🥩〕staking

[gloomy gazelle]

Nope. It does it for you automatically now

[median canyon]

When you click on claim ilv on the LP pool, it will do 2 transactions

The first is to claim your ILV Pool rewards as ILV

[sonic wolf]

so no need in separate buttons on UI?

[median canyon]

Then it will claim your LP pool rewards as ILV

[median canyon]

Not needed. It's built in.

[sonic wolf]

gotcha

thanks

[median canyon]

And the reason we say fast gas is because if both transactions hit the same block

then you get no sILV

if they are in different blocks then you can get some dust

sILV

[barren tusk]

lmao sILV dust

[median canyon]

It's the only way to do it with compounding

[barren tusk]

https://tenor.com/view/ethplode-ethplo-eth-crypto-rain-gif-15058208

Diamond dust

[median canyon]

This is not true. There WAS a way, but we didn't do it, and that is our bad. That's why we've had to change the UI functionality to mostly get around it.

[gloomy gazelle]

Lol LUGGIS.eth had almost 1 whole sILV of dust. Haven’t checked in awhile.

[median canyon]

But sILV doesn't come in batches. So it will just accumulate if so. Then you go into the game and buy a cheap shard with your dust

and you luck out and catch holo rhamphyre

then you come back here

and you thank me for fucking up the contracts because now you own a 1 of 3 holo tier 5

Then you train it

and you use it to win a tournament

[gloomy gazelle]

This is a good story.

[median canyon]

by tricking your opponent into thinking you have bonded your rhamphyre

but actually you bonded atlas

[gloomy gazelle]

What a twist!

[median canyon]

and then you win the tournament.

And you get an atlas plushy

and someone sees your cute plushy

[gloomy gazelle]

Because a bonded illuvial is HOLO?!?!?!?

[median canyon]

and asks you what it is

and you strike up a conversation

and then 10 years later you're married with 2 beautiful kids.

all because of sILV dust

[barren tusk]

PLoT twisT you maRRIed youR AtlAs PlusHie

[gloomy gazelle]

https://tenor.com/view/shocked-face-barbie-omg-surprised-gif-22056797

[mint cave]

https://tenor.com/view/butterfly-effect-movie-brain-scan-mri-gif-9711148

[gloomy gazelle]

https://tenor.com/view/critical-role-sam-riegel-oh-that-seems-worse-that-seems-worse-ew-gif-21482598

[median canyon]

Where's that guy that wanted waifu illuvials...?

[gloomy gazelle]

sILV dust is digital diamond.

[eager rover]

If I catch a gold /holo / dark holo from the dust I am getting I will send it to you for free. This is my promise

[median canyon]

Don't do that. I'll be catching holos with MY sILV dust 😛

[gloomy gazelle]

Because you are luggis.eth and have lots of sILV… 😂

[eager rover]

Ahhhhhh I knew it!!!!!!!

I had my theories but this is it

[gloomy gazelle]

https://tenor.com/view/maybe-robert-downey-jr-sherlock-holmes-rdj-gif-4384335

[barren tusk]

Waifu Illuviuals? Let's just stick with waifu hunters and leave the Illuviuals alone 👀

[old nimbus]

Aaron, do we still need to increase Gas limit to 280,000 when claiming or leave it at whatever it defaults to?

[median canyon]

I agree on the second part 😛

[median canyon]

I currently own 0 sILV

But that will change soon.

[candid plover]

I’ve claimed a couple times in the last 24hr and didn’t need to adjust gas.

[median canyon]

I would increase it

[median canyon]

It depends on the gas, and more specifically if it spikes up when you claim, which is hard to predict

[candid plover]

Yeah one of them a couple days ago got me. But it went through eventually but took maybe 20-30 minutes

[old nimbus]

Okay thanks. I had a couple of tx fail, yesterday, so was wondering.

[sonic wolf]

probably ran out of gas?

[candid plover]

Do u guys increase it on both confirmations or just the 1st?

[sonic wolf]

i leave it as it is

9 out of 10 times its good

[old nimbus]

Ive only did it on the 1st

accidently approved the second both times..

still worked..

[primal dagger]

when sILV tip bot?

[exotic igloo]

Yes

Fixed

Single action

[exotic igloo]

What are those crazy leak tonight

Aaron got tired of everyone else leaking stuff

[winter acorn]

👍

[floral cloud]

someone can help me? why i dont see staking pool?

[eager rover]

Did you connect your wallet ?

[floral cloud]

yep

ethereum mainnet

[eager rover]

Firefox ?

[floral cloud]

chrome

ops

i see now

thx

[candid plover]

Yeah that’s my thoughts as well. The 1 failed transaction out of 10 is less money than paying extra the other 9 times.

[primal dagger]

you dont pay extra mate

gas limit is a max, it doesnt spend it all

only what is needed, so that 1 fail is just lost $

[old nimbus]

How do you mean? Do we no longer need to manually adjust?

[brisk surge]

is the site down?

[cerulean sierra]

no, i can see everything

[brisk surge]

Ah! I was on the wrong network in MM

[dusky rock]

You guys claim at around 2 ilv most of the time?

Or You do it more often with average wallet

[candid plover]

I did a lot of calculations and played with numbers and due to gas it seems like it doesn’t change ur apr that much between doing like a daily/weekly claim at least

Like the amount I’ll make back due to compounding frequently basically takes 1 week to equal the gas I paid.

I could have eessentially just claimed at 1 week.

I think it’s most important to just claim when gas looks low. Just my 2 cents.

[hot moat]

might calculate differently when you have both pools to claim

[dusky rock]

I mean I'm pretty sure it better to claim more often with cheap gas like 4-5

It's just 2-3$

Because then You getting slightly higher rewards

[sonic wolf]

I just claim every 10 ILV

as APY goes down

shit gonna slow down

[mint cave]

same

[candid plover]

So like once an hour bigboi?

[brisk surge]

More like every 10 minutes 🤣

[crystal nacelle]

I claim once a day

Been super busy so makes it easier

[wet timber]

If i buy more ILV and stake it, does it add to the pile already deposited ?

[radiant crow]

It makes a new pile

But that new pile has the same properties per ILV as your old pile if you give it the same weight

[brisk surge]

@wet timber yes

[manic spindle]

Damn, that's gonna take me a bit to figure out 😄

[strong wharf]

https://tenor.com/view/math-numbers-confused-when-he-say-hes-straight-what-gif-7675506

this gif so accurate here

[brisk surge]

@radiant crow you making that a site?

[eager rover]

That’s napkin math ?

[brisk surge]

hahahaha

[radiant crow]

lmaooo

[ruby wing]

thanks @radiant crow bless up

[exotic igloo]

https://tenor.com/view/wtf-gif-14533740

Team is full of big brains

[mint cave]

so my version of napkin math is more like...toilet paper math

[brisk surge]

hahahaha

a site would be nice or like a python script

what is T?

token

oh okay

[dusky rock]

There is no math really You just press all and pick 12 months and You repeat

[exotic igloo]

@radiant crow where math

You deleted?

[radiant crow]

Math gone! NFA n all

[exotic igloo]

Gotcha

[timid torrent]

Apy getting lowered at this rate 10% apy by next month

[strong wharf]

why so negative nancy?

it's going down but 10% by next month is FUD 😆

[dusky rock]

It's going down because ppl start to find out this project and they realize it's 🔥

And they just go heavy in to it

[strong wharf]

it's also going down because the rewards we claim are getting joined in our single staking pool

that's correct right @exotic igloo ?

