further just by the fact that vested rewards of both pools are staked in there.

[jolly aspen]

The QR code is invalid for my Coinbasewallet. Is it normal ?

[manic spindle]

Not sure from the top of my head but it should be in the tokenomics article I think

It won't necessarily be all the 3m though. Pretty sure some of them will be burned as sILV along the way

[pulsar patrol]

Can I utilise Trust Wallet for staking?

[coral umbra]

hello

[pulsar patrol]

Can I utilise Trust Wallet for staking? I do not want to use MetaMask

[ivory sparrow]

Any idea in the ILV rewards the first week when holding 50 ILV?

[manic spindle]

Impossible to say considering there is ongoing fluctuation and a late whale with a single drop could always massively affect the APY. I can give you as a reference that RIGHT NOW, with ~400 ILV 12 months locked (2.0 weight thereby) in the ILV only pool I'm getting roughly 0.2 $ILV per hour with the current ~330% APY.

[wet timber]

I have 41 ILV staked for 6 months and i have 0.12 ILV so far

Make that 0.13 ILV now

[ivory sparrow]

Thanks guys!

[silver oasis]

it's being discussed as @cunning perch raised that problem today in #💬〕general with Rahlord..hopefully it will be an easy implementation otherwise is gonna be a massive shitshow in gas tx's when we want to withdraw lol

[silver oasis]

u can roughly have that idea after the 1st day of staking ..take the rewards u get today and make them x7 , and probably take a bit off from that since the APY will slightly change by the end of the week , downwards

but if the London fork in July will bring even lower gas fees that would eventually stop being a problem ...except the nonsense of doing 351+ withdraws when all rewards unlock..giving that u actually want to withdraw them at some point

[manic spindle]

Shame on you! Hodl to the death 😄 Nah, I agree. If all of these are individual withdrawals it could get annoying depending on how often you claim your rewards etc.

[coral umbra]

thank you ser

[cunning perch]

Hope a good decision comes out of it.

[coral umbra]

https://tenor.com/view/the-simpsons-cheif-wiggum-oh-right-the-gas-cigar-stupid-gif-20374485

[brisk surge]

Somebody please help, I did connect my wallet but going to the pools are not displayed! I'm using Brave.

[hexed bough]

Are you defo on ETH mainn net?

[brisk surge]

Oh, that was it...I was on optimism...works now, thanks!

[silver oasis]

there hasn't been bigger diamond hands than me ..maybe just Rahlord..so i wasn't implying i was going to sell..but others will😁

[wet timber]

How often is best to claim rewards ?

[hexed bough]

no probs, we'll fix the error handling around this so it's clearer

[silver oasis]

there is no best time Elias..is just and invividual choice dependant on bag size, yf amount and gas cost i guess

u need to sort it out yourself..what would be profitable for you

[wet timber]

Ok thanks, makes sense

[manic spindle]

I didn't mean you were going to sell 😄 Also, nothing to say against a bit of profit here and there. I mean, if I find solutions for the tax issues in Germany and thus maybe not leave the country next year but consider building a house as initially planned, then I could see myself sell a few tokens as well if we actually reach absurd prices like $1.000+ 😄

[silver oasis]

i'm the same don't get me wrong ..AND I WILL SELL to buy myself a house if i get the chance lol ..we all would

but other than that..not rly

[wet timber]

It says over $30 million tvl is staked, is that actually true ? Thats almost the entire ilv market cap locked up already

[silver oasis]

crypto for me is still side job atm...haven't been into it for long so i still try to treat it like that..when i'll go full in it (at some point prob) then i'll have different strategies and views on the investments

[silver oasis]

yep it is ...it's been long anticipated and waited for

[manic spindle]

I'm in the same boat. Only in crypto for a month now but went all-in with everything I had to spare (while sitting on a super stable and well-paid job). Definitively planning on going full-time crypto/play2earn but we'll see how and how soon 🙂

[wet timber]

Stable ilv price then

😅

[mint cave]

ETH value is counted in that TVL

[wet timber]

