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Hydnum

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  1. Just FYI, The xumm app doesn't have a PC version due to security issues. There would prob be a way to figure something out with some sort of app emulator or something. I didn't realize you can actually swap right in the wallet...Xumm really is a slick wallet. Thanks for putting that together.
  2. Here is a very CSC centric video about using Xumm to trade on the DEX with xrptoolkit. You can just skip over the CSC info if your not interested and use different pairs for trading. There is also Sologenic which is just a more familiar overlay of the XRPL DEX but is used just the same. They plan on issuing a bunch of tokenized assets there so it could be a different way to move out of XRP into a stock or something of the sort instead of fiat. You would have to set the trustline to the IOU you are trading. If you were not aware there is a different company that will be using the Flare network called https://trustline.co and they plan on issuing a trustless stable coin called Aurei on the XRPL DEX pegged to USD. Not sure when this will actually happen but could be be another method in the near future. Quick coil article about solo/xumm etc... https://coil.com/p/macropolo/XUMM-CBDCs-and-the-XRPL-DEX/lh8D5jlSj Hope that helps a bit...
  3. Sounds like a good plan...I was hoping to hit at least past $3 before skimming some percentages. I'll probably be more 10% here an there on the way up unless it really takes off. Nothing cut and dry...more watching candles as XRP tends to run fast. I'm sure it's nice to know you have pulled some out especially after drops like the recent one. It's def a bit stressful even with the experience of the last years. I think we are in a pretty good position considering we could have jumps when exchanges start relisting and the overall outlook of the lawsuit is pretty good so far. That could cause a decent jump if things turn out right...always a bit of a gamble though. I've also been accumulating some different alts over the long bear so I can also skim some percentages there(unfortunately not DOGE though, where is the eye roll emoji, lol) The plan was moving a chunk to USDC or similar and dropping into something like NEXO for some passive interest. I'm sure I'll keep my foot in the door to some extent in case of any moon shots and would hope to rebuild a position. Also keeping an eye on the whole Flare/spark/Flare Finance situation as that could be really nice if things work out. Have you got your claim in for that? Another possible passive income and the token/s have a good chance of gaining value as well. Staking there may be another reason to keep a decent stack. Definitely something to check out if you haven't. Looking at all the stuff being built right now, I'm in the group thinking we are quite early to the game...It's kind of exciting. Hopefully I play it right and can also have more time with friends, family, and fungi
  4. Ha! Fellow mushroom fan My sites are set a bit higher...but I do agree...gratz on your profits and best of luck in the future. Morels are popping in my neck of the woods
  5. I was just popping in to mention this. Nice you noticed some ways to improve...now you get a fresh start! I noticed one guy saying he was up 10K already! This is why I do not expect to be in the competition, lol. Best of luck to you JAS (and others giving it a shot
  6. That's good to know...maybe the APY rates will actually mean something at that point... Agreed, single coins will prob be my method of choice as well. Maybe over time I will gain more of an understanding and venture out into the LPs. And @BillyOckham it wasn't to tough to set up the metamask wallet. I found this link to be helpful: https://coil.com/p/XRPBags/FLARE-FINANCE-BETA/YVmhAOyX2, all the different links in one spot. There is an iOS app that you could use...I think I remember you saying you typically use and iPad. It doesn't always show the correct token amounts but you can still preform the transactions. Feel free to ask if you have any questions about setting it up.
  7. The above is why I think I will keep the YFIN. I don't understand the calculations behind the pools and big swings could cause impermanent loss. I was using the yfin/xusd pool and when I removed the liquidity I had fewer YFIN...I wasn't tracking close enough to know if the rewards were worth it. I'm just playing to learn about the system, not really expecting to be in the competition. Reading about impermanent loss had my eyes glazing...I think I need to stick to the KISS method.
  8. Just FYI, the rate distribution is set at 1:172 dFLR/FLR as a token to your flare wallet. dFLR will have no value. Say you receive 1000 FLR(spark) from Flare Networks...your would receive around 5.8 dFLR from FF. You will then need to send those(dFLR) back to FF to "claim" the actual token that will be use on the network(yFLR) within a week. There will be a total of 40,000,000 yFLR.
  9. I've done mostly parking as well. It's kind of fun and definitely a nice way to dip your toes into DeFi. I certainly don't consider myself in the competition. I have over 150 transaction so far and if this were on Ethereum that would equate to over $3,000!!! (estimating $20/trans) How will people not want to switch over?!?! I have tried using the yFIN/xUSD LP as well but am now concerned about impermanent loss as well. I'm getting a better yield of yFIN but when I pull that out of the liquidity pool will I have lost the equivalent amount of xUSD due to the fluctuations in yFIN price? I don't have my head around that. I have been trying to take values from the site and paste them into and excel document to figure out best yields taking your percentage of the pool into account. The values are changing constantly so it would take some time to try and stay on top of things. If I were more tech savvy I would try and link the value displayed on the site to the actual cells in the excel doc to have the sheet updated in real-time. Alas, a quick google search and I don't have enough background(or motivation) to complete that task. I was also thinking if someone were able to create and app where you could show real-time price data on the swaps, it could be quite helpful. Say, type in 100 yFLR and it outputs the amount of each tokens you could get for that swap. You could use that info to determine what percentage of a pool it would yield you to figure out if swapping and adding to that pool would be a better bet. That could just be another output field if developed properly. That being said, this is still the beta and who knows how much all this will change when it goes live. I have an app developer friend but he is not much into crypto and I'm sure would much prefer to spend his work time on his real job. Would be interested to hear of what others are trying as well. The discord is crazy and hard to follow. Scrolling back on mobile keeps jumping all over the place when people post so it's hard to track the thread. I don't even want to think of tax issues...drop in a safe pool and sit will most likely be my strategy when it comes to real life. That's my $0.02
  10. @PantherdkI did this when Toast shut down...Was kind of weird having to deal with your actual secret but I only have a small amount in the account. It seems to have worked well and XUMM is pretty cool. I trust Wietse WInd is not out to screw anybody over. It was really easy to add the message key with XUMM as well.
  11. Thanks @mrenne I think I took it bad because I feel the same way and don't want to be one to add to the garbage! I understand your point and am surprised at the patience of some of the folks on here. I often read post and wonder why they are asking something as it was answered just above. Long time lurker so it's easy to fall back into it.
  12. Well that escalated quickly...Just FYI I have read the FAQ but it was a while ago, as I mentioned. I admit I should have jumped over to check it again but I didn't. Anyway, Hugo mentioned on Discord that they will be releasing the ratio today and it is close to 1. Back to lurking for me....
  13. Now that you mention it, they have left a lot of wiggle room in how long it will take for them to distribute. They may have a definitive answer June 11th and would then know how much longer it would take or final distribution...I don't know It's all speculation at this point, lol. I read up on this before they even mentioned the staggered distribution.
  14. I thought you said you were on the wagon! I guess you need to put that mask back on
  15. Maybe I am missing something about how they are calculating the ratio. I thought they were going to determine that using the amount claimed...maybe that was just concerning the exchanges? I thought they were also going to take into account the amount claimed by self custody.
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