Quote from: jfgreen on June 24, 2018, 04:54:18 AM

Quote from: eerygarden on June 24, 2018, 03:33:28 AM

is it actually worth staking strat? Ive had my coins staking for about 20 hours now, and now it the reward time has increased to 23 hours

not really; ever since binance stakes other users coins has diluted the staking rewards almost in half for everyone else on the network.

I feel bad for people thinking this is still a good price point to sell btc for however many stratis tokens which barley has any effect on staking rewards.

https://chainz.cryptoid.info/strat/#!rich

you can see how many stratis coins top holders are staking; take #66 for example with around 240k stratis coins is only generating 9-11 coins per day; before binance came into the network 240k coins would stake on avg 15-17 coins per day. It doesn't look like it makes sense even if you were ranked #66.

Actually thinking more about this the team prob didn't think a Binance would stake the network with other users coins; at first it prob seemed logical and made sense large stake holders would make the network more secure; but Binance collects stratis tokens on every trade so their Wallet will just keep growing and growing diluting everyone's staking rewards for future use. Did Stratis bite themselves in the ass on this one?

And what is this masternode stuff they announced for over a year? Is this released yet? Are they making the richer more rich with the selective people to run masternodes? Make sure you accumulate 250k stratis tokens to run a masternode! LOL

I think you are completely missing the point here.

Yes staking rewards are low, but they are low for everyone even binance. They are based on the number of coins you hold.
If you dont stake your percentage of the total supply will get smaller. If you stake it will stay the same (actually it will get bigger as not everyone stakes).

Of course you need enough strat so it can pay for the electricity used, but you can stake on a pi or similar.

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