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ronan.degen.ethπŸŽ©βœ¨πŸ– pfp
ronan.degen.ethπŸŽ©βœ¨πŸ–
@ronanhunt
Hey everyone been out of degen for the last few months? Had to put all cash into our house purchase. Anyway what kind of allowance would staking 10k degen get you these days? Fomoing back in with the pumping price.
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Richard πŸŽ©β“‚οΈπŸ’Ž pfp
Richard πŸŽ©β“‚οΈπŸ’Ž
@richardleighton
If I applied my stake vs allowance ratio 10k would be 5.71 - but unsure if it works this way!
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ronan.degen.ethπŸŽ©βœ¨πŸ– pfp
ronan.degen.ethπŸŽ©βœ¨πŸ–
@ronanhunt
So you’d get 5 degen per day staking 10k?
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Richard πŸŽ©β“‚οΈπŸ’Ž pfp
Richard πŸŽ©β“‚οΈπŸ’Ž
@richardleighton
10k degen or 10k Β£?
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ronan.degen.ethπŸŽ©βœ¨πŸ– pfp
ronan.degen.ethπŸŽ©βœ¨πŸ–
@ronanhunt
Haha 10k degen the minimum πŸ˜‚! You’ve got 9k usd worth staked you mad man! Fair play!
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Richard πŸŽ©β“‚οΈπŸ’Ž pfp
Richard πŸŽ©β“‚οΈπŸ’Ž
@richardleighton
Well it wasn’t 9k when it was staked… though I did buy degen to gain an allowance which was somewhat risky!
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ronan.degen.ethπŸŽ©βœ¨πŸ– pfp
ronan.degen.ethπŸŽ©βœ¨πŸ–
@ronanhunt
So you just staked all the degen you earned instead of cashing out? Yeah I cashed out all mine to put into the house. Tidy 17% roi per month on that though at today’s prices but actually way better.
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ronan.degen.ethπŸŽ©βœ¨πŸ– pfp
ronan.degen.ethπŸŽ©βœ¨πŸ–
@ronanhunt
And is allowance purely based on amount staked or is there engagement playing into it aswell?
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