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The discussion initiated by Learncrypto and Shane highlighted concerns about the differences between V1 and V2 staking, potential deprecation of V1, and the existence of a migration tool. The community is awaiting updates on the release and compatibility of a flash loan tool, which could aid in migrating collateralised $LEND without initial withdrawal, with V2.
The discussion was initiated by Learncrypto, a newcomer to the platform, who sought clarity on the differences between staking in V1 and V2. They were particularly concerned about the potential deprecation of V1 and whether they should migrate their stake to V2. This concern was shared by Shane, who brought up the possibility of a flash loan tool that could aid in the migration of collateralised $LEND without the need for initial withdrawal. However, the release date and compatibility of this tool with V2 remained uncertain.
Learncrypto shared their current APY % for staking on V1, which stood at approximately 6.4% without reinvestment. They also expressed their lack of knowledge about the existence of a V1 to V2 migration tool. Shane provided further insight, explaining that the tool, which allows for the swapping of collateralised LEND to AAVE without the need to repay and withdraw first, might only be available on V1. They also noted that the tool was developed outside of AAVE and was not yet available on the platform.
In conclusion, the discussion highlighted the need for clarity on the differences between V1 and V2 staking, the potential deprecation of V1, and the existence of a migration tool. The community awaits further updates on the release and compatibility of the flash loan tool with V2.
Posted 3 years ago
Last reply 3 years ago
Summary updated 2 months ago
Last updated 08/12 04:40