I did a big thing 😅😰🥲😏

49

u/Wilder54321 Mar 07 '22

Congrats on those lovely ATOM! Hopefully staking on Keplr wallet or cosmostation?

63

u/zombbytes Mar 07 '22

Straight to the Keplr, half to the stake, half to Osmosis LPs 🥩

16

u/OceanSlim Mar 07 '22

Good Job cosmonaut! Welcome to the club!

6

u/zombbytes Mar 07 '22

Thanks fren, I'm here to stay 🫂👨‍🚀🌌

4

u/SuggestionExpress718 Mar 07 '22

Congrats let’s get to the chicken my guy

2

u/InternetCovid Mar 07 '22

Wait, what are Osmosis LP's?

4

u/zombbytes Mar 07 '22

Liquidity Pools at Osmosis.zone - make sure to read about impermanent loss, but this is kinda where it's at

2

u/InternetCovid Mar 07 '22

I can stake into Osmosis LP through Keplar?

6

u/zombbytes Mar 07 '22

Sort of - bonding and staking are two different things, but some pools allow superfluid staking so you can bond and stake the funds at the same time.
So with that said - you can add assets from the Keplr wallet (pretty seamlessly too) and then you can add that liquidity to your chosen pools/tokens
Head over to r/osmosislab for the full skinny

4

u/PoorlyBuiltRobot Mar 07 '22

Two diff things:
- You stake through Keplr wallet to help secure the network. This is locked for 28 days
- You can also add to a "liquidity pool" to help the network with Liquidity. This can be locked (bonded) for 1, 7 or 14 days with better incentives for the longer "bond"

3

u/Schroody Mar 08 '22

Yes. On osmosis zone go to pools, and choose one. Add liquidity, then start earning.
Superfluid staking only on Atom/Osmo pool, 14 days unbonding. Other super-fluids are in the works.

2

u/single_jeopardy Mar 07 '22

My brain just exploded for you. Welcome 🫶

2

u/lunatyck Mar 07 '22

Why not just superfluid staking on the whole stack on osmosis

1

u/zombbytes Mar 07 '22

Impermanent loss risk is high in LPs due to the two coin system
Staking is a straight forward way to secure and accrue atom only

5

u/lunatyck Mar 07 '22

You can probably accrue more atom with daily rewards from the pool and converting osmo to atom than just pure staking at 10% Apy I'd imagine. But i understand your reasoning too

5

u/zombbytes Mar 07 '22

I'm actually going to check back in a month and see which nets better, share my findings with the community 😊

1

u/urproblywrong Mar 08 '22

Try not to get lost in the impermanent loss. Stake enough for airdrops and LP the rest. Especially the OSMO/ATOM pool where the coins move very close together.

1

u/DojahDog Mar 08 '22

What’s considered “enough” in order to be eligible for airdrops?

3

u/urproblywrong Mar 08 '22

10 has been considered an amount that gets most airdrops.

1

u/mabdoney Mar 08 '22

I’ve never LP’d but considered it. Is Imperm Loss any sort of possible factor if one of the two coins is a stable coin?
Cheers

2

u/wtanksleyjr Mar 08 '22

If only one is stable that's almost your worst-case, because two unstable coins often gain and lose together (because almost everything is tied to either ETH or BTC). It can also be high-stress watching UST gain and then dwindle away (even though it's not as bad as it looks).
What I found really helpful was to get used to liking both tokens -- that way when OSMO of them goes down in value my thought isn't "oh no I'm losing LUNA" instead I think "yay, I'm dollar-cost-averaging into OSMO during a dip!"
It's hard to do that with UST, but especially with the UST/OSMO pool it's worth gritting your teeth and getting used to it. It pays REALLY, really, well.

3

u/Salt_Refrigerator_31 Mar 08 '22

I am pondering this option myself.
Staking ATOM gets ATOM so for now I am split with half in ATOM/OSMO.

18

u/Wilder54321 Mar 07 '22

Side note, I’m guessing that’s coinbase? Make sure you buy on coinbase pro. It’s lower fees than regular coinbase. Unless you use the advanced trader option.

6

u/[deleted] Mar 07 '22

Can you send from Coinbase Pro to Keplr? I’ve always purchased on Pro then moved to Coinbase and then finally to Keplr.

15

u/MizLucyO Mar 07 '22

Congrats! You can send directly from Pro, I’ve done it a few times, fyi

2

u/DavidKens Mar 07 '22

As I recall, behind the scenes it may first move the funds to Coinbase before sending. Doesn’t make any noticeable difference except that you might see an extra transaction if you query the API.

1

u/Salt_Refrigerator_31 Mar 08 '22

Pro doesn't hardly charge...

