The 130% calculation is an dynamic number that changes each day and is reflecting the annual percentage rate of return in one year (not 2 months). Some important information: 78,300,000 AXS unlocked over the course of ~5.5 years, more specifically the monthly staking rewards listed here: whitepaper.axieinfinity.com/axs/allocations-and-unlock/staking-rewards (clicked detailed unlock schedule) So you can see, the 2 million AXS unlocked each month for next 3 months, which will steadily decrease for subsequent months as per link above. This number is AXS staking rewards that all individuals who participate in staking will share. The number of AXS you stake will earn you stake rewards according to your weight of the staked pool. I hope that helps to clear things up!
hello, thank you for your explanation I'm really interested in stacking AXS because I think AXS can easily do an X2 OR X3 during the next few weeks, so I'm keeping, so I discovered stacking, I'm new to this topic, on binance , it is indicated: 115% of yield! on a 60 day block, I think kept 30 days only. my question is can I cut my stacking at 30 days instead of 60 days? then my question on the yield worries me, I understood correctly that 115% is on the year and not on the 60 days, I must therefore do this calculation for 30 days: 115/12 = 9.58% of return? it's huge am I right?
Keep in mind, Binance 115% APR is an annualized yield (if that is what they are offering), so for the 60 days you would get 18.9%. I personally do not understand why you would lock it up in Binance staking when you can stake on the Ronin network through: stake.axieinfinity.com/ Also, follow my video, if you restake your rewards each day you would actually get higher APR.
Very helpful information! I have around 10k I’d like to stake but I’m going to wait it out for now, axs keeps breaking aths and I feel like it could have a dip soon
Why are you staking on Binance as compared to within the Ronin wallet? There are certain terms and conditions you agree to when you stake on Binance. I'm not sure what those terms are. I would recommend staking on the Ronin wallet.
so i staked for 1 day to get that interest but then i need to wait 2 days to get my axs . How can i skip this 2 days waiting time and restake everyday. I USE BINANCE
Negative. Binance creates their own rules with regards to "locked staking" on their platform. It makes more sense to use the Ronin staking platform with higher yield.
How can you reset ronin axs staking when BLOCKED by daily limit ? I have been stopped for 2 days now by a daily limit . This looks to be an axie error but no way seen to fix.
This seems like an unusual error. You might try reaching out to supporting staff in Axie discord. Else, confirm that your browser is up to date and try again. I have never encountered that error before.
But when it is staked for a shorter period of time (say 7 days instead of 1 month or 2 months) the APY interest drops very low (e.g., 15% as opposed to a sizeable 115% for two months). Therefore there’s no upside to what you are suggesting.
I think your math is a bit off. The 115% is an APR (annualized percentage return) and is dynamic. This would be the estimated return on investment of your principle for staking (without restating) over the course of 1 year. If you wanted to calculate 7 days you would simply take 7 days divided by 365 days times the 115% which is equal to 2.2%. The idea of this video is to confine to “restake” to increase principle returns and gain interest on top of interest, capitalizing on the compounding interest effect. I hope that makes sense. Good luck!!
hi sir can i ask you something? im playing axie from US server, im just wondering how can i cashout my slp? i think binance us doesnt have any slp platforms. do you have any recommend? thankyouu sir.
Great question!! I understand the geographical issues of living in the US. Here is a video that may be helpful: czcams.com/video/dkvq0VKkyTk/video.html If you don't have time for the video, Uniswap is really going to be your best option. Try to keep conduct the transaction at time when gas fees are reasonable, use: etherscan.io/gastracker you want to aim for gas fees less than 100 gwei.
I record on Sony alpha 5100 and it overheats after about 15-20 minutes of recording. I need to update my equipment before I can starting streaming but I will keep that in mind!! Thank you for your support!! This encourages me to upgrade my equipment sooner and consider streaming :)
Thank you so much for this video! I have AXS on Kucoin. How can I get it over to Ronin to stake it? I see tons of videos about Binance, but not for Kucoin. Thanks!
You first need to setup a MetaMask wallet, I made a tutorial here: czcams.com/video/dLPhCe5x0ZE/video.html After your MetaMask wallet is set up, you will need to add AXS token to your MetaMask wallet by going to -> www.coingecko.com/en/coins/axie-infinity then on the right next to contract click on the little fox to add AXS token contract to your MetaMask wallet. Then you need to send your AXS token to your MetaMask wallet address. I hope that helps!! Let me know if you are able to figure it out :)
@@AllanRyan Thanks! So it looks like it can only go on ETH20, correct? ...and it looks like it will take about 60-80 US dollars, in fees! Boy I wish there was a better way! Would you personally go to the trouble to stake it or do something else with it? Also, once it is there, is it easy to liquidate it? Thanks for your help!
