Redirecting $EVMOS to Osmosis & Entering - ATOM / stATOM Liquidity Pool - My Plan & Strategy...

about 1 year ago

Hey All,

I had been waiting for last 14 days for my delegated $EVMOS to arrive in my wallet. I had been missing on the staking rewards for all these 14 days, so it would be close to 30+ $EVMOS that I have lost. Anyways, I knew I'll loose these staking rewards and the plan was to redirect these funds as liquid staking and take all advantage of liquid staking crypto assets along with entering the DeFi pool here on Osmosis - ATOM / stATOM - Pool #803.

Swap $EVMOS for $ATOM

As soon as the $EVMOS arrived to my Osmosis wallet, I swapped all of it for $ATOM. As you can see I got close to 27+ $ATOM from the trade. The next move was to swap half of the $ATOM for $stATOM which is like liquid staked $ATOM. This swap of $ATOM for $stATOM got me 11+ $stATOM and then I was like ready to the enter the liquidity Pool #803 - for ATOM / stATOM...

Added liquidity for ATOM / stATOM - Pool #803

This is not for the first time that I am entering this pool. I already had closed to $700+ invested and with the extra funds added today this brought my total pool balance to above $1K+ and daily earning almost nearing $1 a bit short though.

At present I have locked up all my shares 45+ $ATOM and 40+ s$stATOM for longer durations to earn higher APRs - which gets me close to 27.7% APR incentives and unbounding the assets would at least take 14 days. I started initially with 50 $ATOM and now my investment over time I has grown and with the funds added today total value $ATOM value now stands 90+ $ATOM.. In near future my plan is to bring this value to 100+ $ATOM invested in this pool for a longer period of time and reap the reward benefits daily.

Have your say on ATOM - stATOM pool #803 and Liquid Staking...

Did you liquid stake any of your crypto assets? Are you leveraging the liquid staking facility on the STRIDE platform? What are your thoughts in general about the ATOM - stATOM pool #803 on Osmosis? Let me know your views in general about STRIDE and its token $STRD... cheers