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mar186413857 activity

mar186413857 commented on So need to wait 10 days to change the delegator after unstaking?

This will only be a long answer because the channel has been quiet and boring ???? For legacy delegation it's a 10 day unbonding period, for staking towards a provider it is between 9 and 10 days depending on when you unstake to when the epoch change is (15.15 UTC) For many other networks it happens, some as much as 21 days, but this is normally for different reasons. Elrond's protocol is a sPoS one , (Secure Proof of Stake) meaning staking is vital to the security of the network As per the protocol. The 10/9 epoch (day) unbonding period for active delegation and Staking is clearly defined before people enter it. Here is a quick explanation. After the unStake function is called, funds might still be locked for delegation for several epochs, depending on system load ratio. For this reason, funds will remain locked in the ASC for 10 epochs. So it's to ensure the smooth running of the blockchain. It could be changed via governance in the future, but let's see. Simply put, it is for the security of the network. If people were chopping and changing all the time that could make the network unstable and possibly nodes not having enough stake on them during epoch change and they would therefore lose their node and would have to restake and go to the back of the queue.

mar186413857 commented on What is max supply of Elrond token?

There's an issuance model in place, have a read through the tokenomics , staking rewards come from a combination of issuance on the network and transaction fees Max after 10 years is 31.4 million, but this number will never be hit due to the nature of the issuance model, the more transactions on the network the less the issuance will be https://elrond.com/blog/the-wealth-of-crypto-networks-elrond-economics-paper/ We are in year 3 in the above tokenomics charts found in the link above. Here you can see the token release schedule, which combined with the issuance model gives you the max supply https://docs.google.com/spreadsheets/d/17O63aFdf-AVWBaKqRG994l6hzE3v8RnlpiowE1D4foM/edit#gid=2017602328

mar186413857 commented on Gonna sell my eth and convert to Elrond - but where is the best place to stake Elrond ?

Here is a staking guide: 1 eGLD min, you can download www.maiar.com to stake, or use the webwallet wallet.elrond.com You can read all about the Staking providers here ElrondPartners.com, you can also use the bot @ElrondNetwork_Bot and it will tell you the status of the providers and when space opens up with other providers. Ideally you want a provider with , high apr and that is named. See the Staking guide here https://youtu.be/XHlE8h8kBv4 The fees are already included in the apr rate Info on Dex here https://youtu.be/EnP8xgK5eJw