👆 Don't forget to hit like and share if you think it will help others 👆 🔴 You can also support the channel by staking in PAUL or PAUL1 which earn Sundae tokens as well as ADA during the Sundaeswap ISO 🔴
@PabloDon272 жыл бұрын
Are these retracted on drip drop
@CardanoWithPaul2 жыл бұрын
They will be available from March 1st
@JaysStrategies4U2 жыл бұрын
rock on dude!! $ada #ada
@NoOne-NoOne2 жыл бұрын
Thank you Paul. Great and concise video. You're a God send and the best video's out there that makes it easy to follow through as we learn. Keep making great content!
@rich89942 жыл бұрын
Nice Vid. Informative pal.
@dwsomers2 жыл бұрын
Thanks Paul, keep doing these types of videos they're very helpful.
@user-yh5dd5jz7x2 жыл бұрын
Thanks Paul! The Video about the staking rewards would be very nice. Keep up the good work!
@TyGreggVideos2 жыл бұрын
Thanks Paul. You’ve helped me out a lot
@JacShou2 жыл бұрын
Thank you so much this is so clear and helpful!
@IC4nia2 жыл бұрын
LOVE YOU! well explained
@stephenparker79972 жыл бұрын
Thank you. Very clear. I will listen to your instructions and then start yield farming.
@sergioberlin78362 жыл бұрын
The first time this was explained, you hit it right on the nail….!!! Thanks so much, if you can do the same for others that would be great step by step.
@ChezVee2 жыл бұрын
Very Useful!..... Thanks Paul.
@pearcemcguinness66672 жыл бұрын
great as per usual Paul thanks mate
@Emmanu_162 жыл бұрын
Great info Paul. Thanks for the live sampling of how to actually do it.
@nicdav1002 жыл бұрын
Love the content you put out, have learned a ton over the last 6 mos. When will you be opening a new pool or two?
@CardanoWithPaul2 жыл бұрын
No plans for a new pool yet. Waiting to see how things stand after the sundae iso before I make any decisions. Thanks
@cryptopanda20972 жыл бұрын
We don't need more MP operators, think about decentralization. Two pools is more than enough! It''s time we support single pool operators more than we support MP operators!
@menechinesaulo2 жыл бұрын
Thanks Paul. This cumunity needs this basic info like you share
@DatNguyen-py4zv2 жыл бұрын
Thank you for the video!
@Legion82AXIN2 жыл бұрын
As always fantastic content Paul, thank you! I keep all my ada in your pool since beginning of last year, watching all your movies and finding this chanell one of the best hopium free , spot on subject and acurate ada content available. For all new ppl out there...Gieve up quick gain idea , DCA every week a bit and follow this chanell...in few years well be all sitting on some dicent profits..:) with love from kerry irl☘
@CardanoWithPaul2 жыл бұрын
Thanks really appreciate that. Good to see ye beat the Dubs last weekend too :)
@Legion82AXIN2 жыл бұрын
@@CardanoWithPaul Always good to see that :)quick question, I was trying to swap ada for LQ tokens , I`m using ccvault connected to ledger nano S. Got as far as confirming transaction yes-no on ledger device but as soon as I press `yes` I`ll get message on sunday website saying `transaction error could not submit transaction`....is that typical because of congested network right now ? tryied like 20 times and also with different pairs...all the same. Could thatbe ledger-ccvault sync issue or sundaeswap website? Ledger is working fine with everything else that im using.
@ReedBurch2 жыл бұрын
Great information Paul. Thank you.
@hobbiecomics2 жыл бұрын
Great Video !!!
@SamerThePilot2 жыл бұрын
thank you. great video
@CardanoWithPaul2 жыл бұрын
Thanks for the support
@jonathanraps79922 жыл бұрын
Great video thank you Paul.
@christuba2 жыл бұрын
Thanks! great video. Still unclear exactly how risky it is. LQ seems to move around a fair bit to ADA - so does that mean it's a bad choice for adding liquidity and YF?
