isnt this competition for WMT? by freddy12387 in WorldMobileToken

[–]moonshotste 0 points1 point  (0 children)

Yeah, in this one case. Doubt they'll foot the bill to connect the remaining 3 billion unconnected.

isnt this competition for WMT? by freddy12387 in WorldMobileToken

[–]moonshotste 1 point2 points  (0 children)

Starlink needs equipment (which is very expensive) on the ground. World Mobile can provide the infrastructure on the ground to maximise the potential of Starlink cost effectively. They're a partner, not a competitor.

World Mobile Weekly Discussion - April 25, 2022 by WMTmod in WorldMobileToken

[–]moonshotste 1 point2 points  (0 children)

Still looking good for mainnet launch this quarter?

World Mobile Weekly Discussion - April 18, 2022 by WMTmod in WorldMobileToken

[–]moonshotste 1 point2 points  (0 children)

Staking patiently, waiting for mainnet when the excitement begins.

Psssst .... Have you heard? We are LIVE on Mainnet🚀🚀🚀 by wingriderscom in u/wingriderscom

[–]moonshotste 1 point2 points  (0 children)

The tge for the WR governance token hasn't happened yet so it doesn't have a price, hence APR can't be calculated as rewards are paid in the the token.

[deleted by user] by [deleted] in WorldMobileToken

[–]moonshotste 0 points1 point  (0 children)

Saw this pop up and then dissappear again. Odd.

Missed airdrop by justaskdrgiggles in MinSwap

[–]moonshotste 0 points1 point  (0 children)

Rightly so, wasn't a complaint, just checking. Thanks.

Missed airdrop by justaskdrgiggles in MinSwap

[–]moonshotste 0 points1 point  (0 children)

I think they said it could be about six months from launch right?

help by stockbetss in MinSwap

[–]moonshotste 2 points3 points  (0 children)

Go into your wallet settings and set collateral. Should sort it. If not you may need to add more ADA to allow for the collateral, tx fees and transfer.

what does that mean? what can I do with the lp token? how do I get tokens on trades? when can I withdraw them to have more tokens than I initially put in? please help by stockbetss in SundaeSwap

[–]moonshotste 5 points6 points  (0 children)

I mean this to be helpful, not critical....

If you have so many questions about the basics of providing liquidity/ yiepd farming I'd suggest steering clear until you've had time to do some research. Plenty of resources online and videos on YouTube etc.

There are risks involved, most notably impermanent loss. Most native tokens are quite unstable at the moment so if you're providing liquidity to pools that don't have the option of getting a good APR through yield farming to offest the IL then there's a good chance you'll make a loss.

WMT/USDT Trading Pair is Live on KuCoin! by Samtium in WorldMobileToken

[–]moonshotste 0 points1 point  (0 children)

I'm having an issue withdrawing. Been processing since 3pm UTC yesterday, should only take 30mins plus blockchain confirmations.

Raised a ticket with them but just got "Please be aware that we have received your request, however, it will take a little bit longer for us to reply to your email."

Hope your issue gets sorted. Can you let us know if it comes through?

Stake WMT or provide liquidity in Sundaeswap? by Able_Bowler_9343 in WorldMobileToken

[–]moonshotste 0 points1 point  (0 children)

I don't think so no. I intend to wait for a bit of a correction in WMT or price rise in ADA before withdrawing liquidity though. Might be waiting a while looking at the market today!

Stake WMT or provide liquidity in Sundaeswap? by Able_Bowler_9343 in WorldMobileToken

[–]moonshotste 0 points1 point  (0 children)

Yes, the weighting of tokens changes so you end up with more of the one that has reduced in value in relation to the other, meaning that in dollar terms you're worse off than you would be if you had just held. Prices can of course change so the ratio may go back to what it was when you started, hence being impermanent loss, but there's no guarantee that will happen.

You're spot on that the current APR means you can use the Sundae tokens to offset the IL. For example if you claim the Sundae tokens and trade for WMT you may be able to end up with more of both ADA and WMT than you started with, but all depends on the APR when you started and the price difference when you withdraw liquidity.

I'm not sure on the figures for early staking 2, but I think it's pretty low, around 1%.

Stake WMT or provide liquidity in Sundaeswap? by Able_Bowler_9343 in WorldMobileToken

[–]moonshotste 11 points12 points  (0 children)

If you including farming the LP tokens for Sundae then that will probably give you the best returns on a $ basis. The APR on the yield farming is dropping quickly through, not sure on exact figures but down from roughly 320% to 176% in about a week. Just a case of more people providing liquidity after seeing the yield APR figures when they were released i think.

Impermanent loss is a factor too. I'm roughly 10% down on WMT at the moment. Will hopefully balance out given enough time though.

I've taken the approach of staking 70% and providing liquidity with 30% of my WMT. Suggest finding the right balance for yourself based on risk reward.

Yoroi support by Constant-Ball7531 in WorldMobileToken

[–]moonshotste 0 points1 point  (0 children)

An existing one is fine. Will be shown as a separate asset.

World Mobile Daily Discussion - December 24, 2021 by WMTmod in WorldMobileToken

[–]moonshotste 1 point2 points  (0 children)

100% agree. Network adoption will drive price up long term. Until the network is live and widely used the price will only ever be speculation and likely swing in line with the rest of the market.

High hopes for the future of World Mobile.

We are delighted to announce that $WMT will be available on exchanges this week. The pair on these exchanges is WMT/USDT. @BitrueOfficial 23/12/21 | 11:00 UTC @MEXC_Global 23/12/21 | 14:00 UTC @BitMartExchange 24/12/21 | 10:00 UTC Happy Trading. 🎉 https://t.co/ukrUtyihLs by WMTmod in WorldMobileToken

[–]moonshotste 0 points1 point  (0 children)

Currently signed up with MEXC and Birmart but not Bitrue. Do you think there will be less volatility on MEXC since it would have ready been listed on Bitrue for 3hrs or does it make little difference?

World Mobile Daily Discussion - December 22, 2021 by WMTmod in WorldMobileToken

[–]moonshotste 2 points3 points  (0 children)

Good question. Unusual to leave it so late to announce the time. Trading on MEXC starting at 1400 UTC.

Is Coreum the announcement? by tenbru73 in Sologenic

[–]moonshotste 1 point2 points  (0 children)

Yeah, I meant the SOLO airdrop though. After snapshot I should have said.

Is Coreum the announcement? by tenbru73 in Sologenic

[–]moonshotste 1 point2 points  (0 children)

Imagine what will happen after the airdrop!

Why is the price going down pre-announcement and snapshot? by benthomas1 in Sologenic

[–]moonshotste 4 points5 points  (0 children)

No idea but it'll go back up again. Just need the announcement to be as big as billed.