[manic spindle]

yes

[strong wharf]

ok, so it's logical

[exotic igloo]

yes

[dusky rock]

Skaanbaary be nice and claim less

So we can catch up

😂

[exotic igloo]

just waiting for gas since this morning

i have a little stash growing

[timid torrent]

If it really goes their all your ilv is locked and market tops then you’re not selling top and not getting yield

[exotic igloo]

We are looking way farther than this

Revdis is what it is all about

Maximum tokens

i'm looking at 2026 minimum

[brisk surge]

Mmmm, wen revdis

[exotic igloo]

Wen game

[brisk surge]

[strong wharf]

so shortsighted

I have my stack ready to sell that's not locked when it hits exuberant prizes. But I'm in this for the long haul

[trim urchin]

I think it is literally impossible given the rewards and the circulating supply.

I mean for the apr to go down to 10%

[manic spindle]

For that I'm hoping for some nice revenue gains beginning end of this year since they are not locked. That's why it was easy for me to just lock everything I had 12 months right away.

[exotic igloo]

yea

I have nothing to sell

cause I don't need anything else

[drifting shell]

Free Stack is FUD in itself. Always stake

[strong wharf]

I am staking..

just the flexible choice with 30% of my stack

[drifting shell]

issa joke

[strong wharf]

😄

nn boyzzz

[drifting shell]

dont worry, i know you;ve been here since basically the beginning 😘

[exotic igloo]

The ogs

[strong wharf]

🥰

[drifting shell]

I'm not active here much anymore 😦

[exotic igloo]

Dont worry

Og status never fade away when we know

[cobalt ridge]

DEGEN.

150% Illuvinati ?

[exotic igloo]

100% + debt is Illuvinati yea

[spice plinth]

Can I claim both sILV and ILV or only one? If it's only one is their any reason not to just go with more ILV to stake.

[exotic igloo]

You can only claim one or the other at a time

You could take sILV if you want to use it to pay for the fees in game later on

[spice plinth]

Ok thanks.

[gloomy gazelle]

It will at least in single asset. Because those millions of ILV getting distributed will get into that ILV pool. But it will take a long time.

[exotic igloo]

Its claiming time baby

[candid plover]

Everybody loves claiming time.

[inner grove]

Stakes for breakfast. Yumm!

[median canyon]

Isn't that a song by Semisonic?

[candid plover]

No Aaron. No.

[median canyon]

😉

[sonic wolf]

I just realized that 1 claimed ILV = 2 flexible staking ILV

we just need to FUD more

so folks wont lock their tokens at 2x

and we rich!

[exotic igloo]

Hahahahahah

[gloomy gazelle]

And I’ve gotta delete this so no one realizes our coordinated efforts

[mental tangle]

So if paper hands leave the ILV pool our APY goes up?

[exotic igloo]

Yes

[mental tangle]

Dust?

[exotic igloo]

Dust means tiny fractions of a token

[primal dagger]

2nd tx cant pass before first tx

cause of nonce's

[exotic igloo]

Mhhm

[primal dagger]

so gas price doesnt matter unless they get split, which shouldnt happen if you use the same gas price

[exotic igloo]

Then I dont know how people fucked it up

[primal dagger]

also could happen if you use exact gas price like 3

vs 3.01

[exotic igloo]

Ok

[primal dagger]

same gas for both tx is crucial

[exotic igloo]

Or first faster

[primal dagger]

no

first faster will cause a delay between the two

which is what causes silv

and if the 2nd is faster you are just wasting gwei

[exotic igloo]

Ok i get what you mean

Ill delete then

My driving thinking was not on point

[candid plover]

I literally just been defaulting all my claims and haven’t missed any yet.

And I claimed quite a few times lol

[exotic igloo]

Gotta love those 5GWEI fast claim

[gloomy gazelle]

Ooo would be a nice get.

[dusky rock]

😄

I was able to claim every time at around 3-5 🙂

I guess living in europe isnt that bad

because it seems that our mornings are like the best for cheap gas

[trim urchin]

Oh, yeah, in a long time, sure thing.

I was rather commenting on the comment of "insider" who was complaining about the apr decreasing and saying that it is going towards 10% in next month with this speed which is a complete nonsense.

[gloomy gazelle]

Gotta be fuddin

[trim urchin]

Very true.

[woeful bear]

Anyone had trouble removing liquidity from the ETH/ILV pool on sushiswap? Can't get past the transaction approval and am trying to move some funds over from SLP to just the ILV staking

[novel pollen]

Have they said anything about NFT rewards for stake holders ?

[gloomy gazelle]

Haven’t tried it. Do you have your SLP tokens in wallet? I’m no expert so that’s the only thing I can think of.

[woeful bear]

@gloomy gazelle Yes, I have removed them from staking and then tried to remove the liquidity that I am providing on Sushiswap but I can't remove it. I'm not technical but I am not a newbie either, have provided and removed liquidity from sushiswap many times

[gloomy gazelle]

Hey I’m a newbie so I don’t know nothing. Didn’t mean to imply you are like me. Just only thing I could think of. Good luck out there. Someone with know how will see and help eventually

[exotic igloo]

What is the error you encounter?

Our boi @primal dagger might know the answer

[gloomy gazelle]

Yeah Joe. He gonna know

[woeful bear]

Thanks. I get absolutely no action if trying to remove liquidity on SushiSwap, even after signing the transaction on my hardware wallet.

So im stuck with this screen and no transaction pending

[exotic igloo]

You gotta approve them

Redo the transaction

It probably failed or something

[woeful bear]

If I use Zapper then I instantly get my transaction denied even before being asked to approve it. See here

I've approved the transaction when using sushiswap, I don't get a chance to approve on Zapper as I am presented with this message instantly when I click sign

[exotic igloo]

Ok but its 2 transactions

One to approve

And one to remove liquidity

[woeful bear]

Yea, I know

[exotic igloo]

Zapper not supported yet I believe

[woeful bear]

I can't get the approval through, it doesn't trigger any action

[exotic igloo]

Mmh

Cant help you any further sorry

[woeful bear]

As you can see, i've approved transactions in the past no problem but I can't seem to remove the liquidity from this pool specifically. Removed liquidity from an ALCX/ETH pool only 3 days ago, no problems

@exotic igloo No problem, thanks for trying

[midnight eagle]

Hi all. I'm about to buy some ILV and want to stake it. What are the current earnings from staking?

[manic spindle]

255% APY when staking $ILV only. 581% when providing liquidity in the $ETH/$ILV Pool. No guarantees ofc. how long these numbers remain at this level. It will always be dynamic.

[midnight eagle]

That's an incredible APY

thank you

[manic spindle]

Yes, be aware though that it for sure will continue to decrease. Every two weeks 3% less tokens are distributed AND all rewards claimed (from all pools) are staked in the single $ILV pool with a weight of 2.0 and a lock of 12 months.

Quick general LP question: Are staking rewards from a LP like $ETH/$ILV based on total value provided or the particular token amount?

Example (ignoring APY fluctuation, compounding and IL completely):
You have 100 $ILV in single staking at 100% APY, so you end up with 100 free $ILV after a year. If you would have instead provided 50 $ILV + equal value of $ETH and staked in LP with 200% APY, what do you have here as rewards after a year? Also 100 because of 200% x 50 or does the ETH value come into consideration here and you end up with more free $ILV after the year compared to single staking?

[midnight eagle]

Thank you Stormi, appreciated!

