BitShares Forum

Other => Graveyard => KeyID => Topic started by: kokojie on October 07, 2014, 01:00:08 pm

Title: Why is a lot of the delegates 1% or 0% pay?
Post by: kokojie on October 07, 2014, 01:00:08 pm
When I go to delegates tab, I see majority of delegates at at 1% or 0% pay, what's the reason for this?
Title: Re: Why is a lot of the delegates 1% or 0% pay?
Post by: testz on October 07, 2014, 01:02:19 pm
When I go to delegates tab, I see majority of delegates at at 1% or 0% pay, what's the reason for this?

Check here: https://bitsharestalk.org/index.php?topic=9589
Title: Re: Why is a lot of the delegates 1% or 0% pay?
Post by: svk on October 07, 2014, 02:48:01 pm
It's using the inflation model for delegate pay, so you can't compare it to the % payrate of BTSX. Last I checked, 1% was equivalent to about 10 DNS per block.
Title: Re: Why is a lot of the delegates 1% or 0% pay?
Post by: kokojie on October 07, 2014, 03:42:25 pm
It's using the inflation model for delegate pay, so you can't compare it to the % payrate of BTSX. Last I checked, 1% was equivalent to about 10 DNS per block.

What about 0%? the delegate earns nothing?
Title: Re: Why is a lot of the delegates 1% or 0% pay?
Post by: testz on October 07, 2014, 03:45:16 pm
It's using the inflation model for delegate pay, so you can't compare it to the % payrate of BTSX. Last I checked, 1% was equivalent to about 10 DNS per block.

What about 0%? the delegate earns nothing?

Yes, all what delegate gets destroyed, you can count it as paying dividends to shareholders.