so how exactly do MNs work? If I have 1000 GRV, setup a MN as per the guide, payment structure says something like 54%. 54% of what exactly? certainly not of the 1000.. just wanted a bit of insight on this piece
The simplified math is: 54.75% of 7 GRV per block = 3.83
We have blocks each around 1min, so 1440 blocks per day (24x60)
1440 blocks x 7 GRV = 10080 GRAVIUM / DAY
10080 x 54.75% = 5518.8 GRAVIUM for all active masternodes every day
There is 555 Mastenodes Now (it will increase every day) so:
5518 / 555 = 9.942 Gravium per MN per day