I am a staker. I like that way to earn some passive tokens (not always income). In Rising Star I am a big staker and here I will tell you my best ideas about it.
I always keep 30 000 Starbits in my pocket
If you want to maximize your income from staking you should put all your Starbits you dont need in it....or?
No I dont think so. I always try to keep 30 000 starbits in my wallet. Because when a new record is out for sale I want to be able to be a part of it. It takes 3 day to unstake so can not rely on that amount. So my first idea is "have some liquidity".
Quick in to new pools
As I told above I always want to have Starbits to enter new pools. And I want to do it as quick as possible. Why? Because I earn more from staking if I own a bigger part of the pool. Three times I have owned over 30 % of the pool and once 50 %. Bigger part of pool - bigger amount of the fees.
Here is an exampel. I was in very early and most of this earning I did get first or second day. That is 10 % in 1-2 days
Not all in one basket
Its very hard to know which record will sell a lot - and which will not sale at all. I dont like to put all my money in one basket so I go for all. Just now I have 30 000 starbits in every (almost) record.
Check the sale numbers
Sometimes I check the numbers and see if there is a record soon be sold out. And when it is 5 NFT left I will go out from that pool and go to another one. First - if so many records have been sold maybe there is no more buyers. Second - Dont want to stay in a pool if all records is sold out and I get zero....
Will I be rich and go to the moon?
Nope. That is not my style. I just like mathematics.
Here is an exampel what I have earned.
11 june - 670 starbits
10 juni - 1400 starbits
With about 900 000 Starbits locked that is APR at
11 June 27%
10 June 56,7 %
KEEP ON STAKING - or go out in the sun and buy an icecream. Today is the first day of "10 weeks of school" for all children i Sweden.
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Me and ny English...
10 week without School....
Not a Easy time to work
Lol I can only imagine!! I got that though. Understood correctly. Teachers really are amazing people!!
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