It feels like I'm on crazy pills with how hard this is being slept on.
Not going to be much significant price movement until at least the first month of staking is done.
Remember to cash out anonymously when you have made it by using the Dether app - https://dether.io/
Who gives a fuck about this shit
What is this, crazyman?
>>20922122Welp I mean anyone who wants a portfolio that will make them 20-30% returns per months thanks to the index balancer pool
>>20921620And don't worry OP, you won't see posts about Meridian until the staking period is over. By that time, their new dapp will be out and it'll be heavily used. Price can go sideways for all I care until September, holding a bag that will make me rich
>>20921620what is this?
>>20922216https://meridian-network.co/A DAO that's creating revolutionary dApps, like the first decentralized crypto-index fund(s). At least 3 dApps on the way and the 1st one is beautiful.
>>20922248price will moon because of the unstake burn?
>>20922248I'm making much more $ staking lock than I expected. About $150 a day at current prices and staking 60k LOCK.
Feeling same, mc only like 1-2m for project this solid? Truly feels like a dream come true, time to accumulate some more kek
>>20921620Crazy people make moneyImagine holding BTC and actually believing in it the past 10 years. This shit will be a top gainer. Get some TRB and KLEROS too
>>20922289No, most tokens in circulation are currently being staked. So with the unstake fee, it's uneconomical to unstake now. It makes most sense to stake for the whole 2 month period, then take the 25% unstake fee; you will make a gain between 50-80% more LOCK than you started with (depending how often you re-invest the dividends, which costs gas). Once staking is over, you suddenly have 90% more liquidity than before, which will lead to a lot of whales and fish shilling this to no end. Add in the balancer pool dapp, which is just a fancy community-run index fund, and it's essentially a rocket to Mars
>>20922373It's remarkable how well the team planned the staking period and initial dApp releases.
>>20922499>>20922373Would it be worth it to start staking now? or just hold until the dapp release? then sell and buy back in?
>>20922533Yes it's still worth it to stake, even if you started in month 2 (mid-August). Month 1 = 1% daily dividends, 15% unstake fee. Month 2 = 1.5% daily dividends, 25% unstake fee. So what a lot of people will do is stake for both Month 1 and Month 2, then take the 25% unstake fee hit at the end
>>20922499I know! It's been planned to perfection, they really want the early adopters to be rewarded well for believing in the team
>>20922122Nice try, won't work...
>>20922371Ok, pretty based, glad to see mature shill who drops his holdings but also supports project in thread, rare sight
Meridian is a protocol for creating STA like pools, and that is just the dao’s first dApp.
>>20922226How? Where do the returns come from?
Actually sounds good, gonna dump some ether into this
Fuck this ... i am already priced out.. i better look for another scam shitcoin ..
>>20923128Their balancer pool dapp (releasing this month) will be community-goverend. It's an index fund (think: S&P500). Therefore, the community will continuously be adjusting the portfolio for the best returns. It is a safe haven for people who don't want to be active traders or want to control risk
I say it every time someone posts, but this shit is so fucking comfy jesus.
>>20921620You realise this is a ponzi scheme because it doesnt have an actual function right?I mean you have to be a retard pajeet to buy in this late- you're just asking to get scammed
>>20923128From gains in the voted in assetsI'm pretty sure he is just estimating the ROI in the assets, everyone will have incentives to pick the best assets because there will likely be LOCK in the pool too so if tokens are going up it will be buying LOCK from the markets and burning it at the same time. The project is gonna go parabolic desu. I'm a top 70 holder.
my best play of 2020 so far. bought in at average $0.03. staking is netting me like $600 neet bucks a week. no idea why biz is sleeping on it.
>>20923380i love ponzi fud, keeps the low iq tards out of making $$$
retard here. So are these dividends not automatically staked? I have to pay gas everytime i put them into the pool?
>>20923597yeah, i usually wait 3 days or so. missing out a bit of compound but cba to do it daily and spend on gas
>>20923597Yes if course thats always the case
>>20923560Because getting in at 10x that price is not nearly as attractive, especially when it will be a month at least before any price movement
>>20923597Yeah, just make sure it's worth it before you re-invest as gas is expensive atm
>>20923658I wouldn't worry too much, this project could scale to around 150-200m, which would be 75-100x from it's current position now
>>20923658that is the best time to accumulate? price trended down and is now holding. it isn't gonna get any lower from now till the next release and you can take advantage of compound interest.
>>20923679>>20923610So i have 4115 staked, at 1% a day I should get 41$LOCK which is about $12. With gas about $4.. when is it optimal to put the divs back in?
>>20923812i'm not sure anon, i would just do what you feel comfortable with and think about where you think the price could be at when staking ends. for me i'm looking for round $1-2
how much LOCK to make it?
>>20921620>being slept onhow is this being slept on? it's literally a flavor of the week ponzi p&d token
>>20923317Tnx, buying more...
>>20924295keep saying ponzi it makes me hard
explain how pnd? it is like 80% locked in and has been crabbing. this shit is primed to explode organically you pleb
>>20921620ICO begins tomorrowairdrop address channel now open
>>20924708I have a small bag but my worry is that once staking ends there is little incentive to buy. Why exactly do you think it's going to explode?Surely you're just left with people who have been waiting to unload their bags?
As someone who has owned this for a month and staked all lock, I have one question:Why the fuck isn't this moving? In the same period I have seen countless 5x coins
>>20924805they're coinciding the end of staking with the launch of the first dApp, the decentralized index fund. You will use the tokens to create and vote on new indexes. It's going to be very cool Anon.
>>20924841The team just began its first marketing wave.
>>20924884Can you explain more about this decentralised index fund?
>>20924805people didn't buy this for the vault staking... it was bought for the dao index fund. why unload your bags for something that you have been waiting for?
>>20924931launching this month
>>20924984>>20925001>>20925007Thank you anons, clearly I should have done more of my own research
>>20925135the vault was a temp dapp to reward early adopters and it has been very generous
>>20924799LOL, is this Stonkdev's latest brainchild? Sad that people still think this token will work.STONK CONNECT 3.0!!!!!!!!!!