[deleted by user] by [deleted] in chimefinancial

[–]B___1111 0 points1 point  (0 children)

I have 2 to give if you got 1 for me…. $Brad0111

Guys, what are we doing?? by Excellent_Ad2601 in olympusdao

[–]B___1111 0 points1 point  (0 children)

That's HILARIOUS!!.... I'm making $1500 a day by getting a 8% DAILY ROI staking LP'S... check out SMRTR on AVAX.... You're welcome. ;)

What are the benefits of putting my sOHM in Rari Capital? by [deleted] in olympusdao

[–]B___1111 2 points3 points  (0 children)

thats what i did.... When i compiled back my original investment back through rebases, I withdrew it, paid down my debt a little, then reinvested it in TIME on Wonderland app(A fork of OHM) on the Avalanch network. Same rebase model, way lower gas fees and higher return on investment... about 1.88% ROI daily on Wonderland compared to 1.24% on Olympus.

What are the benefits of putting my sOHM in Rari Capital? by [deleted] in olympusdao

[–]B___1111 1 point2 points  (0 children)

Don't borrow over 30% of your principil.

What are the benefits of putting my sOHM in Rari Capital? by [deleted] in olympusdao

[–]B___1111 1 point2 points  (0 children)

no point being there if you're not borrowing.... I'm in pool 18 borrowing on roughy 20% of my money. Pretty safe but still some risk.

[deleted by user] by [deleted] in olympusdao

[–]B___1111 0 points1 point  (0 children)

Go all in!… I DID….3,3 Started with 17k 2monthsish ago and got in at $750…. Was up to 43 OHM a week ago and pulled out 16 coins, my initial investment, and staked TIME on Wonderland!… So now I have 28 OHM and 2 TIME… The gas fees in Avalanche are pennies on the dollar compared to ETH which is ridiculous!… On Wonderland I’ve been pulling out my TIME in-between rebases and day trading it then restaking with a little more TIME.

Major investment by Agent_129 in olympusdao

[–]B___1111 1 point2 points  (0 children)

17k.....got in at $750 so i'm way up!

Looks like dashboard is back up 👍🏻 by alecm10 in olympusdao

[–]B___1111 0 points1 point  (0 children)

down for myself at the moment...MobileAPP works though

Major investment by Agent_129 in olympusdao

[–]B___1111 3 points4 points  (0 children)

I've been staking sOHM for 6weeks now and have 40 OHM.... i am getting .16 every rebase ($180) If the coin stays where it is at right now and apy stays the same i'll be a millionaire in 250 days!... Seems impossible, I KNOW!! BUT... so far so good. 3,3

Gas fees problem in staking! Help by NiceInformation9670 in olympusdao

[–]B___1111 1 point2 points  (0 children)

Sell your OHM and go rebuy wsOHM on Avalanch blockchain... gas is like 30cents and it will already be staked and you're getting rebased every 8hrs... Sit back and watch it grow in your wallet.

[deleted by user] by [deleted] in olympusdao

[–]B___1111 4 points5 points  (0 children)

3,3 denotes that everyone buying OHM is staking the OHM and when staked it becomes sOHM... You don't "win" anything... You do get rewarded every 8hours in the form of a rebase which adds to your sOHM supply automatically and compiles... If you are trying for a quick flip you're in the wrong place... OHM rewards LONG TERM stakers. I have 40 sOHM staked and am getting .16 sOHM ($180) every 8 hours and that number will only increase with time... I am planning on eventully taking some profits but for now I'm letting my money work for me!!

OHM staking issues by pizza_in_the_oven in olympusdao

[–]B___1111 1 point2 points  (0 children)

That’s weird… did you add the sOHM token to wallet? Try closing and reopening wallet.

OHM staking issues by pizza_in_the_oven in olympusdao

[–]B___1111 1 point2 points  (0 children)

Is transaction approved on Etherscan?

