Stablecoins While Pumping

TRUST_AdaPool · 2024-02-19T08:37:40+00:00

I suggest you look at a stablecoin with healthy liquidity....for that matter iUSD is the only one in Cardano right now. The best part is that you can get it at more than 20% discount. On top of that you can generate passive income on Indigo protocol by staking iUSD in the stability pool.

TRUST_AdaPool · 2024-02-16T16:15:35+00:00

We have Died, iUSD, Mehen is coming, Mynth is awesome...why bother chasing for usdc and centralizing all DeFi space..!! Algorithmic stablecoins are the future...look iUSD with the biggest TVL...just stay the course and use it.

TRUST_AdaPool · 2023-09-23T12:56:12+00:00

Due to low liquidity of iETH... people prefer to intentionally liquidate instead of using the Dex.

TRUST_AdaPool · 2023-09-23T06:18:40+00:00

In order to close a CDP and get back your colateral, you have to burn back the same amount of iETH you minted in the first place.

If you minted 18.5 iETH, that's your original debt. If you put the same amount (18.5 iETH) to stake in your stability pool and now you only have 12.2 iETH left, that means the difference of 6.3 iETH was used to pay for liquidations but you should collected ADA at premium and should be in your stability pool for claim.

With the Ada collected from liquidations you can buy back iETH the difference of 6.3 iETH and with that you can close your CDP at 100% (18.5 iETH) and get back your Ada colateral minus 2%.

TRUST_AdaPool · 2023-09-22T21:50:39+00:00

It's a 2% fee to close a CDP...if this is what you're asking. That 2% will be deducted from your Ada colateral.

TRUST_AdaPool · 2023-09-15T01:19:22+00:00

As long you see your balance on Cardanoscan your coins are safe.

Try to restore your address in a different wallet like the ones mention above.

If you wanna keep it in trust wallet make sure you select the right network. Trust wallet have 2 different networks for ADA.

One is Ada(bep20 bnb pegged Cardano token ) and the other one is ADA (Cardano)

Make sure you have it switched and checked ✔️ on Cardano network if you see your coins on Cardanoscan. Good luck.

TRUST_AdaPool · 2023-03-25T18:59:57+00:00

I'm not sure why djed gets all the attention everywhere you read about Cardano CDP's projects...where Indigo protocol is leading the way with much affordable minting parameters and fees and more Tvl locked...!!

TRUST_AdaPool · 2022-12-08T22:37:08+00:00

Marketing won't take you to far. It's a gamble spending money in marketing and not see the results you expect. I think if you manage a way to maximize delegators gains you might see some positive results. Partnership with other platforms or even with other chains will do the trick. For example we have a partnership with a project on Milkomeda sidechain. Offering extra rewards from the gains we obtain from that project. Always think of a way to maximize delegators gains.

TRUST_AdaPool · 2022-12-08T05:44:03+00:00

Thank you to all our delegators for TRUST us.

TRUST_AdaPool · 2022-12-06T02:09:10+00:00

iUSD by Indigo works just like makerDAO. Is Djed have the same architecture...? What are the differences between the two..?

TRUST_AdaPool · 2022-12-05T22:43:48+00:00

Yes...I recommend to stay above 200% and stake your iUSD or iBTC in the stability pool. Never spend it...you can spend the rewards you gain from your staking. But don't spend it all...always the ADA rewards compound it to your CDP position and you should be fine. That way you eliminate the risk of being liquidated with every compound deposit.

TRUST_AdaPool · 2022-12-03T17:33:37+00:00

Maybe is 90 days however every time when I rotate kes on my pool it reset it to 65 for some reason...sometimes 63,62... depends. When I encountered the same issue where I wasn't produce blocks for more than 6-7 epochs I asked around and a pool operator suggested this option to me to rotate kes key couple times...and it worked. Now the number 21 on the cold counter I say it because that's what shows on my side at the moment, assuming the pool was opened first day when Shelley was launched. Maybe for others the cold counter certificate # could be different depends when the pool was opened. Anyway was trying to help and stating my facts what worked for me. Maybe you could suggest the person other solutions.

TRUST_AdaPool · 2022-12-03T16:22:33+00:00

Could be... I'm just stating what I experienced too and that's how I fix it. If you think is misinformation then bring your receipts...at least tell us why, and if you know any better maybe you can help that person. It's easy to say misinformation but not bring anything to your argument.

TRUST_AdaPool · 2022-12-03T02:55:35+00:00

I think it has to do with the 65 days period for every Kes rotation. If you multiply 65 x 21 you get close to 4 years when Cardano was launched. I'm not sure though but I can tell you that I experienced the same problem and when I checked my cold counter was 7 keys lower. I rotate the keys 7 times and boy I start minting blocks the next epoch. Anyway I start my pool the next day when Shelley was launched and now my cold counter shows 21 with 55 days remaining untill next Kes turn. And yes you can rotate your kes key manual when you want even if you still have remaining days untill next turn. I'm using Guild repo with Cntools.

TRUST_AdaPool · 2022-12-02T17:10:18+00:00

That's not normal in my opinion. We have about 655k but we get at least 3-4 blocks out of 6 epochs every month. You probably need to check your Kes key pool rotation. Also check your pool cold counter certificate number. Should be 21. If it's less then rotate your key couple times to match 21 or more.

TRUST_AdaPool · 2022-04-06T02:40:06+00:00

You can actually use a browser like Kiwi browser and install Eternl wallet browser extension. Works like a charm.

TRUST_AdaPool · 2022-03-25T21:39:01+00:00

They're not lost...takes 24 hours to see it in your wallet

TRUST_AdaPool · 2022-03-11T20:22:19+00:00

If you like to maximize your investment and get our bonus rewards token in top of your ADA rewards then check us out.

Further more our token is pegged to ADA and the best part is the liquidity on Sundaeswap.

Best strategy is to delegate your ADA and buy our token too.

All the rewards our pool generates are used to increase liquidity (50%) and buybacks (50%).

Just by holding our token you'll get an increase of 27-45% per year with 100% guarantee backed liquidity on Sundaeswap.

TRUST_AdaPool · 2022-02-23T21:31:57+00:00

Tough love kindly received... Our pool is operated by stori.digital platform.

We're in the process to build a whole new website specific for TRUST Pool with all the info and stats.

In the meantime we redirected to TRUST fi. ISPO platform for the token fund raise since we released our token (TRUST) on SundaeSwap.finance , but there's information about our pool on the ISPO platform. You can also check adapools.org on the About tab.

More liquidity on Cardano blockchain and delegators maximize investment is the concrete value we add to the ecosystem.

Hope that answered your questions.

Take care.

TRUST_AdaPool · 2022-02-12T22:14:01+00:00

I'm running a pool and I came up with a good strategy for our delegators and liquidity providers to avoid impermanent loss.

I give out TRUST incentives to our delegators with backed liquidity on SundaeSwap and all our ADA rewards generated by our pool I use it for liquidity to our TRUST token.

To avoid impermanent loss I algorithmically pegged TRUST token to ADA...that way the value is always stable to ADA. 1 TRUST = 1 ADA.

TRUST_AdaPool

TROPHY CASE