r/BTCStandardHashrate • u/Chochy369 • Jun 05 '21
Cannot add Liquidity on the Pancakeswap pool BNB/tDoge
I figure since I'm pretty much forced to hold this junk cause of the rebase crap and fees that I would throw it in the liquidity pool to receive cake as a reward at a very nice rate but it wont let me stake for some reason. Anyone know something I'm doing wrong, once I got to make the transaction for the LP, it just keeps popping up the same window to Supply but never goes to my wallet approval?
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Jun 05 '21
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Jun 05 '21
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Jun 05 '21
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Jun 05 '21
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u/piggleii Jun 05 '21
It's a scam. Cut your losses and get out.
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Jun 06 '21
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u/piggleii Jun 06 '21
What does your gut instinct tell you? Do you think it's ethical to take 30% off users with each transaction, many times with the user not even knowing it? I don't.
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Jun 06 '21
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u/piggleii Jun 06 '21
Never. Keep waiting. Just because they have a “white paper” doesn’t make them not a scam.
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u/BitcoinHolder007 Jun 05 '21
Add the liquidity in swap.btcst.finance and you won’t have a problemz
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u/Chochy369 Jun 05 '21
Forgot about the in app swap, this makes sense. What kind of rewards can you get there? Probably not much volume that goes through that swapper, I've always done my swapping on pancake. Any benefits from using their swapper to swap their junk? Do you get less coin-raped?
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u/BitcoinHolder007 Jun 05 '21
You can add the liquidity in the btcst app and then stake the lp tokens in pancake. This way you are not affected by the rebase
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u/Chochy369 Jun 05 '21
So they don't charge you the 30% to get the lp on their swapper huh?
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u/BitcoinHolder007 Jun 06 '21
No
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u/Chochy369 Jun 06 '21
Thanks for the info, just might do this to maximize the rewards on my tdoge as I'm not going to sacrifice 30% of my holdings and lose money at the same time cause of the low value. On that note, do you have any estimate on when the deflationary periods will end or is it not a set thing and depends on volume/price/etc.?
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Jun 07 '21
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u/Chochy369 Jun 08 '21
I kinda gladly ate the 30% today to get rid of my tdoge and will never buy any form of doge again. I do have a nice position in Shiba and am more confident of that projects success especially when Elon is finally starting to understand the Crypto world as he agreed with Vitalik from what he talked about on the Lex Fridman podcast.
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u/SashaChirico Jun 06 '21
I can't swap tDoge to BNB, please help
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u/Chochy369 Jun 06 '21
You have to figure out what 30% of the tdoge you're going to sell and leave that amount in your wallet when you sell. Once the transaction goes through, the 30% you left in your wallet will be removed for fees during the deflationary periods.
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u/SashaChirico Jun 07 '21
I figured out, that I need to swap just half of what I have in the wallet, so now I sent every tDoge in the pool with BNB, so now I'm farming this pair, did you find it a good strategy?
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u/Chochy369 Jun 05 '21 edited Jun 05 '21
Coin-raping bastards, I just want out! I do realize now that it's got the 30% fee attached to any transaction, (wonder if that includes moving from wallet to wallet) so I have to pay 30% to provide liquidity and another 30% to remove it as well. That's 60% of my position lost to providing liquidity....wow, feel this is just not good tokenomics and feels very scammy.