I will lock up for a year 🙂

[coarse hamlet]

99999+-99909-99999999999999999999999999999999999999999999999999999=9=999999999999999999999999999999*9999999999

[manic spindle]

No one sure about that? 😄

[primal dagger]

It's both together

[manic spindle]

Damn that's a lot then. Next time (with more funds available) I'd definitively consider some LP despite IL risks then 🙂

[candid plover]

Right now the interest rates are so good that IL is not much of a threat. That could definitely change tho

It will most certainly change actually but I’m gonna enjoy myself in the mean time lol

[brisk surge]

is it possible to collect ilv only from the SUSHI LP pool, in the case of receiving such a small amount of ILV from the ILV pool - it involves high fees in the future for collecting the award after unlocking - I am charged faster from the SUSHI LP pool and I would like to claim these more often than those from the ILV pool

[queen panther]

I believe they're working on 1 gas fee to claim both pools at once

[brisk surge]

at this point there is a separate fee for the ILV pool and for the SUSHI LP pool ... did I understand correctly that you are writing about the future ... that it will be possible to collect all ILV tokens from both pools - with one fee? If so, it would be great ... because if now I received 0.04 ILV from the ILV pool, and this pool is first in the order before the SUSHI LP pool ... then the fee for collecting 0.04 .. will eat the profit. 0.04 ....................if the prizes are not combined, you should now wait for a minimum of 1 ILV to accumulate on the ILV pool, assuming that the ILV price does not change ... which is not certain ...

[queen panther]

Yup talking about the future

We all have that issue right now

I’d just look at it with how much ILV you’re able to vest total versus the total gas fee

And if that’s worth it or not

There’s a spreadsheet pinned you can use to calculate

And general sentiment among active users seems to be claiming when gas is low / around 10 ILV

[mental tangle]

man everyone here is a whale 🐳

[brisk surge]

that's all you write about, I read before - that's why my questions, because when receiving prizes from the SUSHI lp pool, they are placed in the ILV pool again - unfortunately they generate a small return, Or maybe you can not receive prizes from the ILV pool ... tulko prizes in the pool sushi lp ... which we pick up first

[exotic igloo]

It is impossible to claim ILV from the SLP pool only

Check pinned message from aaron

He explains it well

This is the price to pay for cheap compounding

Doing it manually would be way more costly for the user

@brisk surge

[exotic igloo]

This

[novel pollen]

Do we pay gas to withdraw rewards, and gas to restake ? Or is it automatically staked for one gas fee

[exotic igloo]

Second one

Once you claim it is automatically staked in the ILV pool for 12 months

[novel pollen]

Ok and the sILV is only if you don't stake it ?

So if you choose sILV it won't be staked but can only be used to purchase once game releases ? Essentially no point taking sILV now better to compound than sILV on release ?

@exotic igloo

[primal dagger]

correct

[onyx flower]

Cant wait for eip 1559, go to claim 50 ilv at 10 gwei fast, click thru do the trezor thing, submit, check trans and its >2hr, 40 gwei spike that im not paying

Cancel cost almost same as initial transaction

100 gwei fast, 10 gwei fast 3 min ago

[novel pollen]

Yip spiked was 5 than 31

Not paying 31 for 1 ILV 😂

[onyx flower]

Looks like culprit is a new avatar nft, degenz

Art looks nice

Fairly certain my 10 gwei transaction isnt going through today

[exotic igloo]

Exactly

@onyx flower @brisk surge

https://tenor.com/view/spider-man-we-one-gif-18212100

[brisk surge]

Lolz what did I do?

[exotic igloo]

Idk he had a cool name like you sometime do @brisk surge

[coral umbra]

sILV 😩

[junior shuttle]

who here is doing the sushi pool? Got 1 question to ask

[exotic igloo]

Me

[exotic igloo]

I love to see those rewards after a long day

https://tenor.com/view/trading-tits-wall-street-excited-jacked-gif-16624249

[gloomy gazelle]

You got some? Or what?

[junior shuttle]

@exotic igloo whats the percentage i would need of each to stake? 50/50? Cant seem to find the article quickly

[coral umbra]

yeah i got some, this maybe a dust for most but its big for me

[gloomy gazelle]

Hmm did you have a long pending transaction for SLP claim or something?

[exotic igloo]

50/50

[gloomy gazelle]

Yeah 50/50.

[coral umbra]

a failed transaction

[junior shuttle]

Thanks guys

[exotic igloo]

Thats why

Gotta use fast gas

[coral umbra]

i used fast bust i spiked

[junior shuttle]

i do medium + 1-2

[gloomy gazelle]

https://tenor.com/view/lizard-worm-gotta-go-fast-fast-eat-gif-3563529

[exotic igloo]

Your first probably failed

So the second claimed as sILV

[gloomy gazelle]

Yeah that sucks.

[junior shuttle]

was it just one day?

[coral umbra]

i think stratety here is to wait that gas is stable

[exotic igloo]

Yes

I used 9 gwei like 15 minutes ago

And both went through in under a minute

[coral umbra]

and most important is ILV than silv i think

compunding is more important

[gloomy gazelle]

I guess it’s just another reason why the single asset pool is easier. But that apr in SLP is sweet

[coral umbra]

if we could compound sILV that would be awesome

[gloomy gazelle]

Oh did it fail because it ran out of gas or something else?

[gloomy gazelle]

A sILV pool for earning more sILV. And thus burning more ILV. Dang it sounds nice actually

[coral umbra]

yes. coz after we get sILV its doing nothing

[gloomy gazelle]

Sounds like a tricky contract. A separate pool is a no go for me.

[coral umbra]

yeah but if its not good and a lot work for the team, i wont bother

[gloomy gazelle]

Though why not a separate pool… the sILV is getting minted each time anyways I think.

[exotic igloo]

Would create infinite supply of sILV

So no.

[gloomy gazelle]

No it’d still be limited to the ILV max. But yeah it’s weird.

[exotic igloo]

Hum ok

[primal dagger]

talking about a flash pool for sILV?

[junior shuttle]

why would you burn ilv for more sIlv?

[primal dagger]

would be better to do a sushiswap pair for it, to provide liquidity too

either eth or ILV

[gloomy gazelle]

Yeah probably.

[exotic igloo]

It would devalue the token tho

Cause people would be cashing it out

Cause its unlocked

[brisk surge]

yea locking is the way

[gloomy gazelle]

The issue is all of the weird transaction issues that keep popping up and giving people sILV they didn’t ask for.

[exotic igloo]

Never had the problem

[primal dagger]

devalue which token tho

silv?

[exotic igloo]

Yes

[gloomy gazelle]

I mean it should be a rare occurance.

[primal dagger]

its always gonna trade at a discount to ILV

[exotic igloo]

Its not supposed to trade

Thats the thing

[primal dagger]

well they made it tradeable, so it will trade

[gloomy gazelle]

It’s like an Illuvium gift card.

[primal dagger]

they could have made it non tradeable

[gloomy gazelle]

Those are often gettable at discounted prices

[exotic igloo]

There will be no official liquidity provided tho

So anyone can start a pool but, no liquidity = poor trading

[junior shuttle]

isnt it just spendable in-game?

[exotic igloo]

Yes

Its transferable so it is tradeable

[coral umbra]

how about using sILV ingame would have a 50% discount that would be fair. in excahnge for lost compounding

[exotic igloo]

But the main goal is for it to preserve its value and be used in game

To cover for fees

[junior shuttle]

which comes back to us

[exotic igloo]

No

[junior shuttle]

oh

[exotic igloo]

Transactions made in sILV doesnt give the vault any revenue

[junior shuttle]

i see

only eth purchases then?

[exotic igloo]

Yes

[junior shuttle]

but will anything that can be bought with eth be bought with sILV?

[gloomy gazelle]

No.

[exotic igloo]

Yes except for the marketplace

[junior shuttle]

I see

[exotic igloo]

Marketplace is only eth

[junior shuttle]

so crystals are a go?

[exotic igloo]

Curing them yes

You can use sILV

Marketplace people dont want your poor sILV hahaha

[junior shuttle]

i need to re-read where the crystals come from lol

[exotic igloo]

From mining

[junior shuttle]

ahhh yes!

[exotic igloo]

Shards

[junior shuttle]

and we use sILV to cure them

forgot

[gloomy gazelle]

And sILV to pay for travel

[junior shuttle]

the main things in the game imo

[gloomy gazelle]

Maybe official game pricing on imbues and skins too. Doesn’t seem likely to pay for wagering fees though either.