Ah

[mint cave]

oh and it counts flash pool too

[silver oasis]

my plan is full time game in the 1st 6 months from release ..finger crossed .. and accumulate+hold on ILV, ETH-maybe some BTC- and whatever shitcoins that pump (i love my shitcoins...made some nice gains with all i've been in so far)

don't rly see myself day trading...i will learn about it in the close future but i don't have the patience for it anymore...i'm more of a dyor..find a good project ..ape in it and hold...rest of the time do what i love ..play the game(games)

[manic spindle]

I'm with you on that one. I could even see myself become good in day trading but I don't have an interest in that kind of labor. Not with the possibilities of play2earn and whatnot so close in front of us. I'll be focusing on 1-2 games, play the shit out of them while investing every cent of my salary, prior invests and play2earn into projects I'm already involved in until a different game project comes along that has strong fundamentals, fits my interests and looks like a good investment to jump in early 🙂

Goal is to have the option (might keep the job a year or two afterwards still for easy money) to go full-time crypto/gaming in 2023 😄

[jolly aspen]

@livid lark The QR code is invalid for my Coinbasewallet. Is it normal ?

[novel pollen]

So we will start to get sILV once game launches if we locked for 12 months ?

Or is this only on vested earning relocked

[strong wharf]

https://tenor.com/view/shaquille-o-neal-excited-shaking-gif-10121476

me looking at the rewards page every 5 min

[drifting shell]

I've already made 4ILV

I'm addicted

[strong wharf]

right, me too

[modern night]

https://tenor.com/view/whale-incoming-50shades-of-shark-brydes-whale-big-sea-creature-massive-whale-gif-18999315

[barren tusk]

Lmaooo, same position here. Drink some wine, look at my ILV rewards _

[median canyon]

@here You will notice that we have disabled claiming temporarily. This is due to a specific interaction that is not clear. We are working on a fix and will let you know soon.

[azure stratus]

🙌

[mint cave]

thank you!

[drifting shell]

haha, I wish

[barren tusk]

All good, we'll just let it ride!

[drifting shell]

Just stacking up ILV before it moons

[barren tusk]

Amen to that

[digital cargo]

How much ILV are you HODLing? 😁

[lament basin]

just staked my ILV

like the website, very clean looking

[drifting shell]

HODLing 0

Staking 100%

😉

Um, a sizeable portion (in my eyes)

I will above 100

i know absolute whales that have like 5k ILV

[digital cargo]

5k damn....

[manic spindle]

We have whales with a few k more than 5k in $ILV 😄

[slender wasp]

do we?

[manic spindle]

I saw at least one 7k and one 10k stack being retrieved from XYZ if I don't remember incorrectly

[drifting shell]

Yup, i saw someone unstake like 9k

in XYZ

[vale frost]

what's this XYZ?

[magic bluff]

I wonder who that 7 was :D:D;D

[drifting shell]

https://dao.universe.xyz/yield-farming/ilv

[manic spindle]

Rah? 😄

[slender wasp]

me2 😛

[manic spindle]

Or you? 😄

[mighty flare]

2k ILV or more = whales already i think lol

i only have 60, put 30 in normal stake put 30 in LP stake XD

[drifting shell]

found one with 12k

[vale frost]

all that are just trading transactions on exchanges right or that's already part of the staking?

[drifting shell]

Unstaking from XYZ farming

[mint cave]

who are the maniacs who are staking INTO XYZ today

[exotic igloo]

Lol

[mint cave]

maybe they don't know you get reduced rewards for staking late into the weekly epoch?

[drifting shell]

ILV or XYZ?

[mint cave]

xyz

[slender wasp]

time for btc and eth to start an uptrend again im getting bored of this bearish pa

[wet timber]

Fuck.

[slender wasp]

luggis is the biggest ilv whale

37k ilv

and he added that to sushi lp lol

[whole saffron]

Staked all of mine for 52weeks!

