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What are Staking Fees?

Staking fees are the fees paid by users who participate in staking on Newton’s platform. Staking involves locking up a certain amount of crypto assets to support the network's operations and validate transactions. In return, stakers receive rewards. When staking through Newton’s platform, a portion of these rewards are deducted as fees by Newton and the staking validator used to facilitate staking on the Newton platform.

Breakdown of Fee Values

Validator Fee

A validator fee is normally calculated as a percentage of the rewards, deducted by the validator for its services in validating transactions and maintaining the network.

Newton Fee

Newton charges a fee for providing the staking service through the platform, which contributes to the platform's maintenance, operation and development of the staking functionality.

Example of How This Works

Let’s pretend you’re staking Ethereum. You have 10 ETH staked and earning. The Newton fee is 15% and the validator fee is 10%. During the most recent rewards period, 0.5 ETH was earned before fees.

Total Earned Before Fees: 0.5 ETH

Validator fee: 0.5 x 0.10 = 0.05 ETH

Newton fee: 0.5 x 0.15 = 0.075 ETH

Total earned by you after fees: 0.375 ETH

In this example, you would receive 0.375 ETH in your Newton account at the end of that reward period.

NOTE: The actual fee percentages can vary depending on the specific cryptocurrency being staked.