Stuff that you’d buy at cost from the game and then sell at a loss in the market for ILV. Or with some effort put into crafting or something could sell at cost or market up even. We shall see how the economy works though.

[brisk surge]

Oh man u think I have a kewl name/sometimes
😊 😊
That other person's handle is pretty sic, sounds russian, or if you changed up the last few letters it could be a Japanese poet haha.

I only have a a small amount of Illuvium staked

Btw

But I did lock and 2x, and then someone reminded me to vest.
Good times friends baha.

[exotic igloo]

Good times

[gloomy gazelle]

Mayakovsky is a character in the magicians series. But likely not the only place that name is from

[brisk surge]

Ahh that's groovy man.

[mental tangle]

Rev Dis will be for both ILV pool and ETH/ILV liquidity? when the time comes that is.

And will it be distributed only to those that are staked/not staked?
Or just any holders?

Ok so it literally replaces the current system when the time comes 👍

[opal elm]

That's not very crypto-like though is it?

[mental tangle]

https://tenor.com/view/shocked-face-wide-eyes-bug-eyes-shocked-surprised-gif-17836791

[manic spindle]

What's up with the gas at this time? Usually no problem to claim rewards now for me 🙂

[coral umbra]

https://tenor.com/view/milk-mocha-milk-and-mocha-bears-bored-wait-gif-13418519

[drifting shell]

https://etherscan.io/address/0x03f7724180aa6b939894b5ca4314783b0b36b329

This is the contract that is guzzling a lot of gas

[drifting shell]

It seems to be Shibaswap

[coral umbra]

https://tenor.com/view/illuvium-ilv-illuviumio-yield-farming-staking-gif-22200244

[queen panther]

gasssss please calm down so we can all claim

thank you

https://tenor.com/view/please-please-god-praying-pray-for-me-pokimane-gif-14474281

[lament basin]

how often do you guys claim? I only have 20 staked and just hit 1.01 in rewards today...

[stoic ridge]

i click claim and the contract doesnt pop up in metamask now? never had that before

n/m it goes jsut a 45 second delay

[glad saffron]

Using Joe's sheet to claim or if I have 2 ilv

[drifting shell]

i claim once a day, but then again i have a lot more staked. I earn like 4-5 ILV per day

[lament basin]

cool thanks for the replies, sounds like I will claim as soon as gas goes down and re-stake the 1ILV

[subtle tulip]

how much does 1 ilv cost?

[coral umbra]

upper right corner just below the handsome boys

[subtle tulip]

im sorry but im kinda new to the channel here, do you mean the gastracker?

oh the marketcap

@coral umbra thanks!

[dusky rock]

I do every 2-4 ilv but I care more about low gas 4-6 then amount of ILV itself

[bitter fern]

If you stake your ILV will you still be able to vote for the council?

[gloomy gazelle]

I remember this being discussed. And the short answer is yes. But maybe not as much for those in the ETH/ILV liquidity pool. I’ll look around.

[bitter fern]

Oh okay thanks

[exotic igloo]

Yes for all

It has been solved

[gloomy gazelle]

Thanks rah

[rotund sentinel]

Trying to figure what % of gas fees: dollar value of ILV makes sense to claim rewards (e.g. $1000 worth of ILV at 20$ gas fees at 2% ratio)... anyone have any thoughts on what number makes sense?

not sure if the spreadsheet mentions this!

[bronze shale]

hi guys currently just made my 1st stake with ilv its not that big but im planning to add some ilv hopefully every month. question is, every time i put in a new stake, will the time lock be different than my previous stake?

[brisk surge]

Yes, it's a new time lock. You can decide how long for each batch you stake

[bronze shale]

copy thank you

[wet timber]

Just claim when gas is low

Its not difficult

[silk fog]

thought its auto compounding?

[drifting shell]

while it vests

[amber cloud]

Is there a time limit to claim staking rewards?

awesome. so the unclaimed ILV just gets autocompounded right?

[exotic igloo]

Who else is in the "waiting for gwei to calm its tits" club?

[misty karma]

I just want my compounds.

[exotic igloo]

Yea i'm gonna sleep now

Wen I wake up it better be down

[misty karma]

I don’t want to wait a full day 😮

[exotic igloo]

Been more than 24 hours for me

[misty karma]

Lol same.

If I wait til morning it’s 36. I feel something breaking inside.

[exotic igloo]

Hahahhaa

Ikr

[candid plover]

Aye aye. I got lucky and claimed last night right before shot up. Definitely waiting for this calm down before claiming.

[barren tusk]

234.25% <-- single stake, me sad, drops too fast with ppl claiming from all pools

[junior shuttle]

yeah me too lol

im thinking of trying to find cash to join the sushi pool.

[barren tusk]

We suffer together atm, but we will do well

[exotic igloo]

I want to propose to halve the flashpools weight

They are getting a lot

[ruby wing]

Yes

[uneven laurel]

[primal dagger]

might be smaller for xyz anyways

[ruby wing]

https://tenor.com/view/hasbulla-gif-22010242

[barren tusk]

4 ayes, the ayes have it. The flash pool will be halved and distributed to the ILV single stake pool. Thank you for participating

[uneven laurel]

[ashen dust]

I was surprised to see how many people went into the single pool considering the weight difference and all rewards would be going to single pool. It would be hard to change distributions after people locked in for a year. Doesn’t seem right.

[uneven laurel]

i think thats a product of people being overexposed to ILV and not having enough ETH leftover to match it for LP

[gloomy gazelle]

The flash pool is different. Some folks are more worried about accumulating ILV so the impermanent loss in the LP.

[barren tusk]

this, but also most people do not have alot to put in so double gas txn is not worth

in hindsight shouldve gone LP, but it is what it is

[viral tiger]

Hello. I put a little into staking and vested for a year. But now I turned twice as much from UsDC to ILV and want to stake it. Even though the other amount is vested for a year, it is saying I have to claim my rewards before I can stake the new amount too. Does this sounds right ? What happens if I claim ?

[ashen dust]

Yeah I sold some of my ilv back to eth so I could go into the LP. Yes the risk of Impermanent loss is there but I figured I would gain more ilv in the long run with LP. It’s only a week in, we will see how everything turns out in the long run. Things can always change quickly

[ashen dust]

Sorry missed it was the flash pool! Thanks for clarifying

[candid plover]

When I have added, it has automatically claimed the rewards when I staked the additional amount. So to save on gas fees, do not claim rewards and then stake. Just stake and it will claim for u.

[viral tiger]

Ok darn. I think I stake the higher amount but didn’t vest it

I wanted it all to be vested but that is ok.

I forgot to lock it

Thanks

[candid plover]

You can unstake it and stake it again and lock it. However you’ll have to pay gas fees.

[viral tiger]

Got it. Makes sense. As it is now , with the non-vested amount, I can claim ilv rewards anytime I want to though correct? It is just at a lower apy is all right?

[sonic wolf]

ughh this fucking gas

[ashen dust]

Lol... I was just about to comment on gas as well. it’s just stupid.

[coral umbra]

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

[barren tusk]

https://tenor.com/view/laughing-hysterically-hilarious-lol-so-funny-haha-gif-14961978

I've formed a mini habit out of claiming ILV and this gas is preventing me from getting my fix

I'm going slightly mad...🤪

It's giving me the jitters

[gloomy gazelle]

yeah its annoying

[mental tangle]

Is there a way that I can have my employer send my cheque directly to Illuvium team and they just give me whatever that weeks ATH worth of ILV directly to my staking pool?
😂
It would really simplify this whole process

[gloomy gazelle]

lol sounds sketchy

[zinc sluice]

Gas gas go away...go back down so i dont have to claim another day

[misty karma]

All my lonely ilv not being compounded. I feel sad for it.

