Your LP rewards show up in your wallet once every 24 hours. There is a countdown to the payout time at the top of the pools page. Don't even need to claim them, they just appear in your wallet.

The main reason for having unbalanced pools relates to Impermanent Loss. If you are bullish on one token more than another, a pool with a higher weighting of that token (in this case, AKT) will suffer less IL than a 50/50 pool. Balancer uses these pools a lot, and Osmosis is modeled after Balancer to a large degree.

The "no fee" option is great to let people get started. I'd recommend buying a little OSMO at some stage as I'd be surprised if it stays no fee forever.

One other thing to be aware of is that the bonding times are confusing. Regardless of which one you pick, you are actually bonding your LP tokens for however long you like. The time's (1,7,14 days) are actually the unbonding times. So you can leave your LP in for as long as you like, but once you decide to, it will take 14 days to unbond and get your funds back liquid.

Glad you got in without too much difficulty mate, keep us posted on how it all goes.

Cheers,

JK.

P.S. Tweeted this article out

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