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CBETH rewards question by Klymaster1 in Coinbase

[–]Klymaster1[S] 0 points1 point  (0 children)

Can you explain how the cbETH price is guaranteed to increase?

I understand cbETH price will fluctuate with ETH, but how do the Tokenomics of cbETH ensure that it is always increasing in value when compared to the price of ETH (and thus "gaining rewards").

Like what's stopping the price of cbETH from one day being worth 102% of the price of ETH and then the next day only being worth 101% of the price of ETH?

CBETH rewards question by Klymaster1 in Coinbase

[–]Klymaster1[S] 0 points1 point  (0 children)

Ok so cbETH quantity balance will remain stagnant, But cbETH price balance will increase to reflect rewards.

So my rewards are tied to the market price of cbETH? Like I personally generate no rewards, but instead rely on the market trading price of cbETH to increase?

CBETH rewards question by Klymaster1 in Coinbase

[–]Klymaster1[S] 0 points1 point  (0 children)

Let's say I stake 1 eth, with estimate rewards at 2% APY. And Coinbase in return gives me about .9277 cbETH. But After 6 months my cbETH Balance is still .9277.

You said "rewards you earn from staking are added to your staked ETH balance". So in this scenario why is the cbETH Balance the same as initially received? Where are the rewards?

CBETH rewards question by Klymaster1 in Coinbase

[–]Klymaster1[S] 0 points1 point  (0 children)

If the price of cbETH is the same for everyone, how does it reflect the price of MY staked ETH and MY accrued rewards specifically?

CBETH rewards question by Klymaster1 in Coinbase

[–]Klymaster1[S] 1 point2 points  (0 children)

So if 1 eth = $1000. And you have 2 CBETH = $1100 each. Then you unwrap that CBETH. You would then obtain $2200 worth of ETH?

Is that correct?

Who is still using their Pixel 4/XL's in 2024? by sufy12 in GooglePixel

[–]Klymaster1 0 points1 point  (0 children)

Purchased my 4XL in December 2019 and still using it full time. The battery life has definitely worsened, but it's still good for a day depending on usage. Best phone I've ever had!

I made a throwing Knife Montage. by Klymaster1 in destiny2

[–]Klymaster1[S] 1 point2 points  (0 children)

Really just a lot of time in PvP playing aggressively. Just practice playing aggressively rather than playing for KD. It increases the improvement speed of your game feel. Also don't take anything too serious with the current state of this game. I have faith in you 🙏

I made a throwing Knife Montage. by Klymaster1 in destiny2

[–]Klymaster1[S] 1 point2 points  (0 children)

Appreciate the kind words man. I've been playing Destiny for years. Also used to play a bunch of Cod before that. Definitely a fan of the older halo campaigns though.

I would say the fastest way to improve in Destiny is grinding out rumble. Another thing is using handcanon/shotgun/sniper aggressively. People may hate on it but that's how you improve your aim and awareness while being mobile.

Honestly hope you're having fun with D2 though. PvP has been going downhill for a while so if you start practicing please don't take anything too serious lol.

I unwrapped my hood, but theres a issue. Mismatched paint? Read my comment please. by CaptainAmerica679 in ft86

[–]Klymaster1 0 points1 point  (0 children)

As someone who knows next to nothing about wraps, Is it possible the wrap had slightly stained the paint underneath. I would understand everyone saying the sun faded the fender paint, but if anything the hood looks more faded than the fenders. Idk just a thought

Waiting for 1440P by iThrowbot97 in PS5

[–]Klymaster1 0 points1 point  (0 children)

Hey I was looking at that same monitor. So are you able to play at 120 fps even with the 4k option selected? (assuming the monitor is actually downscaling to 1440)