FunctionX auto-compound / auto-restaking

Questions
1

@SCENE @ClaudioxBarros

Seems like it’s at least possible to withdraw and redelegate in a single transaction : here
Just checked and validated it on testnet :

  1. I emptied my FX testnet account (just leaving enough for a transaction)
  2. since there was ~8 FX available for rewards, I withdrew all rewards and asked to redelegate 8 FX at once.
  3. it worked just fine.
4 Likes
2

Just to confirm, u did it via CLI command right?

3

No, via programming in Java…

4

Maybe once EVM is up, in the future, some community devs will make an auto-compounding protocol for FX Network :kissing_closed_eyes:

5

I see someone in the EVMOS and Cosmos building the first yield optimizer. https://twitter.com/Earnmos1

since fx is also using cosmos

6

Hi guys !

You wanted it, we did it !

:fire: FunctionX AutoCompounder! :fire:
The $FX team is not alone to improve the ecosystem.
FXCore is only 1-year old…
:arrow_right: and you already have an AutoCompounder at reach of your hands !!! :arrow_left:
Watch out here : FrenchXCore FX AutoCompounder

Please like our tweet and RT !

Enjoy and don’t hesitate to share any issue or require help as needed…

@DavidK @zaccheah

Regards/
@FrenchXCore

6 Likes
7

How do we redelegate did they forget to add it on the new wallet …thanks Scene

8

Hi JaydeeBitcoin,

  1. ‘Delegate’ is to stake FX lying in your wallet.

  2. ‘Undelegate’ is to unbond your tokens from a validator - which will be in limbo for 21 days.

  3. ‘Rewards’ is for withdrawing your earned rewards.

  4. ‘Redelegate’ is to change your current validator to another validator.

image

  • You can withdraw your rewards under ‘Rewards’, then delegate again through ‘Delegate’.
1 Like
9

Got it delegate a undelegate are now on the same page.I had mine with The nexus delegator, he changed from a zero commission to 4.25. . It was costing me 8 fx per day …

10

Well, don’t forget that a validator needs cash and time to run and maintain correctly their nodes.
If jailed, it might cost you much more than 8 FX per day (0.1% of your staked tokens and no more rewards) : look at DutchBlue and Paper validators right now.

1 Like