Posted on c/ElrondNetwork 3 kay8227094447c/ElrondNetwork 3 years ago If the fee is higher than the apr is it even worth it? I've seen some providers offering 0% and a fee who would stake with such providers and why? Comment 3 Comments Cry692376503 3years ago The fees is a % of the reward. E..g. you stake 100, Reward say is 20% p.a. You get 20 If fees is 15%, that means it's 15% of the 20 reward. So about 3 is the fee. If rewards APR% is 0, you can't be charged any fees... Any % of 0 is 0. Bli8515787787 3years ago I would be wary of 0%...it costs money to run a node guest8747558844 3years ago the 0% fee mean they do not have active nodes for now
The fees is a % of the reward. E..g. you stake 100, Reward say is 20% p.a. You get 20 If fees is 15%, that means it's 15% of the 20 reward. So about 3 is the fee. If rewards APR% is 0, you can't be charged any fees... Any % of 0 is 0.
I would be wary of 0%...it costs money to run a node
the 0% fee mean they do not have active nodes for now