Could someone explain why I’m not getting anywhere near the advertised rewards for my staked amount?
I have 48,208,748 LUNC equally split across seven validators. For the sake of simplicity I’ll do the calculations as one sum with the worst case scenario, currently 6% highest commission, 19 LUNC per 100 LUNA(?) and I’ll round down.
Therefore…
48,208,748 / 100 = 482,087
482,087 x 19 (current, lowest monthly reward) = 9,159,653 LUNC
9,159,653 – 6% (highest commission rate) = 8,610,073 LUNC
8,610,073 / 31Days = 277,744 LUNC per day.
I have had my LUNC staked for 11 days and, therefore, I should have approximately 3,055,184 LUNC according to the above calculations but, I do not. As of now, 11 days, I have 337,481 LUNC tokens.
Have I made a mistake or is there something iffy going on?
Cheers,
Tom.