RE: Splinterlands Town Hall September 26, 2022
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Nice wrap-up as always!
!PIZZA
!PGM
!GIF good job
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You are viewing a single comment's thread:
Nice wrap-up as always!
!PIZZA
!PGM
!GIF good job
Via Tenor
Thank you, ThaddeusPrime! I really enjoyed A.J and Aggroed's recap of EMP. I'm too intimidated at this time to join it, but I wonder how easy it is. AJ and Aggroed did a great job of really covering the basics to help others understand it better. I guess my question is: how much do you need to even start to invest in it? Do you need to be a big whale?
You don't have to be a whale at all.
About 25LP (liquidity pairs, SPS/NBN) which is about $300, would get you at least 1 ticket a day for the daily lotto when you compound each day.
Of course, you can start with less, and while the lotta chances aren’t there yet, you still stack you SPS and BNB faster than you can anywhere else. Once, you are ready you start claiming, just go with the 6/1 or 5/2 model(compound 6 days, claim(withdraw) 1 day). This way you are still earing while withdrawing and extending the time till you fully withdraw.
Gas fees on the Binance chain is about $.20 to compound. So wise to invest enough that the cost of gas fees, no matter how cheap, don’t out weight your investment, and either way getting 365% of you investment over time is hard to find anywhere.
Ok thank you so much for this, Thaddeus! It's helpful for sure! Is there a video or something to walk me through how to set this up?
Here you go!
@stever82 is a great source for both EMP & SPL
Also, the EMP Acedemy (link on website) is the free education guide offered, and it's the best for EMP overall ecosystem.
YAY! Thank you!! I'll save this and watch it later when I have some time. I appreciate your help!! :)