You are right, to earn the rewards from LP it is required to bond (stake) the LP units for one of the time periods (1,7 or 14 days). The wording on that is a bit confusing, you are bonding the LP position, and selecting the unbonding time really. So if you pick the 14 day for max APR, you can keep them locked for any time period, but once you unbond, it takes 14 days before you can access those to remove from the pool or do anything with them. Those should be called "Unbond" periods really.
The problems noted on discord and telegram have mainly been from network congestion, and a gas usage issue the team is working on. No security related issues have been reported to my knowledge. If you do decide to bond the LP tokens, in KEPLR for the transaction, select low gas option, but then hit the "set gas button" and change it to something big, like 5000000 or more. The transaction will still be free, but the high Gas seems to be needed to push it through.
AKT had a great time in the last 24 hours. Ask me in a few years if I am benefiting. I'll either be retired from my fiat job and full time crypto, or still slaving away and trying to grind out more crypto in whatever ways I can.
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🌄 Good morning (here)! ☕
Thanks for the confirmation @jk6276. Especially the detail about ensuring my "bond / unbond" transaction goes through without incident. I will try it later this morning, as time permits.
Overall, it seems like this launch has gone quite well, from a performance point of view. That is, fairly smoothly with few bugs to squash. Speaks well for the dev team.
The "big picture" for me is how many "mainstream" tokens they can attract for making LPs for them. At the moment, this seems like a "small pond" DEX by comparison with something like THORChain. Hopefully, it will "grow up" to be all its creators envision.
Have a great day! 👋
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Yes, growth in the available tokens will take time. They are reliant on chains adopting the IBC protocol, which is a time consuming major upgrade each chain needs to perform. Terra Luna is working on it, and that would bring stable coin (UST) which will add a lot of appeal.
The other thing that will help is when the gravity bridge to ETH is live. Then ETH tokens (pegged into the cosmos eco-system) will become available.
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