I just Claimed my Earnest Allocation after watching it for 6 months countdown…
I got 5000 $Cloud tokens and i dont want to blow any possible future Earnest Allocations by moving them out of my wallet. Id like to DLMM on Meteora until Staking is ready for use but im not sure if i should or not…
All the best for your decision
When you use dlmm, if the price of cloud goes up, it will swap to have more of the other pair. You’ll also have more cloud at the end of the day if it moves other way.
You might also lose value to impermanence loss.
That being said, it’s good for the token to have liquidity to prevent price from fluctuating too much. You will get fees (extra money). You’ll need to monitor it closely if you want to go into it as there’s risk involved.
bit risky but best of luck for your decision…I will wait for token unlock
It should be all unlock already. What are you waiting?
can’t imagine that would be the case. personally, I claimed with hot wallet, and moved to ledger
could be the case that early claimers of earnest allocation demonstrate that they weren’t so earnest after all. who knows. ppl have so many reasons to do the things to do (like that story of the guy who sold his jup to save his dog’s life)
personally, I’m of the mindset that earnestness was a gift. next time, to grow the pie, the gift should be to someone else. I can’t possibly deserve it more than once…
I don’t claim yet…
Staking announcement is coming.
LFG
Me too. Staking coming this month. So I will wait until then. Don’t like to keep fund like this.
do it easily, just use 400 bin and maximise your price you think cloud will reach in max bull so you don’t sell cheap when it moves up those bins in your range pool. also use one sided bid ask.
One sided bid ask to aquire more Cloud or to get the Sol? I’m still learning that bid ask thing. I get it backwards all the time lol
U in the Pacific North West?
I’m near Seattle…