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Puddingbuks26

Within Loopring app: Cian leveraged staking for ETH for 9.5%


djd1985

I have been using CIAN and it’s been awesome!


Soldado63

Are there any risks? By the explanation in the app it sounds like irs totally safe and nothing could happen but you stake for nearly 10% instead of the normal 3-4% for ETH staking


djd1985

Listen to this, explains everything. It's a YT link that has Luffy(CEO of CIAN), Byron and Chris who are both with Loopring. https://www.youtube.com/watch?v=AImboJMnyC0&t=1919s


Soldado63

Thank you!


9GiveMeYourMilk9

9.5% is very good. What's the downside?


Puddingbuks26

There is bo downside, restaking via 1 click


ConfusedCanadian19

No risk at all?


Swissstuff

No lock up period, I’ve never seen the rates drop below like 5%, and I’ve been in for about 8 months now.


WorldlinessFit497

C'mon there has to be some risk...otherwise everyone would be doing it wtf?


Swissstuff

Like I suppose the rate could drop down to lower than normal, but like it’s done that once and I think it might’ve been a glitch because it was back up like 4 hours later. Literally that’s the only things that’s remotely bad that I’ve seen happen with it


nosoytoni

I didn't mentioned but with LRC?


Puddingbuks26

staking, amm, several options within wallet


Hoytage

I pulled in about $10 in rewards yesterday on the AMM pools yesterday. Most Lrc/USDC and some Imx/USDC.


djd1985

You would have to swap some LRC for ETH to stake with CIAN. Up to you on that one.


boardonfire

ETH has huge market cap, LRC is tiny, do what you want but I think there is nothing more undervalued than LRC, Im sticking to it... Im waiting for 100x


nosoytoni

I want to maintain my LRC stack but earn some more


boardonfire

But if LRC takes off without ETH?


jodallmighty

Genuine question, are there alt coins that did 100x?


boardonfire

LRC did once before


jodallmighty

Yea i missed that train 🥹


boardonfire

but srsly, where are we at? 500million? 50billion should be no problem, maybe even 500billion... all the shit coins are at 50billion


jodallmighty

Really? Which alt coins could be comparable with lrc and what are their cap? Edit: so you think 4$ should be more than achievable? Edit edit: mafs off 50bill market cap would bring us on 40$?


boardonfire

just to name one, dogecoin was at 50billion before - which has no value


jodallmighty

Yeah but doge coin is a meme coin and loopring isn't, we know loopring is building something really solid and valuable but a meme coin like dogecoin is valued on pure hype and pure hype seems to work better for people with very little to no understanding


TinSodder

Do odd jobs around the neighborhood. Sell a kidney. Learn how to mug. Become a dumpster diver Become a can miner Sell drugs feetfinder.com Become a clown Steal cars Ditch your apartment or sell your house, become a house squatter Get hit by a car and sue Sell your farts. (Stephanie Matto) Steal from Target, sell on CraigsList, take orders. look around coinstar machines for dropped changes, forgotten receipts. Take up dine and dash for daily meals, eat a new restaurant every day! Leave Yelp reviews on how easy it was (or not) become a hitman for hire, lots of online site avail to advertise services on. (most lead to one of these sites tho fbi.com or YourLocalLawEnforcement.com) pet walk eat poop Only accept Loops or LoopHeads as payment for any/all of the above.


harzee

Swap it for etherium


Baelthor_Septus

I bought in and already down 5%. I hope this time I won't lose a fortune on looping 😅 I get flashbacks from the last run when I had diamond hands