Very Important Stable Swap Update!!!

00:02:57
https://www.youtube.com/watch?v=38MK4cthM9M

Summary

TLDRThe video discusses the straightforward process of concluding a stake with Stable Swap, a protocol used for earning interest on deposited funds. The speaker shares their personal experience of a 300-day stake that has recently expired, noting the automatic return of their initial investment plus accumulated interest without needing to take any manual action. The simplicity of this process, which sees the funds automatically transferred back to their wallet after the stake expires, is highlighted as a major positive. The speaker emphasizes their satisfaction with how easy it is to manage their investments on Stable Swap and plans to continue using and reinvesting part of these returns into Pack of Finance, another protocol. They also mention generally maximizing yields through strategic allocation of funds while enjoying the passive income generated over a series of stakes within the platform.

Takeaways

  • 💸 Funds automatically returned at stake end.
  • ⏱ No manual action needed for retrieval.
  • 🔄 Easily reinvest funds into new stakes.
  • 🌟 Satisfying end-of-stake experience.
  • 📈 Plans to reinvest in Pack of Finance.
  • 👍 Simplicity appreciated by users.
  • 📊 Strategies for maximizing returns.
  • 💰 Chasing best APRs for investments.
  • 🔁 Multiple stakes created for yield.
  • ✅ Smooth and efficient protocol process.

Timeline

  • 00:00:00 - 00:02:57

    The video discusses the process and outcome of a 300-day investment with Stable Swap. The presenter addresses common concerns about retrieving the principal post-maturity of the stake. He confirms that he received his funds without any action needed, as they automatically moved to his wallet upon expiration. The speaker expresses satisfaction with the seamless process and describes his strategy of reinvesting the returns into Pack of Finance and other potential high APR opportunities, reflecting his broader investment approach. He concludes by appreciating the Stable Swap team for the user-friendly experience and shares his successful return of both initial capital and accrued interest.

Mind Map

Video Q&A

  • What happens at the end of a stake in Stable Swap?

    At the end of your stake, your initial funds are automatically returned without needing to click any buttons.

  • Is it necessary to manually request the return of funds from a Stable Swap stake?

    No, the process is automatic. Funds are returned to your account and available without manual intervention.

  • How long does it take for funds to be available after the end of a stake?

    Funds are typically available in your wallet within 8 to 12 hours after the stake expires.

  • Can the returned funds be redeposited back into Stable Swap?

    Yes, once the funds are returned, they can be redeposited to continue earning yield.

  • How does the end-of-stake process benefit the user?

    The seamless process allows users to retrieve their initial investment and interest easily, promoting a hassle-free experience.

  • Did the speaker manually interact with their stake at all during the process?

    No, the speaker did not need to interact manually; the process was automatic.

  • What's the speaker's general sentiment towards Stable Swap?

    The speaker is very positive about the experience, appreciating the simplicity and reliability.

  • Why does the speaker mention Pack of Finance?

    The speaker intends to reinvest part of their returns into Pack of Finance to optimize returns.

  • How many different stakes did the speaker create with Stable Swap?

    The speaker mentions creating at least 100 different stakes with Stable Swap.

