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RE: Dumping most of my GLX!

in LeoFinance2 years ago

Unless you think GLX is going to actual 0, you're likely to make more from staking it given its high yield based on the 1-year dilution cycle. It's a very high distribution rate (exhausted in 1 year), which is probably confusing most people who are used to slower dilution rates like SPS (5 years). But to each their own. One should expect a strong dip in price & then accumulation again after the distribution is completed. But by then the inflation will be very very very low.

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I dunno I've learned those Defi return rates are largely nonsense! In the context of rapidly declining value of the staked asset I think I'm better off selling!