But if you are restaking axs each day, the APR will drop down subsequently. Have you calculate which is better, whether restaking or just staking in binance with fix APR?
The staking APR on Ronin staking platform is not a static number, meaning, if you start staking at 150% APR, and days later it is at 125%, you are not still earning at 150%, you are earning at the new APR. This means that it is still advantageous for you to re-stake your earned AXS to put that AXS to work for you so to speak to capture the compounding returns. The Binance locked staking appears to have some good incentive, however they have a "max locked staking" of 1 AXS for their higher standard annualized interest rate. You will also need to compare the interest rates and see which makes the most sense for you. If you re-stake the compounded returns on the Ronin Staking platform, you benefit from higher compounding returns. There is no option to re-stake daily returns in Binance.
@@AllanRyan thankyou for your information, I will study further about it. But I just realized recently that we can restake our axs in binance, because the daily profit is not locked, it comes directly into your spot wallet as a free coin, you can use it on trading or restake it as long as the staking quota still receiving. :)
This is a personal question! I am biased. If you have done your research and like both projects and believe in the future value of each one, why not do both?
Can i ask a few doubts?☺️ Binance already have an axs withdraw option to ronin wallet with low gas fees so thats a good thing... My doubts are, 1. Is there any kind of gas fees for staking axs in ronin after it gets there? 2. Is there any gas when restaking also? 3. Final doubt is, if you wish to withdraw axs back to binance for trading, will there be any kind of gas fees? Thanks in advance🙂
Hey Fun & Games! Many other people may have the same questions so it is very helpful that you asked! I will address your doubts in the order you submitted: 1: Are there any kind of gas fees for staking AXS in Ronin after it gets there? Answer: No, once you are in the Ronin network, it is a layer 2 network that does not have gas fees at this time. The Axie Infinity team is discussing releasing a token "Ron" which would be a very low cost token used to transact on the Ronin network but those details are not out yet. 2: Is there a restaking gas fee? Answer: No 3: If you wish to withdrawal AXS back to Binance for trading, will there be any kind of gas fees? Answer: No
@@AllanRyan thats fantastic... i thought when axs will be withdrawn back to binance, there might be an eth fee... but to know that its also free is just perfect☺️👍
How was someone able to steal your Axies? They must sign the transaction and therefore would need your Ronin password. Some people are seeing a UI issues with the latest update. Try updating Sky Mavis first.
The best coin to stake is a subjective take depending on your faith in the project behind the coin. Personally, I believe in Axie Infinity project and anticipate the value of this project to go up over time. Since I have these beliefs, it would not even bother me if the price went down in the short term because I believe in the long term vision of the project.
It's already documented in the axie infinity white paper. The staking rewards are listed in here: whitepaper.axieinfinity.com/ There will be inflation, but its built in.
This is awesome! I'll probably watch this multiple times until I have an AXS to stake :) Daily staking is a nice TIP! Thank you Ryan! I'm no. 8 BTW :D
Thanks for your support, Ramcimoll!! :)
you are always giving great information to the axie community.Continue to support you Ryan
Why staking AXS on Binance is so big 130% for 2 months? What is the reason for so big reward? Can someone explain
The 130% calculation is an dynamic number that changes each day and is reflecting the annual percentage rate of return in one year (not 2 months). Some important information: 78,300,000 AXS unlocked over the course of ~5.5 years, more specifically the monthly staking rewards listed here:
whitepaper.axieinfinity.com/axs/allocations-and-unlock/staking-rewards (clicked detailed unlock schedule)
So you can see, the 2 million AXS unlocked each month for next 3 months, which will steadily decrease for subsequent months as per link above. This number is AXS staking rewards that all individuals who participate in staking will share. The number of AXS you stake will earn you stake rewards according to your weight of the staked pool.
I hope that helps to clear things up!
This video is really great. Thank you so much, Sir! ♥️
Thank you, Kristian!!
Nice, newly added information hopefully I'll use this soon enough
we support you.wishing you to have more success in breeding and axxie infinity,your success is our success,because we know that you are very generous
Thank you, Maricar!!
I never skip ads as always 😊. Godbless you sir.😇
Great video ...love from india❣️👍
Thanks for your support, Mayank!!
So is the APR daily? So lets pretend you stake 10AXS at 150% APR. That means you get 5AXS everyday from that? Or am I calculating this wrong?
APR stands for annualized percentage return. So 150% APR starting with 10 AXS would result in earning 15 AXS after one year or about 0.04 AXS per day.
@@AllanRyan Ok that makes more sense. Thank you.
No problem!!