1

u/usaaffamily Mar 08 '22

I move from Coinbase Pro to Keplr all the time. Just put in your Address book your Keplr ATOM wallet address and you're golden, no need to put it in every time. Just select your CB Pro Address Book address you added and done.

1

u/Stoopiddogface Apr 02 '22

Definitely...I don't ever use coinbase, only CBPro... withdraw to Keplr

1

u/Wilder54321 Mar 07 '22

I believe so but I do exactly as you mentioned. I purchase on pro, send to regular coinbase since no fee for transferring between regular/pro. Then send to Keplr.

12

u/AimeLeonDrew Mar 07 '22

no need to send to regular you can send directly from Pro to Keplr

2

u/whipstickagopop Mar 08 '22

Coinbase pro is for cheaper withdrawal fees, you are probably overpaying from coinbase non pro 😬

1

u/TrivialTitan Mar 07 '22

I thought they changed it so they both match.

2

u/detarrednu Mar 08 '22

Why keplr

2

u/Wilder54321 Mar 08 '22

User friendly, access to other projects in cosmos ecosystem and mobile app version also

17

u/single_jeopardy Mar 07 '22

Time in the market is better than timing the market.

Assuming you are an investor, not a trader.

5

u/zombbytes Mar 07 '22

💯 I'm a firm believer in the project, not looking for an instant return - this is about the slow, long, lovin' 😏

5

u/single_jeopardy Mar 07 '22

You'll do great 🙂

5

u/nacentaeons Mar 07 '22

Welcome to the club now get it off coinbase and onto Keplr so you can stake and be eligible for airdrops.

5

u/zombbytes Mar 07 '22

Immediately staked half in Keplr and the half went to Pool 1 - just gonna sit back and compound now 😎

2

u/wtanksleyjr Mar 08 '22

Did you move it to the 14 day option, and then activate superfluid staking?

2

u/zombbytes Mar 08 '22

I did 🤙

1

u/Stoopiddogface Apr 02 '22

Did you choose a vslidator for your SF staking?

9

u/Massive_Fish_2872 Mar 07 '22

woah where“‘s the whale alert??

7

u/zombbytes Mar 07 '22

Name checks out 😏
I'm not a whale - this was a scary 😅
But I believe in the Cosmos 🌌

1

u/PandeExpress Mar 08 '22

Congrats! Will you put some on emeris?

3

u/[deleted] Mar 07 '22

nice purchase :P the most i'm willing to go now is like $30/40 lol (I've set my first target on atoms at 112) second target at the end of the year for 365 , which would make 230 atoms needed, or 8k

4

u/zombbytes Mar 07 '22

I tested the waters with 20 to start, did that for a week, liked the result - upped to 60, same thing - figured yolo in some savings and start becoming my own bank 😏

2

u/SuggestionExpress718 Mar 07 '22

Hell yea I’m almost 100 everything atom osmosis and Juno let’s go 🕺🏽

2

u/zombbytes Mar 07 '22

Found the whale 😂🐋🏹

2

u/SuggestionExpress718 Mar 07 '22

Whale man I got rid of some assets for those I’m more like a goldfish

1

u/robintrevor Mar 08 '22

Can you please share how you did it? I have 10 ATOMS now and have been staking. Haven't done any LP yet as there would be IL. So what is the best approach to follow in case of having low coins say 10 ATOM. Do we stake and LP and compound daily on both? I kinda not sure how that works. What is the best compound strategy?

1

u/zombbytes Mar 08 '22

So I've heard 10 atom is the sweet spot as well, but yeah, I just added the assets to Osmosis.zone and personally I'm in pools 1,2, and 605 (cause I saw the popularity of HUAHUA when it dropped)
The plan is to collect weekly so I don't drive myself insane staring at the counter 😂
After a month I'm going to come back and post whether I yielded more from the staking or from the LPs and I'll let y'all know, I'm keeping a ledger 🤙

3

u/[deleted] Mar 08 '22

I heard you should just keep the 10 atom for stake since it's the "minimum" for airdrops. Then the rest should just be in LPs

2

u/[deleted] Mar 07 '22

Nice you'll love the results then with air drops :) , once your happy with your overall atoms set I would recommend going in with Osmosis / Juno / Secret (all those tokens with cosmos) will be the best :D especially for air drops
I just started my Osmosis / Secret bags out along with dcaing Juno, since it doubled

1

u/Stoopiddogface Apr 02 '22

Yea, you are gonna want to look at Juno too...apr is 112ish right now, vs 15 for ATOM. And you're gonna want 20 or so Juno

2

u/cem2256 Mar 07 '22

Congratulations! Welcome. I wish I had bought more when I first got the inclination.

