So from my understanding if i unlock the stake i will continue to get rewards for 15 days and that's it? No more rewards after the 15 days even if the node is still running ?
Just need to know if i have to keep the coins locked to get the rewards or not, i intend to keep this node up and running and maybe start another one however having all those coins locked upsets me a little since the reward is pretty little, from my math to get the 15000 ITALO in rewards will take more then 1 year at the current reward rate..
May i suggest that you guys add a page on your website related to the Reward system, at the moment information is pretty scars.
So from my understanding if i unlock the stake i will continue to get rewards for 15 days and that's it? No more rewards after the 15 days even if the node is still running ?
Yes exactly, but the node needs to run for this 15 days 24/7 for you to get the rewards, after 15 days you get your coins unlocked and the node gets canceled.
Just need to know if i have to keep the coins locked to get the rewards or not, i intend to keep this node up and running and maybe start another one however having all those coins locked upsets me a little since the reward is pretty little, from my math to get the 15000 ITALO in rewards will take more then 1 year at the current reward rate..
it can be even longer than 1 year its all based on how many total nodes are running, its esential that the coins need to be locked as if not you could make 1000 nodes with the same 15k coins.
Just need to know if i have to keep the coins locked to get the rewards or not
Yes they are automaticaly locked until the node is running, and if you get decomissioned because you shutdown the node you will get the coins unlocked after 30 days
May i suggest that you guys add a page on your website related to the Reward system, at the moment information is pretty scars
The reward system works pretty simple, if there are 40 active service node you will have to make the math based on how many nodes you have. so for 1 node with 40 total nodes you will do like so
the block reward is 3.3 total nodes are 40 and your node 1
3.3 coins every 40 minutes as the blocktime is 1 minute
if you have more then 1 node you x the 3.3 coins x how many nodes you have and you get the total for every 40 minutes