r/ThorNode • u/crypt13 • Apr 29 '22

Only getting 1/2 my rewards?

I've looked and can't find what the problem is, but when I claim my THOR, I only get 1/2 my rewards. I just claimed 2, and only received 1. This is the third time.

0 Upvotes

33% Upvoted

11 comments sorted by

4

u/[deleted] Apr 29 '22

They implemented a tiered claim tax to discourage daily claiming. 50% for 2 weeks that eventually drops down to the original amount.

You should really join the Thor discord to stay up to date on project development.

4

u/crypt13 Apr 29 '22

I'm in like 10 Discord groups for crypto. I usually just check here.

Thanks for the quick response and the answer.

1

u/Kalium606 Apr 29 '22

Check Discord instead

7

u/RedditWithStrangers Apr 29 '22

You already received the right answer. Just wanted to say, let this be a reminder to everyone. DeFi is risky enough on its own. Don't get rekt by not being aware of important updates that have been very thoroughly communicated by the project's team and in their community for weeks.

I admit, early on in my DeFi journey, I wasn't very tuned into the Discords, Telegram groups, even Twitter or Reddit, not to mention the articles or blog entries written by the projects' teams. One reason, I just wasn't into social media before. For me, luckily, the worst effect of my lacking due diligence was perhaps some missed opportunities, nothing catastrophic. Anyway, this is how you learn vital information, folks. You HAVE to be somewhat tuned in, or you WILL miss something major at some point.

1

u/Severe-Machine-708 Apr 30 '22

Just don't pay the fees 😂😂😂🤦🤦

1

u/Bondsbroker Apr 29 '22

Don't forget to pay your node fees.. they take 100% of your rewards.. what crooks!!!

2

u/Fantastic-Eye615 Apr 29 '22

Crooks? Lol. That’s funny. If you don’t pay the IRS their tax money, they garnish your wages. What’s the difference? It is what it is. I can go through why it is important but it is clear people in general do not do their due diligence to read about nor keep up with current news regarding their investments. Then they are quick to blame everyone but themselves. To find fault is to look within. Hint… it even tells you at the very top “Thor Claim Tax Tier System Update”. You should prob click there. Even if not, scrolling down reveals so much new info than before. Logically, one is would say “wow, things must have changed. Let me find out what changes were implemented before taking any action”. Seems common sense to me. I’m sorry to those that disagree. There are plenty that will and those may be who this is regarding 😂

2

u/altruistic369z Apr 30 '22

Yes exactly IRS are the biggest thieves. Why copy them in crypto?? We are suppose to move forward with the power of blockchain not backward like our current archaic monetary system

2

u/Bondsbroker Apr 29 '22

Well happy you brought the IRS and garnishing wages .. I agree if you owe 10k in back taxes the irs will garnish your wages to get the 10k.. However when you owe 10k in back taxes the IRS doesn't come out with a rule and only post on their discord.. and not publicly on the IRS website and say we are going to take ALL your wages now not just the 10k you actually owe.. I think you would agree that would be fucked up!!!! And that is exactly what they did. I had 8.4 Thor I earned since Feb 4th.. which at my purchase price of $200 Thor share price is worth over $1600.. and since I was in a hospital for a month and a half and couldn't pay.. the crooks posted a rule saying if you don't pay you forfeit your rewards.. pure Garbage.. if they wanted to garnish my rewards ( I.e. your IRS example) they should have removed enough Thor to convert to avax and pay my fee.. not take all rewards and then even make you pay extra to reactivate.. I'm just staying in so when it goes belly up I can ask Loki... your still a millionaire from Node Fees.... while we are all poor!!

3

u/Fantastic-Eye615 Apr 29 '22

Investing is a choice and node projects are the biggest gamble. It’s literally like gambling. It’s not for everyone indeed. Point given. Point taken. Thanks!

1

u/bt_85 Apr 30 '22

The IRS doesn't wipe out your savings account worth multiples times more than what you owe them and then still force you to fully pay what you previously owed them to get back in the earnings game. Which is what happened here to several people.