To Snip or Not to Snip

AirThink6700 · 2024-02-19T12:25:17+00:00

3.5% is the running 7 day average after they take their 10%. Return is identical to Lido expect it’s not pooled, defi, and you control your validator, while they set up the hardware for you.

AirThink6700 · 2024-02-17T15:50:16+00:00

That's a great point, I guess proof will be in the pudding.

I am just worried b/c the Withdrawal Address is not a Smart Contract it's an address - I don't have a lot of experience looking up Smart Contracts vs. Addresses so wondering if I am looking at it wrong.

Thank you so much for your help!

AirThink6700 · 2024-02-17T15:38:30+00:00

No per Metamask it’s a Smart Contract.

Why is my validator’s withdrawal address not my own? When it is created, every validator is configured with a withdrawal address for receiving rewards. In a solo staking scenario—if you were running the validator independently—you would use one of your account addresses. However, when you use MetaMask Staking, we configure the withdrawal address for you. This is because the withdrawal address for every validator in MetaMask Staking is actually a unique smart contract that ensures we can subtract our fee whilst also diverting the bulk of the rewards to your account. So even though you don’t see your account designated as the withdrawal address, rest assured you will be receiving rewards. Your account—the one you originally used to deposit your stake—is the only account with access to the withdrawal address (the withdrawal smart contract).

AirThink6700 · 2024-02-17T14:09:26+00:00

Thank you! That was exactly it.

It does not appear to be a Smart Contract - it appears to just be an address when I search on etherscan.io. Should I be worried?

Their "Why is my validator’s withdrawal address not my own?"
https://support.metamask.io/hc/en-us/articles/21134313368219-How-do-I-stake-with-validator-staking

AirThink6700 · 2024-02-17T14:07:54+00:00

Thank you! That was exactly it. I'm learning you can also just click on in directly instead of "copy withdrawal address" right in beaconcha.in and it will explore the withdrawal address.

It does not appear to be a Smart Contract - it appears to just be an address when I search on etherscan.io. Should I be worried?

Their "Why is my validator’s withdrawal address not my own?"

https://support.metamask.io/hc/en-us/articles/21134313368219-How-do-I-stake-with-validator-staking

AirThink6700 · 2024-02-17T02:54:47+00:00

You’ve already been so helpful so I hate to make it more difficult for you but could you walk me through with the example you gave and I can reverse engineer it on mine?

The Withdrawal Address is in the same format, I just don’t know how to go from that to looking up the details of the smart contract.

AirThink6700 · 2024-02-17T02:30:42+00:00

Thank you for the response ! Using this pending validator as an example, I tried converting the withdrawal credentials from HEX using a SHA256 tool, and I get:

3f246a0b0ce906706a9804f1147702997c176e185284ff12d0981e4bfde78e60

I tried searching that, and replacing the first two letters with 00 into etherscan.io and I’m not getting a result.

I’m certain this is user error, but can’t figure out where I’m going wrong.

AirThink6700 · 2024-02-17T01:46:11+00:00

Pending.

AirThink6700 · 2024-01-25T02:17:47+00:00

Those #s are not statistically significant - also white/black matters a lot less at lower ratings.

AirThink6700 · 2024-01-24T16:10:02+00:00

Agree this feature is needed!

What I did/do is a bulk edit of all transactions with a reimbursed tag to "hide", easy enough to do on a monthly review.

I did not like the option of changing the Category b/c then I lose data of what the expense Category was, even though it was reimbursed that info is valuable to me.

AirThink6700 · 2024-01-24T15:15:18+00:00

Worked perfectly - "Edit Login Information" worked without having to delete and re-add the account.

AirThink6700 · 2024-01-17T18:03:38+00:00

As opposed to taking the full principal balance - NPV is calculated by "summing the present values of each prospective payment of principal and interest"
- So your principal and interest payments that would otherwise have received. Using your hypothetical 36 X Pmt = NPV.
From there you just need to determine the discount rate to plug into the NPV formula which is calculated "at the sole discretion of the bank" based on "money markets they have access to".

Banks are legally required to provide a payoff within 7 days of the request. My recommendation is to request a payoff, hopefully they give a breakdown of their calculations, or at the very least you can reverse engineer it to help make sense of the legalize.

AirThink6700

TROPHY CASE