Staking rewards not increasing with larger stake??
Staking rewards not increasing with larger stake??
Hi there, curious, my rewards seem to be averaging the same or lower like when i had estimate 2500 ADA I would get a range from 2-5 ADA reward ~ And now i have 10,000 ADA the reward seems to be the same or lower and this has been over quite a few months now??? Is this normal? I thought it was more or less a % so i thought the rewards would increase in number over time… Thanks
Bhanuka Harischandra Answered question July 3, 2024
2.8 to 3% is the most you can expect from staking right now. For each ₳ staked, on average, you can expect 0.0003836 ₳ for each epoch at 2.8%. So for 10K ₳ your staking rewards should average out to around 3.836 ₳ per epoch. This will be less if you’re staking to a small pool or a pool with high fees.
Bhanuka Harischandra Answered question July 3, 2024