Not really savvy in the ongoing of these things I should probably learn more so here it goes… how do these work? Interest % has risen slightly but not enough to warrant the big jump in earnings
Not really savvy in the ongoing of these things I should probably learn more so here it goes… how do these work? Interest % has risen slightly but not enough to warrant the big jump in earnings
What i dont understand is that the ETH staking is like minimum 3% and LRC has such a low percentage? Since the LRC staking is such a low percentage, why doesn’t it use protocal behind it to use ETH as a minimum, and then subtract the transfer fees automatically. Then you have LRC staking with a minimum almost equal to ETH while still supporting the LRC environment. But maybe I don’t understand things properly.
You should jump on discord and post this on ama, it would be interesting question for the team.
Cian are also looking into doing something with lrc, nothing set in stone yet. I’m keen to see what they come up with, they are also asking to hear idea’s from others about how this could proceed.
because loopring staking reward is generated from their own ecosystem transaction fee. the more transactions the more staking reward
This.
The staking rewards are just a piece of the trading revenue.
Given the fees are a few pennies per transaction, we need high volume to increase rewards.
With the recent crypto rush, volume has increased and therefore so have our rewards.