[vale frost]

Guys did my research in staking. so the purpose of staking is that when you have bigger volume, you become the priority to gas fee. cause 2022 there wont be mining anymore

[drifting shell]

My thesis was simpler

Money Printer goes Brrrrrr

[mint cave]

https://gfycat.com/practicalglamorousbaiji

[drifting shell]

lmao

I'm gonna steal that

[mint cave]

do it, it's why i make 'em

😄

[dry junco]

Lmaooo

[gloomy gazelle]

Mmm that sounds like ETH staking… ILV staking is not that. It’s this…

!yf

[woven ibex]

You can yield farm ILV in 2 main pools.

ILV/ETH at a 1:1 ratio USD values matched or ILV Only. 3 Million tokens will be distributed through yield farming over a 3 year period, with the first year being 1.8million tokens. Only unlocked tokens can yield farm which is less than 1 million tokens. Meaning, you get the maximum rewards possible. You can lock up your tokens for a maximum of 1 year which can increase your weight in the pool up to 2x. More details will be published before Yield Farming goes live near the end of May. Until then, here is more information: https://medium.com/illuvium/9-tokenomics-launchpad-and-reward-details-5894c3b356be If you don't know what Yield Farming is you can start researching here: https://www.youtube.com/watch?v=ClnnLI1SClA

[gloomy gazelle]

Hmm did anyone fulfill your meme request?

[mint cave]

oh shit i just saw his comment

[gloomy gazelle]

I just found the base gif you were referencing.

[mint cave]

ive got a good idea for it, need a nap first though 😄

[gloomy gazelle]

Dang it Jeff. Now I won’t have time to help

[mint cave]

LOL

[gloomy gazelle]

Oh wait good yes nap

https://tenor.com/view/monsters-inc-james-go-to-sleep-gif-6146952

[median canyon]

Ok so shortly the 4 of the 6 claim buttons will be back up. The ones that will stay disabled are the claim ILV on the LP pool, and claim ILV on the SNX pool.

I've got a solution which actually will save gas in some situations. The issue stems from the requirement of flushing the ILV pool rewards when staking, and because we are auto compounding your rewards, this has to be done.

The solution will be that these buttons will serve two functions. They will first compound your ILV pool rewards (as ILV, because that's the button you pressed), THEN they will compound your LP or Flash pool rewards into the ILV pool.

For whales you might get some sILV dust.

Sorry about the inconvenience everyone.

[topaz fossil]

Can we get an APR showing up as well? I'm assuming the APY shown includes compounding our rewards at some point?

[manic spindle]

200%+ in the XYZ DAO pool until I move those over to our Flash Pool for a while. 300%+ in the ILV staking pool. Man ... just let those numbers continue for a while. Life is great 😄

[brisk surge]

I am still in shock at my claim amounts after only this long

[raw walrus]

Its greaaaaat

[brisk surge]

Let's hope there's a great product and ecosystem in one year's time

Gosh I might vest every 12 hours at this rate

[ruby wing]

Debating it haha

[brisk surge]

I bet everything for 52 weeks - you only live once, no risk, no fun ... I suggest that tough guys who have bet for 52 weeks will finally receive the ILV bonus

[keen flint]

rewards don't expire right can let them build for a few weeks before claiming

[chilly hound]

Yes, you can left there as much as you want. And once claimed they have 12month vest period

[exotic igloo]

Until the universe dies

[cerulean sierra]

Don't say such things, this thing have to live for at least five more years

[ruby wing]

Might as well lock in for 10 years

HAHA

[cerulean sierra]

1 year is already a big gamble, everything looks great but only the end result counts

[ruby wing]

Ya exactly

Hoping for big things tho

[brisk surge]

How many unique stakers do we have? Would love to know

[manic spindle]

Considering the setup of the DAO and 100% rev share...all that counts now is a good game. If the team does pull that off then there is nothing anymore that can stop ILV from breaking records.