Great video sir! Thanks for letting us know!😁
You're welcome!! Thanks, Coke!!
hello, thank you for your explanation I'm really interested in stacking AXS because I think AXS can easily do an X2 OR X3 during the next few weeks, so I'm keeping, so I discovered stacking, I'm new to this topic, on binance , it is indicated: 115% of yield! on a 60 day block, I think kept 30 days only.
my question is can I cut my stacking at 30 days instead of 60 days?
then my question on the yield worries me, I understood correctly that 115% is on the year and not on the 60 days, I must therefore do this calculation for 30 days: 115/12 = 9.58% of return?
it's huge
am I right?
Keep in mind, Binance 115% APR is an annualized yield (if that is what they are offering), so for the 60 days you would get 18.9%.
I personally do not understand why you would lock it up in Binance staking when you can stake on the Ronin network through: stake.axieinfinity.com/
Also, follow my video, if you restake your rewards each day you would actually get higher APR.
This is amazing. thanks for the tip bro. I'm planing to invest in axie and in axs for staking.
Good luck!! Thanks for your support :)
The date return also moves by day if you restake each day
Thank you for pointing this out!!
I’ve seen the recent disappointments from axie, but is staking AXS still a viable option?
Hello Allen, do you have to manually restake them everyday, or is it possible to automate this ?
You have to manually restake them each day unless you know how to code up a cron job and are familiar with coding.
Very helpful information! I have around 10k I’d like to stake but I’m going to wait it out for now, axs keeps breaking aths and I feel like it could have a dip soon
Good luck!!
Hi, just wondering if you started staking?
Help pleasseee. Everytime i try to connect my ronin wallet it does not let me. It says next to transaction fee "free x0" in red. Can someone help??
Yes! You need to login to Axie, add your email, then the x0 will change to x100. Good luck!!
Hey. Thanks alot. Your the man. Liking your stuff
Thanks, Julio!! I appreciate your support :)
Hey allan,
Im not sure if you found this but it seems you can stake every few hours this may help multiply this even more ! :)
Thank you, Joe!! Hahaha you guys teach me more than I teach you!! I appreciate the tip :)
You can only stake or restake once per 24 hours
i have staked axs for 60 days in binance, so if the market crashes will i lose my axs that i have staked??
Why are you staking on Binance as compared to within the Ronin wallet? There are certain terms and conditions you agree to when you stake on Binance. I'm not sure what those terms are. I would recommend staking on the Ronin wallet.
Great content, man!
Thanks, Stefan!!
so i staked for 1 day to get that interest but then i need to wait 2 days to get my axs . How can i skip this 2 days waiting time and restake everyday. I USE BINANCE
My recommendation would be to not use Binance. Use the Ronin staking mechanism by Axie. You can remove your assets at any time.
This is nice! Btw, does restaking need some sort of gas fee?
Since Ronin is a layer 2, there are no gas fees for restaking :)
Hello, does restake works also on binance staking, or you have to wait when the locked up period ends to restake it?
Negative. Binance creates their own rules with regards to "locked staking" on their platform. It makes more sense to use the Ronin staking platform with higher yield.
You are so great sir! Looking forward to be part of your team sir :)
Thank you, Michael!!
How can you reset ronin axs staking when BLOCKED by daily limit ? I have been stopped for 2 days now by a daily limit . This looks to be an axie error but no way seen to fix.
This seems like an unusual error. You might try reaching out to supporting staff in Axie discord. Else, confirm that your browser is up to date and try again. I have never encountered that error before.
@@AllanRyan thanks for reponse. It “was” odd. However a couple hours later I tried again and all worked fine.
boxer trainer watching here,hope to watch more videos .
Thanks for you support, John!!
But when it is staked for a shorter period of time (say 7 days instead of 1 month or 2 months) the APY interest drops very low (e.g., 15% as opposed to a sizeable 115% for two months). Therefore there’s no upside to what you are suggesting.
I think your math is a bit off. The 115% is an APR (annualized percentage return) and is dynamic. This would be the estimated return on investment of your principle for staking (without restating) over the course of 1 year. If you wanted to calculate 7 days you would simply take 7 days divided by 365 days times the 115% which is equal to 2.2%. The idea of this video is to confine to “restake” to increase principle returns and gain interest on top of interest, capitalizing on the compounding interest effect. I hope that makes sense. Good luck!!
hi sir can i ask you something? im playing axie from US server, im just wondering how can i cashout my slp? i think binance us doesnt have any slp platforms. do you have any recommend? thankyouu sir.
Great question!! I understand the geographical issues of living in the US. Here is a video that may be helpful: czcams.com/video/dkvq0VKkyTk/video.html
If you don't have time for the video, Uniswap is really going to be your best option. Try to keep conduct the transaction at time when gas fees are reasonable, use: etherscan.io/gastracker you want to aim for gas fees less than 100 gwei.
