time? Gas fee has been madly high for the past 7 days
14days grace, 1% penalty per week there after
1% penalty until the interest and principal are gone?
correct, 1% from the total
To prevent stakers from embezzling shares and reducing interest to other stakers by not ending a stake when they signed they would, the contract enforces a late endstake penalty. After two weeks of grace period, a penalty is applied that causes the expiring stake to bleed for 1% each week (0.143% per day). This means that after 2 years the penalty takes the entire stake. This penalty is only distributed once the stake owner runs ES, or anyone runs GA on it. Similarly to EES, half of late end stake penalty is then distributed to the staker class, while the other half is immediately minted in circulation trough the Origin Address.
What happens if I emergency end stake? Quick overview here https://t.me/hexsettings/24 Details here http://34.67.129.67/penalties and here: https://docs.google.com/document/d/1P0ZDaBQx4ghkdX5IUwZb1n8ThvYf7i22MSt9Gm00JRU https://staker.app/ will show you estimation for emergency end stake penalties.
HEX contract address: 0x2b591e99afe9f32eaa6214f7b7629768c40eeb39 8 decimals.
https://hexnoob.com/end-stake-calculator https://etherscan.io/gastracker https://hexicans.info/fees/
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