good accounting run , does the hex gets burnt over time or given to stakers as penalties ?
If someone runs good accounting on it the penalties go to stakers
And if neither good accounting or end stake is run, they are burnt ?
They sit there
the hex will bleed out to the stakers
I thought that requires end stake or good accounting to be run?
To prevent stakers from embezzling shares and reducing interest to other stakers by not ending a stake when they signed they would, the contract enforces a late endstake penalty. After two weeks of grace period, a penalty is applied that causes the expiring stake to bleed for 1% each week (0.143% per day). This means that after 2 years the penalty takes the entire stake. This penalty is only distributed once the stake owner runs ES, or anyone runs GA on it. Similarly to EES, half of late end stake penalty is then distributed to the staker class, while the other half is immediately minted in circulation trough the Origin Address.
from what that website says, we would have to run GA to get that bleed out paid out to us as a late end stake bonus
A member of our #HEX community @goldenyacht - aka John Wick, ran Good Accounting on OA Stakes that expired this month before they started bleeding! Freed: 110,000 TShares! That's 1.1% of the pool. Cost him personally $5K Staker Ranks 🚀 https://t.co/pEy6UrT5Tw
There's discussion on voice chat on weather or not that was a better idea then letting the stakes bleed out which is probably what an OA would have done.
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