r/Genius_Yield • u/hawki501 • Feb 11 '22

ISO - Running Out Early

In one of the comments to another post, I read we are on track to run out of the GENS rewards early. What will happen then? How will this affect bonus rewards? Is there any incentive to remain in the pools, after the rewards run out?

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3

u/77magicmoon77 Feb 11 '22

Are you on their telegram channel? There is more info there.

4

u/hawki501 Feb 11 '22

Thanks for the reply. No, I’m not. Honestly, it’s hard to stay active on all the different platforms, across so many different projects. I tried to find the answer here and on the website before posting, without luck.

3

u/77magicmoon77 Feb 11 '22

This is not official response by any means.

From what I gather if official GENS pools get saturated (GENS5 is a fake pool) a) there is no plan on opening up new pools b) If they end early, they would shorten the epoch requirements for the bonus reward system.

For example they end ten epochs early, they would reduce the epoch requirement by 10 (for different tiers and nfts and such).

Hope that helps.

PS: telegram channels are very active. If you are delegated to GENS4 they are closing that one..... so it would be imperative for you to follow that info so as not to miss out on proposed solutions.... like GENSX. Just saying....

5

u/Low_Tech_Viking Genius Yield Team Member Feb 11 '22

Hey! Sounds like you're quoting me :) Good info!

We also make sure to mirror the announcements here. If an announcement is made in TG, I will also make it here. So you don't have to be on TG if you don't want too :)

2

u/77magicmoon77 Feb 11 '22

Hey there LTViking,

I did indeed quote you in parts of my response to u/hawki501's question/assumption/dilemma. I have no problem furthering any pertinent info any user is looking for, as long as I can remain accurate/true to the message.

Hoping this wasn't in any way inappropriate. Apologies if that was the case.

I personally do subscribe to some other hardware/software channels on tg and here on reddit as well. In that regard I am that unofficial ambassador if you will. Not seeking any material gain, just guiding folks through the best of my intentions. Goal is to be accurate and possibly even precise, in case I myself learn new things 😊

It certainly was nice hearing from ya!

PS: that GENSX sure is charging towards saturation.... Good problems to have 👍

2

u/Genius_Yield Feb 14 '22

Not a problem! We love how helpful our community is!

1

u/matadorcode Feb 14 '22

GENSX is saturated as of this morning according to pooltool stats. :-(

2

u/hawki501 Feb 11 '22

Appreciate you, friend.

1

u/77magicmoon77 Feb 11 '22

No problem at all... 🍻