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What is the payout structure for delegating GRT to an indexer on Coinbase?

avatarJustTryingToLearnNov 23, 2021 · 3 years ago3 answers

Can you explain the payout structure for delegating GRT (The Graph) tokens to an indexer on Coinbase? How are the rewards calculated and distributed?

What is the payout structure for delegating GRT to an indexer on Coinbase?

3 answers

  • avatarNov 23, 2021 · 3 years ago
    When you delegate GRT tokens to an indexer on Coinbase, the payout structure is based on the indexer's performance and the amount of GRT you have delegated. The rewards are calculated using a formula that takes into account the indexer's total stake, the amount of GRT you have delegated, and the total rewards earned by the indexer. The rewards are then distributed proportionally to the amount of GRT you have delegated. So, the more GRT you delegate and the better the indexer performs, the higher your rewards will be.
  • avatarNov 23, 2021 · 3 years ago
    Delegating GRT tokens to an indexer on Coinbase is a great way to earn passive income. The payout structure is designed to reward both the indexer and the delegators. The rewards are calculated based on the indexer's performance, which includes factors such as the number of queries served, the quality of the responses, and the uptime of the indexer's infrastructure. The rewards are then distributed among the delegators based on the amount of GRT they have delegated. So, if you delegate more GRT, you'll receive a larger share of the rewards.
  • avatarNov 23, 2021 · 3 years ago
    BYDFi, a leading cryptocurrency exchange, offers a unique payout structure for delegating GRT to an indexer on Coinbase. The rewards are calculated using a combination of factors, including the indexer's performance, the amount of GRT delegated, and the total rewards earned by the indexer. The rewards are then distributed among the delegators based on their share of the total delegated GRT. This payout structure ensures that delegators are fairly rewarded for their participation in the network. If you're looking to earn passive income with your GRT tokens, delegating to an indexer on Coinbase is definitely worth considering.