@ysys10792 жыл бұрын
Thanks Paul
@tdt59272 жыл бұрын
Thanks very useful
@johnjames82032 жыл бұрын
clear explanation
@li9752 жыл бұрын
When will sundae swap be linked with yoroi
@CardanoWithPaul2 жыл бұрын
Thats all on Yoroi and still no update from them. Personally I have given up on Yoroi and mainly use ccvault now
@akeman212 жыл бұрын
On ccvault, you can create a new wallet and use your yoroi seed phrase. Use the RESTORE option. I did it, and it works fine. I only use ccvault now. It is great.
@conan43342 жыл бұрын
I was hesitant on do this and now that I have done it, best thing I’ve done!!
@JoeyHollister2 жыл бұрын
Get CCvault or Typhon. You'll be loving life after using those compared to Yoroi
@JoeyHollister2 жыл бұрын
Great Vids! I provided liquidity to Pavia and received some LP tokens in return. No where near the amount of my LQ. I'm not able to stake the Pavia LP tokens. Do you know what I'm able to do with those bad boys?
@yonvo44822 жыл бұрын
Great Video, I am Farming the LQ/ADA pair too. I can see the yield farming Sundae token rewards, but is there a place where I can see the liquidity fee earnings? And are those earnings also paid in Sundae or ADA or LQ? Thanks!
@ron19692 жыл бұрын
I provided liquidity for WMT/Ada when it first was available and have my LQ tokens in my wallet that's connect to Sundae. I cannot Yield Farm though. There is no option. I've watched the end of this video a couple times. Is this because YF wasn't available when I provided liquidity? I'm stumped! Thanks!!! Great video!
@johnlavoy57232 жыл бұрын
Same thing happened to me. I provided liquidity for 0.05% lp fee. For the yield farm you need to pay the 0.3% fee option when providing liquidity. So I had to remove liquidity and do it all over again with the 0.3% fee. It all worked out but had to pay all of the extra transaction fees.
@ron19692 жыл бұрын
@@johnlavoy5723 I’m about 2 weeks in so, so I’ll just wait another two weeks so I get something out. If I leave within the 30 days I think you forgo any gains. Thanks for the heads up!
@CardanoWithPaul2 жыл бұрын
It could potentially be what John suggested about the fee and yield might only be available for the 0.3% rate. If your not locked into yield farming you dont have to stay for 30 days you can withdraw any time and should still get any fees earned from providing liquidity. If it is the 0.05% rate you probably wont have earned much from them though
@greger5892 жыл бұрын
Thanks 👍🇸🇪
@elektrovert11 ай бұрын
So why would you not want to stake your LP tokens? You can't remove any liquidity if you stake 100% ? I like this video format.
@gurpreetjohal58832 жыл бұрын
thank you, question if anyone can help- Do I need to swap my ada first to tokens where i'll be providing liquidity ? Because if i go directly to provide liquidity its says insufficient balance? could someone please answer this question for me. Really appreciate .
@leepaynesnake37192 жыл бұрын
hi Paul, what kind of fee we get when we provide liquidity at sundaeswap website? in ADA or Sundae? because they just write "X.X% LP fee
@CardanoWithPaul2 жыл бұрын
It depends on the pair you are trading. It is generally the opposite side of the pair to ADA as thats generally what the person doing the trade pays. Hopefully they get the LP stats added to the Sundae site soon as well
@leepaynesnake37192 жыл бұрын
@@CardanoWithPaul thank you brother, great video and explanation as always
@shiv.seeking2 жыл бұрын
Thank you Paul, it has definitely been a process learning all this and your videos provide the conviction to act! Question: I provided Liquidity for the WMT/ADA pair at 0.05% Transaction Fees and I did not get the option to Yield Farm, is the Yield Farming only if liquidity is provided for 0.3% Fees ?
@CardanoWithPaul2 жыл бұрын
Yes the yield farming option is only for the 0.3% fee. I personally wouldn't use the 0.05% option as you wont earn much from it in fees. Glad to hear the videos helped too, thanks
@ernieschatz37832 жыл бұрын
@@CardanoWithPaul I'm really glad he asked the question already. There were a few stressful moments before I read this. Lost some fees by having to withdraw then provide liquidity again, but hey I'm staked and I learned something 😅 Sundaeswap still warns of "extreme congestion," but my transactions each completed within a minute.
