Hi Craig,
On Forex Shark’s AMA with @0xArjay, he revealed for the first time that the DOGS/BUSD will earn the highest rate of PIGS, followed by DOGS/BNB, DRIP/BUSD, and DOGS single staking pool - in that order. So , yes, my “change of plans” was to split my DRIP/BUSD and sell the DRIP at a good exit price. Right now, DRIP is in a correction, so I am not selling just yet. I am maximizing my “plants” and DRIP from the Faucet, and will sell for BUSD on a good chart exit.
He also revealed that the private BUSD presale yesterday is what they will use for the liquidity to buy PIGS and DOGS at launch. What this means is that it would be optimal to buy these L2 tokens WITH BUSD.
So, if it were me, not trade advice, I would want to have an accumulated pool of BUSD sitting in my wallet ready to go before Tuesday.
And yes, my plan was buy PIGS and DOGS at maybe 50/50 ratio, at theAnimal.farm launch. He also explained that pL2 is being swapped at 50/50 with no choice in this proportion because, while PIGS earns from transaction fees, you want to still stake to a PIGS-earning poll or farm so that your ownership of the platform ‘keeps pace’ with the growth of the platform. It would be the equivalent of being one of the first to stake to Drip.
Not sure if you had pL2 but he also mentioned that the snapshot price of REV was $240. So, with the 20% bonus, the buying power of 1 REV should be $288.
(site is up but not active) and immediately stake during the 30 minute grace period. You want to be “in” before they un-pause the emissions.
So to answer your question, I am no longer staking DRIP/BUSD because, if the 3 PIGS-earning farms, it earns the LEAST amount of PIGS.
If you found this reply helpful, would you be so kind to clap for my articles up to 50 times - Medium rewards writers for views, claps, and engagement. Thank you very much for all of your support, Craig!!! :)
Regards,
Ryan