[zinc sluice]

waiting for it to hit 12

[coral umbra]

https://tenor.com/view/im-waiting-aki-and-paw-paw-think-hmmm-gif-16473027

[junior shuttle]

😆

same here, same here

[tribal roost]

hey, i wanna put money on my meta mask to stake but i wont allow me

[junior shuttle]

connect your wallet

[tribal roost]

what are some of the best ways to start staking on illuvium?

i have connected my wallet, most my money is on the BNB exchange

and i can't get anything on to my meta mask account

[uneven laurel]

why not?

[tribal roost]

wyre wont let me buy eth (web) and nether would transak (mobile)

not sure

@uneven laurel

[uneven laurel]

you can just send eth from binance to eth network (erc20)

[tribal roost]

i sent 0.0005 eth to myself

but i cant see the activity on the meta mask wallet

[junior shuttle]

it would be on etherscan

also most exchanges will have a notification once something has officially left your exchange wallet

[tribal roost]

@junior shuttle

[dusky rock]

They are

1st part is address then thing after comma is tx and that is just transaction details

if You will go to etherscan website and put that in then You will be able to see what is happening to that transaction

[tribal roost]

@dusky rock

address invalid

[uneven laurel]

are you sure you switched to eth network, bsc would be the default option when sending from Binance

you sent it on the binance network

have to switch to erc20

[sonic wolf]

jesus christ

gas going down finally

[tribal roost]

Thank you @uneven laurel

[junior shuttle]

not going down fast enough lol

[barren tusk]

alas but a cruel joke

https://tenor.com/view/sleepy-doze-off-subway-fall-tired-gif-11265004

[candid plover]

Bout time

Friggin shib lol

[mental tangle]

https://tenor.com/view/family-guy-peter-griffin-hatin-keephatin-hater-gif-4634959

[wet timber]

[tribal roost]

Hi, i want to stake at the higher APY how do i pool with sushi LP?

[rotund sentinel]

you have to first provide liquidity on sushi swap for the Eth/ILV pool, you will then get LP tokens which you must stake on that page you've just shown

[mental tangle]

first you need the money. then you can make the money. dont worry i am also stuck at stage 1..... lack of money

[solar cedar]

First you get the money, then you get the power, then you get the woman!

[solar cedar]

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

[tribal roost]

Thanks @rotund sentinel @solar cedar i finally figured it out

[rotund sentinel]

You're welcome 👍

[onyx flower]

Crab market so juicy for the LP

[uneven laurel]

true

[brisk surge]

when do you all claim now with gas like this?

9-11 ILV?

or double that?

[quick bridge]

I waited for 20 before claiming this morning, but not based on any math or calculations

[onyx flower]

Save your eth https://www.calculatorsoup.com/calculators/financial/compound-interest-calculator.php

Plug in 200% apr, set to daily vs weekly

See how the difference is less than the gas u will pay

[brisk surge]

yea but then the longer you take to claim your ilv the longer it takes for them to become unlocked

[ruby wing]

Who says i want it to unlock 😉

[exotic igloo]

Hum

[quick bridge]

this calculator suggests there is not much benefit to claiming daily vs. weekly. wondering how to reconcile that with the pinned ILV spreadsheet calculator which suggests claiming more than once per day

[ruby wing]

I think it is still wise to claim as much as you want when gas is cheap early on

because the APY will drop over time

[quick bridge]

I think that'll be my plan. when its super cheap claim once per day, and when it's expensive just wait a few days

[exotic igloo]

Yea because 3% less distribution every 2 weeks

[misty karma]

I don’t think that calculator would be complex enough to calculate properly with what we have for the sushi pool right? Since the lp has one % and single has another.

[verbal heron]

Officially made 1 whole $ILV from Staking rewards 🙂

[misty karma]

Congrats!

[junior shuttle]

Nice!

[verbal heron]

Thanks!

[wet timber]

Just claimed ilv and paid gas, how long does it take for the website to update

[queen panther]

did you refresh

[wet timber]

Yh

Said transaction is successful on metamask

But ilv isnt vesting yet

Wtf does this mean

[exotic igloo]

Sus

[wet timber]

I reinstalled and entered my seed phase in

But only eth is in the wallet

Wallet still connected to staking

[silver oasis]

it's always like that..u got to add whatever other coins u had manually

[wet timber]

Got it

First time having this issue

Wonder if id of been fucked without my seed phase

This shit is still claiming

[silver oasis]

well tbh that is literally your wallet...not the app, not the device ..but the seed phrase ..so if u don't have that..bye bye assets

in a case of restoring your assets

[wet timber]

[junior shuttle]

why they call it a "seed" phrase, root to all your monies!

seed phrase to me is akin to having cash in hand

[wet timber]

Im tryna claim again

Takes me to metamask but no notification to pay gas comes up

Thus i cant claim

[wet timber]

Maybe i dont have enough ETH

[dusky rock]

Or You used to low gas

I just slamed it with 15 gas and im going to sleep :

😄

If that will work then cool if not then ill just speed it up tommorow 🙂

[mental tangle]

Gas gees have been quite painful the last couple days.
Paid like $30 for what would have been maybe $9 a few days prior
Ah well 🤷‍♂️

[exotic igloo]

Oooo gas is coming down

Do I fomo

[mental tangle]

https://tenor.com/view/crypto-fomo-jack-black-gif-13271732

[glad sleet]

I need to claim mine and have been putting it off. I hate paying more than $2.50 these days haha. We are so spoiled

[exotic igloo]

Lol

Gas 334

We are doomed

Its fluctuating so much right now

[ruby wing]

Facts

https://tenor.com/view/kid-thinking-sit-bored-couch-gif-17483531

[exotic igloo]

60$ claim

Good chunk of ILV tho

But still

[solar cedar]

just wait for Sunday to eat your stakes

[ruby wing]

OUCH

[sonic lily]

Hey All , after claiming your rewards does it automatically added for stacking?

[exotic igloo]

I think i'll have to do twice a week yea instead of twice a day

[sonic lily]

👍

When to claim your rewards ? 1 ilv ? 2ilv or doesnt metter ?

[mental tangle]

Whatever floats your goat my dude,
I claimed for 0.6 🍤

[sonic lily]

👍

[mental tangle]

However***** that was when gas was wayyyyyy cheaper

If you are a shrimp like me then (NFA) I would probably wait until gas prices settle or if they don't..... 😬 More ILV available to claim..... Like a lot more. Cause gas fees hurt atm

[sonic lily]

Ok 👍

When is beta game is out ?

[exotic igloo]

At this current GWEI I would not claim anything under 20 ILV tbh

[junior shuttle]

yes

@ocean escarp

yes it does lol

ive been watching gas charts for hours lmao

[final steppe]

Open Beta for Illuvium will be towards the end of Q4 this year! 😎

[ruby wing]

Finally

Gas is coming down

[pulsar olive]

This feels so unreal... how can I go back to trad video games now when I can literally earn-to-pay

[gloomy gazelle]

https://tenor.com/view/theres-no-going-back-no-return-head-shake-lycan-werewolf-gif-15653579

[pulsar olive]

Granted, only staked what I got from airdrop as invested in other projects, but still... wtf

[mental tangle]

Knock on wood

[ruby wing]

Praying

https://tenor.com/view/nbc-superstore-praying-gif-9684878

[gloomy gazelle]

https://tenor.com/view/worried-sweat-sweating-nervous-dog-gif-15473176 that shib gas down boy down

[ruby wing]

https://tenor.com/view/air-bud-gif-11431580

[junior shuttle]

whats apy on core ilv pool? still above 200%?

