Can someone explain me bable fees?i get it that when

Question

Can someone explain me bable fees?i get it that when

you send xcoin from a to b,you pay your fees in xcoin...but i have heard that you can get a part of fees from other coins if you stake...i didn't understand how i can get rewarded with other coins as a staker

#ada #blockchain #cryptocurrency #english

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28.09.2021

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Lgbeano · Accepted Answer

Because the transaction fee is always paid in ₳. You can only pay use another native token to send the token if it has an agreed value with the stakepools. If You want to send 100 x token for example, if stakepools agree it has a value and can be sent for say 10 x token. The sender has a choice to send 110 X token, or 100 X token and the transaction fee in ₳. If you use the X token to pay the transaction fee what actually happens is the stakepool pays the transaction fee in ₳ and distributes those 10 X token to delegates. The delegates will end up receiving a mixture of ₳ and other tokens. If a token doesn't have value stakepools won't accept its use as a transaction fee because their delegates will be receiving a token with no value as epoch rewards. Not all stake pools will have to accept other tokens, so if a delegate only ever wants to earn ₳, they would pick a pool that will not accept other tokens.

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Can someone explain me bable fees?i get it that when

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