View more video summaries

Get instant access to free YouTube video summaries powered by AI!
Subtitles
en
Auto Scroll:
  • 00:00:00
    ladies and gentlemen welcome back to the
  • 00:00:01
    channel let's talk about stable swap
  • 00:00:04
    there have always been some looming
  • 00:00:05
    questions on what happens at the end of
  • 00:00:07
    your stake well it's been 300 days and
  • 00:00:10
    it's time to answer those right now so I
  • 00:00:13
    had a stake that expired yesterday at
  • 00:00:15
    about 5:00 p.m. local time and it's down
  • 00:00:18
    in here I've been wondering what's
  • 00:00:20
    happened do I need to go in and actually
  • 00:00:22
    click a button anything like that not
  • 00:00:23
    sure if you can see this under my face
  • 00:00:25
    but it was a $400 stake uh it it closed
  • 00:00:28
    out at 50:6 p.m. so my full 300 days had
  • 00:00:31
    happened I had already got paid all the
  • 00:00:33
    interest in between and now I'm being
  • 00:00:35
    returned my principal and so a lot of
  • 00:00:37
    folks are am I really going to get my
  • 00:00:38
    initial funds back how do I get it do I
  • 00:00:41
    need to request it do I need to click
  • 00:00:42
    any buttons here's the answer extremely
  • 00:00:45
    straightforward extremely simple and I'm
  • 00:00:47
    loving it my term has now elapsed 300
  • 00:00:50
    days has come and gone I didn't have to
  • 00:00:52
    click any buttons it just says expired
  • 00:00:55
    here where it used to say active I go
  • 00:00:56
    over here to my dashboard and the usdt
  • 00:00:59
    is now sitting in my wallet available
  • 00:01:01
    for me to take out or for me to put back
  • 00:01:03
    in if I want to redeposit it and
  • 00:01:05
    continue earning yield so absolutely
  • 00:01:08
    fantastic I'm pumped by it really made
  • 00:01:10
    the process super simple generally for
  • 00:01:13
    me I um I put my receiver address in and
  • 00:01:16
    put the amount in and once I send this
  • 00:01:18
    off to myself it's there within about 8
  • 00:01:20
    to 12 hours what I generally do is I
  • 00:01:22
    just let uh my total buildup and then
  • 00:01:25
    before I go to bed if I'm checking
  • 00:01:26
    crypto or checking my Farms or whatever
  • 00:01:28
    I'll go through and process all my my
  • 00:01:30
    transactions I'll send it to my wallet
  • 00:01:31
    and then when I get up in the morning 8
  • 00:01:33
    hours later it's there and then I can go
  • 00:01:35
    make payments or whatever I want with it
  • 00:01:37
    uh with this initial 400 and the amount
  • 00:01:39
    that I build up I'm probably going to
  • 00:01:40
    put this over into pack of Finance which
  • 00:01:42
    of course is my protocol and I'm going
  • 00:01:44
    to let that build and then I have a lot
  • 00:01:46
    more Stakes expiring I probably created
  • 00:01:48
    a 100 different Stakes at least for
  • 00:01:50
    stable swap because it's been an
  • 00:01:51
    outstanding protocol for me and I wanted
  • 00:01:53
    to keep the train rolling so what I will
  • 00:01:55
    do as the additional ones expire is I'll
  • 00:01:58
    probably figure out like a almost a
  • 00:01:59
    compound claim strategy I'll take a
  • 00:02:01
    portion of it and I'll pump it over into
  • 00:02:04
    pack of finance and then I'll put the
  • 00:02:05
    rest back in at whatever rates available
  • 00:02:07
    at that time if they announce that
  • 00:02:08
    they're going to do some sort of promo
  • 00:02:10
    I'll probably dump it in during their
  • 00:02:11
    promo if not a little more of it may go
  • 00:02:13
    into PKA who knows my point is I will
  • 00:02:15
    basically be chasing the best aprs just
  • 00:02:18
    trying to use the money that I've
  • 00:02:19
    already made to leverage to make as much
  • 00:02:21
    money as possible which is the whole
  • 00:02:22
    name of the game obviously so short
  • 00:02:24
    video today just wanted to show you uh
  • 00:02:26
    that it works nice and simple shout out
  • 00:02:28
    to Danny and the team for making this Su
  • 00:02:30
    seen this process I got into stable swap
  • 00:02:32
    on day one during the early bird special
  • 00:02:34
    that was 301 days ago I now have been
  • 00:02:37
    returned my initial Capital plus all the
  • 00:02:39
    interest fantastic experience for me in
  • 00:02:41
    general so that's it we had questions on
  • 00:02:44
    stable Swap and exactly how it worked at
  • 00:02:45
    the end of your stake those are the
  • 00:02:47
    answers thank you for joining and happy
  • 00:02:49
    investing
Tags
  • Stable Swap
  • staking
  • investment
  • finance
  • crypto
  • passive income
  • protocol
  • APR
  • reinvestment
  • Pack of Finance