Why is the Est. APR changing and how is it calculated?
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The Est. APR of TAO Staking is dynamically changing on a daily basis along with on-chain staked principal and returns.
How is my return calculated?
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After staking TAO, return will be released in the form of TAO based on the amount of staked TAO.
The Est. Daily APR is calculated based on the total amount of TAO reward earned by Gate validators on the Bittensor network and is subject to daily market fluctuations.
TAO Return = TAO Holding Amount × Daily APR / 365 × (1 - Service Fee)
How long does it take to receive rewards after staking?
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If you stake on day D, interest will start to accrue on D+1 and be paid on D + 2.
Can I redeem my TAO return at any time?
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You can redeem your TAO rewards at any time and standard redemptions will be credited to your account on D+1. The unbonding period is subject to change. During this period, no staking rewards or bonuses will be generated from the amount of assets being redeemed.
Can I cancel a staking or redemption order after submission?
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No. The order cannot be canceled. But you can stake or redeem your TAO again through TAO Staking at any time.
Are there any additional fees?
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Gate will charge 1% of the reward as service fees, which include but is not limited to commission, network fees, etc.