What is your staking/claiming strategy?

Ah, I thought that the delay of the token sale was because of the missing license and it started with having it. Seems like this was something else…

Payout in a stablecoin would also be good to me.

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Perhaps. Although the potential growth of cryptocurrency means that the value of your saved dividends could vastly increase.

Or decrease if in bear market and you hold them :slight_smile:

I am not sure it it’s already mentioned, is it possible to choose another option than your fixed choice(while you NEX tokens are locked)?

I don’t think it’s a fixed choice. AFAIK you can claim your fees whenever you want (with a certain minimum of time between it) and choose how you want to claim it.

for me if NEX is not there as option I will choose BTC

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Claiming is monthly I’m pretty sure!

I don’t know if the timeline has changed, but I asked Ethan about this a few months ago and he said that while it was a priority to allow you to choose how your dividends were paid out, that would likely not be in at launch. Instead, you would get paid in a mixture based on the actual tokens that was traded.

I’d post a link, but for some reason when I try I get an error that I “cannot post a link to that host”.
If you’d like to look, it was posted by him on Twitter on 10 Sept 2018.

@Yevin Yea saw that tweet before. Assumed with the delay that it would now be ready for launch. Maybe we will find out at the event

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in supporting of this point, I think most of the token to be listed in NEX will undergo through serious review to make sure that they are really good projects. So getting dividends from those token will still be profitable in long and short team running.

It wouldn’t be a problem for me to be honest if this isn’t available from the start. I would anyway convert my dividend to the desired token/coin myself after receiving. Would cost me a bit of trading fee, but hey, that would generate dividend for the whole community again, so a win win right? :grinning::muscle:

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I dont think that will cause an issue in the start. Since many people are aware that NEX will not have lot of trading pair at launch. But with time, I guest things willbe good enough so that people can choose which coins/token they wish to recieve devidents with.

Hello , this is my option.

@Bitzion can you elaborate? It doesn’t make sense to me.
You’re gonna divide into 24 stakes and each row represents a different strategy?

If so, why not dividing into 24 bags and have them stake 1 up to 24 months. Each month when a contract ends you put it into 24 months mode so after 23 months you have 24 bags of stakes returning 75% dividends but you still have 1 bag coming available to sell (if wanted) each month, so you have and the flexibility to sell on peaks (if wanted) and you have 75% dividends coming in.

Shoutouts to @Peter for this idea :wink:

Anyways, I think I’ll just stake everything for 2 years. Don’t feel like actively managing my stakes every month :sweat_smile: I just wanna login when I want, to claim dividends and that’s it.

I think it’s the same strategy as you describe but then visualized?

@Nick you’re welcome! I think I saw someone else, also coming up with this strategy on their own (maybe even before me?) so I shouldn’t take credit.

@Bitzion can you confirm your strategy? It seems like you’ll be dividing by 24 and staking all for 1 month intervals, then as each month expires you renew one additional portion for 24 months until they all run for 24 months. Am I correct?

This seems like a good strategy if you want to ensure a free/liquid portfolio to take advantage of capital gains (and don’t foresee much value in the dividends). You could always lock them up for 24 months if and when the volume grows exponentially.

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Definitely not, since the matrix shows only 1 month and 24 month stakes. I was talking about 24 stakes being 1, 2, 3, 4, 5, etc months up to 24. So it has different dividend returns.

The ‘problem’ with having only 1 month stakes every month is that you’re missing out on a lot of dividends.

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It is a monthly stake. the first month I will do 23 stake, the first will be 24 months, I will leave the second one without blocking to block in the second month for 24 months, the third month will be blocked for a month at 25% but will be unblocked to block it the third month, and so, the yellow color will be the wait me to block for 24 months, that will give me a monthly return, and a contro to each month, I know that some do not think but thinking long term and no intention of selling is a good strategy.

you are in my same line, that is what I have planned to do, I know I will stop winning a percentage in the first 24 months, but as I see it is long term, I think the strategy is right for me, I just want to share my point of seen, I think I saw that idea in another thread and I liked to graph it more easily.