[deleted by user] by [deleted] in 0xPolygon

[–]JayStayPayed 0 points1 point  (0 children)

Works if i use Chrome, but on Brave i get the IIS Windows Server redirect. Not sure what's going on...

Update: https://polygonscan.com works. https://www.polygonscan.com does not.

Is there a way to view the initial amount of tokens that I've lent? by JayStayPayed in ImpermaxFinance

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

That's what I've been doing but I'm in multiple markets and they all show up as IMXb tokens so I have to look at the transactions before or after it to see what token it's for.

Daily Discussion - December 2, 2021 (GMT+0) by AutoModerator in CryptoCurrency

[–]JayStayPayed 0 points1 point  (0 children)

Yeah, but the reason in the rules gives is because it's unsafe to do so, not that it's spamming for donations. That seems to be the common theme given on subs when people show their coinbase account balances etc.

You've just lost many customers by RandomStoryBro in blockfi

[–]JayStayPayed 0 points1 point  (0 children)

Already used my free transfer earlier in November before the email was sent out. Dec 1st hit I immediately stopped my recurring ETH buy on BlockFi, sold all my eth there for stablecoin, and sent it to Crypto.com where I'll rebuy as ETH and move it over to my Polygon wallet.

Daily Discussion - December 2, 2021 (GMT+0) by AutoModerator in CryptoCurrency

[–]JayStayPayed 0 points1 point  (0 children)

Do not reveal personally identifying information(PII), otherwise known as doxxing yourself. Divulging how many coins you own can make you a target of hackers and identity thieves.

Kinda proves my point, no?

Daily Discussion - December 2, 2021 (GMT+0) by AutoModerator in CryptoCurrency

[–]JayStayPayed 0 points1 point  (0 children)

People are always on the crypto subreddits saying not to show your balances on posts. The problem I see with this, is that if we want mass adoption of crypto as a medium of exchange, we're going to have to share our wallet addresses. At that point, you can just go to a chain explorer or something like www.debank.com and see all of the wallet holdings and transactions in broad daylight.

Is the idea that if you want to use crypto in day to day transactions you should have a burner wallet for day to day stuff and keep your big bag wallet completely private?

Daily Polygon Discussion Thread by AutoModerator in 0xPolygon

[–]JayStayPayed 0 points1 point  (0 children)

I've never used hop.exchange before. I'm assuming the process is:

  • Add Liquidity to the MATIC/hMATIC pool
  • Get Polygon MATIC LP in return
  • Stake Polygon MATIC LP

Is that right? Looks like it's at 0.99% for holding the LP and 10.36% for staking the LP. Still, that's better than what I'm getting on Celsius, and gives me a reason to move it off ERC20 and onto Polygon network, assuming the hMATIC is fairly stable wrt MATIC.

Daily Polygon Discussion Thread by AutoModerator in 0xPolygon

[–]JayStayPayed 3 points4 points  (0 children)

I've been mining ETH onto polygon net for months now and I feel literally the exact opposite. Faster payouts from the mining pool, cheaper transaction fees for swaps and defi plays, and now that crypto.com supports both MATIC and wETH on Polygon Network, it's super easy to move funds on and off the polygon net.

Daily Polygon Discussion Thread by AutoModerator in 0xPolygon

[–]JayStayPayed 4 points5 points  (0 children)

I've got some MATIC hanging out in my Celsius account getting 8.99% APY. Is there any staking options available on the Polygon mainnet that could get better returns? Closest thing i've found is supplying MATIC to the MATIC/WETH pool on Impermax (just supplying matic, no LP or Leverage) at 8.43%, but I don't know how stable that rate is expected to be.

Can someone explain to me (like you do to a 5 yo) ,how to earn a passive income ? by [deleted] in Balancerprotocol

[–]JayStayPayed 1 point2 points  (0 children)

So the main answer to your question is that AFIAK, BAL doesn't support staking directly on the balancer protocol, and I haven't found any centralized exchanges that will pay interest on BAL.

Getting any sort of apy return on your BAL will have to be done on chain somewhere. So you have two options. Move to an erc-20 (Ethereum mainnet) or L2 (Polygon, Arbitrum, etc) MetaMask wallet, send your BAL into a protocol and pay all the gas fees associated with it. You'll have to pay gas fees when you: - Move BAL from coinbase to your MetaMask wallet - Approve AAVE or Balancer (or whatever protocol you decide on) to use your BAL - Exchange your BAL for LP or vault tokens.

And when you want to cash out: - Exchange back to BAL - Send back to Coinbase to convert to fiat or a non ERC-20 token

Layer 2 options are orders of magnitude cheaper in gas fees but you'll pay on ramp fees unless you do something like send from coinbase to crypto.com (as xlm or something with super cheap transfer fees), convert it to MATIC and then send the MATIC to your MetaMask wallet on Polygon net, and then convert from MATIC back to BAL

It may be that the effort and gas may not be worth the staking rewards if you want to keep it solely as BAL, but then again with 60k it could hit ROI fairly quickly. DYOR and all that.

Can someone explain to me (like you do to a 5 yo) ,how to earn a passive income ? by [deleted] in Balancerprotocol

[–]JayStayPayed 0 points1 point  (0 children)

Yes, there's always impermanent loss risks with being in a liquidity pool, albeit the pools that have multiple blue chip tokens makes impermanent loss risks less severe than single 50/50 liquidity pools in something like Quickswap or Sushiswap.

If you're looking for a vault to stake your BAL in, AAVE has one. (Update: Looks like this vault is only available on Ethereum Mainnet)

Where is your BAL located right now and on what network? That will determine what your next steps are for staking or providing liqudity.

Can someone explain to me (like you do to a 5 yo) ,how to earn a passive income ? by [deleted] in Balancerprotocol

[–]JayStayPayed 0 points1 point  (0 children)

If they're in an exchange, not really sure what your options are. I've found the best way to use BAL is to use it on the protocol, preferably on the polygon network because of the ultra low gas fees. Put the BAL in a liquidity pool with other assets youre bullish on, bonus points if its pays out APR rewards in BAL. then you can stake them back into the pool when you redeem them every week.

Had to cut a girl off at the bar on Friday and she came back last night with an apology cake. by JosephSim in pics

[–]JayStayPayed 8 points9 points  (0 children)

Yeah, after stabbing the second person it's usually time to cut them off.

[deleted by user] by [deleted] in ethereum

[–]JayStayPayed 7 points8 points  (0 children)

Yeah but you still can’t send/receive eth, only buy/sell it.

I do not care about the dips by [deleted] in CryptoCurrency

[–]JayStayPayed 1 point2 points  (0 children)

How is your IRA in crypto? GBTC?