Quote from: Stucamey on January 04, 2018, 03:42:13 PM

Quote from: magsrevs on January 03, 2018, 08:45:34 AM

Quote from: Stucamey on January 02, 2018, 03:38:01 PM

Quote from: magsrevs on January 02, 2018, 08:16:19 AM

Quote from: zhq123456 on January 02, 2018, 06:44:35 AM

It is not clear how the staking reward is calculated, and it is now found that the reward is not enough to pay the deposit fee.

The staking is calculated as follows:

The staking reward is 0.15% of the exchanges volume. If the exchange does $10M volume in a day, then everyone staking will share 10M * 0.15% = $15,000 between them.
Your share depends on how much BCO you have staked, and the total amount of BCO being staked. Simply divide the amount you are staking by the total number of BCO being staked to figure out your slice of the pie.

As for "it is now found that the reward is not enough to pay the deposit fee", that seems a little misleading. Let's break it down:

You pay the fee only once, not every time.
If you stake some BCO, it will continue to stake until you choose to stop it.
This means that after a certain amount of time, you will have earned the staking fee back.
This will depend on how much you stake - the more you stake, the more you make.

Let's imagine you stake 1 BCO, and the fee is 10 BCO
If you stake 1 BCO, then your slice of the pie is quite small. It may take you a *long* time to receive enough payouts to pay back the fee, considering the fee is 10x your initial investment. This may not be a wise idea.

Let's imagine you stake 100 BCO, and the fee is 10 BCO.
Now your slice of the pie is 100x more, it will take you 100x less time to receive enough payouts to pay back the fee, considering the fee only represents 10% of your initial investment.

The fee is (relatively) fixed, there is no question about that. But what you can control is the % of your investment the fee comprises. And you only have to pay the fee once.

Correct me if I am wrong, but both the buyer and seller on CryptoBridge are charged 0.2% fee, therefore on each transaction, the stakers get 50% of this, therefore 0.2% of each transaction? (note at this stage it is 75% of the fee i.e. 0.3%)

You are correct, both the market maker (the person who proposes the price) and the market taker (the person who accepts the price) are indeed charged a 0.2% fee.
However, the market maker is refunded their 0.2% fee. The market maker also gets 25% of the market taker's fee (ie 0.05% of the trade). This is to incentivise people to provide offers, and thus volume, to the exchange. As they say - get paid to trade. You get paid to offer assets at a set price.

The other 75% of the market taker's fee (ie 0.15% of the trade) goes to the stakers.

Does that make sense?

It does. Thanks. So eventually once the platform gains momentum, there will not be a need for market makers and then the BCO stakers will get 0.2%?

Waiting for BCO to start adding all the other minable alt-coins, this should increase volume substantial (i.e. I mine some random coins, get it deposited onto Yobit at the moment and immediately convert these to BTC and I am sure a lot of other miners do the same). Will be more than happy to deposit them onto Cryptobridge where I could save on fees as well.

Hmm, interesting one, think I need to clarify that one myself. I thought once the market maker program ends, the stakers also drop down to 0.1%, and the devs/exchange get the 0.1% (0.05% from the market makers and 0.05% from the stakers)...but I'm not 100% certain on that.