While I enjoy the idea and the development of Publish0x, I am afraid I don't completely share their passion of DeFi and various strange ERC-20 tokens. I do like HODLing ETH itself, I cannot fully comprehend where this whole ERC-20 environment is moving.
One of the strange(r) tokens used here for tipping was Loopring (LRC). Initially I did not know what to do it - the same way I am lost with FARM at the moment and I decided to fall for the Atomic Wallet trap, which saw a great bunch of advertising here.
I withdrew a small batch of 7.65 LRC to Atomic Wallet a while ago and it has been stuck there for quite a while. Probably it will be stuck there forever. I have been waiting for ETH 2.0, ETH 3.0 and etc, which kept promises of payment scalability over this network, however the cost of possibly evacuating this LRC and turning it into ETH or BTC is evaporating by the day.
The good news is that LCR seems to have enjoyed a ride to the moon by itself, so now my forever stuck hard-earned LRC is valued at USD 5.50.
Bad news is, as of today it will take me USD 25.47 worth of ETH in order to salvage it out of my Atomic Wallet fiasco.
One option I see is to possible purchase a bigger amount of some crypto using their fiat-to-crypto service, however I see they use this Simplex service, which doesn't go well with my debit and credit cards for some reason - it always raises security alarms at my banks. Theoretically I would be able to move the much bigger amount of crypto out of there for a much lower cost as a percentage of the whole transaction.
In the past I have been able to withdraw the other tokens and ETH itself to CEX, where I would convert to BTC and ETH, which I like to HODL and accumulate. LRC was subsequesntly listed on Coinbase, which helped and AMPL on KuCoin, which is also fine for me. FARM is my new LRC dilemma and it appears I will keep it in Publish0x until it gets listed on a CEX I use or it gets converted into something else here.
I would be quite interested to hear about possibilities and ideas by more adept people.
Thank you