Hello Sir Ryan,this Leslie,watching,hope you do stream sometimes,Thank you
I record on Sony alpha 5100 and it overheats after about 15-20 minutes of recording. I need to update my equipment before I can starting streaming but I will keep that in mind!! Thank you for your support!! This encourages me to upgrade my equipment sooner and consider streaming :)
Hello Sir ,Praying to be one of your scholar,thinking of it,makes me more excited
Thank you, Kenneth!!
Thank you so much for this video! I have AXS on Kucoin. How can I get it over to Ronin to stake it? I see tons of videos about Binance, but not for Kucoin. Thanks!
You first need to setup a MetaMask wallet, I made a tutorial here: czcams.com/video/dLPhCe5x0ZE/video.html
After your MetaMask wallet is set up, you will need to add AXS token to your MetaMask wallet by going to -> www.coingecko.com/en/coins/axie-infinity then on the right next to contract click on the little fox to add AXS token contract to your MetaMask wallet.
Then you need to send your AXS token to your MetaMask wallet address. I hope that helps!! Let me know if you are able to figure it out :)
@@AllanRyan Thanks! So it looks like it can only go on ETH20, correct? ...and it looks like it will take about 60-80 US dollars, in fees! Boy I wish there was a better way! Would you personally go to the trouble to stake it or do something else with it? Also, once it is there, is it easy to liquidate it? Thanks for your help!
Very useful
Thank you, Marcaum!!
But if you are restaking axs each day, the APR will drop down subsequently. Have you calculate which is better, whether restaking or just staking in binance with fix APR?
The staking APR on Ronin staking platform is not a static number, meaning, if you start staking at 150% APR, and days later it is at 125%, you are not still earning at 150%, you are earning at the new APR. This means that it is still advantageous for you to re-stake your earned AXS to put that AXS to work for you so to speak to capture the compounding returns. The Binance locked staking appears to have some good incentive, however they have a "max locked staking" of 1 AXS for their higher standard annualized interest rate. You will also need to compare the interest rates and see which makes the most sense for you. If you re-stake the compounded returns on the Ronin Staking platform, you benefit from higher compounding returns. There is no option to re-stake daily returns in Binance.
@@AllanRyan thankyou for your information, I will study further about it. But I just realized recently that we can restake our axs in binance, because the daily profit is not locked, it comes directly into your spot wallet as a free coin, you can use it on trading or restake it as long as the staking quota still receiving. :)
That is good news!!
@@rukawa-des5439 im looking for this..thanksssss
AXS or CAKE? What one best?
This is a personal question! I am biased. If you have done your research and like both projects and believe in the future value of each one, why not do both?
Where does the axs made from staking coming from?
Here the is AXS allocation and unlock schedule: whitepaper.axieinfinity.com/axs/allocations-and-unlock
Can i ask a few doubts?☺️
Binance already have an axs withdraw option to ronin wallet with low gas fees so thats a good thing...
My doubts are,
1. Is there any kind of gas fees for staking axs in ronin after it gets there?
2. Is there any gas when restaking also?
3. Final doubt is, if you wish to withdraw axs back to binance for trading, will there be any kind of gas fees?
Thanks in advance🙂
Hey Fun & Games! Many other people may have the same questions so it is very helpful that you asked! I will address your doubts in the order you submitted:
1: Are there any kind of gas fees for staking AXS in Ronin after it gets there?
Answer: No, once you are in the Ronin network, it is a layer 2 network that does not have gas fees at this time. The Axie Infinity team is discussing releasing a token "Ron" which would be a very low cost token used to transact on the Ronin network but those details are not out yet.
2: Is there a restaking gas fee?
Answer: No
3: If you wish to withdrawal AXS back to Binance for trading, will there be any kind of gas fees?
Answer: No
@@AllanRyan thats fantastic... i thought when axs will be withdrawn back to binance, there might be an eth fee... but to know that its also free is just perfect☺️👍
I was stolen axie can i have any chance to tank them back, you are the only one i know to ask
How was someone able to steal your Axies? They must sign the transaction and therefore would need your Ronin password. Some people are seeing a UI issues with the latest update. Try updating Sky Mavis first.
stream soon!
Hey is this the best coin to stake?
The best coin to stake is a subjective take depending on your faith in the project behind the coin. Personally, I believe in Axie Infinity project and anticipate the value of this project to go up over time. Since I have these beliefs, it would not even bother me if the price went down in the short term because I believe in the long term vision of the project.
I need help do you consulting? tell me how much you charge thank you
Hello, Oscar!! I don't consult at this time and I consider myself a curious amateur in blockchain. Is there some question you need help with?
hoping to be part of your team ❣️
Hello sir Allan Ryan Do you have available scholarship right now sir?
This leads to inflation.
It's already documented in the axie infinity white paper. The staking rewards are listed in here: whitepaper.axieinfinity.com/
There will be inflation, but its built in.
Hi sir☝️💕
watching here from the outer space lol
Hahaha
@@AllanRyan Hope you notice my application😀🙏