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Скачать или смотреть OHM Staking Earnings Update! Am I Earning 7,614% APY With Olympus Dao Staking?

  • Making Money With Michael
  • 2021-11-19
  • 1651
OHM Staking Earnings Update! Am I Earning 7,614% APY With Olympus Dao Staking?
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Описание к видео OHM Staking Earnings Update! Am I Earning 7,614% APY With Olympus Dao Staking?

Find out exactly how much money I've made from staking OHM over the last 3 weeks!
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How to Stake OHM (video):    • How to Stake OHM on OlympusDao - Turn $511...  

#OlympusDao #OHM #StakeOHM

The way staking OHM works is that it deals with compound interest. The longer you hold your funds in the account, the higher your earnings will be.

When you stake OHM with Olympus Dao, you're earning a value that accrues over time.
When you stake, you earn rebase rewards. These rebase rewards come from the proceeds of bond sales, and vary based on how much OHM is staked in the protocol.

The idea behind staking OHM is passive income. The more OHM you stake, the higher your rewards may be at the end of a given time frame. If the market price of OHM drops below your initial purchase price, assuming you've staked for a long enough period, you should always come out ahead.

Staking requires locking your staked balance in your account to receive an equal amount of sOHM (or Staked OHM). With every rebase (8 hours), your sOHM balance increases automatically.

When you unstake, you're actually burning sOHM tokens to receive an equal amount of OHM tokens back. When you unstake, you forfeit the upcoming rebase reward. The forfeited amount only applies to what was unstaked; the remaining sOHM balance continues earning rewards.

Watch my video on how to stake OHM:    • How to Stake OHM on OlympusDao - Turn $511...  

Disclaimer:
Links in the description are typically affiliate links that let you help support the channel at no extra cost. I’m not a financial advisor. You should always do your own research and make your own financial decisions. This video is for entertainment purposes only.

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