Hey #IBCGang if you are using a Ledger+Cosmos App for these coins: $BAND $BTSG $CRO $DSM $INJ $KAVA $LUM $ODIN $XPRT $SCRT $DVPN $IOV $VDL $LUNA
Please read below.
This ledger update was brought to you by @ChillinValidtn
!! SLOW DOWN !!
2/4 Don't use your Ledger with these chains (without their chain specific app)
The wallet addresses for these chains are DIFFERENT so
1⃣ Add your address manually (4th Option) and
2⃣ Ensure it matches the wallet address you expect in Keplr.
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3/4
How to Set a Custom Derivation Path
The HD wallet derivation path, or hierarchical deterministic wallet derivation path, is a way to derive multiple accounts from the same mnemonic seed.
1/8 #SUPERFLUID details for @osmosiszone
- Suppose the spot price in the pool is 1 $ATOM = 2 $OSMO.
- Suppose you have provided 100 OSMO and 50 $ATOM worth of liquidity to Pool #1.
- Suppose you have designated validator "Dogemosis" as your superfluid validator.
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2/8 -Superfluid discount factor is set to 10%
*Result*
- Your delegation to "Dogemosis" will increase by 100 OSMO * (1-DISCOUNT_FACTOR) = 90 OSMO.
- You would then get staking rewards for an equivalent amount of 90 OSMO delegated to Dogemosis. However, you also then take
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3/8 on slashing risk from Dogemosis.
- If Dogemosis gets a 5% slash due to double signing,
then 5% of your LP shares '(5 OSMO, 2.5 ATOM)' get
sent to the community pool. Note that slashing amount
does not take into account the risk factor parameter, and slashes the
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