[brisk surge]

Hello All, please help me with probably simple thing
i have staked ILV two days ago, saw details after transaction, but right now when i click my wallet I can see that stake has been realized but in vesting page see zero, and zero possible to stake
???
thanks for help in advance

[coral umbra]

220.34 as of now

[junior shuttle]

hmmm

ill need like 20 days of that apy to make money back from gas if it stays above 200%

tough decisions tough decisions lol

[coral umbra]

i hope so. it keeps coming down😩

[junior shuttle]

yeah...

i think its going down like 3% a day

sucks

hope there is a threshold that it wont go below during the first year

would suck seeing it below 100% in like 1 month

[coral umbra]

its possible we cant control people

[primal dagger]

Not in 1, maybe in 2

[junior shuttle]

its going down around 3% a day unless that becomes less and less as more days pass

[uneven laurel]

why would you guys expect high apy on single side if everyone is smashing their rewards in there at 2x weight? 😄

[junior shuttle]

greed!

[coral umbra]

oh my gas

how to know. what causing the gas high?

[junior shuttle]

it was higher

this is low for today lol

[gloomy gazelle]

https://etherscan.io/gastracker

[coral umbra]

how did people knew it was shiba

[gloomy gazelle]

It was shiba folks moving crap around for awhile. Now there’s some other things too. Check the gas guzzlers.

2 and 10

[coral umbra]

i see it now. thnaks

[lusty brook]

I claimed ILV and got sILV. WHY?

[junior shuttle]

you sure you didnt claim sILV? Only way for that to happen.

[lusty brook]

Yes, for sure

[coral umbra]

it shoule be on the same block. so use fast gas

[gloomy gazelle]

Did you claim rewards from ETH/ILV pool or flash pool? If so then it’s doing two transactions. And you’ll want to use fast gas to avoid sILV dust.

[junior shuttle]

🤔

[gloomy gazelle]

#🥩〕staking message

https://tenor.com/view/this-up-gif-8606566

[lusty brook]

SLP rewards are ok, got ILV but from ILV pool got SILV

[lusty brook]

ok thanks

[gloomy gazelle]

Was it the full amount of your ILV pool rewards that were claimed as sILV or just a small amount?

[lusty brook]

yes that was the full amount (2,56 sILV)

[gloomy gazelle]

Yeah thanks Ami. I’m gonna sleep. Later y’all

[coral umbra]

good night. sweet dreams peli

do pelicans dream🤔 if yes and what they are dreaming about?

[gloomy gazelle]

😂

Had a thought that would keep me awake… I wonder if Artur had to speed up a transaction and only did the SLP one. The second one. 🤔ok now I’m done.

[void cypress]

i got some ilv airdropped couple months ago, wanted to know if that is vested for a year, cant remember if it was ever mentioned.

[manic spindle]

Managed to squeeze in a claim finally. $9,51 for 10,53 $ILV - I can live with that 😄

[tacit cedar]

I remember there being some talk about how to do things if you want to stake in the LP pool (did it auto claim your rewards when you stake?) Plus how does claiming rewards work if you have some in each pool? Is it one transaction or two?

[wet timber]

As soon as i use a desktop to claim everything works instantly

Mobile issues

[exotic igloo]

Gas is lower this morning

[strong wharf]

claimed another 10

[exotic igloo]

When you stake it makes you claim rewards

When you stake SLP only use the claim ILV button for SLP pool as it claims both pools anyway.

It is always 2 transactions to claim ILV

When farmin with SLP

[sonic lily]

I staked in regular pool how do i lock my stake , or is it too late

[exotic igloo]

You staked in flexible?

You had the option to stake in lock pool

If you staked in flexible you can withdraw and redo it again by staking in locked

[sonic lily]

Thanks , is it better in locked ?

[strong wharf]

more rewards

[stark apex]

Guys I'm trying to stake but why is my wallet balance not appearing I already connected my metamask wallet.

[exotic igloo]

Are you on main net?

[sonic wolf]

ughhh

spent 80$ for claim

[stark apex]

I already refresh the browser and I'm currently using metamask wallet. Do I need to add some network or tokens in my metamask?

[exotic igloo]

Feels bad eh

Anything for that compound juice

[sonic wolf]

looks like you dont have ILV?

[exotic igloo]

[stark apex]

Ok It's ok now. I need to swap my eth to ilv first in my metamask. thank you!

[stark apex]

Yeah I don't have ILV thanks!

[sonic wolf]

lol good

[candid plover]

Ew.

Gwei isn’t bad right now. Was it high 15 minutes ago?

[sonic wolf]

i think it was at about 37 gwei

[candid plover]

Boo

I caved at 19 a few hours back.

[rare bough]

Hi, it’s probably already asked before but is it possible to partly stake ‘flexible’ and partly ‘locked’?

Thanks!

[gloomy gazelle]

It’ll take different transactions.

[eager rover]

I just had a daunting realization.

Shiba swap is going nowhere

[quick bridge]

at least until it’s rugged 😬

https://twitter.com/fbsloxbt/status/1412826796731551753?s=21

fbslo (@fbsloXBT)

Multisig is 6/9, but 6 addresses are completely new, so there is no way of knowing who controls them. I think it's mostly smoke in mirrors to deceive users, while it provides no protection against rug pull. If they actually wanted to fix it, they would use timelock.

Twitter · Jul 7, 2021, 5:32 PM

[mental tangle]

I did the exact same thing man..... the hype took over my body when staking launched. i sent my transaction and immediatly after saw the other tab i actually wanted. The one where i could lock in for 12 months for 2x weight 😅
it was worth the gas to fix. not sure if there was a better way but 🤷‍♂️

[mental tangle]

i think things will calm down a little though. Hype will settle probably and gas will fall 🙏

[mental tangle]

https://tenor.com/view/when-calls-the-heart-hope-valley-kids-ava-cooper-graceyn-shinei-genea-charpentier-gif-11729851

[eager rover]

[mental tangle]

https://tenor.com/view/freaking-out-sheldon-inhale-exhale-breathe-in-breathe-out-hyperventilate-gif-15923517

[coral jackal]

Not that it really matter, but in theory, we would earn greater amounts of ILV from the sushi pool if the price is lower and the $ amount of trading remained the same, correct?

[wet timber]

The ilv ur claiming is going to be worth a lot more in a year than it is today

js

[sonic lily]

👍i might lock up too

[mental tangle]

Be very wary of gas prices man. As little guys it effects us more. Not sure if it's worth paying more to get the 2x weight sooner. When I did it gas was like 4 gwei

(NFA)

[brisk surge]

I have a fun math problem. I know I need to stake a portion of ILV for 7 more weeks. It's currently not locked and just generating at 1x. Should I unstake this 140 ILV then re-stake and lock for 1.13 weight for 7 weeks? Or just leave it at 1x?

[kind loom]

If you can catch low gas, I think it would be worth since 1.13 weight of 140 ILV would be the equivalent of approx 158 ILV. So it's like if you stake 18 more ILV for 7 weeks.

[brisk surge]

I think so

gonna do it

just so hard to tell what's low gas with this spike

[kind loom]

Gas was like 18 an hour ago, it will get back under 25 imo

[brisk surge]

Oh good, I'll keep eagle eyed on it

[ruby wing]

Happend to me too :((

@brisk surge are u in the LP?

I am going in now and just had a question for # of transactions

so I have my ILV, I go to the LP and put in equal amount of ILV/ETH. I confirm the transaction. Then I Get SLP tokens which I stake in the ETH/ILV pool on the website

So this will be 2 transactions

[brisk surge]

oh hm, you may need to approve

if you haven't done that before

approving will have costs (if I remember right) one time only

[ruby wing]

I already approved I think before

I have some in the single asset pool already

[brisk surge]

I believe it's another approval for the SLP pool

[ruby wing]

Ya I just paid it

no worries

whats the ratio for SLP tokens? Like If Im putting in 20ILV and an equal amount of ETH does it make sense Im getting like 3.6 SLP tokens?

