Validator update:. The OpenSwap validators will not be rewarding in OpenX tokens over the next few days.
15 Jan 2022, 14:57
Validator update:
The OpenSwap validators will not be rewarding in OpenX tokens over the next few days. This has to do with the fee setup for both validators on the Harmony staking site. While we reconfigure the fees on the Harmony site, you will be rewarded in $ONE tokens through the Harmony staking site.
A quick refresher regarding our fees being listed higher than other validators. Our validators take a portion of the rewards and market buy OpenX before sending the tokens to the delegators. The fee structure is used to gain access to the rewards to conduct the market buy of OpenX.
OpenSwap remains committed to the community to constantly promote growth through DeFi. Anytime the validator is unelected, we will payout the missed rewards.
For additional information on our validators:
OpenX 20% APY:
15% OpenSwap Rewards: