RE: Spread!17 Nov 2023 05:35
Graham, I beg to differ fella ! The % rewards from staking remain the same, so we will get the same amount of tokens each month from staking - Letβs say Polkadot ! We will get a % return from our Polkadot staking, so % amount of tokens. So for example exactly one month ago DOT was $3.56 so if we earnt 50,000 DOT tokens from staking we would have earnt $178 00 for the month from Polkadot (using $3.56 as an average although if be different for whole month) - Today Polkadot is $5.44 - We will still earn 50 000 tokens, but at $5.44 we will earn $272 000 for the month from staking . This will be the same for every token we stake ! So if price of out token increase so do our staking rewards directly proportionally. Also I believe our millions of DOT tied up the the Acala parachain have been released, so going forward I imagine these will be staked now, and will bring greater rewards than the Acala parachain as that was a poor rewarding parachain, the same can be said For Hydra Dx - We get them DOT back in January so will be able to stake more DOT and get better rewards from then also. I appreciate my posts sound Uber Rampy on time but I do have some logic built in to them, even sometimes itβs my logic is a bit different to others - Hope the above helps π Looks like Celestial could hit new ATH today π