Another great video thank you! Something else that is VERY IMPORTANT- If you change your delegation mid cycle you will lose out on rewards. The BEST time to change your delegation so that you don't miss out on any Flaredrops or weekly rewards, is the 25 hour period beginning immediately after the monthly Flaredrop. The Flare drop happens at 8am so you have from then until 9am the next day to make your change.
I like to use the solidify app because it the phones in UTC times when the delegations must be made. How does it work? Make sure the delegation slots are filled before each Wednesday 1:00 AM UTC and Saturday 1:00 PM UTC At a random time between Wednesday 1:00 AM and Thursday 7:00 PM and between Saturday 1:00 PM and Monday 7:00 AM a snapshot will be taken to lock in your delegation vote
Thanks a ton Steve! One of the best YT channels around - especially regarding anything FLARE! You've helped me SOOOO much. Appreciate it bro.... (liked & new sub)
Great Video Thanks for all you do for all of us.. Looking forward to a video on Enosys, because THEN we WILL HAVE SFLR .. We are in your class. and your teaching us.... Thanks again
Great suggestion! I have lots in Enosys.. I will spin up something on Enosys for you no problem. Thanks for the idea. Its one I've been playing with for a while. That's my weekend project !!! I'll have it up by sunday or before.
Great post bro… I’m your 112th subscriber…all the way out in Japan… I staked my flare the other day despite no audio on the previous post…😂😂😂 Glad you got things working… Next up!!! A ring light🤣🤣 You need a ring light…maybe a dimmable right light so camera doesn’t switch from dark to light….😂 Great post!!! Keep up the great work…
Haha. Thanks much 112. !! Appreciate you subscribing and the feedback. Glad you were able to stake despite the audio snafu I had. Apologies but glad you were able to make it work! I’ll work on that lighting for sure. Thx for letting me know about that one as well. Thx again and so cool you’re in Japan. It’s in my bucket list to visit soon. Wen FLR moon -:). Cheers
I could not find the video you were talking about with being a liquidity provider. Can you please provide the link for that? Are the rewards better for that?
OK the liquidity provider is either the enosys video o did yesterday or you mean Collateral provider with Fassets. I think that’s what you mean actually. That video is title “ Fassets” and he about 1000 views. Highest one so far. Check those out and see if that answers your question. Collateral providor opportunity hasn’t rolled out yet though until Fassets rollout. So we don’t know the returns apy yet. Fassets will start on songbird first then go to Flare for collateral.
Is the reward rate calculated before or after the fee charged? Because even if it is 20% fee the higher reward rate listed might be better. If the fee is not accounted for then 20% is horrible. Can you clarify that point please?
The fee comes after the reward rate so if you are earning 9%, the FTSO will deduct their 20% fee from that 9% or 16%, etc. This is why it’s important to pay attention to the fee as well as the rewards rates with Ftso delegations.
@@songsong-y9m you can do that in enosys dex or even on the new one. spark dex. Go to my new video I just did today. There’s links to the spark dex swap. It’s easy to swap You can get USDX and Joule (kinetic) on there too
Great video. I’m just really concerned about the 10%fee that’s a lot. Will that 10% be against my original investment of from the rewards that I accumulate? Thanks 🙏🏽
It’s 10% of the total rewards. Staking and your airdrops. It’s an important consideration if you don’t plan on keeping the staked amount for passive income.
You are right Aeromender and thanks for sharing. I just had a chance to find actual verbiage too. What happens when I unstake from Sceptre? To unstake, return your sFLR to Sceptre. After a 2-week (14.5-day) unstaking period, you will receive your original stake in the form of wFLR. You also receive proportional rewards accrued during the staking period minus a 10% fee on the rewards. source: www.sceptre.fi/post/unstaking-from-sceptre
Fxrp will bring immediate yields in terms of free FLR tokens. Those tokens will bring rewards via staking and delegations as well as collateral rewards. Then you will be able to lend FXRp out on kinetic as well soon. That will bring back yields. Additionally, you’ll be able to use it as a liquidator and collateral yielding more FLR in fees. The return for minting xrp to Fxrp is exponential and really hard to calculate once you consider compounding effects of rewards.
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![✨ XDC on Songbird - How To Earn Passive Income ✨ [ Ēnosys ] Part 1: Bridging](/img/tr.png)
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Another great video thank you!
Something else that is VERY IMPORTANT- If you change your delegation mid cycle you will lose out on rewards. The BEST time to change your delegation so that you don't miss out on any Flaredrops or weekly rewards, is the 25 hour period beginning immediately after the monthly Flaredrop. The Flare drop happens at 8am so you have from then until 9am the next day to make your change.
I like to use the solidify app because it the phones in UTC times when the delegations must be made.
How does it work?