[exotic igloo]

Since the majority of people locked for 12 months instanly it shows how confident people are in the project and the team

[cerulean sierra]

Yup, did so too, but it's going to be 5-6 months of nerves until the game launches

[brisk surge]

Also because of the beautiful purple UI tbh

[ruby wing]

Go down for the long nap haha

Wake me up when September ends

[exotic igloo]

Cant nap. Have to claim every 12 hours

[gloomy gazelle]

https://tenor.com/view/wake-me-up-when-september-ends-gif-18645420

[ruby wing]

Lol fair stuff

[cerulean sierra]

Lol, would be awesome if I could come every 12 hours

[manic spindle]

Yeah, the waiting period is horrible. Especially if you're super hyped. I really don't know what it is with ILV for me personally but somehow the art style caught me off guard. I've seen so many incredible games in my life when it comes to graphics but there is something unique about ILVs art style. I cannot even explain what it is. Somehow it "speaks to me" and isn't just amazing visuals 🙂

[cerulean sierra]

Well I can, but yeah, not worth it at all

[ruby wing]

Im probs doing every 2 days unless gas is really low

[manic spindle]

Ok, that one I got the wrong way for sure .... 😄

[cerulean sierra]

Lol, sorry autocorrect

[crystal nacelle]

Should we be claiming every 12?

[brisk surge]

When I look at Illuvium I also hear voices

[crystal nacelle]

I was just going to let it ride

[brisk surge]

"buy more ilv" they say

[manic spindle]

You should claim whenever you deem the rewards worth the gas. Different for everyone

[gloomy gazelle]

I’ve seen it get down to 6 or below most days recently. (Set it and wait for it to process while sleeping?)

[cerulean sierra]

It does the compounds

[ruby wing]

Great idea

I will get my roomate to do it

he doesnt sleep

lol

[brisk surge]

Gotta vest to compound. Gas gas gas

[manic spindle]

Piled up rewards do nothing expect waiting for you to claim them. Claimed rewards as ILV get vested and are locked for twelve months while being staked in the ILV pool with a weight of 2.0 and thus contributing to your future yield farming. But as said, only you can decide when it is a good trade off to have them claimed vs. gas fees.

[cerulean sierra]

Ah, claiming does not cause gas?

[brisk surge]

It does

[manic spindle]

It does. It is a transaction. You can see the estimated cost when clicking claim and could cancel if too much for you

[lusty brook]

do you know how much time he has bet?

[brisk surge]

Can't claim SLP rewards though atm

[cerulean sierra]

Was thinking of just claiming sILV when the game starts. Although I might miss some 1000 of dollars by then

[brisk surge]

Yes that's some missed revenue

[crystal nacelle]

Ah can’t even claim anyways

[brisk surge]

All in SLP?

[turbid scroll]

ya they fixing something

it says

[crystal nacelle]

Yeah why go anything else

[brisk surge]

Impermanent loss, risk

[crystal nacelle]

There is worse risks out there

[cerulean sierra]

I will see when the game launches. I don't think I will have 100 ilv farmed be that time

[brisk surge]

I have 3 strategies at play. Will let you all know how it goes

[crystal nacelle]

Like doge

I’m ok with Ilv issue is all you fools dumping as you take out

[brisk surge]

Yes that will be an issue in one year if no strong buy pressure

[drifting shell]

I aim to claim every sunday

¯_(ツ)_/¯

Thats what i call passive income, bro

Look it up

😂

[crystal nacelle]

Yeah cuz you dump it I add to my hold

[brisk surge]

the sILV button appeared, does it make sense to receive this token? (we do not take into account the price of gas), does it have the same value as ILV, can this token be stacked

It'll be great to see if/when the price goes down who is buying and staking for a year. Tokens will constantly be removed from the market

[eager rover]

Would you rather have 1,000,000 ILV or 10 ILV a week? Me I want the 10 ILV a week. That’s the power of passive income

[crystal nacelle]

1mil ilv

[brisk surge]

Eventually someone will realize it's hard to get the token

[cerulean sierra]

it's for use in the game only

[crystal nacelle]

One day you will regret it when ilv is 1k+

While I laugh

[drifting shell]

no point claiming sILV before game is live

[cerulean sierra]

new plan for me, farm all 1m tokens in-game

[crystal nacelle]

The game is my passive income

[manic spindle]

Planning on having it as my passive AND active income 😄

[eager rover]

Dammit I have a competitor

I also recruited my cousin for this purpose

[tame kestrel]

did anyone calculate the optimal interval for claiming/vesting rewards?

