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RE: Leo Talk 5/10/21 - Come Join Our Chat (Part 1)

in LeoFinance3 years ago

I haven't compounded yet but I would think that you need at least 5 CUBs in my opinion. At 1 CUB, your paying about 20% of your profits in transaction fees. For me, I would need to harvest then stake in den so its 2 transactions. So I think 5 CUB would be right for me and it would be roughly 10% transaction cost. But honestly, I would prefer to wait for 10 CUB if possible.

Who knows since my earnings should go up over time as I add more to the pools and DEN.

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I am going to do like you suggest. The fees are increasing on the Binance side for transactions I noticed.

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Yes theoretically, you would want transaction fees to be less than 10% of your value because you want to have more compounding.

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