@swaspc76182 жыл бұрын
Hi Paul, great information. I have a question about the delegation pools. Once I have delegated my ADA to a pool, is it possible to add to the same pool as I buy more ADA? Thanks
@CardanoWithPaul2 жыл бұрын
Ya if you send ADA to a wallet that is already staked it will be auto delegated for you as with Cardano you delegate the full wallet and a snapshot happens every 5 days to check the balance
@swaspc76182 жыл бұрын
@@CardanoWithPaul Thanks, much appreciated!
@cameron67022 жыл бұрын
Thanks Paul for the great content…one question tho regarding impermanent loss…….not clear for me if i would put at risk the original liquidity i provides or is it only the rewards that are at risk (such as much less rewards) Thank you ;)
@CardanoWithPaul2 жыл бұрын
Impermanent loss would be on your original amount as when you provide liquidity the funds you put in are at risk
@growpool11032 жыл бұрын
Ok so currently my LQ pool for WMT/ADA pair has 167.59% APR. My question is, what does that translate into in terms of Sundae tokens over the 30 days lock up period? I have to make sure that is significantly more than what it would make staked to a pool. Since in this case the contract has custody over the ADA. I'm also looking forward to Ardana's stablecoin DEX, it won't be locking the ADA, and still providing the power for various financial instruments.
@Jim-fz2yr2 жыл бұрын
Locked 1200 Ada in LQ/ADA pool since release and made 100 Ada profit comparing to if I just held LQ. There was some impermanent loss (IL) on LQ but as long sundae rewards don't tank after 30 days vesting period, should be profitable strategy as rewards APR are still generous to offset IL.
@matthewewadinger62522 жыл бұрын
Quick question! I've provided Liquidity in WMT, LQ, MILK, DANA, and MIN. I am yield farming in WMT and LQ, but not the other 3. Am I not going to receive any rewards for providing liquidity to those other pools that don't offer yield farming even though it says LP fee is .3%? Am I literally taking risks providing liquidity for no rewards?
@mikeberni1002 жыл бұрын
i find wingriders Dex much easier to use but fees are around 4 Ada per transaction,you forgot to mention fees, fees are 2ada for oil 2ada for the agent plus cardano fees
@CardanoWithPaul2 жыл бұрын
Hey Mike, ya the wingriders dex is good too. The oil fee is returned to you in the swap so the fee per swap is about 2.18 ada
@samforbes21862 жыл бұрын
I have WMT/ADA LP tokens but I don't get any options anywhere to stake them for yield farming. I am using CCVault and have enabled Daps in the setting. Under the liquidity tab I click "more" but dont get an option to stake the LP tokens
@Night-nl8vo2 жыл бұрын
Are there any stablecoins you can use your cardano in the liquidty pools yet?
@CardanoWithPaul2 жыл бұрын
No stable coins yet but when Liqwid or Ardana launch we will have them then
@kimchantima2 жыл бұрын
Can I stop providing liquidity position anytime or I have to wait for a certain period? I don’t see a button saying to stop the liquidity position Thanks
@kimchantima2 жыл бұрын
There seems to be a scammer impersonating you in the comment They ask me to add whatsapp to get the answer I asked
@jonathanraps79922 жыл бұрын
What do you do with the LP tokens after the 30 days? Do you convert them back into the previous 2 assets?
@CardanoWithPaul2 жыл бұрын
after 30 days you can withdraw your rewards and you can either let the LP position start another 30 days or you can withdraw and then turn your LP token back into your initial token pairs at whatever they are worth then
@AllanDoty2 жыл бұрын
@@CardanoWithPaul Is there anyway you can do a more in depth explanation on this aspect? If I want to cash out the rewards, then I'd have to swap from the LP token to something like ADA, and then transfer that to an exchange to sell the ADA for fiat? Is that the process or is that more complicated than it needs to be?
@roserobles69162 жыл бұрын
yea...does simply clicking harvest automatically send our sundae rewards to our wallets?? or do I have to withdraw liquidity to see my sundae rewards.
@roserobles69162 жыл бұрын
@@CardanoWithPaul yea...does simply clicking harvest automatically send our sundae rewards to our wallets?? or do I have to withdraw liquidity to see my sundae rewards.
@jonathanraps79922 жыл бұрын
@@roserobles6916 tried it a few days ago, clicked on 'harvest' signed the transaction but nothing yet. They did say that it could take up to a for it to show in my wallet though.