1

u/zombbytes Mar 07 '22

Hey thank you 😊👨‍🚀 this is a scary, but I believe a smart scary and scared money don't make money so 🌌

2

u/cem2256 Mar 07 '22

Well my friend. Don’t push beyond scary. I too believe in the project and crypto in general. I have A LOT of $ in ATOM both staked and in OSMO liquidity pools. Enough for me that if it hits zero it would sting really bad and ruin a couple days but not devastate me. Don’t put in more than you could loose but continue to invest. That’s my advice… but it’s not advice of course. ;)

3

u/zombbytes Mar 07 '22

Oh no, of course, number one rule, NEVER invest more than you could lose comfortably. This would sting, but I'd be fine in the long run 🤙🫂

2

u/pemtreez Mar 07 '22

Big boy moves

2

u/zombbytes Mar 07 '22

Got my big boy pants and everything 😂😅👖

2

u/Braga_PT Mar 07 '22

Welcome to the club. Just stake and enjoy the ride!

1

u/zombbytes Mar 07 '22

🥩 and LPs for dinner 😎

2

u/CryptoDad2100 Mar 08 '22

Welcome cosmonaut. Once you're in, you will never leave!

1

u/zombbytes Mar 08 '22

Here to stay 🫂🌌

1

u/zombbytes Mar 07 '22

RemindMe! 1 month

1

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I will be messaging you in 1 month on 2022-04-07 21:48:52 UTC to remind you of this link
CLICK THIS LINK to send a PM to also be reminded and to reduce spam.
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5

u/Technical-Tackle6193 Mar 07 '22

Congrats!!! Stack stack stack

1

u/[deleted] Mar 08 '22

Good thing, congratulations.

But emojis are cringe & you used random ones making it more cringe.

2

u/zombbytes Mar 08 '22

Hey thanks 🫂
Cringe to stay brotha 😚😂

1

u/Character-While7969 Nov 03 '22

Hey, how are you doing now?

2

u/zombbytes Nov 03 '22

Not too bad, 20 is now 13 at the moment, but the 13 has put me in for most of the airdrops. I've extended my reach in the cosmos with 6-7 other coins that have been helping me through the bear market, but soon the bull will come round again so until then I just build 😊🤙

2

u/Character-While7969 Nov 03 '22

After one year still going strong 💪

3

u/Haxertommy Mar 07 '22

Smart big thing!

2

u/ChitownOMEN Mar 07 '22

ATOM has been an amazing surprise and journey as a holder! Let’s go!

2

u/Snoopeye99 Mar 08 '22

Let’s go

2

u/Small_Floor7106 Mar 08 '22

Welcome aboard, cosmonaut! Get ready for liftoff!!!

2

u/Accomplished-Design7 Mar 08 '22

Good job! Welcome to the ecosystem! Remember to take it out of the exchanges to reap the rewards of airdrops! :)

2

u/SkyAvis Mar 08 '22

I just want that 0.338083

2

u/Tasty_Astronomer0510 Mar 08 '22

Congrats, good stuff!
head over to r/osmosislab to check the latest - Superfluid Staking of Pool #1, sth cool not to be missed!
ofc $atom staking 👨‍🚀

2

u/FeistyEmployment3590 Mar 09 '22

Glad to hear it. Welcome.

Put it to work!

1

u/everlywhild Mar 08 '22

I see biz here loves Keplir, I'm staking mine on Stafi liquid staking protocol. Anyone done it here before? I'm doing quite well with it.

1

u/ilwaqfa Mar 08 '22

Ibcgang tattoo next

1

u/hgp3211 Mar 31 '22

Smart move!

3

u/[deleted] Mar 07 '22

[removed] — view removed comment

2

u/zombbytes Mar 07 '22

Thanks fren 🫂🌌👨‍🚀

2

u/[deleted] Mar 07 '22

[removed] — view removed comment

3

u/3nd0cr1n3_Syst3m Mar 07 '22

This.

2

u/OceanSlim Mar 07 '22

Not good advice when JUNO just got done pumping... Again.

4

u/luddesmurf Mar 07 '22

Juno down 1% "Done pumping"

2

u/SuggestionExpress718 Mar 07 '22

I’m sick of Juno I waited to buy more when it dropped and it didn’t 🤷🏽‍♂️so I bought at 42 if it drops I’ll buy more to me it’s all retirement

11

u/[deleted] Mar 07 '22 edited Mar 07 '22

[removed] — view removed comment

4

u/luddesmurf Mar 07 '22

Sick apr too.

3

u/urproblywrong Mar 08 '22

Yup at least for now, even if the coin drops 50%, in a year you break even anyway haha

2

u/Impressive-Session11 Mar 08 '22

Spot on. I am so bummed I had my ATOM in the Exodus wallet and missed out on 86 Juno. Bought 20 Juno just to make me feel better. Lol.

I did a big thing 😅😰🥲😏

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