RE: 600 000% APR! Stock your BBLURT-BNB Farms before launch tomorrow!

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600 000% APR! Stock your BBLURT-BNB Farms before launch tomorrow!

in blurt •  3 years ago  (edited)

Hi, this is @megadrive I posted with wrong account, so I think you did it right, 187,035 is the Liquidity Pool or stake LP tokens you received upon successfully adding liquidity. It represents a share of the pool.

Yes when I screenshotted at APR earlier there was not much locked value overall on all Robiniaswap farms and pools, maybe less than 80K USD, If you look at their home page now they have a Total Locked Value (TVL) of 700K, this means that rewards are split more evenly across this value so the APR decreases, it will continue to decrease daily until we reach realistic figures of under 100% APR, but should have some weeks in the thousands of %.

Thanks for contributing and hope you have fun.

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  ·  3 years ago  ·   (edited)

Hi @megadrive,

thank you so much for the quick reply!

  ·  3 years ago  ·  

Yes so the launch in around 3 hours your funds are in so you don't need to do anything, you may want to check daily and harvest the RBS token reward and sell it for USDC or whatever you like or reinvest back into a pool or farm of your choice.

If you had liquid Blurt already you could have sent it over the bridge and purchased only BNB, but if you didn't have Blurt then splitting 500 EUR 50/50 was correct and was actually better for the market because Blurt was being purchased.

  ·  3 years ago  ·  

Thank you!

  ·  3 years ago  ·  

Thank you for the update, I have benefited a lot

In India we entered the new year 2022 so
Many many good and happy new year 2022
@tariqueshafique from India