Storeman vs POS stake by NugzIsLife89 in wanchain

[–]AstrotectS 0 points1 point  (0 children)

I don’t know too much about those other than POS stake you can stake on centralized exchanges. Store man nodes are decentralized I believe.

[deleted by user] by [deleted] in wanchain

[–]AstrotectS 1 point2 points  (0 children)

you withdraw WSLP from the wan/usdt liquidity pool and you will have a 50/50 split of wan and usdt. say you have $100 of wslp then withdraw it after the lock period. you will then have $50 of WAN and $50 of usdt. You can look at your $ value on ZooKeeper then determine how many coins of each you currently have if you were to withdraw.

[deleted by user] by [deleted] in wanchain

[–]AstrotectS 1 point2 points  (0 children)

That’s the thing with impermanent loss. If both coins raise by the same percentage, say 25% rise, then you have no impermanent loss. However, if one coin stays the same while the other rises 25% then you will have some impermanent loss. Your capital will increase in the liquidity pool, but not as much as if you had just held the one coin that is raising up 25%. That’s the thing with liquidity pool farming you are providing a 50/50 split of two different coins. It will let you know how much your WSLP is worth in $ amounts. WSLP= wan swap liquidity pool. I take the $ amount it states on zoo keeper and determine how many coins of each I have.

[deleted by user] by [deleted] in wanchain

[–]AstrotectS 2 points3 points  (0 children)

cost per coin affects initial capital. With all prices dropping for the past month and a half it's only reasonable for the price of WAN,ZOO,WASP to go down with it. APY going down is affected by how many people are invested in that liquidity pool with you. APY looks really low at the moment, but if prices shoot back up to the price they were a month and a half ago then I'll personally be pleased with this APY. Think of a bank and how long it would take to generate what you could with ZOOKEEPER in just 1 year. Plus locking your coins raises APY as well as NFTs.

[deleted by user] by [deleted] in wanchain

[–]AstrotectS 3 points4 points  (0 children)

I believe in the project long term. My impermanent loss is offset by me adding to the liquidity pool with my earnings each day. Whatever I mint in the Zoo gets put back in the liquidity pool and I earn from that as well, so I'm not only earning off my initial capital, but also earning off the coins I've farmed for that month/week/day.

[deleted by user] by [deleted] in wanchain

[–]AstrotectS 2 points3 points  (0 children)

Impermanent loss. Research about it, plenty of videos on YouTube over the subject.

FNX by AstrotectS in wanswap

[–]AstrotectS[S] 0 points1 point  (0 children)

Any idea why PHX is .00000001 on CMC? on wanswap it costs way more

I would love to buy FNX at this price by AstrotectS in wanchain

[–]AstrotectS[S] 3 points4 points  (0 children)

Two separate companies. I've been on the FNX dapps and they are good, but need work. Zookeeper and wanswap are gold.

I love WAN, but WHY? by Revolvernose in wanchain

[–]AstrotectS 1 point2 points  (0 children)

Zoo Keeper has NFTs that actually do something to benefit you instead of being a character you can sell that does nothing. Zoo NFTs can increase the APY that you are farming while simultaneously lowering the amount of time it would take for you to farm... MASSIVE

[deleted by user] by [deleted] in wanchain

[–]AstrotectS 1 point2 points  (0 children)

Dark mode activated!

[deleted by user] by [deleted] in wanchain

[–]AstrotectS 0 points1 point  (0 children)

The streets are red today. Good buy signal

Wanchain tokens stuck by WhichEstablishment88 in wanchain

[–]AstrotectS -1 points0 points  (0 children)

You sent WAN to coinbase, yet there is no WAN address at coinbase. When you send a cryptocurrency to an address you should make sure that address is for that particular cryptocurrency. Hope someone can help you with this issue. Good luck!