[vale frost]

i'm gonna be the very best that no one ever was

https://tenor.com/view/best-friends-happy-excited-high-five-youre-the-best-gif-14638955

[tame kestrel]

https://replit.com/@Brian6969/aprCalc

can someone adjust this calc for ILV

it's made for calculating the optimal interval for CVX compounding

I have zero dev background

the code is public at that link

after inputting the initial deposit, APY and $30 as gas price for compounding it's telling me I should do it once a day

but it might be off since it's made for a different project

[misty karma]

I don't see where they reference the actual cost of CVX, CRX, cvcCRV so I don't think it takes cost into account just inevstment amount and apy

The calculation they use for compounding I believe is just a compounding interest formula but I'm too lazy to confirm

[gloomy gazelle]

Synthaman made these... could be helpful... I think I'm done posting them though. Lol

current numbers aren't these numbers but reasonably close

[slender wasp]

That pool size tho

Almost a 26m pool lol

[misty karma]

Is the bottom numbers in ILV? e.g. daily profit of 7 is 7 ILV

[eager rover]

I wonder if his spreadsheet includes the emissions reduction

[brisk surge]

I planned it out perfectly, my pools are churning out ILV at roughly the same rate

the single stake pool should churn out more over time as I claim though

[exotic igloo]

No

[exotic igloo]

Increase in ILV rewards

[misty karma]

sweet thanks. Excited to see my ILV only rewards increase in speed day after day as I claim 😄

[brisk surge]

There's gotta be an optimal ILV/gas ratio for claiming

[eager rover]

luggis gonna cut that dream real quick

[brisk surge]

anybody got the math for that?

[misty karma]

Didn't he already go in?

or I guess as he re-stakes as well.

[eager rover]

lets hope he is lazy this week'

[stoic ridge]

am i correct we can claim/harvest right now

and that once we harvest, we dont need to restake them? or we do have 2 (in the single stake)

[eager rover]

Alot of ILV accumulating

[tame kestrel]

🚀

[eager rover]

That’s cool

[turbid scroll]

what was the problem?

[tame kestrel]

feel free to post it wherever

this one too

https://tenor.com/view/smug-danntanner-danny-tanner-coffee-gif-13063298

[eager rover]

Lol

[strong wharf]

luggis is not in the pools yet? :p

[manic spindle]

I don't want to hear stuff like that! 😄

Scares the shit out of me lol

[stoic ridge]

Ok ty

[wet timber]

Someone shut luggis internet off

Gonna tank our apy

[eager rover]

Just pray luggis is a terrible gamer

Can’t earn the ILV for his life

[primal dagger]

okay heres your farming calculator for compounding in the sushi pool: https://docs.google.com/spreadsheets/d/1O4NdadTQocRKAc3U9QwmRkHVgc6NzLGZs0f5YuWH4u0/edit?usp=sharing

Make your own copy and you can edit the values

@exotic igloo for you 😘

and this one is for ILV only pool: https://docs.google.com/spreadsheets/d/119F4H3qa6ow7ARwT3M_fylBpzPROj838ZLEib7DUe8k/edit?usp=sharing

[brisk surge]

@primal dagger where do you enter your numbers at?

[primal dagger]

sheet1 you have to make your own copy

[brisk surge]

oh

[misty karma]

sweet thanks for this

[primal dagger]

updated ilv sheet so you can put in your own multiplier if in this pool (rewards always 2x weight though)

[obsidian yacht]

do you have to claim your rewards for the 12 month vest clock to start or does it start when you earn the reward?

[final steppe]

The 12 month period starts the day you claim 🙂

[obsidian yacht]

got it thanks!

