I don't mind using someone else's link, but I think it'd be cool to find someone to use mine. So I'm looking for someone to swap with. I'll take yours and next campaign you can take mine and so forth. Or if we're 3 or more, we could start a chain where we determine who clicks who's to make it perfectly fair
Anyway let me know if you'd be interested
Hoping someone can clear up how impermanent loss works for the VKR/UST pool (or other pools for that matter).
I was under the impression that the UST portion of any LP you deposit is protected from IL - it's a stablecoin after all - leaving the only risk on the VKR side.
Seems this conception is wrong though as I have observed the amount of UST I can potentially withdraw go down as the VKR price goes down. Seems like the depreciation is being spread across both assets - VKR and UST?
If so, is this unusual for this pool, or is this how any liquidity pool that includes a stablecoin works?
Thanks for any insight!
Valkyrie Protocol is an on-chain solution for marketing upcoming Terra projects by incentivizing Creators, Participants & Referrers with their native $VKR token.
Valkyrie is a dapp activation protocol that enables a continuous incentive structure to offer a scalable solution for cascading referral networks.
$VKR can also then be used to provide liquidity for more rewards.
No invisible gimmicks that make sure campaign creators win most of the rewards – rewards are distributed in a fair and decentralized governance system.
Valkyrie Website
Original LOOP Article: [https://www.loop.markets/market-your-dapp-with-valkyrie-protocol/](https://www.loop.ma
Upon request from community members we added Valkyrie Protocol to our website where we feature coin statistics, market capitalization, coin investment ratings and Machine Learning based forecasts. We wish the best in the future!
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I had some VKR-UST LP tokens in the liquidity pool on Spectrum protocol. Since Spectrum disabled the VKR-UST pool, I decided to taken my remaining LP tokens - hoping to reinvest them in the VKR-UST liquidity pool on the Valkyrie protocol itself - https://app.valkyrieprotocol.com/stake.
While withdrawing the LP tokens from Spectrum, I chose the option of VKR-UST LP (in retrospect - should have just chose UST). Now, I have these VKR-UST LP token sitting in my r/TerraStation wallet under the symbol uLP.
I don't really know how to either liquidate these tokens into UST or put these in the liquidity pool on Valkyrie protocol. The only option I see in th
I was under the impression I would receive rewards in VKR when Govt staking, but it looks like only VP is accumulating. Even reading their info about what it is, it still confuses me... What value does it hold?
I´ve just invested a small amount in the vkr/ust lp. Nevertheless i obviously lost a reasonable portion of the investment due to the price action. Does anyone here have some knowlege to share about it??
u/EverythingDeFi l Can someone tell me why when I stake the VKR rewards earned in the liquid pool to the gov staking, my wallet history shows that I am transferring over 10 times as many as I actually stake? Example in pic. Am I being used to launder or hide money?
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Hey guys.
I put a small amount into the vkr/ust pool as a learning experience and it looks like I've lost my staking reward.
After staking at a rate of thousands of percent apy for about a month with something like $150 locked in ust and vkr I now only have .0063 vkr as an available reward.There was a point where I had something like 20-30 vkr I could claim which I never did because I thought it was locked.
If I were to pull out my staked amount the value is about 78 ust.
I understand the value of the liquidity pools may change but I didn't realize my rewards could be slashed if I didnt claim them. Is this normal for liquidity pools?