[brisk surge]

Gas is lowest I've seen it in a while, still hurt when that tx failed

[brisk surge]

that sounds about right

[ruby wing]

Ok

so its just based on weight

I guess

[brisk surge]

Something like that!

[ruby wing]

Officially in the LP !!!

Locked 12 months

LETS GO

Haha

I have 3.63 SLP tokens

Hopefully thats worth it! LMAO

Im happy with my strategy so far, shall see if it pays off 🙂

Got good yield in the single pool for a week the moved 20% over to LP

[mental tangle]

https://tenor.com/view/bold-strategy-dodgeball-cotton-strategy-tactics-gif-4957668

[ruby wing]

Thanks so all you help guys :))

[ruby wing]

Great movie

Good one!!

Gn all

[fading kite]

should we staking ILV in order to play the game?

[fading kite]

Thank you Ami, when the game launch?

Wow great, is there anything we need to prepare before the game launch?

[tacit cedar]

Childcare, a bunker full of snacks, and time off from your job

But aside from that no - the game will have a free to play zone to test it, and you can use ethereum for in game activities

[fading kite]

I do read the white paper but speaking honestly not so understand 🤭🤭🤭 as i'm really newbie, for sure looking for fun and earn some money,

[prisma sedge]

When will seed sale tokens be unlocked ?

Pre-Seed Sale - They were offered 500,000 ILV at $1 USD each.
Seed Sale - All 1,500,000 $ILV were distributed at a price of $3 USD.

How about yield and team ?

[silk fog]

hey, any way to unlcok ilv from staking?

[prisma sedge]

alright, so all locked tokens at the moment will be started in 2022 30th march ?

[silk fog]

ah. I have put for 6 motnhs, no way to unlock now?

[prisma sedge]

i see, thank you.

[silk fog]

I'm since day 1 here and I know it will 10x, but found a gem that will more x 😄 anyway, ok 🙂

thx

[mental tangle]

Send to wade when he wakes 😂

[quick bridge]

awesome! any more details?

wondering if I should still be using fastest gas to ensure getting ILV instead of sILV

[queen panther]

missed my chance to claim this morning around 20 gwei, got greedy for lower 😦

[mental tangle]

Gotinb4 19 and praised Loovie Jesus

[ashen dust]

!gas

[knotty river]

WW

:fuelpump: Current gas prices

Slow :turtle: | **>10 minutes**

17 Gwei

Average :person_walking: | **3 minutes**

21 Gwei

Fast :zap: | **15 seconds**

24 Gwei

Fetched from etherscan Use !help to get the list of commands

[exotic igloo]

Noice

[eager rover]

Forgot to claim for like 2 days

Gg

[ashen dust]

Anybody having problems with their rewards today? Typically when I claim i get two transactions to my MetaMask (one for Ilv and one for the slp) I’m only getting the ilv transaction. I have tried multiple times and no luck. Any suggestions??

[eager rover]

You didn’t claim both transaction ?

[exotic igloo]

Did you click claim ILV in the SLP pool

[ashen dust]

Yes I clicked ilv in the slp pool and then went to my MetaMask wallet. I got one transaction right away and approved it, but never received the second transaction

I claim every 24-36hours and never had this happen before. So just curious if anyone else was having the same issue.

[ionic sigil]

is tracker dead?

!gas

[exotic igloo]

Dead again

[exotic igloo]

@midnight geyser

[coral jackal]

We getting 5 gwei gas tonight. I can feel it coming

[candid plover]

Agreed. I’m being patient lol

[ashen dust]

I can’t believe we are not over $100. I’m doubling down tonight. In my opinion this is the safest place to put any money!

[exotic igloo]

Yes

100% ILV yield farming

I sleep like a baby

I dont even look at the narket anymore

[wary oriole]

suprised its not over 200

[mental tangle]

Anyone tell the rate at which our payout amount is updated? I can't remember and would like to math
6 hours? So 4x a day?

[misty karma]

What do you mean? Mine updates live, well have to f5 that’s it though.

[mental tangle]

Ah. I shall track on my own then. Mine typically updated after like 6 hours with like +0.02. which seems to be the case again. My guess is my new added stake will speed up my rate slightly.

I had wrongly assumed that it updated on a set basis for everyone every 6 hours or so

Small shrimp🍤 problems

[spice plinth]

I wish I was smarter so I knew at what gas price it was worth to withdraw my ILV for compounding..

[misty karma]

Hey any gains is gains. But yeah it’s just based on how much you have in there rather than a time limit.

[wary oriole]

anyone claimed sILV whats the difference

[glad sleet]

sILV can be used as in game currency while ILV cannot

[wary oriole]

got ya

what game currency. i rather have game currency

i mean. WOW. not what.

sorry

[glad sleet]

ETH is the main currency.

Lol no worries.

[wary oriole]

what are u guys claiming. Game curreny or ilv

[glad sleet]

If you claim ILV it will compound with your staking amount for more rewards.

[wary oriole]

hmmmmmmm

[glad sleet]

Personally I claim ILV.

[wary oriole]

it automaticaly compounds?

[mental tangle]

I'm claiming ILV until the game comes out. Or well. For at least the year I've locked in.... And then probably start claiming sILV

[glad sleet]

No you must claim, then it adds to your total amount vested which then adds to your total ILV.

Manual compound.

[wary oriole]

i didnt lock my one in. does it matter.

[mental tangle]

Probably will be just re-upping my 1 year lock up in staking. Every year. Perpetually. This is a loooooooong term hold for me. Pretty sure I can claim ILV or sILV as I please so 🤷‍♂️

[glad sleet]

The lock increases your weight in the pool. Longer the lock the higher the rewards

[wary oriole]

okay. just to clarify, my tokens of ILV are not locked. but if i claim it, it will automatically compound? correct?

[glad sleet]

I believe so yes.

Not sure @exotic igloo can you confirm

[gloomy gazelle]

When you claim ILV as your reward then the amount that you are claiming is vested and locked for 12 months and will then be earning at a 2x weight. All in one transaction.

So yeah it takes your interest and reinvests it. So compounding yes.

But it does not keep compounding again and again. Not until you claim/vest again.

[mental tangle]

Which is unfortunate. Because gas ⛽
RIP

Is the consensus still that for LP to be worth it you should aim for $2k/$2k
At the bare minimum?

Or was the "$2k" a $1k/$1k split. Because I'm starting to come in H O T

[gloomy gazelle]

Chances are if you aren’t able to compound those rewards your impermanent loss is significant enough that you would have been better off hold ilv only or even eth/ilv just not in a liquidity pool. But that’s all speculation. But we do expect ILV to make some gains soooooo

[kind loom]

@exotic igloo said to me 1k of each was enough, but I also have 5k in ILV only. For reference, I almost make the same interest on both pools with these amounts.

[mental tangle]

So if I had 2k it would be superior to go LP over ILV 🤔
Noted

[kind loom]

I think so, but the gas cost is also higher to claim in LP as you have to use fast gas (I think) and there is 2 tx.

You have to consider IL too, but still worth imo.

[wary oriole]

cool

[mental tangle]

https://tenor.com/view/monsieur-cat-aristocat-oscar-gif-15891571

29@$63.96
Not bad

[exotic igloo]

it's claiming time

a juicy one

[brisk surge]

Ooh juicy gas

[exotic igloo]

Claimed at 12 gwei

went through no problem

20$ total

[solar cedar]

Wait for Sunday. Single digit gwei

[exotic igloo]

Maybe not this time around

I am comfortable compounding a fat stack at 12 gwei

[solar cedar]

https://tenor.com/view/john-candy-great-outdoors-smile-gif-13515511

[fossil sinew]

just claimed at 7 gwei 👌 watching it compound at 10% like 🤤

[terse jackal]

are the SNX pool rewards also subject to 12 months vesting?

