RE: Does holding DEC always give higher APR vs. Staking SPS?

avatar

You are viewing a single comment's thread:

Sorry just saw this now! Fully agree with all that @kotenoke said. Even with the higher DEC APR, I still prefer staking SPS because of the vouchers. The price range that people are willing to pay for it is quite high.

To add, if DEC's price continue to increase, DEC's APR will generally go lower. My expectation when this happens is that people with huge bags of DEC for airdrop will be "pushing and shoving" to convert their DEC to SPS. I'd rather hold onto SPS where the risk-reward is assymetric at this point.



0
0
0.000
6 comments
avatar

It's all very complicated. So many factors to consider. I'm just taking the simplest route and staking. 😁

!PIZZA

Posted Using LeoFinance Beta

0
0
0.000
avatar

Me too! After doing all of this, I also ended up taking the simplest route and just stake SPS repeatedly throughout the day! 😄

0
0
0.000
avatar

I'm only doing it once a day since, in the UK, everytime you claim is a taxable event! 😱

Posted Using LeoFinance Beta

0
0
0.000
avatar

What?!?! That's shocking and frustrating. Now you have to consider the tax from claiming too. 😬

0
0
0.000