Sup - Quick question about SGN Staking: Is it

Question

Sup - Quick question about SGN Staking: Is it

correct to say that the difference in the commission rate translates directly to the APY? Meaning that if there is a difference of 4% between two validators and I choose the lowest commission, I get 4% more APY? So from a 5.2% to a 9.2% APY? Thank You. It might not work like this, but wanted to ask.

#celer #cryptocurrency #english

0

03.10.2022

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🍊CTRUS🍊 Автор вопроса

T L
No, not at all. Example, You have staked 50000 CEL...

Thank You. Ok I get it, so basically you would receive .05% less of the total celer reward received, using your example of 10% vs 5% commission. Thank You again. 😉

0

04.10.2022

T L · Accepted Answer

T L

No, not at all. Example, You have staked 50000 CELR, and getting 1000 CELR reward as receivable, and one validator is taking 10% commission, and another 5%. Validator A (10% commission) - you will get 1000-1000x0.1 = 900 CELR Validator B (5% commission) - you will get 1000-1000x0.05 = 950 CELR eg. above, you are not getting 5% more APY by choosing Validator B over Validator A

0

04.10.2022

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Sup - Quick question about SGN Staking: Is it

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