It was intended to be 1 % per annum (uncompounded, haven't calculated the compounded rate), but was raised to 100 percent for a time and is now stepping down back to 1% The time frame is here in the thread, but I don't recall it right now. I do know that we either just did or are just about to go to 50%. Without running a calc, you're return sounds about right.
Ah, that clarifies.
Yeah, I believe we are about a week past the first halving of the reward, another 3 weeks or so to go at the half-rate.
Since it is designed to start at 100% per annum, does that mean that it is a fixed amount that halves every month, so that the size of the staking inputs will determine the frequency of staking and thereby the total reward over time?
The reward of 0.0012 after halving means it was 0.0024 which is about 1/400 so that means that 1 SYNC is expected to stake within a day? That sounds about right for what I saw my 2 SYNC do - generate a Stake block in approx 10 hours.
But that also means that ORB will be more profitable, since that is delivering around 150% interest in a year: 1 ORB per 20 ORB input, approx 10-15 days for staking.
Please confirm that the reward is a fixed amount per block.
Thanks!