Some questions about staking Cosmos(ATOM) on Keplr

in cosmos •  3 years ago 

Ok…

I finally set up the Keplr wallet so I can get some DIG airdrops …

But I’m very confused about the staking Option ..

Where is the best place to stake my Cosmos (Atom)

I see that Binance is listed as #1 for staking but it indicates 2.5% Commission ??

Is that the amount of APR you earn ?

I see some show 100% Commission ?????

What does “Commission” mean ?

Is that what I earn ???

Very confusing … anyone know ?

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  ·  3 years ago  ·   (edited)

Thanks… got my answer…

Commission is what the validator takes … so you want a low commission to earn a higher APR

  ·  3 years ago  ·  

Yeah sure but maybee u want to delegate 2 an validator that u know makes good work and then it is ok to pay more comission .
4 Example almost all my Osmosis is stacked 2 notional because behind this validator is @megadrive and @jacobgadikian

  ·  3 years ago  ·  

Ok. I did not know that. I just set up Keplr yesterday … so it’s all new to me.

  ·  3 years ago  ·  

No problem you cant know only wanted to tell u :)

  ·  3 years ago  ·  

What @nerdtopiade said is spot on, voting for @notional indirectly helps Blurt, even though the commission is higher, it's only really like 3% APR difference overall depending on the chain.

  ·  3 years ago  ·  

Anyone ?

  ·  3 years ago  ·  

Bueller ….. Bueller …. Bueller …

  ·  3 years ago  ·  

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