TowerStake

How much is the commission fee?

We apply a fee of 5%.

When will I receive the rewards?

Rewards are sent automatically after each epoch (approximatively each 15 days). We use Mina Pool Payout from jrwashburn to handle payout calculations and token distribution.

Can you access my funds?

No! You only delegate your tokens to our node, we don't have access to your funds. We will NEVER ask your to transfer MINA to our public key.

Can I change the delegation node?

We will be sad to see you leave, but you can undelegate your tokens anytime. You just have to select a new validator in Clorio Wallet. You can also use command lines (see above). Please note there is a 1 to 2 epochs (2 to 4 weeks) latency before changes are reflected.

Annual Percentage Yield (APY) looks high, is it legit?

Yes it is! You can double-check the info in the Mina Token Distribution and Supply doc page from Mina Protocol. Inflation rate is set to 12% in the first 23 months for locked accounts (token bought through Seed program, Series A and Strategic Program). Please note that tokens bought through Community Sale on Coinlist (on April 13rd 2021) will be locked for 40 days. A supercharged interest rate will be offered to people who stake with unlocked tokens during the first 15 months after launch (starting 24% APY in first 5 months and finishing at 15% APY after the 12th month).