[primal dagger]

had to make a fix to the ilv only one in case youve already made a copy, should be right now tho

[exotic igloo]

Thanks ser ❤ it takes into account the compounding into the ILV pool?

[primal dagger]

yeah basically its working out how much $ you are claiming and how much $ that will earn before next time you claim, so the extra $ you get from claiming early covers the fees

[lusty brook]

@primal dagger Do I understand this sheet well? When investing 10k$ in Sushipool, it's best to claim every 30 hours

[primal dagger]

yep

right now, as the numbers change that will change

if you make a copy you can change all the numbers

[tame kestrel]

those links should be pinned

thanks for sharing

[crystal nacelle]

Damn so I need to claim huh

[median canyon]

No. It's just a lot of things to increase the visual quality.

When the units are really good looking small things can be more obvious. Like if you watch TFT you will see a lot of visual shortcuts.

We are trying to avoid that.

[candid plover]

I’m not at my computer I’ll check it out later. Is this to calculate how often you should claim/vest rewards?

[exotic igloo]

Yes

[queen panther]

@primal dagger is it every X amount of hours we claim ILV? Or we claim ILV when it reaches X value?

Nvm it's X amount of hours

haha thx for the spreadsheet

[chilly lantern]

How do u modify the spreadsheet

@primal dagger

[primal dagger]

make a copy

[exotic igloo]

Make a copy

Jinx

[primal dagger]

😶

[silver oasis]

@primal daggertnx for the spreadsheet !💪

[chilly lantern]

I was using your output. I figured it out

[ruby wing]

Thanks @primal dagger GOAT

[brisk surge]

Made my first vest!

https://c.tenor.com/g53di9p55wcAAAAM/see-my-vest-the-simpsons.gif

[dusky rock]

Now we need that spreadshee to auto update price and APY 😄

[coral jackal]

Revert.finance is a fantastic tool for tracking LP in general. Haven’t checked it out for this, but think it should work

[brisk surge]

Stake site work on mobile for you all? Worked this morning

[candid plover]

Nah it’s been down for a few hours.

[exotic igloo]

Pedro told me soon

Cant wait to claim again

Ooooof gas is 6 also

Very noice

[grim meadow]

https://tse1.mm.bing.net/th?id=OGC.d57879c105c352635690c5c8447f80ae&pid=Api&rurl=https%3A%2F%2Fmedia.giphy.com%2Fmedia%2FPyZEkItObZrnW%2Fgiphy.gif&ehk=VeDJ0sG5Z%2FIMJYGHM123wpKkYXscokjzhSy7GbYiabk%3D

[dusky rock]

You did claim once already?

Can You somehow connect Your ledger to iPhone ? Nano S?

Or You can do it only with the one that has Bluetooth?

[brisk surge]

I claimed single stake, can't claim SLP pool yet

Ledger on phone? Hmm, I don't think you can but seems like you should

[queen panther]

my single stake is going to be claimed like every week or two at it's snail pace lol

until it gets filled up more with LP

[exotic igloo]

Just talked with the guys

Update almost ready they are doing final tweaks

Couple of hours and we will resume SLP claim

[oblique zodiac]

In the calculator, if I only staked in the single sided and didnt provide LP do I leave the section that says "Your APY sushi pool" at 0%? @primal dagger

And "$ in ILV pool" is my total token * current price?

Or how much I invested originally?

[exotic igloo]

I think he made a doc just for single asset

@primal dagger ?

[oblique zodiac]

Ok that would be appreciated. Need to know when to vest.

[topaz fossil]

Best always

Vest

As often as it makes sense with gas

[long jackal]

Who provides the sushi rewards. Are those just the transaction fees from swaps on sushi or is the ILV team somehow providing those?

[lament basin]

staked 20 ILV this morning, already have .11 ILV? so in another 9 days ill have 1 ILV in rewards? that seems pretty good...

and do we need to claim the rewarded ILV and restake it in order to compound?

I locked for 1 year.

