Content pfp
Content
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Peter Watts pfp
Peter Watts
@pw
We're upping the stakes for instant relaying off DEGEN chain, to help meet insane demand: - Reward for depositing = 3% (6x before!) - Fee for withdrawing = 5% (3x before) We will drop these over time so those in a rush can get off first. Good luck! https://relay.link/bridge/degen/?fromChainId=8453&currency=degen
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Afe2b 🎩 pfp
Afe2b 🎩
@afe2b
Very slick, took all of 45 seconds to bridge in! Confirmed the extra 3% arrived as well, so now I've got more to burn on L3 memecoins πŸ˜†
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Ramsey  🎩🀝  pfp
Ramsey 🎩🀝
@ramsey
I want to bridge 50k DEGEN. But the tx confirmation on metamask says I'm transferring "only" 49k DEGEN. And the reward says 998 DEGEN. So in practice, I'm transferring only 49k and the rest (up to 50k) is coming from you? Or is the reward processed afterwards and this is a 2% tax/fee type of thing?
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Taye πŸŽ©πŸ”΅ πŸ‘½β›οΈ pfp
Taye πŸŽ©πŸ”΅ πŸ‘½β›οΈ
@casedup
Is the 5% withdrawal fee for waiting the 7 days or just for instant withdrawals?
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sean pfp
sean
@swabbie.eth
this is awesome! have the rewards been updated in the last 5 days? looks like it is currently ~2%?
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Afe2b 🎩 pfp
Afe2b 🎩
@afe2b
Wow, rates already dropped to 2% or is that a whoops? If not, must be some inflows going on!
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Jacob pfp
Jacob
@jrf
cool! how do you deposit? is that 3% annually?
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chillyazz.base.eth🎩 pfp
chillyazz.base.eth🎩
@chillyazz.eth
great!!!
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β†‘πŸŽ©runn3rr pfp
β†‘πŸŽ©runn3rr
@runn3rr
Thank you 1000 $DEGEN!
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hk pfp
hk
@hk
are there any risks to bridging to L3?
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