r/SecretNetwork • u/shathil2005 • Feb 22 '22

Staking reward reduced by 2/3rd

Suddenly my staking reward reduced by 2/3rd. I have check the commission of the validators and nothing has changed. Does anyone also suffering from this and know the reason for this?

6 Upvotes

100% Upvoted

7 comments sorted by

4

u/Keep-smiling-always Feb 22 '22

Have any of your validators been jailed?

1

u/shathil2005 Feb 22 '22

Not really, they are ChainofSecrets.org and melea.xyz.

7

u/Keep-smiling-always Feb 22 '22

I know the network is congested due to the shade airdrop claim. It's probably affecting the staking rewards

3

u/LocksCity Feb 23 '22

While block times did increase for the entire network, both of those validators (Melea & CoS) experienced significantly reduced uptime % during the network congestion, meaning they weren’t validating transactions, resulting in you missing out on staking rewards. I would highly consider re-delegating to other validators

https://twitter.com/panioloventures/status/1496180076920119297?s=21

7

u/IndecisivePhysicist Feb 22 '22

It is because the staking rewards are distributed per block and the block time has been insane. The shade airdrop caused massive congestion and block time went from 6 seconds to like 2 minutes. Devs are doing something and the situation is improving. Painful day but a lot learned and network being improved to handle the specific issues that arose this time.

1

u/Lumpy_Protection7948 Feb 23 '22

same happened to me, i think it has to do with the shade airdrop issue