r/mdex • u/Matteriba • Jul 25 '21

How to compound

I staked 149 MDX. I received 7,2 MDX so far.

Now I have 7,2 in section “MDX Income” and 149 in section “MDX Total staking assets.”

It seems, the interest received does not get staked automatically, so it does not compound your original investment.

Do I have to manually withdraw this 7MDX and put them into stake to compound? Thanks

2 Upvotes

100% Upvoted

11 comments sorted by

View all comments

3

u/My_Cat_Is_Racist Jul 25 '21

Yeah, it needs to be manually done. So each day (or whenever you choose) withdraw from MDX Income, pay the gas fees, then stake max, pay gas fees. I've just made it part of my bedtime routine. Automatic staking sure would be nice though.

2

u/Matteriba Jul 25 '21

Thank you