So I have staked 100 FET. How much in total

Question

Fetch.ai

Bold Frog

So I have staked 100 FET. How much in total

will be returned after 21 days ?

#cryptocurrency #english #fetch-ai

0

10.07.2023

2 ответов

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Bold Frog Автор вопроса

Niko | I will never DM/PM you first!
Just a quick summary of short answers to all quest...

So when I claim staking rewards, the costs involved are - Network fee - Commission So that is deducted from the reward and the rest is added to the wallet balance . Is that correct ?

0

14.07.2023

Niko | I will never DM/PM you first! · Accepted Answer

Just a quick summary of short answers to all questions you've asked 1. Staked funds never leave your wallet. They're simply bonded to a validator. 2. Once you unstake your funds go through a 21 day unbonding period. Once that finishes you're left with liquid transferrable funds. This 21 day unbonding period servers as a security mechanism against long-range attacks and maintains stability among delegators. 3. Best validators are determined by: Uptime, Social Presence, Ecosystem contribution, Security and Slash protection 4. APR is your annual return in % 5. Commission is how much the validator earns. If you stake 1000FET with 10% return - and a 5% commission - you earn 95 FET per year, the validator earns 5 FET. Commission is calculated purely on your return. 6. Rewards are attributed every 6 seconds which is the average block finality on our network.

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So I have staked 100 FET. How much in total

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