Make sure the delegation slots are filled before each Wednesday 1:00 AM UTC and Saturday 1:00 PM UTC
At a random time between Wednesday 1:00 AM and Thursday 7:00 PM and between Saturday 1:00 PM and Monday 7:00 AM a snapshot will be taken to lock in your delegation vote
And thx so much for the feedback!!! Much appreciated comments. Feedback and sharing of info on your posts !!!
Thanks a ton Steve! One of the best YT channels around - especially regarding anything FLARE! You've helped me SOOOO much. Appreciate it bro.... (liked & new sub)
@@Ron-py7rt thank you so much. Appreciate the feedback and glad it’s been helpful.
Great Video Thanks for all you do for all of us.. Looking forward to a video on Enosys, because THEN we WILL HAVE SFLR ..
We are in your class. and your teaching us....
Thanks again
Great suggestion! I have lots in Enosys.. I will spin up something on Enosys for you no problem. Thanks for the idea. Its one I've been playing with for a while. That's my weekend project !!! I'll have it up by sunday or before.
@@dkmatthews439 did you see the Enosys video I did ?
@@steve-thehomeloanexpert964 will check out
Great post bro…
I’m your 112th subscriber…all the way out in Japan…
I staked my flare the other day despite no audio on the previous post…😂😂😂
Glad you got things working… Next up!!! A ring light🤣🤣 You need a ring light…maybe a dimmable right light so camera doesn’t switch from dark to light….😂
Great post!!! Keep up the great work…
Haha. Thanks much 112. !! Appreciate you subscribing and the feedback. Glad you were able to stake despite the audio snafu I had. Apologies but glad you were able to make it work! I’ll work on that lighting for sure. Thx for letting me know about that one as well. Thx again and so cool you’re in Japan. It’s in my bucket list to visit soon. Wen FLR moon -:). Cheers
Good Vid as usual
Thank you so much. Appreciate you watching and commenting on it as well !!!
I could not find the video you were talking about with being a liquidity provider. Can you please provide the link for that? Are the rewards better for that?
OK the liquidity provider is either the enosys video o did yesterday or you mean Collateral provider with Fassets. I think that’s what you mean actually. That video is title “ Fassets” and he about 1000 views. Highest one so far. Check those out and see if that answers your question. Collateral providor opportunity hasn’t rolled out yet though until Fassets rollout. So we don’t know the returns apy yet. Fassets will start on songbird first then go to Flare for collateral.
Is the reward rate calculated before or after the fee charged? Because even if it is 20% fee the higher reward rate listed might be better. If the fee is not accounted for then 20% is horrible. Can you clarify that point please?
The fee comes after the reward rate so if you are earning 9%, the FTSO will deduct their 20% fee from that 9% or 16%, etc. This is why it’s important to pay attention to the fee as well as the rewards rates with Ftso delegations.
Does Celsius ring a bell?
uggggg I have PTSD from those mofos..lol.. not really but they did get me for 1k thankfully I had pulled out most except DOT and FLR which never came.
where can i swap sflr to flr??
@@songsong-y9m you can do that in enosys dex or even on the new one. spark dex. Go to my new video I just did today. There’s links to the spark dex swap. It’s easy to swap You can get USDX and Joule (kinetic) on there too
Great video. I’m just really concerned about the 10%fee that’s a lot. Will that 10% be against my original investment of from the rewards that I accumulate? Thanks 🙏🏽
10% of the reward
That’s a great question. Sceptre just recently posted something about that. Let me read up and clarify actually.
@@steve-thehomeloanexpert964 that’s you are appreciated
It’s 10% of the total rewards. Staking and your airdrops. It’s an important consideration if you don’t plan on keeping the staked amount for passive income.
You are right Aeromender and thanks for sharing. I just had a chance to find actual verbiage too.
What happens when I unstake from Sceptre?
To unstake, return your sFLR to Sceptre. After a 2-week (14.5-day) unstaking period, you will receive your original stake in the form of wFLR. You also receive proportional rewards accrued during the staking period minus a 10% fee on the rewards. source: www.sceptre.fi/post/unstaking-from-sceptre
I don't see the confirmation requests in my Bifrost wallet..waiting to confirm on Scepture.... any help?
You should see sFLR in the scepte app.. and they will eventually show up on bifrost too if you've swapped them successfully
@@steve-thehomeloanexpert964
good 2 GO
What kind of returns will fxrp return I wonder
Fxrp will bring immediate yields in terms of free FLR tokens. Those tokens will bring rewards via staking and delegations as well as collateral rewards.
Then you will be able to lend FXRp out on kinetic as well soon. That will bring back yields. Additionally, you’ll be able to use it as a liquidator and collateral yielding more FLR in fees.
The return for minting xrp to Fxrp is exponential and really hard to calculate once you consider compounding effects of rewards.
When do you think SGB F-assets will go live? Hopefully not far away.
That sounds promising