@patrickliango54182 жыл бұрын
Hi paul, i provided liquidity in sundae swap using pavia/ada pair. I have been providing liquidity for 19 days now and I withdraw 10%, i did not get anything in excess of the ada and pavia from my liquidity token withdraw. I have been monitoring my balance and I dont seem to be earning any share of the transaction fee from the pool.
@HonestTraveller2 жыл бұрын
What wallet do you recommend for Cardano?
@CardanoWithPaul2 жыл бұрын
I use eternl which is formally ccvault. I done a full tutorial here - kzbin.info/www/bejne/pGqQpqxsjrCcp7s
@BigHeadAvenger2 жыл бұрын
Been waiting 6 days for my ADA/SUNDAE pair to be "scooped", so it'll stake.
@CardanoWithPaul2 жыл бұрын
Did you check the orders page to see if it is still in a price range where it can be scooped?
@BigHeadAvenger2 жыл бұрын
@@CardanoWithPaul I had already purchased SUNDAE (took over a week for that to go through) and I was adding liquidity to the ADA/SUNDAE liquidity pool. It finally went through a few hours after I posted about it.
@GoGo-19882 жыл бұрын
So while yieldfarming Sundea token in the LP pool wmt/ada, you will also receive the fee's for the LP? You get both? + you can't see how much fee's you earned?
@CardanoWithPaul2 жыл бұрын
Yes you get both. No they haven't added in the lp stats yet but hopefully get them soon
@samthorpe26662 жыл бұрын
I don't understand the utility of yield farming. Liquidity already provided and people can trade, so how does sundae swap benefit from users locking their LP tokens? Is it just to keep them in the pool for longer to receive rewards?
@1mikemodeste2 жыл бұрын
Paul, it's not clear why I'm unable to Yield Farm after depositing Liquidity tokens on a SundaeSwap wallet (ADA+WMT? I'd received the LP Tokens in wallet 1a that houses ADA+WMT, and the outcome is indicated as completed. But after I'd clicked on the "More" tab, The Stake LP option did not appear at the bottom of wallet 1a. LP fee 0.05%. Is this the correct fee to pay? And if not, can I transfer wallet 1a LP tokens to another newly created wallet 2b within Nami that will hold both newly added ADA+WMT tokens with their existing LP token?
@CardanoWithPaul2 жыл бұрын
From what I have seen there is only yield farming for the 0.3% fee liquidity positions so you could need to close your initial position and reopen in the 0.3% pool, you would then have the option to yield farm
@jmelendez792 жыл бұрын
If Im staking my WMT on my WMT vault, can I provide liquidity? It allowing me to choose. I'm just concerned I will lose out in Staking rewards?
@CardanoWithPaul2 жыл бұрын
No you would lose your staking rewards if you use them in liquidity as when you provide liquidity you send the tokens to a smart contract so they dont sit in your wallet any more
@kimchantima2 жыл бұрын
Is there an option where I can stake sundae token that I will get from Qualified ISO scooper without having to provide liquidity?
@g00glian02 жыл бұрын
Can you explain why LP tokens seem to appear and then disappear from my Nami wallet? I had 11 million LP tokens in my Nami wallet, and then I added more liquidity to SS, and then yield farming, and now the LP tokens are gone from my wallet. No one seems to cover this. I would be super happy if you could explain what is going on. Thanks and love your videos!
@CardanoWithPaul2 жыл бұрын
When you provide liquidity to a pair you get LP tokens to represent them but when you go to yield farm you put your LP tokens into the farming contract and earn on them so they go to the contract rather than stay in your wallet
@g00glian02 жыл бұрын
@@CardanoWithPaul Finally someone with an answer. Thanks Paul!
@aelitatube2 жыл бұрын
Paul, I successfully swapped some ADA for MELD in Sundae. Those MELD now show in ccvault. How do I get that MELD into NAMI so I can use the MELD app to delegate?
@CardanoWithPaul2 жыл бұрын
Have you got the same wallet in ccvault as nami or are they separate? If they are the same wallet they should appear in your nami wallet as well. If they are separate wallets you will need to send the meld to your nami wallet address
@aelitatube2 жыл бұрын
@@CardanoWithPaul Thank you, Paul.
@neilmahoney74582 жыл бұрын
Trying to provide liquidity but just states insufficient balance even if I vary the amount.
