Great article. Thank you. The smartest thing to do with your ICP, in my opinion, is to stake for 8 years with no dissolve to earn maximum rewards. Further, in my opinion, one, would earn even more rewards if he/she merges maturity, on a daily basis, back into the staked neuron to compound its voting rewards. By doing this merge, you set yourself up to have a life changing income, from rewards, in the future when the ICP price rises to much higher price levels. I love ICP as a project and as an investment as, I believe, ICP will be the number 3 crypto after bitcoin and ethereum in the next 3 to 5 years 🤜💎🤛
Have you covered how dissolving works somewhere? I don't have a clear understanding of it at all. Thanks to your recent podcast, I think I now know how to merge maturity and have started doing it. Also, when you I merge the matured rewards back into the original neuron, am I right in understanding that that portion of my ICP goes into a different fund which is used for entrepreneurial/venture activities? Thanks Kyle!
Yup. I vote manually on all governance proposals. Also, I vote as a member of the ICPMN neuron (my vote is one of 12 that determines how the ICPMN neuron votes)
Great article. Thank you. The smartest thing to do with your ICP, in my opinion, is to stake for 8 years with no dissolve to earn maximum rewards. Further, in my opinion, one, would earn even more rewards if he/she merges maturity, on a daily basis, back into the staked neuron to compound its voting rewards. By doing this merge, you set yourself up to have a life changing income, from rewards, in the future when the ICP price rises to much higher price levels. I love ICP as a project and as an investment as, I believe, ICP will be the number 3 crypto after bitcoin and ethereum in the next 3 to 5 years 🤜💎🤛
Indeed a powerful roadmap for a decentralised governance. Totally agree that there should be more named neurones
Have you covered how dissolving works somewhere? I don't have a clear understanding of it at all. Thanks to your recent podcast, I think I now know how to merge maturity and have started doing it. Also, when you I merge the matured rewards back into the original neuron, am I right in understanding that that portion of my ICP goes into a different fund which is used for entrepreneurial/venture activities? Thanks Kyle!
Do you vote?
Yup. I vote manually on all governance proposals. Also, I vote as a member of the ICPMN neuron (my vote is one of 12 that determines how the ICPMN neuron votes)