Starting Monday, 29 September, the sustainability reward fee for xALGO will be reactivated. A 10% fee will apply exclusively to staking rewards. Your staked amount remains untouched, with a 0% fee on the principal.
This measure, approved by the community, supports the long-term sustainability of the protocol, helping ongoing development and maintain system health.
xALGO will continue to benefit from double points
Will the 10% unstaking fee apply only if you stake after Sept 29th, or will the fee apply for all unstaking even if the staking began before the 29th?
It is on the staking rewards, so there will be a slightly lower APR
Still unclear. Will the 10% fee apply only to staking rewards earned after Sept 29th, or will it also apply to staking rewards that have been earning since before Sept 29th?
Another way to ask, would I need to unstake before the 29th to avoid a 10% fee on rewards I’ve earned the past few months?
On the new staking rewards, it is not retroactive