So, staking on citadel costs 5% commission. ...and they give

Question

So, staking on citadel costs 5% commission. ...and they give

you 7% in their native token. Where is the convenience 🤔? I don't understand why one would move staking from Keplr wallet to citadel wallet? 🤷

#akash #blockchain #cryptocurrency #english

0

19.12.2021

5 ответов

11 просмотров

Vlad | quasar.fi

5% commission is considered avarege among all validators of Akash Network. Some have 3%, some have 10%. Also, half of the tokens collected from commission fees across all 27 networks that Citadel.one is validating are going to Citadel.one DAO community pool. Further XCT holders can decide on the future uses of those tokens. For example to use them for XCT buyback and burn or airdrop back to users wallets.

0

19.12.2021

Kam B | Blocc Dynamics

Vlad | quasar.fi
5% commission is considered avarege among all vali...

Some validators have 0% commission moving to 1.5% in the new year... 😉

0

19.12.2021

V Автор вопроса

I0ve delgated to some with 3% and 1 even 0% for this year. So I don't see the reason to unstake 21 days, and restake to have -5% +7%... don't see any value proposition - sorry.

0

19.12.2021

Kam B | Blocc Dynamics

V
I0ve delgated to some with 3% and 1 even 0% for th...

You don't need to unstake to change validators. Redelegation keeps you earning rewards even though the tokens take 21 days before you can make another action with them. But yes, the answer about which validator to use is a personal opinion.

0

19.12.2021

PC ⚡️ · Accepted Answer

PC ⚡️

I believe you are staking with them as a validator, not using their wallet. You should still be able to use Keplr.

0

19.12.2021

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So, staking on citadel costs 5% commission. ...and they give

5 ответов

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