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You can see my previous post's, But this is now the end of my 5th MIA cycle receiving STX and i'm more hyped then I was in the start.
I lockup for 180 days at a time (12 cycles). But after every cycle ends and I get my STX reward , I sell that and buy more MIA then enter that full amount into another 12 cycle lockup.
The APY dropped significantly this past cycle, Yet I just got my rewards and it's STILL higher than the rewards from my original stack.
Despite MIA moving in zero correlation to the crypto world, (or is it?) I like how it's sitting at just above 2 cents with clear room to get back to 6 cents. I doubt we will be seeing a less than 1 cent MIA in the long-term. The coin has more of a utility than most and STX has so much potential. Anyone else been compounding your rewards to offset the drop in %?
Are we still fans of the MIA stack way or do ya'll have your eyes on better things.
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- 3 years ago
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