Hello Sirs,
Is it described somewhere? I tried to follow announcements, but lost.
Regards,
Alexander
Have you tried searching the forum with keyword like “October 2024 payout” ?
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Conditions are described there:
But if you would like to know what was a threshold for the November 2024 Payout, I think it is not published yet.
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I noticed there’s a significant difference in transaction fees between Ethereum Layer 1 and zkSync Layer 2 payment options. I recently switched to Layer 1 payments because I confirmed there are still Ethereum fees when sending zkSync payouts to my MetaMask wallet. Despite these fees, could you clarify if receiving payouts via zkSync Layer 2 offers more advantages overall? 
It depends what you want to do. If you stay entirely in l2 - it can be beneficial, but if you swap tokens— you will lose a lot of money on a spread.
The cheapest way to get storj to fiat is to receive it to exchange address on L1 and swap for stablecoin. It’s usually costs under 1%.
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If I recall correctly, there is a payout FAQ here.
But i think if you collect payment and just pay out once a year or so, the bonus is better on L2. I am still waiting that binance add token support for Zksync. Not just ether.
Edit found it:
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I strongly disagree. If you are holding tokens for a year not only you are taking an immense uncompensated risk but also and not save anything becase transaction fee is a percent of the amount. Furthermore, because nobody cares about L2 for transactions that happen once per month, the spread can be 20% easily.
The 3% bonus is an irrelevant noise.
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Afaik Fee is per transaction not per amount. But I will check later and edit this thread.
Yes the risk is there. You can win, but you can loose too. It’s just gamble.
This is demonstrably false. I’ve literally just sold $72 worth of storj and paid $.82 in fees. In September I sold $99 worth of storj and paid $1.18 in fees. Looks pretty proportional to the transaction amount to me.
Also, see “Exchange fees” section on Coinbase itself.
Would it not be more productive for everyone to first check and then post, not the other way around? What’s the point of posting unverified information that directly contradicts something someone else posted?
That’s not the point. The risk is everywhere. The question is whether you are compensated for taking the risk appropriately. in this case, you are not. Hence, there is no benefit in taking the risk.
Please don’t confuse token swap with transaction.
I can now transfer all my Stroj to L1 for 0.35Usd or just transfer 100 to L1 and would have to pay 0.35Usd too.
Also you did this at different times. So gas fees are different too.
Yes it would have been. I wasn’t at home so I couldn’t check or access my wallets. Sorry
Cannot confirm this. This is my token value on my Wallet. As you can see, I took a big risk but at the moment it’s worth more than if I would have sold instantly.
If it’s worth taking the risk is everyone’s own decision.
(Dotted line is token Worth when I received it)
Why not, and why should I care? I get from STORJ on coinbase to USD in my bank for about 1%. That’s all I care about. The rest is semantics. (and token swap is a transaction, btw, but again, who cares)
Correct. As you can see, regardless of gas fee, the cost is 1% of the amount.
The specific one outcome is irrelevant.
Some people buy stock in a well researched company that then sometimes collapses.
Some people go to casino and sometimes win 2M.
The former is well compensated risk, it was a smart thing to do. The latter – is not, and was not. Regardless of the specific outcome.
When you take risk you have to have a reasons to do that, and assess cost of taking that risk vs expected reward.With utility token there are no reasons to do so, the expected reward is not defined. You are taking on additional risk for absolutely free. Holding the token for any amount if time is wasting money (taking on uncompensated risk). If you have extra resources to waste – you can donate them to children’s hospital instead.
In other words – gambling on utility token is very dumb. Spending that money in a casino is much smarter in comparison: you at least have some degree of expected (negative) long term profit.
Let me put it this way: if you had $100 to spend, – would you buy STORJ token or would you instead invest into something else? If you think you would not buy STORJ – you shall sell immediately. IF you think you woudl buy storj – why are you not buying $100k worth of it right now?
Edit:
In fact, all I see from your graph is that at majority of points in time you were better off selling immediately. You were going to lose money but accidentally token spiked. But even this is anecdotal evidence and is irrelevant.
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You know, on the offical payout doc it would be good of what the actual minimum payment was on L1 and L2 to give a node operator a more specific idea.
ideally it could be updated each month with what the previous month’s was. But even just "for instance November 2024) numbers would be useful.
But why would that matter? You can’t use that information in any way, you cannot act on it, so why waste time collecting, posting, reading, and thinking about it? You’ll get an email when payment has been made, until then — out of sight, out of mind.
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For a smaller operator it would give them a hint on if they would even get paid. Especially for a new operator this would be a relevant question their first month.
We actually have this article: