Unlike other L2s, you don’t use loopring directly in metamask. Transfer/deposit/withdraw is all on https://loopring.io/#/layer2. You also trade (swap) and have pools on loopring directly, don’t need uniswap. Metamask still connects to it, as withdrawals and deposits are (of course) between L1 and L2.
ERC20 = BEP2 on bnb chain.
Coinbase doesn’t offer luna/xmr/ksm/bnb (in ny). Gemini offers luna.
Coinbase allows staking, but coinbase pro does not.
Tons of transactions and new positions. All yield farming in noncustodial wallets. I have $0 on exchanges now. Modified many addresses in many address books.
MakerDAO = DAI.
Organized bookmarks.
Wallets and staking across a few blockchains.
Polkadot.
Can use Math Wallet for both polkadot and cosmos.
Can also use polkadot.js for account management, sending, staking, etc. https://polkadot.js.org/apps/#/accounts. This will autolink to your mathwallet.
Remember polkadot is npos, so you “nominate” a validator. Couple other diff limitations: (1) need 120 DOT minimum (~$2500) and (2) there cannot be more than 22.5k validators globally (right now).
General instructions: https://support.polkadot.network/support/solutions/articles/65000168057-how-do-i-stake-nominate-on-polkadot-.
For picking validators: https://support.polkadot.network/support/solutions/articles/65000150130.
https://polkadot.js.org/apps/#/staking/targets.
No full dex on polkadot yet, polkadex soon though.
Avg APY 14.7% rn.
Cosmos.
Can use Math Wallet for both polkadot and cosmos.
No app needed, just send ATOM to the desired validators with appropriate MEMOs (as guided by your wallet). Sketchy. I tested this with a small amount.
List of validators: https://www.mintscan.io/cosmos/validators.
Like all others, choose the obvious. Reputable, not oversubscribed, uptime, low commission, etc.
Staked properly with Keplr. Only chrome is officially supported, but you can install the extension on Brave.
ATOM requires a memo when sending to an exchange, I believe.
Terra.
Terra station extension/app/wallet. Stake through this interface as well.
Supported on chrome but works on brave.
https://station.terra.money/ and https://finder.terra.money/.
Algorand.
Pera for mobile is the most popular wallet.
My Algo for web. It’s not a browser extension, it’s a site. https://wallet.myalgo.com/. Not sure how it interfaces with dapps.
Remember algorand is ppos (pure). You don’t have to delegate or elect anything to stake. Your holdings automatically generate stake rewards.
Cardano.
Daedalus most native wallet, but it’s a desktop app.
Yoroi is the browser extension wallet. Like many, built for chrome but works on brave.
Yoroi generates a new public address for every receipt, which is great/safe. Can’t add to the exchange address book, because it changes every time, but still nice.
Kept most off mobile. Reduce vectors.
Idk. Overall staking appears to be a decent average of ~15% APY. No gigantic distinction of pros/cons for use of wallets/DEXes/apps/mobile/extensions/everything across the many chain ecosystems.
Not sure favorite eth L2/sidechain yet.
Nexus mutual: https://nexusmutual.io/.
More research. Decentralized healthcare. Whitepaper: https://nexusmutual.io/assets/docs/nmx_white_paperv2_3.pdf.
Some as others, you can approach claims assessment with (1) oracle data or (2) crowd-sourced prediction market. In order for (2) to work, people need to have skin in the game. That’s what NXM (the membership token) does; stake it to become an assessor.
Obviously, the smart contract keeps a certain level of solvency relative to exposure. MCR = minimum capital requirement.
Became a member (1tx), kyc whitelisted, and bought some NXM (via the affiliate program eth -> weth -> wnxm -> nxm on cowswap and https://wnxm.eth.link/). More fees for the extraneous transactions but ended up with ~3x NXM tokens.
Then you can stake NXM with up to 20 projects. Remember, if that project has a claim paid on it, you could lose your stake. (this smart contract interaction with very gas-expensive).
You can’t sell NXM when total reserve is below 100% of claims (MCR < 100%). You can’t infinite-loop the discount either, because to sell (when MCR<100, which is probably going to be true for a while) you have to wrap then sell wnxm on uniswap (or another), and wnxm is 1/3 the price of nxm. The discount is unidirectional, can only become liquid if you sell NXM directly on nexus’ swap (when MCR > 100).
