@@LearnCardano good to know. thanks again. also if you do get the chance, please do make a video on some of the metaverse projects (like virtua) with growth potential. thanks again
Is it fair to say that if you have larger lp positions and didn't migrate them over manually, this process could take longer than you think? I can see the V2 lp positions, I just can't stake them yet. Kind of frustrating but trying to be patient.
It might yes. The large positions would have been divided into small chunks to migrate over to not have a massive price impact or be affected by slippage. You ideally want it to move from one to the other all at the same price. Doing it manually would have allowed you to take into account the amount of tokens and make sure the same amount went back in all in one go and force the process through. Watch the orders as it may have slipped out or price range during the migration and you will need to cancel and do it again. I'd say manual is best in your situation.
@@LearnCardano Thanks mate. I've been so busy with work, I just kind of "did it" without looking into it. I appreciate your timely response. I assumed (wrongly) that it would just happen in an instant. I've been in Cardano since late 2017 and MIN since the beginning. I think I'll be alright, but sometimes that unknowing is extremely nerve racking. Keep up the great work, I've always enjoyed your content. Cheers!
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Awesome tutorial!
Thank you!
hey, is it mandatory to migrate and if not, does it effect existing farm pool?
No its not, but if you don't, you may miss out on fees as most of the trades will go through V2 rather than V1.
@@LearnCardano good to know. thanks again. also if you do get the chance, please do make a video on some of the metaverse projects (like virtua) with growth potential. thanks again
Is it fair to say that if you have larger lp positions and didn't migrate them over manually, this process could take longer than you think? I can see the V2 lp positions, I just can't stake them yet. Kind of frustrating but trying to be patient.
It might yes. The large positions would have been divided into small chunks to migrate over to not have a massive price impact or be affected by slippage.
You ideally want it to move from one to the other all at the same price.
Doing it manually would have allowed you to take into account the amount of tokens and make sure the same amount went back in all in one go and force the process through.
Watch the orders as it may have slipped out or price range during the migration and you will need to cancel and do it again. I'd say manual is best in your situation.
@@LearnCardano Thanks mate. I've been so busy with work, I just kind of "did it" without looking into it. I appreciate your timely response. I assumed (wrongly) that it would just happen in an instant. I've been in Cardano since late 2017 and MIN since the beginning. I think I'll be alright, but sometimes that unknowing is extremely nerve racking. Keep up the great work, I've always enjoyed your content. Cheers!
It’s one rule I always try and follow. If I’m too tired or too busy I don’t touch crypto. That’s when I make mistakes.