Upgrading Your ListNerds Part 2: Unstaking

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This is the second part of a multi post about upgrading in ListNerds, My decision to upgrade, the process & advantages for anyone who has been just sitting on the fence about getting in. Now is the time!

If you're like me the cost of an upgrade is hard on the pockets. In light of that, I had to find a way to upgrade.

Note: Understand that this is not financial advise, I am Just sharing what I'm doing so maybe it could be a possible solution for you.

My Plan

Before deciding to unstake some of my ListNerds, I had a plan that I would use a credit card for to upgrade in ListNerds & then unstake some to repay the credit card & continue to pay for the upgrade.

In a discussion in my mastermind group, I was given a better idea.
Unstake the ListNerds that I need now and in ten weeks the listnerds will be liquid and then I swap out and pay for my upgrade.

Yes that means I have to want ten long weeks before I can upgrade but, tht will save me in the long run. I won't have to worry about making payment to my card not to mention the interest charges that would accumulate. After all I would have to use the card for 2 -3 months while waiting for the ListNerds to become available.

I was ready to take these steps now as I wanted to be able to email everyday and earn more ListNerds. However, the suggetion that was given to me by one of my mentors, @blainjones, only made since. He said "why go into debt using my credit card when I could just unstake & let ListNerds pay for itself.

Understanding The ListNerds Payment Screen

Before you do anything you first know the parts of the payment screen be able to understand it. Below is a description of each action....

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HE Liquid - This is any liquid amount you hold on Hive-Engine, This amount can be transferred into ListNerds and than staked in ListNerds.

Liquid - This any liquid amount you have in Listerds. If you have transferred any into ListNerds from Hive-Engine or won any Linerds in the 'Shaky Shaky', they will be here. Here I have 10 that I won in the Shaky Shaky.

Staked - This is the amount of ListNerds you have staked inside of ListNerds

Ready to claim - This is the amount of ListNerds you have earned from your staked amount or emails that have been sent & verified.

Unstake - This is any amount of ListNerds that you have unstaked and is waiting for the unstaking process to be completed. It takes 10 weeks for ListNerds to complete the unstake process.

The Unstaking Process

Then process of unstaking is really simple.

First click on the unstake button in the pink box to bring up the box that allows you to put in the amount you want to unstake. Click unstake & the process is complete.

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In the photo You see that before I did my unstake I had a total of 1,562.394 staked. I unstaked 250 ListNerds.

The photo below shows that after I did the unstake, I had a remainder of 1,312.394 and it shows in the pink box that I have unstaked 250 ListNerds.

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Now I just have to wait for the unstake to go through to be able to swap. When the 10 weeks is up I will then have liquid Listernds that can be then transferred to Hive-Engine for swapping.

If you like to read the Part 1 of this series You can find it here.

Upgrading Your ListNerds - Part 1

See Ya soon for part 3 of 'Upgrading Your ListNerds' Where I will discuss how to transfer & swap your liquid ListNerds.

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If you like to earn #CTP/#listnerds tokens click the link below the picture and get started today!
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ListNerds- Click Here!



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Great update and thanks for the explanation on unstaking. I didn't unstake yet so it's very helpful!!

I think it's a smart move not to get into debt. Crypto will pay for itself.

Have a great day.

!ALIVE

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Glad I could be of help. I wouldn't advise unstaking unless you have a need to do so like I have. The longer you hold the more you earn, but it's great the way you can earn your listnerds back in just a couple of days.
It's only been two weeks since I first unstaked and I have earned back nearly twice as much of my unstake already.

!CTP

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So...

Does your credit card give rewards?

If yes, than you can upgrade 2-3 weeks before your listnerds is available, then gain the credit card rewards then pay off before interest accrues.

This wont work if your credit card already has debt on it.

Found you on LN :)

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Well, I'm sure there's some type of rewards but it's actually my husbands credit card which I know most of them he has have some type of cash back or travel rewards.

That is an idea but I think I'm just gonna wait on the unstake and that way I won't have to worry about paying anything back. I'll be able to keep most of it on hive and invest in other cryptos I want. After doing ,y upgrade of course.

!CTP

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That is some great advice. I look forward to seeing your post about your progress. Have a great day. Take care.

!CTP

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Thanks for the upgrading tips of unstaking and let ListNerds pay for itself. Love this.
!CTP

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Thanks! I'm glad you found this interesting & useful.
There's nothing better than having your business pay for itself, that's the goal with unstaking my ListNerds on a regular basis. I figure with what I unstake it will pay for a little more than just my upgrade in ListNerds. Soon I won't have to come out of my pocket for my business expenses.

!CTP

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