Quick question guys. When you stake and delegate your kava

Question

Kava Official

Sammie E

Quick question guys. When you stake and delegate your kava

to a validator, what does the commission means? Is the commission part of the APR or APY?

#blockchain #cryptocurrency #english #kava

0

29.03.2022

5 ответов

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Sammie E Автор вопроса

Or the is commission part of the fee they charge for your getting your reward? I want to o get this clear. What to know what the commission % means when delegating your kava to a validator during a proof of stake.

0

29.03.2022

Sammie E Автор вопроса

hunkerdown
Validators charge a commission (that is a fee) for...

Do they pay you any reward from that commission? For example the commission on Binance stake is 100%, do I get any reward from that commission?

0

29.03.2022

CryptoDaz (Darren)

Do not use the Binance validator as they keep all 100% for themselves. If the staking reward was say 10 Kava and you used a 2% commission validator, they would keep 0.2 kava for themselves and pass on the other 9.8 Kava to you. The current yield is 34.7% APY, but if using a 2% commission validator your yield would be 33.0% APY

0

29.03.2022

Sammie E Автор вопроса

CryptoDaz (Darren)
Do not use the Binance validator as they keep all ...

I missed talking to you.

0

29.03.2022

hunkerdown · Accepted Answer

hunkerdown

Sammie E
Or the is commission part of the fee they charge f...

Validators charge a commission (that is a fee) for providing the equipment and software to stake the KAVA.

0

29.03.2022

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Quick question guys. When you stake and delegate your kava

5 ответов

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