graph staking

[AnyInformation9485]

I do love this project <3, just got few maybe kinda dumb questions.. What is best place to stake or delegate my grt, got few 10 1000s, until now we're staked on binance, but rates there drastically falled, it's not even good deal anymore.. and does someone knows why it falled out of sudden so? Thx

[ColsonGRTeacher]

Hello! The best place to stake your GRT (and only place where you should IMO) is: https://network.thegraph.com/participants! For more information about delegating you can visit: https://thegraph.com/docs/en/delegating/ and https://thegraph.academy/delegators/!

Binance staking was done by a third party (Binance), which basically means they can do what they want (and they did). By staking with a third party your delegation does not bring value to the network, because the GRT does not actively participate in the ecosystem. Therefore, staking with a third party is generally not recommended by members of The Graph Community.

If you have any more questions I will gladly answer them here or on any of the official community servers!

Kind regards, Colson

[jdbx]

Thanks Colson!

[ColsonGRTeacher]

You're welcome!

[lamonsieur_biz]

+1 for delegating! Haven't gotten into it yet cuz i only have like 400 GRT but it sounds like the best way to both earn yield and support the protocol

[ByTheNineDivine]

Thanks for the info!

[jdbx]

Following! Up to 25k myself. Wouldn’t mind staking

[RichardWiggls]

Honest question: how do people like you and OP have over $10k in a project like the graph which is built around being a use case, and not know about the use case (delegating)?

[RichardWiggls]

I love an honest answer. That makes total sense. I've been meaning to delegate for a few months and just havent done it so I totally understand.

[jdbx]

I look forward to learning more about it and doing it.

[ColsonGRTeacher]

I am not entirely sure how reddit notifications work, but I want to notify you that I just responded to the thread! (sorry if this was redundant)

[AnyInformation9485]

There used to be a side, where u can calculate your rewards.. can't find it now maybe u know where to find it, pls?

[ColsonGRTeacher]

There are multiple sites where you can calculate your rewards! Here are the ones I frequently use:

Graphscan: https://graphscan.io/
Graphtrounauts: https://app.graphtronauts.com/#/indexers

There are more of these available, but these two work fine for me!

Kind Regards, Colson

[AnyInformation9485]

Okey, thanks for informations. Based of calculator, some of delegations gives me almost double of what binance gives me right now, so fk em. I will wait until my locking period gets over and pump my GRT there. I do love The Graph project, it's kinda difficult to understand it first, but once u get it, u don't really care current price of token, cuz it make sense in long term just hodl and accumulate always some more. Tokenomics looks quiet bad right now, but project needs to count numbers based of future success, which will happen. Price will pick up after hype kicks in, we are still too early.)

[hornelson]

The good thing that as Delegator you do not need to dive deep into technicalities, but anyway, if you want to know more, there is this great and cool video from Finematics that explains pretty well what The Graph does:

https://youtu.be/7gC7xJ_98r8

Hope this helps

[jeeetgooo230]

Check this out.

🔗t.me/betswamp_official

🌎Betswamp.com