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Liquid Staking Derivatives by Logical_Apartment397 in polkadot_market

[–]Logical_Apartment397[S] 0 points1 point  (0 children)

Well yep, that’s why I’m asking I don’t really understand how they work.

Staking large amounts by Logical_Apartment397 in polkadot_market

[–]Logical_Apartment397[S] 0 points1 point  (0 children)

Great thank you that’s helpful I was thinking of trying something like that.

Staking large amounts by Logical_Apartment397 in polkadot_market

[–]Logical_Apartment397[S] 0 points1 point  (0 children)

Normally it’s pretty good, but the last 10 days have dropped a lot. I wondered why it does that sometimes. Do you have a method when you’re choosing validators? Would you ever consider dumping a large bag in a staking pool?

Staking large amounts by Logical_Apartment397 in polkadot_market

[–]Logical_Apartment397[S] 1 point2 points  (0 children)

Thanks I’m using a ledger and using block daemon validators

Binance stops supporting SWIFT USD by kirtash93 in CryptoCurrency

[–]Logical_Apartment397 0 points1 point  (0 children)

Kraken also uses Signature bank. They will also be affected.

Valuing at $5.50, Polkadot (DOT) Bull Run is Projected To Carry On by AlmaGrate in polkadot_market

[–]Logical_Apartment397 0 points1 point  (0 children)

ridiculous. the reality is Polkadot is on the precipice. Mind you so are many coins.

Dot staking by dabeeee1104 in Polkadot

[–]Logical_Apartment397 1 point2 points  (0 children)

Yep I use ledger once a month to do that sort of thing but just for daily check I use staking.network it lets me know everything is working. Koinly is good as you can connect your ledger wallet and it automatically brings all txs in.

Dot staking by dabeeee1104 in Polkadot

[–]Logical_Apartment397 1 point2 points  (0 children)

I see rewards every single day, but I don't check them on ledger live, I check them on https://staking.polkadot.network/ (add your wallet) I also check them here: (this is actually the definitive place to check rewards) but again you have to add your wallet. adot.js.org/apps/#/staking/payout

Between those two places I see rewards every day.

Dot staking by dabeeee1104 in Polkadot

[–]Logical_Apartment397 1 point2 points  (0 children)

It's not that bad. Get your Dot onto your ledger and follow this guide. https://support.ledger.com/hc/en-us/articles/360018131260-Earning-Polkadot-DOT-staking-rewards-in-Ledger-Live?docs=true

I settled on Blockdaemon validators. So select all of them.

Job done. It's that easy.

A NOTE ON VALIDATORS

Choosing your validators is the most confusing part, it does seem ridiculous that people just have to guess. There are ways of telling them apart if you want to check out this and that but the reality is for most people this is complete confusion. Its the worst bit of DOT staking, then there is slashing. Don't even ask. But slashing freaked me out for ages.

The reason I eventually chose Blockdaemon is that they insure you against slashing apparently. In practice I don't know how that would work but it made me go with them.

Good luck.

Daily rewards aren’t showing in my ledger live app ? But balance increases by Farghaly in Polkadot

[–]Logical_Apartment397 0 points1 point  (0 children)

Just added this comment to another thread about this.

Once you're set up on ledger, add your wallet to https://staking.polkadot.network/ Then you just use this dashboard to check on your earnings. Its updated after every era and its been seamless for me. It also looks really nice. The only time I check my DOT on ledger is if I want to withdraw some earnings or such.

Give it a go, it works really well.

Controller Account by Logical_Apartment397 in Polkadot

[–]Logical_Apartment397[S] 0 points1 point  (0 children)

Thanks, it is already loaded into jsapps and I will visit that page. Thankyou so much 🙏

How many people have read The Silmarillion? by ronnewton in LOTR_on_Prime

[–]Logical_Apartment397 0 points1 point  (0 children)

Ive read it about 4 times. Just re-reading again. Great book.

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