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Why some validators provide 1% commission only?

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Why are you complaining? Enjoy the low commission 😉

Double V- Автор вопроса
Mehmet
Why are you complaining? Enjoy the low commission ...

Not complaining, just want to know why some is 1% 5% or 10%, just curious whats the diff

Double V
Not complaining, just want to know why some is 1% ...

1% means they get 1% you get 99%.. It's pretty cheap to run a validator so even with 1% it covers the cost easily. When they offer cheap commission they get high staking and can produce more blocks.

Double V- Автор вопроса
Mehmet
1% means they get 1% you get 99%.. It's pretty che...

Considering what it takes I think 5% commission should be acceptable.

Antrix Validators
Considering what it takes I think 5% commission sh...

I don't disagree but if somebody is doing it for 1% why not take it, right? So the next update will force a minimum of 5%? Is this confirmed by officials?

Mehmet
I don't disagree but if somebody is doing it for 1...

And I agree with this sentiment. As a delegator you should try to maximize your rewards. But keep an eye on your validator just in case they get jailed or start increasing the commission percentage.

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