[primal dagger]

@exotic igloo

[exotic igloo]

@oblique zodiac

[exotic igloo]

No susho rewards

Only transaction fees

[exotic igloo]

Once you claim them they become locked for a year in the ILV pool

So one transaction to claim and stake

To compound

[lament basin]

oh ok, and does it matter how often you claim...? I assume there is a fee to claim, so not too often but often enough to take advantage of the compounding

[exotic igloo]

Exactly

You can let the rewards sit there until there is enough to claim

Considering gas

[barren tusk]

So based on the excel, what exactly is the ideal amount of ILV you should have earned before you vest to make it worth gas?

Maybe around $400-$450?

Thanks Pika!

I also realized that alot of info was posted on the YF channel duhhh, can't believe I didn't check that as well today 😆

[gloomy gazelle]

Yeah you won’t get sushi since you are staking on sushi. But you do get the bit of fees for providing liquidity.

It looks like I’m getting pretty close to the same return percentage right now from 1x LP and 2x single asset

I haven’t run the numbers for real but it looks like it at a glance.

[eager rover]

if the fees generated from the pool is consistent its a 5% APY ontop of ILV rewards

but doubtful we will get 1mil volume daily

[exotic igloo]

https://tenor.com/view/d2-soon-smirk-smile-grin-gif-15460641

[coral umbra]

is this safe to push this button now?

[eager rover]

https://tenor.com/view/button-press-pharrell-the-voice-gif-3894001

[mint cave]

https://tenor.com/view/dexters-lab-dexters-laboratory-dee-dee-dee-button-gif-17350140

[primal dagger]

its miscalculating gas fee, so raise your gas limit

@exotic igloo rekting himself

[uneven laurel]

@median canyon button is back, are we good to claim ILV from LP?

[exotic igloo]

ok

just had a call with pedro

for the ones that have larger bags you gotta go with fast gas and not replace the transaction

the IlV part of it will succeed but the SlP will fail otherwise

pedro has a fix and he is working on it

but it works! 😄

[uneven laurel]

whats a larger bag

[exotic igloo]

idk

[uneven laurel]

how much are we talking lmao

[exotic igloo]

hahahha

[uneven laurel]

i have double digit ILV in rewards already

is that big :d

[exotic igloo]

im smoll

yea

[uneven laurel]

alright lets try

[exotic igloo]

gotta take the hit for my friends

[uneven laurel]

ok that claimed both pools tho

i didn't want to claim single sided

or u cant do only one?

[exotic igloo]

No

Be minded that you HAVE to claim both to stake in the IlV

so SlP guys pay double the transactions to claim

[uneven laurel]

what does SIP stand for

[exotic igloo]

it will be 2 transactions back to back 1 for IlV the other for SlP

[stoic ridge]

hey rahlord, once i claim rewards, are they auto vesting or do i need to do another thx

[exotic igloo]

slp

sorry cant do capital l lol

[uneven laurel]

ah that sucks actually

[exotic igloo]

once you claimed they are staked in the ilv pool for a year

so you are good

[uneven laurel]

because my rewards from single sided are def not worth claiming

[exotic igloo]

it is the price to pay for compouding

[stoic ridge]

okay cool so just the 1 tx to claim them and thats it

[exotic igloo]

cause you have to flush the ilv pool rewards to stake in it

[uneven laurel]

yea it cost me like 15$ total

for both

[exotic igloo]

yea

i asked if we can change it

[uneven laurel]

i mean i guess u have to look it like total

[exotic igloo]

exactly

[uneven laurel]

not 8$ for 10ilv and not 8$ for 0.8 ilv

16$ for 10.8 ILV

basically

[exotic igloo]

this

yea

[uneven laurel]

makes sense

[chilly lantern]

So you cannot just claim SLP by rejecting transaction 1?

No way around it @exotic igloo

[exotic igloo]

no

[chilly lantern]

Remember we have to claim all these positions again in a year

Gas might not be so favorable

[exotic igloo]

yes but I asked for a solution to bulk claim all unlocked tokens

they will look at it

[uneven laurel]

why, gas is expected to keep going down with all eth developments