My best tips for Staking at RisingStar
I am a staker. I like that way to earn some passive tokens (not always income). In Rising Star I am a big staker and here I will tell you my best ideas about it.
I always keep 30 000 Starbits in my pocket
If you want to maximize your income from staking you should put all your Starbits you dont need in it....or?
No I dont think so. I always try to keep 30 000 starbits in my wallet. Because when a new record is out for sale I want to be able to be a part of it. It takes 3 day to unstake so can not rely on that amount. So my first idea is "have some liquidity".
Quick in to new pools
As I told above I always want to have Starbits to enter new pools. And I want to do it as quick as possible. Why? Because I earn more from staking if I own a bigger part of the pool. Three times I have owned over 30 % of the pool and once 50 %. Bigger part of pool - bigger amount of the fees.
Here is an exampel. I was in very early and most of this earning I did get first or second day. That is 10 % in 1-2 days
Not all in one basket
Its very hard to know which record will sell a lot - and which will not sale at all. I dont like to put all my money in one basket so I go for all. Just now I have 30 000 starbits in every (almost) record.
Check the sale numbers
Sometimes I check the numbers and see if there is a record soon be sold out. And when it is 5 NFT left I will go out from that pool and go to another one. First - if so many records have been sold maybe there is no more buyers. Second - Dont want to stay in a pool if all records is sold out and I get zero....
Will I be rich and go to the moon?
Nope. That is not my style. I just like mathematics.
Here is an exampel what I have earned.
11 june - 670 starbits
10 juni - 1400 starbits
With about 900 000 Starbits locked that is APR at
11 June 27%
10 June 56,7 %
KEEP ON STAKING - or go out in the sun and buy an icecream. Today is the first day of "10 weeks of school" for all children i Sweden.
Leave My best tips for Staking at RisingStar to:
Read more #musicforlife posts
Best Posts From Minimining
We have not curated any of minimining's posts yet. But you can encourage our curation team to review posts by visiting them regularly and by referring other readers. Because we give priority to frequently read content.
More Posts From Minimining
- Card, DEC, SPS - best way to earn most?
- What is a good price for renting cards 30 days...
- My Staking Starbits Card - Calculatoin of APR
- Using Splinterlandaccount WITHOUT Active key...
- What is your ROI at Splinterland ? Earnings vs Value of Deck
- Best way to invest in RisingsStar - A test (Win 5 000 starbits)
- Weekly Earning for staking Starbits in Risingstar
- 1-2-3 How to Start playing Risingstar
- My earnings in Risingstar - and my way to more Starbits
- Win 1 Rare card in Rising Star
- Get 5-10 USD - Learn and Earn
- Tokenomics for Quick
- My best tips for Staking at RisingStar
- HOW-TO Liquidity Farming at Quickswap
- My Actifit Report Card: June 2 2021
- Five Brit Poster for free.... first five comments
- 5000 HP !! And level 75 in RisingStar (Giveaway)
- Don´t buy Rising Star Booster with Hive....(I compare prices)
- GUIDE - How to farm with DEC
- I am the "Rising Star Staking Man"