RE: Let's check in on our DAB wallet.

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RE: Let's check in on our DAB wallet.

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lenonmc21 in #inleo • last year

Excellent report, and thanks for sharing.

I have several doubts and I would be very grateful if you could solve them:

I would like to know a step by step to get performance from this system, what I mean is that I should do first (Buy RUG, that I generate DBOND and in turn this generates DAB).

Is this the way it works?

Thanks in advance.

last year in #inleo by lenonmc21

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lbi-token last year

Yes you have it right. There are ways to mint DAB, and other ways to get DBOND. But this process is to buy RUG.

The return from RUG comes each week as DBOND. DBOND is a mining token that rewards you with DAB. Only holding a small amount of DBOND would make the DAB drops very infrequent.

One method someone suggested is to sell the DBOND each week to buy more RUG. This would allow the rug position to grow through compounding, until you are minting enough DBOND to make DAB drops more regular.

At the end of it all, DAB gives a daily drip of HIVE if you hold it unstaked, or more DBONDS if you stake your DAB.

I hope that helps, but I'd suggest looking at some of the @dailydab posts about RUG to learn more.

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lenonmc21 last year

Thank you very much, everything is very clear, it is basically to buy RUG, to have more DBOND and get to have DAB for the drip, however, the idea is to grow the RUG.

Let's see what happens, thank you very much for the answer again.

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