I know you made a video on Kamino and lending, can you do a little more detailed version. Sometimes rewards are claimable (currently SOL-BONK pair), but then other times (SOL-SAMO pair), the rewards get auto compounded? Where does the fee go?, does it also get auto compounded, a break down of how much you invested vs how much was withdrawn with the breakdown would help a lot! The PnL gets more confusing as well.
I'm not sure if the rewards auto compound. Current rewards for $SOL and $USDC lending are in $BONK. If I lend $200 worth of $SOL, I'll only borrow an asset worth 1/4th of what I lent.
Hey Seb I have no positions open yet under balance it says I have a borrow open in USDC, why is this when I have no positions open, any idea? I know you're not tecnical support but I'd appreciate a clue as I'm confused.
Drift hasn't released a token yet, but I hear they are likely to do so in Q1 2024 (and will likely do an airdrop too, probably for users of their dapp).
In order to claim your PNL as profit, you generally need to close your trade, which will affect your trading portfolio and the calculation of future profits or losses.
@@SebMontgomery mohon maaf , akan saya gunakan bahasa saya. kemarin saya lihat iklan bahwa exchange ini bisa memberikan lev 10000x ? apakah benar seperti itu ?
To withdraw on Drift Protocol, connect your wallet, go to the "Portfolio" section, select the asset, enter the withdrawal amount, confirm the transaction, and approve it in your wallet.
![[UNCUT] The Loyal Pin ปิ่นภักดิ์ EP.15 (1/4)](http://i.ytimg.com/vi/TLBjiHvkKtE/mqdefault.jpg)
Thanks
But can you also talk about liquidity providing on drift?
Hey there, i have a video where i talk about this, here's the link:
th-cam.com/video/yVRXNM7QCwE/w-d-xo.htmlsi=Ncyt7jPNoeDIumsy
Nice video's fam, Great work. Solana community appreciates you
Thanks a lot! Bullish on $SOL!
Is Drift Bet same as Drift Protocol exchange
Great tutorial. Thanks, Seb.
You're welcome! Thank you for watching, if you have questions, don't hesitate to ask.
The B.protocol backstop is a game changer
🎉😂 was looking forward this to appear
Hehe enjoy!
I know you made a video on Kamino and lending, can you do a little more detailed version. Sometimes rewards are claimable (currently SOL-BONK pair), but then other times (SOL-SAMO pair), the rewards get auto compounded? Where does the fee go?, does it also get auto compounded, a break down of how much you invested vs how much was withdrawn with the breakdown would help a lot! The PnL gets more confusing as well.
I'm not sure if the rewards auto compound. Current rewards for $SOL and $USDC lending are in $BONK.
If I lend $200 worth of $SOL, I'll only borrow an asset worth 1/4th of what I lent.
So are you automatically added to the drift draw every week if you have tickets?
Yes that's right
why can't i take more then 8 trades on a single drift profile ? how can we remove this capping .
I really have no idea, I suggest you open a ticket with them
Hey Seb
I have no positions open yet under balance it says I have a borrow open in USDC, why is this when I have no positions open, any idea?
I know you're not tecnical support but I'd appreciate a clue as I'm confused.
This is strange! I think it's best you ask the Drift team by joining their discord.Thx.
Is FUEL not their token ( yet to have utility)
FUEL is their point system, their token is DRIFT
Hi, would like to ask where can I buy DRIFT Tokens directly. Cant seem to find any listing of it.
Drift Protocol has not yet announced their launch of $Drift. If you find any other token with the ticker $Drift, it's definitely a scam token.
@@SebMontgomery ahhhh Thank you!!!
Drift hasn't released a token yet, but I hear they are likely to do so in Q1 2024 (and will likely do an airdrop too, probably for users of their dapp).
thank you very good video simply explained keep on
Thank you for your compliment!
please if i claim my pnl profit will my trade close
In order to claim your PNL as profit, you generally need to close your trade, which will affect your trading portfolio and the calculation of future profits or losses.
God bless you for this video
Thanks! Good luck!
Why when I try to short it only lets me short 1.37x
I’m not even sure what you’re shorting here. It could be a lack of liquidity, incorrect settings, or insufficient collateral, I’m not sure.
hey Seb, drift wont let me withdraw my Msol even though I had a account balance of 4Msol, I had burrow but already deposited back to pay.
please help! any ideas?
Hello! Open a ticket with support ASAP
thank you! will do right now@@SebMontgomery
sounds like trades settle in usdc even if say doing a solana perp, that sounds inconvenient!
All perps settle in USDC or USDT, so it's normal.
say i just hold Sol in my wallet. Can I trade BTC perp ?
Yes, you can! 🙂
If I just swap, can I get points?
The Drift Protocol does not have a point system yet.
and how to use 10k lev ?
I dont understand the question. Fully ask it pls
@@SebMontgomery mohon maaf , akan saya gunakan bahasa saya. kemarin saya lihat iklan bahwa exchange ini bisa memberikan lev 10000x ? apakah benar seperti itu ?
if im trading from the US i cant connect wallet or use drift? is this correct
Yes, you are not allowed to use Drift in the U.S.
how about in the UK
How to withdraw
To withdraw on Drift Protocol, connect your wallet, go to the "Portfolio" section, select the asset, enter the withdrawal amount, confirm the transaction, and approve it in your wallet.
@@SebMontgomery hello. Please what do I need to earn the reclaimable rent?
You need to be providing liquidty and trading on the platform
Thanks 👍👍
Welcome 👍
great thanks
Thx for watching 🙂