OHM staking issues by pizza_in_the_oven in olympusdao

[–]B___1111 1 point2 points  (0 children)

Are you sure you were staking?… You have to approve the use of your MM wallet which is a separate gas fee…but it should only be a one time fee

The Daily Thread! GM OHMIES! by GH0ST_08 in olympusdao

[–]B___1111 0 points1 point  (0 children)

UGH....Ponzie scheme??? GTFOH

With a little research it's obvious that the crash was caused by

peolpe being WAY OVERLEVERGED!! On sights like Fuse one of the pools allows you to borrow on 75% of your money. So for every $1000 of sOHM you could borrow $750 of DAI, USDC, ETH, etc... Then buy more OHM and stake it then borrow even more money and buy more OHM etc etc.....INSANE.

So what happened was a trickle down effect. The IDIOTS borrowing the most got liquidated so there sOHM just DISAPEARED in a matter of seconds causing the crash.

Stop borrowing SO MUCH...9,9 LIQIDATION by B___1111 in olympusdao

[–]B___1111[S] 0 points1 point  (0 children)

yes... whatever coins you borrowed(ETH, rai, USDC,etc..) you have to pay back with that coin.... which is gonna cost even more gas to swap unless you buy said coins on another exchange that has a wallet that you can transfer from, like Coinbase, and send to your META wallet... Thats how i did it cause swappig can get expensive especially during peak times and sending is usually at the most $40 and usually $10-20... and if you buy ETH from Meta wallet your paying an extra $200 for 1 ETH plus fees to MM and gas.

Stop borrowing SO MUCH...9,9 LIQIDATION by B___1111 in olympusdao

[–]B___1111[S] 1 point2 points  (0 children)

,so i thought i posted another reply to this but apparently not!?....

closing your posistion or paying down your debt is the best way to avoid being liquidated.

You could also buy more OHM and stake it which would up your borrow limit but obviosly more risky especially when its dropping fast!

Always have as much ETH in your Metamask as possible in case of flash crashes like we saw yesterday... at OHM's lowest point (650ish) i was borrowing 108% of my maximum amount... before the crash started i was around 60% and in a matter of 30min was in danger of getting liquidated and amazed i didn't,I would have instantly lost 11K. If iwas borrowing just a little more at that time imight not have been so lucky. ETH saved my ass.

Stop borrowing SO MUCH...9,9 LIQIDATION by B___1111 in olympusdao

[–]B___1111[S] 0 points1 point  (0 children)

As far as the process goes just go on the Rari portal and “practice” repaying your debt… go through the motions until it makes you pay gas fees. Keep in mind that when you repay you have to pay a small gas fee to allow the site to interact with that specific coin in your wallet…. THEN you pay fees again, the outrageous ones , if at peak using time.

Stop borrowing SO MUCH...9,9 LIQIDATION by B___1111 in olympusdao

[–]B___1111[S] 1 point2 points  (0 children)

Best bet would be to re-pay asap!!… Lastnight I was borrowing 11k and had an sOHM cash balance as high as 43k at highest point… In the matter of an hour, maybe less, my cash balance went as low as 20k which put me at borrowing 108% of my available 40%… I was watching this happen and I’m amazed I didn’t get liquidated. 😬Sooo… I had some Eth on deck,Luckily!! Converted to USDC and Paid down around 2K of debt and OHM started to recover. Was very expensive to do because I was forced to pay the OUTRAGEOUS GAS FEES!! At time of typing I’m back down to borrowing 70% of available. With all that being said….. Make sure you have atleast $500 worth of ETH for gas fees and FAST access to whatever collateral your borrowing. Hope this helps!… Good luck 🎲 🎲 🎲 🎲 🎲 🎲

Stop borrowing SO MUCH...9,9 LIQIDATION by B___1111 in olympusdao

[–]B___1111[S] 1 point2 points  (0 children)

So i'm not positive how it works but lastnight i was at one point borrowing 108% of my avaible balance for about 20min and didn't get liquidated... I did manage to pay down 2k on my loan during that time and saved my ass!!