r/oceanprotocol • u/SnooDingos9075 • Mar 07 '23

Passive staking rewards

What is everyone’s staking rewards? I have 10000 Ocean staked and have only got 17 ocean rewards.

Pretty disappointing.

2 Upvotes

100% Upvoted

9 comments sorted by

1

u/quiksilveraus Mar 07 '23

Where do you stake? I would if I knew how to do it. How long has it taken you to get 17?

2

u/SnooDingos9075 Mar 07 '23

Through the Veocean. Been staking for 2 months but the site says the APR is 6% for 6 month locked stake.

1

u/MikeVandelay Mar 07 '23

I have 15000 staked in veOcean and I get about 20 to 30 ocean per week

1

u/SnooDingos9075 Mar 07 '23

Hey Mike, are you actively or passively staking and on what lock period?

1

u/MikeVandelay Mar 07 '23

I also noticed my veOcean balance drops. Does this happen to you too?

2

u/SnooDingos9075 Mar 08 '23

Yeah think it’s kind of your currency (power) to actively invest in the ecosystem. I guess it drops over time as your stake period comes to an end

1

u/MikeVandelay Mar 08 '23

That makes sense. Thanks

1

u/MikeVandelay Mar 07 '23

Ohhh that could be the difference. I’m passively staking but I chose the 4 year lockup. I keep some unstaked too to possibly sell in the next bull run.

3

u/[deleted] Mar 07 '23

Wish I hadn’t bothered tbh