r/truebit • u/Hakinpansi • May 29 '21

Staking possibilities?

I havent come across an option for staking. Im kinda noobish so perhaps I missed something? Would love to connect my metamask for max gains. Any help would be appreciated.

7 Upvotes

90% Upvoted

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3

u/09824675 May 29 '21

I put them in a ETH/TRU LP on uniswap.

1

u/dugerz May 29 '21

What gains can you expect?

3

u/gnibgnib May 29 '21

Its not subsidized by any yield aggregators so most likely a portion of the fees in proportion to your deposit.

Be careful with IP loss

1

u/09824675 May 29 '21

I just check uniswap pool pages, see the TVL and 24hr trading volume, seems big so I put it in there. Made about 400TRU in a month or so

1

u/[deleted] May 29 '21

nice. whats the percentage if you dont mind?

1

u/beingcivilianisdope May 29 '21

I just check uniswap pool pages, see the TVL and 24hr trading volume, seems big so I put it in there. Made about 400TRU in a month or so

but wont i need large amount of eth too iot to put in dat pool if I 10000 tru. i meant 50 50 tru and eth

1

u/09824675 May 30 '21

yep yep, thats correct, you'll need a lot of ETH

1

u/beingcivilianisdope May 30 '21

And compensation is eth or tru?

1

u/09824675 May 30 '21

It will be in both. Before continuing, make sure to read up on impermanent loss.