✅ pSTAKE | Which Gains after 40-Day?
Last month, I had invested 6.9 $ATOM and 140 $STARS to test this liquid staking protocol, and today I just regret not having invested more!
1️⃣ stkATOM APY increased from 14.22% to 14.39% (all rewards are auto-compounded daily)
2️⃣ The value of 1 stkATOM increased from 1.26 to 1.30 $ATOM, or +3.17%
3️⃣ In case of today I would like to withdraw all my $ATOM by unstaking stkATOM (no fees) then I will get back almost 9 $ATOM, equal to 2 FREE $ATOM or +30% gains
4️⃣ For extra-gains in DeFi, the staking pool stkATOM/ATOM from Dexter protocol offers 18.27% APR (not tested)
🚼 I finally transferer a few more $ATOM via IBC from #CosmosHub to #Persitence chain in order to increase to 11 stkATOM my #LST into #pSTAKE protocol 😁
FTI, All $ATOM tokens invested in #pStake come solely from rewards generated by #LST on #Stride (not from any cash or USDT)
Last month, I had invested 6.9 $ATOM and 140 $STARS to test this liquid staking protocol, and today I just regret not having invested more!
1️⃣ stkATOM APY increased from 14.22% to 14.39% (all rewards are auto-compounded daily)
2️⃣ The value of 1 stkATOM increased from 1.26 to 1.30 $ATOM, or +3.17%
3️⃣ In case of today I would like to withdraw all my $ATOM by unstaking stkATOM (no fees) then I will get back almost 9 $ATOM, equal to 2 FREE $ATOM or +30% gains
4️⃣ For extra-gains in DeFi, the staking pool stkATOM/ATOM from Dexter protocol offers 18.27% APR (not tested)
🚼 I finally transferer a few more $ATOM via IBC from #CosmosHub to #Persitence chain in order to increase to 11 stkATOM my #LST into #pSTAKE protocol 😁
FTI, All $ATOM tokens invested in #pStake come solely from rewards generated by #LST on #Stride (not from any cash or USDT)