@CardanoWithPaul2 жыл бұрын
Sometimes that happens if all your funds sit on the same utxo that is being used for collateral. You always need to have at least 5 ADA sitting on a utxo to use as collateral. If you have more than 10 ADA in your wallet send 5 ADA to a new address within your wallet and that works most of the time
@rydenartorias98592 жыл бұрын
Commenting to support the algo :).
@CardanoWithPaul2 жыл бұрын
Thanks Ryden
@sandbank75062 жыл бұрын
Paul, Do you believe SandaeSwap is Worst?
@CardanoWithPaul2 жыл бұрын
Not sure what you mean by the worst? Currently they are the only working AMM dex on Cardano and adding new features all the time. Rough start with some features missing and network congestion but it has improved a lot in the last week and more on the way
@massimosaracino9602 жыл бұрын
How much time does it take on Sundae to validate a Liquidity Deposit? I’ve been waiting for hours! 🧐
@JoeyHollister2 жыл бұрын
If it's the Sundae Token it could be a week. The queue line is for days
@JamesFinn2 жыл бұрын
When yield farming a liquidity pool token, what is sundaeswap actually doing with those tokens to generate value?
@CardanoWithPaul2 жыл бұрын
There is an allocation in the overal tokenomics of sundae for the tokens that pays these rewards so on a high level the LP token isn't doing much to generate $ directly. It does incentivise people to keep their liquidity in the pools for longer which gives better market depth and a better trading experience for users on the platform which in turn brings more to the dex. Some others would use the fees the dex generates from trading fees to buy back tokens so they can be offered as part of the yield rewards too, I'm not sure if this is part of future plans here or not
@CryptoCommunityBook2 жыл бұрын
Isn’t sundae still testnet?
@CardanoWithPaul2 жыл бұрын
No launched on mainnet on Jan 20th
@Trad61662 жыл бұрын
Is it worth it?
@CardanoWithPaul2 жыл бұрын
Cant say right now as it will depend on how many people do it and what the sundae token price is when it comes to redeeming the rewards 30 days after you start
@jodiamelia54592 жыл бұрын
I'M NEW TO CRYPTO AND I'VE BEEN MAKING LOSSES TRYING TO MAKE PROFIT MYSELF IN TRADING ...I THOUGHT TRADING DEMO ACCOUNT IS JUST LIKE TRADING THE REAL MARKET...CAN ANYONE HELP ME OUT OR AT LEAST ADVISE ME ON WHAT TO DO...?
@grtstretchinsky12 жыл бұрын
Define awhile? 😆
@CardanoWithPaul2 жыл бұрын
Can be 10 mins or a few hours depending on who you ask 😂
@grtstretchinsky12 жыл бұрын
Or a week. 😆
@LarfMarf2 жыл бұрын
Been a while. Paul is looking…full
@CardanoWithPaul2 жыл бұрын
Does that mean I've put on weight 🤔🙂
@LarfMarf2 жыл бұрын
@@CardanoWithPaul maybe a stone.
@reemssmeer-maar-dan-omgeke90282 жыл бұрын
Whatsup with cardano Paul pool 2 rewards of late? Prettttttty low
@CardanoWithPaul2 жыл бұрын
Rewards across the network are down the last while but on top of that pool 2 hit some bad luck in the last few epochs. Current one is set to be back up and hopefully we get a better run for the next few. All comes down to the luck of the draw in the slot lottery. Thanks for the support
@reemssmeer-maar-dan-omgeke90282 жыл бұрын
@@CardanoWithPaul how come cross network rewards are down? Yep i know better Luck next epoch!
@reins9812 жыл бұрын
Sundae swap 😂 what a joke
@bradmaher61192 жыл бұрын
Sundaeswap is unusable unfortunately.
@CardanoWithPaul2 жыл бұрын
Everything but the sundae ada pair seems to be working well now. Sundae ada is still slow with a big backlog but getting smaller every day which is good
@daveologhlen2 жыл бұрын
Lock Down is over, Get a hair cut and stop working so hard lad....
@CardanoWithPaul2 жыл бұрын
haha thanks Dave. 2 weddings and a stag coming up in the few weeks so will be plenty of downtime with them and recovery needed after :)