Fill up ur bag of
$WHALE but know what you are doing.
Now may be a great time to fill your bag of
$WHALE and deposit LST-WHALE WHALE into the Terra Liquidity Alliance (
@eris_protocol) for ~ 100% yield paid out in
$LUNA. Or autocompound and increase the yield further to almost 200%. Check the yields out at:
erisprotocol.com/terra/liquiβ¦.
However, be careful or you may limit your returns. Some considerations:
1β£ You own LST-WHALE from Alliance Hub. Due to recent high selling of LST - WHALE into the LST-WHALE - WHALE LP, both ampWHALE and bWHALE are selling at ~1:1 WHALE, which is ~10% discount to their value after unstaking (ampWHALE = 1.12 WHALE; bWHALE = 1.06 WHALE). Therefore, selling or using the ZAP function results in a 10% loss on the LST-WHALE compared with unstaking (21 days). Given the yields on the LPs, it is better to unstake 21 days then enter the LP rather than take the loss.
Unstake 0.5x:
erisprotocol.com/migaloo/ampβ¦
app.backbonelabs.io/gravedigβ¦
Remember to claim after 21 days. Add to Single TLA LP on Eris Liquidity page (see link above).
Each LP now has an "AMPLIFY" button that enables autocompounding of the LP. This is tax and tx efficient, and provides greater yield through compounding more often.
2β£ You own WHALE or other tokens.
$WHALE is close to historic lows due the FUD around Alliance Hub (even tho TLA Single may provide similar yieds). Swap into
$WHALE, the swap 0.5x into LST-WHALE and earn 10% bonus. NOTE: verify your swap rate on WW dex to confirm bonus.
Do not use the STAKE feature on Eris/BBL, because you lose the bonus.
Deposit in Single LPs as described above. Use Amplify button to boost yield.
Robostaking launched Terra and Jackal validators that are in the active set. If you appreciate this content and an independent, community validator with a low 5% fee, please consider (re)delegating to us.
Disclaimer: Informational.
#DYOR.
#NFA. You may lose your funds in Crypto. Robostaking is a validator on Terra, Jackal, Migaloo, Orai, Odin, and Seda. Robostaking owns WHALE, LUNA, and ASTRO.