[dusk fossil]

if i wanted to stake do you have to claim rewards straight away? is there a benefit to doing that

[strong wharf]

your claimed rewards compound

so they count as being staked aswell. So from time to time , best to claim some

[dusk fossil]

ok thanks

[fleet pivot]

pools in staking are visible only if I have ilv in my wallet?

[coral umbra]

you can see the pools even if you dont have ILV

[coral jackal]

And we're back 🥳

[exotic igloo]

Yes

[twin skiff]

Hey guys, I am new here, I got seduced by that smexy lynx hologram (good job marketing 😆 )

Is there an enddate untill we can stake for the game?

[exotic igloo]

You have the same avatar as someone else lol

Sus

[exotic igloo]

What do you mean by that?

ILV is not used in game. The yield farming program is for 3 years

Revenues distributions will begin when the game launches and it will continue forever

[twin skiff]

Ya, i stole the avatar from some Star Citizen forum, ahh OK, so the staking will run alongside the game, cheers mate

[exotic igloo]

Yes exactly! Thanks for letting me know where it comes from

[mental tangle]

star citizen forum wow.... It could be ancient!

[hybrid cloak]

hey all, just wondering if anyone could give advice as to how often i should claim, i'm a shrimp but want to make the most out of the compounding opportunities. thanks

[exotic igloo]

I personally wait for more than 10 ILV worth of rewards before claiming and I wait for low gas as well

10 to 15

[hybrid cloak]

ah great thankyou

[kind loom]

Hi mate! As it may take a while to accumulate 10 ILV depending on the amount you are staking, I was personally claiming between 2-5 ILV when gas was really low (around 5 gwei). It depends also if you are staking in the single asset pool or SLP.

[exotic igloo]

I just claimed at 10 gwei

https://tenor.com/view/more-kylo-ren-adam-driver-screaming-star-wars-gif-17734637

[kind loom]

Gotta feed the whale.

[mental tangle]

https://tenor.com/view/hungry-please-sir-may-i-have-some-more-oliver-mark-lester-poor-gif-7821643
Stronk

[eager rover]

i gotta claim at like 4 gwei for all the claiming ive been doing at 20+

[open spear]

What is the vesting reward %? Is it the same as single side staking?

[exotic igloo]

Yes

The rewards are locked in the ILV pool once claimed for 12 months at a weight of 2.0

[open spear]

sweet

[fleet owl]

hello,

if i stake for a maxiumum of 52 weeks, and then new KYC rules are applied, would the illuvium dev team unlock the funds, or will I be forced to KYC to get access to them after 52 weeks is over? (assuming kyc is enacted)

Ty

[exotic igloo]

That is a question I can't answer. @opal elm will be able to

[opal elm]

We will no longer be doing KYC. That message will be removed tomorrow

[old nimbus]

Do you know if the yield reduces slowly over time?

[gloomy gazelle]

Are you on the right network?

[brisk surge]

Thanks! xdefi showing BSC sorry bout that, will delete now to avoid confusion

[gloomy gazelle]

No worrries it happens. Plenty before.

[fleet owl]

The "approve" within metamask is greyed out when confirming my ILV stake,

what do i do?

[gloomy gazelle]

Hmm and it doesn’t work then… do you have enough eth?

[fleet owl]

just realized the ILV are in a new address, that i didn't send eth to yet... thanks!

is SNX staking still happening?

[coral umbra]

yes

[fleet owl]

cool

how long does it last for?

[coral umbra]

2 weeks

15 days

[fleet owl]

did it already start, or does it start when i join?

[coral umbra]

started at june 30

[fleet owl]

oh

so like 5 days left

[brisk surge]

gas is great!

[fleet owl]

sure is 🙂

[brisk surge]

can't believe 1 ILV is nearly 100

well, I believe it, it's just nice!

[coral umbra]

how is your IL guys, my ILV is down 17%

[solar cedar]

How? Isn't ILV at ATH currently?

[manic spindle]

ATH was $115 so we're not there just yet again 🙂 IL isn't tied to ATH either to my knowledge but rather based upon the relative value decrease/increase of the two (or more) tokens included in the pool. And since $ILV had a lot more value increase compared to $ETH lately, this means that $ETH is increasing in ratio. Could obviously change again.

[solar cedar]

Impermanent loss. Right. I doubt his down 17% then. That's like over a 4 fold divergence. Has there been LP staking for that long?

[manic spindle]

Staking started on June 30 and since then ILV did make quite a jump

[coral umbra]

yes according to apy.vision my total amount of ILV in LP is down 17%

[primal dagger]

Rekt

Single stake pool has no impermanent loss

[solar cedar]

30th June was $60. IL isnt that high

[coral umbra]

people bought ILV, they take out ILV , they got my ILV thats why im down

[solar cedar]

No. IL is the AMM pool washing that 50% price point between the tokens. Noone can remove tokens from an IPT, the 50/50 values just change between them.

Eth down like 8% and ILV up like 60%

Can't be that high. Not even a single doubling of price divergence.

[thick sentinel]

If I claim ILV I dont see them anywhere (compounding etc.) is it a UI problem?

[uneven laurel]

you don't see them under "Vesting" ?

[solar cedar]

But the weth LP started 30th June?

Or were you in prior to the staking launch?

Ok. Then if you bought at like $28 or something and LPd with weth straight away, you could be at that kind of IL

The bigger loss is if you had just use that weth to buy double the ILV in the first place.

That % loss would be much much higher

Never heard of IG

[gaunt mist]

Soooo…. I kinda feel like LP’ing some ILV… the gains are just madness

And naked staking … meh

[gaunt mist]

Instagram 🤌🏾

[drifting shell]

I've done it

I've earnt 100ILV in rewards

[manic spindle]

Congrats you whale 😄

[drifting shell]

haha, i wish

I know a lot of people that put in like 6 figures

I just doubled down wwhen ILV was getting cheaper

So now my average price of buy is $35

rather than $79 at IDO

an actual whale put like $1.3m in ETH/ILV for farming

[queen panther]

one of the best averages for sure

I broke my account trying to get like a 40-45 avg

[manic spindle]

Yeah, $35 is sick. I'm sitting at $50 and I know that's not bad already, but $35, especially if that's more than just 1-2 $ILV, thats amazing and will pay off many times 🙂

[gaunt mist]

Hmmmm aight… not sure we’ll see those low numbers still but I’m avg around 50 now which aint’t bad

[manic spindle]

$50 is absolutely amazing. This is even below the Balancer Sale averages. You got in so early and so profitably, just enjoy the ride 🙂

[gaunt mist]

Yea, but I want more 🤣

Just didn’t have enough fiat at the right time 😭

[drifting shell]

Dont get me wrong

I definitely got a better end of the deal with $35

Because I religiously poured in more eth that even when I wanted to when i first started and I have a steady supply of ETH that replenishes

But anything below $60-$70 is damn well respectable

[exotic igloo]

Like we all did.

We didnt have enough for all the dips

And the most important one

[sonic wolf]

I think that is the biggest regret of everybody

not having enough money to buy dips

🤣

[drifting shell]

Even i wanted to get more, lmao

[exotic igloo]

https://tenor.com/view/illuvium-ilv-illuviumio-whale-yield-farm-gif-22293367

[drifting shell]

#Goals

[final steppe]

Riiiiight?! Agh. I still managed to get a little buy in at $34…. but had bigger buys at higher prices for sure. But all below 100 so I’m still cheesin 😁

[mental tangle]

👆

My TFSA is ready let's goooooooo

Can we plan wide scale fud for.... Checks Questrade info
1 week from Monday 🤣

[exotic igloo]

Hahahahha

I wish

[mental tangle]

I'm over here checking which accounts I haven't drained yet 😂