For example I staked 100ever at 10%p.a and it shows 8%reward fee. So say I keep it staked for 2yrs so my returns are 121 ever. From this do i pay 8% fee or 16%?
you stake 100ever at 10% pa, if you don't reinvest and withdraw every cycles : 10 ever earnt each year minus 8% so 9.2 ever. 109.2 ever the 1st year 109.2 at 10% the 2nd year minus 8% on the earning
If the validation reward is 10% and the DePool fee is 8%, then you will receive for staking 10*0.92=9.2% annual income from your contribution.
Yeah I plan to keep it going for a long time so I'm not gonna take out and reinvest
Where that 10*0.92 come from?
I'm planning to keep it staked for 10yrs let's see how that works out
Come on. I gave up on staking for two years. I'm waiting and watching. The cost is reduced.
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