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Genius Are You a True Genius? - Genius Yield's $GENS Token Treasure Hunt
Cardano-Based Project Revuto (REVU) Announces New Staking Pool for Yield Genius (GENS) Rewards
Genius Yield: The Yearn Finance of Cardano. Or something more?
Genius Yield: The Yearn Finance of Cardano. Or something more?
Genius Yield: The Yearn Finance of Cardano. Or something more?
What's happening with Cardano??: ISOs and quadruple yield
"Comparison of ISPOs on Cardano" - Brilliant post found on the Cardano sub worthwhile read for anyone looking to delegate to the present and upcoming Cardano ISPOs
Calling all Cardano holders - Genius Yield is a new Automated Yield Optimizer on Cardano - ISPO starts Dec.15 - look inside to learn more
Mentions
ADA ADA ADA ADA and lets not forget ADA WMT IAG AGIX GENS SNEK
EMP, ENCS, HUNT, FREN, LENFI, INDY, BOOK, GENS, OPTIM and a few others All promising projects imo doing a wide variety of things from decentralized real-estate, to novel liquidity provision and even e-book/audiobook ownership and trading platform
Yes sir! Staking my GENS and buying more ERGs every month. Not doing any degen stuff with them.
A man of culture I see. I assume you’re staking GENS at the moment. What are you doing with your ERG? May I ask?
Nice I also hold ERG and GENS!
I converted a lot of my ADA into the Cardano ecosystem. I now hold GENS tokens (Genius Yield) DEX. I also yield farm ERG (Ergo) & SPF (Spectrum Finance) DEX token and collect rewards off that daily then reinvest those rewards back into the yield farm in an attempt to maximize my ability to accumulate during this bear market.
Genshiro (GENS) : Not even $100k market cap.
I basically swapped ADA (Cardano) for GENS (Genius Yield Dex).
MILK, MIN, AADA, WMT. Other notable ones on my list which I haven’t bought into are; LQ, GENS, MELD.
Even better is if you stake with certain ADA pools you earn APY in ADA, PLUS you will participate in an ISPO and earn other coins as rewards (XRAY, DANA, GENS)
You gotta buy GENS it's down 99%, you can't go wrong /s
Haha. That would gladden my heart. I would simply add up on BTC and ETH alongside other of my tokens with great users adoption the likes of BSW, GENS and EQ hoping that the lattermost would have launched by that time. Only projects with such adoptions might scale through this bear as many tokens might go to dust afterwards.
Take note.... you can only buy 300~400 GENS per person. I got 1000 GENS just from staking
Based on the article, seems like if you stake your REVU on the Revuto platform, you can receive GENS after the 90 day staking period ends. The bonus is you receive more staking the REVU than the traditional ADA/GENS ISPO.
Here's a cool on I'm researching right now. Genius yield, they're in ISPO for another 20 epochs, the pools are pretty full but you could sneak a small stake in GENS2 and earn some tokens that way. [https://www.geniusyield.co/](https://www.geniusyield.co/)
Yes. You risk roughly 2.5% additional ADA staking rewards, this is correct. I just meant you aren’t risking your current stack. To me, GENS has a legit all star team, a very VERY good white paper and is generally geared for success so I am pretty confident the GENS I get will more than cover the 2.5% based on how the other recently released projects are performing. But end of day - yeah GENS is about as ‘risky’ as an ISPO will get.
So these are all done via Yoroi. It all depends on the stake pool you choose. Genius Yield has their own stake pools - GENS1-GENS3 and GENSX. One thing to note, not all ISPOs are the same. GENS takes all of the normal ADA rewards, but you end up getting more GENS because of it. Minswap actually didn’t take any of your ADA so you got both ADA and MIN. Sundae is the same as Minswap, you get both. Basically check around the Cardano subreddit and you’ll find all kinds of posts asking about currently running ISPOs. ISPO is Initial Stake Pool Offer btw.
Stake in an ISPO. There are plenty. Minswap ended up being airdropping an equivalent of 10% of your ADA in about 2 months of staking. So if you staked 1000ADA you got roughly 100 ADA worth of MIN tokens as a return in a couple months, on top of normal ADA rewards for staking. Sundae is doing theirs for a month and it’ll be lower but still a few % worth in a single month. Then there are things like Genius Yield which give 0.0025 GENS per ADA staked per epoch. They are running their stake pool for 6 full months. So you stake 1000 and end up with 100 gens in 6 months. Gens only has a 100m supply… so if GENS ends up at the current sundae market cap… that’s $10 per GENS… so a potential 100% return in 6 months with no risk to your initial ADA. Literally printing money right now just be holding.
Stake ADA for genius (GENS)
NFT, buying other token such as DANA, Hosky etc.. and sundaeswap (Cardano uniswap) is getting out 20 January. staking to earn rewards (not locked) + delegate to ISPO such as MELD, GENS, SUNDAE etc.. to earn their tokens when their dapps launches. + Lots of defi apps getting out this quarter and Q2.
Thank you! I looked it up and decided to opt for the 100% GENS. What option did you go for?
There's a 50% ADA/50% GENS pool so you can still receive half your ADA rewards but yeah you're right, the GENS are paid instead of ADA as the ADA rewards are paid to Genius Yield instead.
There are 10,000,000 GENS to be distributed in total which will be sent out 50% at a time, first half on January 2023, second half June 2023. You will receive a percentage of those tokens proportionate to the amount of ADA you have staked. You can choose to stake to a 100% GENS pool or a 50% GENS/50% ADA pool, so if you choose the second you will still receive half of your ADA staking rewards. If you use the 100% staking pool then you'll get 0.0025 GENS per 1 ADA staked per epoch.
Genshiro (GENS). I got about 30k coming my way from the parachain slot they won on Kusama. Not hard to believe it will ever reach $1 with a supply cap of 1B.