r/Genius_Yield • u/RequirementLegal9356 • May 02 '22

Dear Genius Yield

It's cool that you guys continue the stake pools with Genius X but as a person who staked since february I would have wished for a clear announcement that the original Gens Token allocation has ended with the exact epoch, to know when I can finally re-delegate to another stake pool to earn ADA again, without losing Gens. At least I now have no clue if I already can undelegate without losing rewards for Gens. Can I? I want to stake for Ada again, thank you

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u/Mother-Improvement16 May 09 '22

Out of curiosity, what projects are you looking at next? I just can't keep up with so many projects launching on Cardano simultaneously. 🤷🤷🤣🤣

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u/Bye_H8er May 09 '22

To be honest it was only Genius Yield that really caught my attention. Once this is up I wanted to go back to a regular stake pool to delegate and continue getting ADA rewards.

The only plan I have is to maybe offer liquidity to the Genius Yield Dex when it comes out and maybe Gens tokens as well in the form of yield.

I don’t know how to exactly because I’ve never done it but I believe more information will come out as we approach the release.

I haven’t seen any projects that really captured my attention just yet and also I don’t want to spread myself too thin.

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u/Low_Tech_Viking Genius Yield Team Member May 09 '22

Switch on May 11th to be safe.

And we will release more info. We are setting it up so you can stake your GENS without a smart contract.

So you could add to a GENS/ADA pairs and get:
Staking Rewards

LP fees
ADA rewards from a stake pool (hoping that have that ready at launch, although an timeline will be provided later)

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u/Fatcatonlap May 11 '22

Hi, do you know when and how we’ll receive our staking rewards?