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32 ETH is ~$4,800 at today's price of $151.07[1]. What's the expected "payout" for this stake? [1] CoinMarketCap used as source.
by gerikson 7y ago
32 ETH is ~$4,800 at today's price of $151.07[1]. What's the expected "payout" for this stake?
[1] CoinMarketCap used as source.
- DennisP 7y agoExpected payout depends on the total amount staked. With a large amount staked it's only a couple percent annually; with a small amount it's up to 18% annually. The idea is an equilibrium will be reached in the middle somewhere.
- gerikson 7y agoThat's an interesting formula.
- lawfulcactus 7y agoHow are participants prevented from simply splitting up their stakes?
- DennisP 7y agoThe return isn't based on how much you stake. It's based on how much everybody stakes. It's targeting an approximate amount of total ETH staked and doesn't really care how much is staked by each individual.
- omarchowdhury 7y agoMore than the interest paid on savings accounts.