Interest is not compounded. You earn the daily payout X the number of tshares you hold. Accrued daily and paid at end of stake. Stakehex.today
Ok...got you. So, is there a case to be made to do shorter stakes we part and then restake so we can control the higher amounts our interest is calculated off of or not? Thoughts on this idea?
No the opposite. The cost of tshares can only go up so it is best to secure these early, by staking for longer. If you make short stakes and restake at completion, you'll gradually receive less and less tshares, and a smaller payout each time.
Got it...thanks for the link too!
However the fees will limit any compounding gains from short term staking, longer pays better
does the payout for tshares go down as the price goes up? example: we get about 6 hex per tshare rite now and the price is around .10. if the price were do go up to lets say 2 dollars would we still get around 6 hex per tshare or would it go down?
No, the daily payout is based on the number of stakers. We have around 10% of hex staked, which creates the daily payout of ~6. The number of stakers is unlikely to go higher over time, so the most likely outcome is the price goes up, and as the years pass by the daily payout will also.
Thanks! I though we were going to be wealthy but we are goig to be super wealthy
Does that mean it it better to start staking when the price of HEX is higher? I have some HEX and I want to stake them when PulseChain goes life. Is it better to wait for HEX to be, lets say, at 50cents again, instead of the 10cents now. Or does it make no difference because I will always get the same amount of tshares
HEX price has no direct impact on staking.
It means its best to stake as soon as you can for as long as you can. Every day you delay means you'll get less tshares as the orice of them can only go up
Dennis H (0) has increased reputation of Mark O (17)
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